Guar Gum Futures Fall on Low Demand
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Guar gum futures prices fell Rs 21 to Rs 9,572 per quintal due to weak spot market trend and low demand. National Commodity and Derivatives Exchange saw a decline of 0.22%.
New Delhi, Jun 19 (PTI) Guar gum prices on Thursday fell Rs 21 to Rs 9,572 per quintal in the futures trade as traders offloaded their holdings in line with a weak trend in the spot market.
On the National Commodity and Derivatives Exchange, guar gum for July delivery declined by Rs 21 or 0.22 per cent to Rs 9,572 per quintal in 51,310 lots.
Marketmen said slackness in demand in the spot market and ample supplies from growing regions put pressure on guar gum prices.
On the National Commodity and Derivatives Exchange, guar gum for July delivery declined by Rs 21 or 0.22 per cent to Rs 9,572 per quintal in 51,310 lots.
Marketmen said slackness in demand in the spot market and ample supplies from growing regions put pressure on guar gum prices.
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