Guar Gum Futures Fall on Low Demand
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Guar gum futures prices fell due to weak spot market trend and low demand. July delivery declined by Rs 74 to Rs 9,558 per quintal.
New Delhi, Jun 23 (PTI) Guar gum prices on Monday fell Rs 74 to Rs 9,558 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 74 or 0.77 per cent to Rs 9,558 per quintal in 49,150 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 74 or 0.77 per cent to Rs 9,558 per quintal in 49,150 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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