Guar Gum Futures Fall on Low Demand
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Guar gum futures decline on low demand. Traders offload holdings amid weak spot market trend. October delivery falls on NCDEX.
New Delhi, Sep 12 (PTI) Guar gum prices on Friday fell Rs 23 to Rs 9,330 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 October delivery declined by Rs 23 or 0.25 per cent to Rs 9,330 per quintal in 46,815 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 October delivery declined by Rs 23 or 0.25 per cent to Rs 9,330 per quintal in 46,815 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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