Guar Gum Futures Fall on Low Demand
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Guar gum futures decline on weak spot market demand. October delivery falls on NCDEX. Learn more about guar gum price trends.
New Delhi, Sep 17 (PTI) Guar gum prices on Wednesday fell by Rs 22 to Rs 9,402 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 22 or 0.23 per cent to Rs 9,402 per quintal in 50,615 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 22 or 0.23 per cent to Rs 9,402 per quintal in 50,615 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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