Guar Gum Futures Fall on Low Demand
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Guar gum futures decline on weak spot market trend. Traders offload holdings due to low demand and ample supplies. Get the latest updates.
New Delhi, Sep 18 (PTI) Guar gum prices on Thursday fell Rs 94 to Rs 9,274 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 94 or 1.01 per cent to Rs 9,274 per quintal in 51,405 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 94 or 1.01 per cent to Rs 9,274 per quintal in 51,405 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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