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. February delivery down Rs 65 at Rs 10,531.
New Delhi, Jan 13 (PTI) Guar gum prices on Tuesday fell Rs 65 to Rs 10,531 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 February delivery declined by Rs 65 or 0.61 per cent to Rs 10,531 per quintal in 55,780 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 February delivery declined by Rs 65 or 0.61 per cent to Rs 10,531 per quintal in 55,780 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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