Guar Gum Futures Fall on Weak Demand - PTI
Guar gum futures prices dropped on the National Commodity and Derivatives Exchange (NCDEX) due to weak demand and ample supplies. Read more about the market trend.
New Delhi, Jan 17 (PTI) Guar gum prices on Friday dropped Rs 7 to Rs 10,697 per quintal in the futures market 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 fell Rs 7 or 0.07 per cent to Rs 10,697 per quintal in 57,125 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 fell Rs 7 or 0.07 per cent to Rs 10,697 per quintal in 57,125 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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