Guar Gum Futures Fall on Weak Demand - PTI
Guar gum futures declined Rs 98 to Rs 10,529 per quintal on Monday, driven by low demand and ample supplies in the spot market.
New Delhi, Jan 27 (PTI) Guar gum prices on Monday declined Rs 98 to Rs 10,529 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 98 or 0.93 per cent to Rs 10,529 per quintal in 49,125 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 98 or 0.93 per cent to Rs 10,529 per quintal in 49,125 lots.
Marketmen said slackness in demand in the spot market and ample supplies from growing regions put pressure on guar gum prices.