Guar Gum Futures Fall on Weak Demand - PTI
Guar gum futures prices fell on Tuesday due to weak demand and ample supplies, according to PTI. The decline was seen in the National Commodity and Derivatives Exchange.
New Delhi, Feb 25 (PTI) Guar gum prices on Tuesday fell by Rs 51 to Rs 10,123 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 March delivery fell Rs 51 or 0.50 per cent to Rs 10,123 per quintal in 44,010 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 March delivery fell Rs 51 or 0.50 per cent to Rs 10,123 per quintal in 44,010 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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