Guar Gum Futures Fall on Weak Demand - PTI
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Guar gum futures prices declined on the National Commodity and Derivatives Exchange due to weak demand and ample supply in the spot market.
New Delhi, Apr 17 (PTI) Guar gum prices on Thursday fell Rs 103 to Rs 10,114 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 May delivery declined Rs 103 or 1.02 per cent to Rs 10,114 per quintal in 52,670 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 May delivery declined Rs 103 or 1.02 per cent to Rs 10,114 per quintal in 52,670 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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