Guar Gum Futures Fall on Weak Demand
Guar gum futures prices declined on the National Commodity and Derivatives Exchange due to low demand and ample supply in the spot market.
New Delhi, Mar 4 (PTI) Guar gum prices on Tuesday fell by Rs 30 to Rs 10,014 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 April delivery fell Rs 30 or 0.30 per cent to Rs 10,014 per quintal in 34,100 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 April delivery fell Rs 30 or 0.30 per cent to Rs 10,014 per quintal in 34,100 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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