Guar Gum Futures Fall on Weak Demand
Guar gum futures prices fell on Friday due to weak demand in the spot market and ample supplies.
New Delhi, Mar 7 (PTI) Guar gum prices on Friday fell Rs 5 to Rs 10,205 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 slipped Rs 5 or 0.05 per cent to Rs 10,205 per quintal in 41,790 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 slipped Rs 5 or 0.05 per cent to Rs 10,205 per quintal in 41,790 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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