Guar Gum Futures Plunge on Weak Demand - PTI
Guar gum futures prices dropped on the National Commodity and Derivatives Exchange (NCDEX) on Tuesday due to weak demand and ample supplies in the spot market. Read more.
New Delhi, Sep 3 (PTI) Guar gum prices on Tuesday dropped Rs 93 to Rs 10,673 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 October delivery fell Rs 93 or 0.87 per cent to Rs 10,673 per quintal in 33,035 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 October delivery fell Rs 93 or 0.87 per cent to Rs 10,673 per quintal in 33,035 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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