Guar Gum Futures Plunge on Weak Demand - PTI
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Guar gum futures prices fell on Monday due to low demand in the spot market and ample supplies from growing regions, according to PTI.
New Delhi, Apr 7 (PTI) Guar gum prices on Monday fell Rs 83 to Rs 10,203 per quintal in the futures trade 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 83 or 0.81 per cent to Rs 10,203 per quintal in 37,940 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 83 or 0.81 per cent to Rs 10,203 per quintal in 37,940 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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