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Guar gum futures fall on low demand

New Delhi,  Guar gum prices on Friday fell Rs 607 to Rs 9,525 per five quintal in futures market as traders offloaded their holdings in line with weak trend at spot market.

On the National Commodity and Derivatives Exchange, guar gum for September delivery fell by Rs 607, or 5.99 per cent, to Rs 9,525 per five quintal in 36,755 lots.

Marketmen said slackness in demand in the spot market and increased supplies from growing regions put pressure on guar gum prices. PTI