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Guar gum futures fall on low demand

New Delhi,  Guar gum prices on Wednesday fell Rs 517 to Rs 9,080 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 517, or 5.39 per cent, to Rs 9,080 per five quintal in 17,350 lots.

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