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Guar gum futures fall on low demand

New Delhi,  Guar gum prices on Monday fell by Rs 482 to Rs 12,257.00 per five quintal in futures market as traders offloaded their holdings in line with weak trend in spot market.

On the National Commodity and Derivatives Exchange, guar gum for Decmber delivery fell by Rs482, or 3.93per cent, to Rs 12,257.00 per five quintal in 52,665 lots.

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