Guar gum prices on Monday fell Rs 70 to Rs 6,102 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 70, or 1.13 per cent, to Rs 6,102 per five quintal in 1,360 lots
Guar gum for October delivery decreased by Rs 48, or 0.77 per cent to Rs 6,190 per five quintal in 48,390 lots.
Marketmen said slackness in demand in the spot market and increased supplies from growing regions put pressure on guar gum prices. PTI