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Guar gum futures fall on low demand

New Delhi, Guar gum prices on Tuesday fell Rs 20 to Rs 6,275 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 October delivery fell by Rs 20, or 0.32 per cent, to Rs 6,275 per five quintal in 37,430 lots.

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

Guar gum for November delivery increased by Rs 28, or 0.44 per cent to Rs 6,375 per five quintal in 85 lots. PTI