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Guar gum futures fall on low demand

New Delhi,Guar gum prices on Wednesday fell Rs 126 to Rs 6,180 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 December delivery declined by Rs 126, or 2 per cent, to Rs 6,180 per five quintal in 53,180 lots.

Guar gum for January delivery decreased by Rs 122, or 1.91 per cent, to Rs 6,265 per five quintal in 3,755 lots.

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