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Guar gum futures fall on low demand

New Delhi, Guar gum prices on Wednesday fell Rs 186 to Rs 6,313 per five quintals in the futures market as traders offloaded their holdings in line with weak trend at the spot market.

On the National Commodity and Derivatives Exchange, guar gum for the June delivery fell Rs 186, or 2.86 per cent, to Rs 6,313 per five quintals in 10,065 lots.

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