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Guar gum futures fall on low demand

New Delhi,  Guar gum prices on Friday fell Rs 51 to Rs 6,865 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 August delivery fell by Rs 51, or 0.74 per cent, to Rs 6,865 per five quintal in 29,955 lots.

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