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Guar gum futures fall on low demand

New Delhi,  Guar gum prices on Thursday fell Rs 59 to Rs 9,608 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 59, or 0.61 per cent, to Rs 9,608 per five quintal in 44,785 lots.

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