mandi bhav of india

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Guar gum futures fall on low demand

New Delhi,  Guar gum prices on wednesday fell Rs 307 to Rs 11,277.0 per  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 march delivery declined by Rs 307 , or 2.65 per cent, to Rs 11,277.0per five quintal in 45541  lots.

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