Guar gum futures fall on low demand

Guar gum futures fall on low demand

New Delhi, Nov 7 (PTI) Guar gum prices on Tuesday fell by Rs 41 to Rs 11,421 per five quintals in the futures market, as traders offloaded their holdings in line with a weak trend in the spot market.

On the National Commodity and Derivatives Exchange, guar gum for November delivery declined Rs 41 or 0.36 per cent to Rs 11,421 per five quintals in 16,885 lots.

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

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