Guar gum futures fall on low demand

Guar gum prices on Monday fell by Rs 80 to Rs 6,067 per five 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 contracts for December delivery eased by Rs 80, or 1.3 per cent, to Rs 6,067 per five quintal in 48,085 lots.

Guar gum contracts for January delivery decreased by Rs 81, or 1.3 per cent, to Rs 6,143 per five quintal in 8,935 lots.


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