Guar gum futures fall on low demand

Guar gum prices on Monday fell by Rs 2 to Rs 5,985 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 for January delivery eased by Rs 2, or 0.03 per cent, to Rs 5,985 per five quintal in 36,710 lots.

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


However, guar gum for February delivery increased by Rs 6, or 0.1 per cent, to Rs 6,054 per five quintal in 16,340 lots.