Guar gum futures fall on low demand
On the National Commodity and Derivatives Exchange, guar gum for August delivery fell by Rs 109, or 1.62 per cent, to Rs 6,871 per five quintal in 40,725 lots.
By PTI |
Agencies
NEW DELHI: Guar gum prices on Wednesday fell Rs 109 to Rs 6,871 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 August delivery fell by Rs 109, or 1.62 per cent, to Rs 6,871 per five quintal in 40,725 lots.
Marketmen said slackness in demand in the spot market and increased supplies from growing regions put pressure on guar gum prices.
On the National Commodity and Derivatives Exchange, guar gum for August delivery fell by Rs 109, or 1.62 per cent, to Rs 6,871 per five quintal in 40,725 lots.
Marketmen said slackness in demand in the spot market and increased supplies from growing regions put pressure on guar gum prices.
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