Guar Gum Futures Drop on Spot Market Pressure.webp

New Delhi, April 9 Guar gum prices fell by Rs 148 to Rs 10,767 per quintal on Thursday in futures trading, 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 May delivery declined by Rs 148, or 1.36%, to Rs 10,767 per quintal in 50,430 lots.

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