Guar Gum Futures Trade Down as Supply Outpaces Demand.webp

New Delhi, February 24 Guar gum prices fell by ₹71 to ₹9,990 per quintal in futures trading on Tuesday, 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 March delivery declined by ₹71, or 0.71 per cent, to ₹9,990 per quintal in 49,985 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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