Guar Gum Prices Fall Due to Spot Market Pressure.webp

New Delhi, March 24 Guar gum prices fell by ₹39 to ₹10,158 per quintal on Tuesday 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 April delivery declined by ₹39, or 0.38%, to ₹10,158 per quintal in 52,210 lots.

Market participants said the slack demand in the spot market and ample supplies from growing regions put pressure on guar gum prices.
 
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commodity prices demand futures trading guar gum india new delhi price decline spot market supply trading
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