Guar Gum Prices Lower Due to Spot Market Pressure.webp

New Delhi, March 30 Guar gum prices fell by ₹9 to ₹10,414 per quintal on Monday 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 ₹9, or 0.09 percent, to ₹10,414 per quintal in 28,875 lots.

Market participants said slack demand in the spot market and ample supplies from growing regions put pressure on guar gum prices.
 
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agricultural products commodities demand futures trading guar gum india may delivery national commodity and derivatives exchange new delhi price decline spot market supply chain
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