Guar Gum Prices Fall Amidst Limited Spot Market Activity

Guar Gum Prices Fall Amidst Limited Spot Market Activity.webp


New Delhi, February 13 Guar gum prices fell by ₹59 to ₹10,068 per quintal on Friday 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 March delivery declined by ₹59, or 0.58 percent, to ₹10,068 per quintal in 54,815 lots.

Market participants said a lack of demand in the spot market and ample supplies from growing regions put pressure on guar gum prices.
 
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commodities futures trading guar gum india march delivery national commodity and derivatives exchange new delhi price decrease spot market supply and demand
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