Further, subdued demand at the physical market also weighed on the sentiments.
At the National Commodity and Derivatives Exchange, guargum for delivery in July contracts plummeted by Rs 430, or 3.96 per cent to hit lower circuit at Rs 10,440 per quintal, with an open interest of 9,957 lots.
Guargum for delivery in October dived Rs 450, or 3.93 per cent to Rs 11,000 per quintal, with an open interest of 11,710 lots.