Business Standard

Guar gum futures fall on sluggish demand

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Press Trust of India New Delhi

Guar gum prices on Thursday declined by Rs 6 to Rs 7,162 per five quintal in futures trade as traders offloaded their positions amid subdued demand.

Marketmen said trimming of positions by participants amid weak export demand dragged down guar gum prices here.

On the National Commodity and Derivatives Exchange, guar gum contracts for December delivery slipped by Rs 6, or 0.08 per cent, to Rs 7,162 per five quintal in 3,615 lots.

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First Published: Dec 12 2019 | 2:40 PM IST

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