Guar gum prices came down by Rs 39 to Rs 8,408 per quintal in futures trading today on liquidated of holdings in line with pessimistic physical markets sentiment amid muted export demand.
Market players said, investors were off loading their holdings in tune with lower sentiments at the spot markets due to tepid export demand for oil drilling industries, which marked down the trading sentiments in the guar gum futures prices.
At the National Commodity and Derivatives Exchange, guar gum delivery for June slipped by Rs 39 or 0.46 per cent to Rs 8,408 per quintal, having an open interest of 48,955 lots.
While, the delivery of May quoted lower by Rs 24 or 0.29 per cent to Rs 8,300 per quintal, with the business turnover in 14,355 open lots.
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