Guar gum futures fall on low demand

News

Guar gum prices on Friday fell Rs 151 to Rs 6,144 per five quintal in futures market as traders offloaded their holdings in line with weak trend at spot market.

On the National Commodity and Derivatives Exchange, guar gum for December delivery fell by Rs 151, or 2.4 per cent, to Rs 6,144 per five quintal in 740 lots.

Guar gum for January delivery decreased by Rs 29, or 0.47 per cent to Rs 6,180 per five quintal in 49,920 lots.

Marketmen said slackness in demand in the spot market and increased supplies from growing regions put pressure on guar gum prices.

Articles You May Like

Forex Trading For Beginners (Full Course in under 26 Minutes)
🔴 Live POCKET OPTION TRADING | Pocket Option App | Pocket Option | Binary Options #livetrading
📈 Forex Trading for Beginners | Class 1: What is Forex & How It Works (Full Beginner Guide)
Easy Trading Strategy for Beginners in 2025 – Perfect for Students & Job Holders (Proven Results)
Parameter To Build Your Own Trading System – I Will Be A Trader

Leave a Reply

Your email address will not be published. Required fields are marked *