Guar gum futures fall on low demand

NEW DELHI: Guar gum prices on Wednesday fell Rs 20 to Rs 6,400 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 July delivery fell by Rs 20, or 0.31 per cent, to Rs 6,400 per five quintal in 29,790 lots.

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