Market players said besides rising stocks positions following constant supplies of guar seed from growing regions against weak domestic and overseas demand, mainly led to decline in guar gum prices here in the future trade.
At the National Commodity and Derivative Exchange, guar gum for delivery in October contract dived Rs 120 or 1.49 per cent to Rs 7,932 per quintal, clocking an open interest of 43,560 lots.
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