Guar gum futures down Rs 36 per quintal

Guar gum prices dropped by Rs 36 to Rs 8,540 per quintal in futures trading today as traders booked profits at prevailing levels coupled with a subdued trend at the physical markets.
At the National Commodity and Derivatives Exchange, guar gum for delivery in April declined by Rs 36, or 0.42 per cent, to Rs 8,540 per quintal, with the business turnover of 160 open lots.
Similarly, delivery in May also slipped by Rs 21, or 0.24 per cent, to Rs 8,574 per quintal, in an open interest of 47,220 lots.