Guar gum prices on Tuesday fell 2.34 per cent to Rs 5,220 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 March delivery fell by Rs 125, or 2.34 per cent, to Rs 5,220 per five quintal in 420 lots.
Guar gum for April delivery eased by Rs 74, or 1.36 per cent, to Rs 5,365 per five quintal in 50,455 lots.
Marketmen said slackness in demand in the spot market and increased supplies from growing regions put pressure on guar gum prices.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app