Guar gum prices on Monday declined by Rs 87 to Rs 7,248 per five quintal in futures trade as traders offloaded their positions amid subdued demand.
Marketmen said trimming of positions by participants amid weak export demand dragged down guar gum prices here.
On the National Commodity and Derivatives Exchange, guar gum contracts for December delivery slipped by Rs 87, or 1.19 per cent, to Rs 7,248 per five quintal in 10,995 lots.
Guar gum contracts for January delivery eased by Rs 86, or 1.16 per cent, to Rs 7,354 per five quintal in 56,025 lots.
Disclaimer: No Business Standard Journalist was involved in creation of this content
