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Guar gum futures fall on weak spot demand

New Delhi, May 6 (PTI) Guar gum prices on Friday fell by Rs 114 to Rs 11,644 per five quintal in futures trade as traders offloaded their positions in line with a weak trend at the spot market.

On the NCDEX, guar gum for delivery in May fell by Rs 114, or 0.98 per cent, to Rs 11,644 per five quintal with a business turnover of 18,750 lots.

Traders said subdued demand at the spot market and adequate supply from producing regions kept pressure on guar gum futures.

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