NEW DELHI, March 29 (PTI): Guar gum prices on Wednesday fell by Rs 212 to Rs 11,700 per five quintal in the futures market as traders offloaded their holdings in line with a weak trend in the spot market.
On the National Commodity and Derivatives Exchange, guar gum for April delivery declined by Rs 212 or 1.78 per cent to Rs 11,700 per five quintal in 27,505 lots.
Marketmen said slackness in demand in the spot market and ample supplies from growing regions put pressure on guar gum prices.