India, Aug. 20 -- Guar gum futures prices fell Rs 17 to Rs 12,170 per quintal on Thursday, as traders reduced their holdings amid a weak trend in the spot market.
On the National Commodity and Derivatives Exchange (NCDEX), guar gum contracts for September delivery declined Rs 17, or 0.14%, to Rs 12,170 per quintal, with an open interest of 65,315 lots.
Market analysts said subdued spot demand and ample supplies from producing regions weighed on guar gum prices.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....