India, June 18 -- Guar gum futures prices slipped on Thursday, weighed down by subdued demand and sufficient supplies in the physical market.
On the National Commodity and Derivatives Exchange (NCDEX), guar gum contracts for July delivery fell by Rs 69, or 0.59 per cent, to Rs 11,580 per quintal, with an open interest of 68,450 lots.
Market participants attributed the decline to weak demand in the spot market and adequate arrivals from major producing regions, which kept prices under pressure. Traders also reported increased selling activity as investors trimmed their positions amid the prevailing bearish sentiment.
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