India, Sept. 29 -- Guar gum prices declined Rs 62, or 0.48%, to Rs 12,496 per quintal in futures trade on Tuesday, tracking a weak trend in the spot market.

On the National Commodity and Derivatives Exchange (NCDEX), guar gum contracts for October delivery recorded a business turnover of 53,955 lots.

Market participants attributed the decline to sluggish spot demand and ample supplies from growing regions, which weighed on guar gum prices.

Published by HT Digital Content Services with permission from Dion Global Solutions Limited....