India, Sept. 28 -- Guar gum prices declined Rs 32, or 0.24%, to Rs 13,132 per quintal in futures trade on Monday, as market participants reduced their holdings amid weak trends in the spot market.
On the National Commodity and Derivatives Exchange (NCDEX), guar gum contracts for October delivery traded at Rs 13,132 per quintal, with a business turnover of 59,095 lots.
Market analysts attributed the decline to slack demand in the spot market and ample supplies from producing regions, which weighed on prices.
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