India, March 2 -- Guar gum futures declined by Rs 263 to Rs 9,800 per quintal on Monday as traders trimmed positions amid a soft trend in the physical market.
On the National Commodity and Derivatives Exchange (NCDEX), guar gum contracts for April delivery dropped Rs 263, or 2.61 per cent, to Rs 9,800 per quintal, with a trading volume of 34,535 lots.
Market participants said subdued demand in the spot market along with adequate supplies from producing regions weighed on prices.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....