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Guar Gum Futures Decline Amidst Weak Demand and Ample Supply
N
News18•21-09-2026, 12:45
Guar Gum Futures Decline Amidst Weak Demand and Ample Supply
- •Guar gum prices fell by Rs 13 to Rs 13,280 per quintal in futures trade on Monday.
- •The decline is attributed to market participants offloading holdings due to a weak trend in the spot market.
- •On the National Commodity and Derivatives Exchange, October delivery contracts for guar gum decreased by 0.10 per cent.
- •A total of 76,045 lots were traded for guar gum contracts.
- •Slack demand in the spot market and ample supplies from growing regions are key factors pressuring prices.
Key Questions Answered
Guar gum futures prices fell due to market participants offloading their holdings in line with a weak trend in the spot market, compounded by slack demand and ample supplies from growing regions.
Guar gum contracts for October delivery declined by Rs 13, or 0.10 percent, to settle at Rs 13,280 per quintal in 76,045 lots.
Guar gum futures contracts are traded on the National Commodity and Derivatives Exchange (NCDEX).
