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Guar Gum Futures Drop Amid Weak Demand and Ample Supplies
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News18•13-10-2026, 14:30
Guar Gum Futures Drop Amid Weak Demand and Ample Supplies
- •Guar gum prices declined by Rs 181 to Rs 15,440 per quintal in futures trade as participants offloaded holdings.
- •Contracts for November delivery on the National Commodity and Derivatives Exchange fell by 1.16 per cent.
- •Slack demand in the spot market and ample supplies from growing regions drove the downward trend.
Key Questions Answered
Guar gum futures fell due to market participants offloading their holdings amidst a weak trend in the spot market, slack demand, and ample supplies from growing regions.
Guar gum contracts for November delivery declined by Rs 181, or 1.16 percent, bringing the price down to Rs 15,440 per quintal.
The decline in guar gum futures prices occurred across a total trading volume of 76,200 lots.