Guar gum futures fall on low demand

New Delhi, Aug 21 (PTI) Guar gum prices on Monday fell by Rs 102 to Rs 12,965 per five quintals in the futures market as traders offloaded their holdings in line with a weak trend in the spot market.

On the National Commodity and Derivatives Exchange, guar gum for September delivery declined Rs 102 or 0.78 per cent to Rs 12,965 per five quintals in 51,370 lots.

Marketmen said slackness in demand in the spot market and ample supplies from growing regions put pressure on guar gum prices.