Guar gum futures fell by Rs. 57, or 0.34%, to Rs. 16,565 per quintal on Monday, tracking a weak trend in the spot market amid subdued demand.
On the National Commodity and Derivatives Exchange (NCDEX), guar gum contracts for December delivery declined Rs. 57 to Rs. 16,565 per quintal, with a trading volume of 65,005 lots.
Market participants attributed the decline to sluggish spot demand and ample supplies from growing regions, which weighed on guar gum prices.