Guar gum prices declined by Rs. 57, or 0.35%, to Rs. 16,350 per quintal in futures trade on Wednesday, as participants reduced their positions amid weak trends in the spot market.
On the National Commodity and Derivatives Exchange (NCDEX), guar gum contracts for November delivery traded at Rs. 16,350 per quintal in a market volume of 15,805 lots, compared with the previous session's close of Rs. 16,407 per quintal.