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(30/03/2026 11:38)

Guar gum futures decline on weak demand

Guar gum futures moved lower on Monday, dropping by Rs 9 to Rs 10,414 per quintal as traders reduced their positions amid weak spot market trends.

On the National Commodity and Derivatives Exchange, guar gum contracts for May delivery slipped by 0.09%, with trading volume of 28,875 lots.

Market participants attributed the decline to subdued demand and ample supply from producing regions, which continued to weigh on prices.

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