India, Dec. 29 -- Guar gum prices on Monday fell Rs 8 to Rs 11,298 per quintal in futures trade as traders offloaded positions amid a weak trend in the spot market.
On the National Commodity and Derivatives Exchange (NCDEX), guar gum contracts for January delivery declined Rs 8, or 0.07 per cent, to Rs 11,298 per quintal, with an open interest of 36,870 lots.
Market participants said sluggish demand in the spot market, coupled with ample supplies from key producing regions, weighed on guar gum prices.
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