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Guar gum, seed prices fall at spot, futures amid negative sentiment

24 Jun 2022 8:33 pm
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Jodhpur, June 24 (Commoditiescontrol) Guar seed and gum prices dropped sharply in the physical market and futures as well on Friday amid negative sentiment as demand prospects are appearing weak due to global economic slowdown.

Guar seed for auctions was quoted at Rs 5000 per quintal in the market of Rajasthan. Prices of guar seed were down by Rs 200 per quintal.

Total arrivals of guar seed in the country were 7000 bags. Guar seed in all paid was offered at Rs 5300 per quintal while guar gum priced at Rs 10000 per quintal. Guar gum prices dropped Rs 400 per quintal in the physical market.

Guar gum for delivery in July on the NCDEX ended Rs 395 or 3.85% down at Rs 9875 per quintal while low and high of the session were Rs 9775 and Rs 10330 respectively.

Guar seed for delivery in July on the NCDEX ended Rs 198 or 3.61% down at Rs 5293 per quintal while low and high of the session were Rs 5278 and Rs 5495 respectively.

(By Commodities control Bureau; +91 9820130172)

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