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Guar seed, gum prices fall amid profit-booking

29 Jun 2022 9:15 pm
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Jodhpur, June 29 (Commoditiescontrol) Guar seed and guar gum prices dropped on Wednesday amid profit-booking as prices had gained previous day. As per the trade analyst, good demand is seen in guar gum presently but prices are moving up and down in a limited range due to speculations about sowing coverage.

Guar seed prices were quoted at Rs 48000 per quintal in auction while it was offered at Rs 5100 per quintal in all paid. Guar gum prices were quoted at Rs 9800 per quintal.

Guar seed prices declined Rs 100 per quintal in the physical markets while guar gum prices dropped Rs 200 per quintal.

Guar gum futures for delivery in July on the NCDEX ended Rs 115 or 1.16% down at Rs 9800 per quintal while low and high of the session were Rs 9690 and Rs 9890 respectively.

Guar seed futures for delivery in July on NCDEX ended Rs 75 or 1.41% down at Rs 5241 per quintal while low and high of the session were Rs 5205 and Rs 5303 respectively.

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