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Guar seed, gum prices extend fall at spot taking weak cues from futures

4 Aug 2022 9:09 pm
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Jodhpur, August 4 (Commoditiescontrol) Guar seed and gum prices were declined in the physical markets on Thursday taking weak cues from futures. Guar gum futures dropped over 3% amid negative sentiment after crude oil prices witnessed a sharp fall in the international market.

Guar seed traded at Rs 4820 per quintal in all paid while prices of guar seed were quoted at Rs 4600 per quintal for auctions. Guar gum prices were at Rs 8750 per quintal in the benchmark market of Jodhpur today. Guar seed prices dropped 80 per quintal while gum prices fell Rs 200 per quintal.

Guar seed futures for delivery in August ended Rs 89 or 1.81% down at Rs 4815 per quintal while low and high of the session were Rs 4800 and Rs 4924 respectively.

Guar gum futures for delivery in August ended Rs 272 or 3.03% down at Rs 8700 per quintal while low and high of the session were Rs 8655 and Rs 9000 respectively.

(By Commodities control Bureau; +91 9820130172)

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