NEW DELHI, Aug 29: Guar gum prices came down by Rs 86 to Rs 8,707 per quintal in futures trading today after participants locked-in gains at current levels amid a weak trend at the physical markets.
Marketmen said profit booking at existing levels, driven by a subdued trend in the spot markets, led to a fall in guar gum prices in futures trade here.
At the National Commodity and Derivatives Exchange, guar gum for October moved down by Rs 86, or 0.98 per cent, to Rs 8,707 per quintal, with an open interest of 45,725 lots.
Likewise, guar gum for November delivery declined by Rs 78, or 0.88 per cent, to Rs 8,826 per quintal, in an open interest of 6,530 lots. (PTI)
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