New Delhi, Sep 28 (PTI) Guar gum prices declined by Rs 28 to Rs 9,152 per quintal in futures trade Friday as operators cut down their positions amid weak export demand at the physical markets. Also Read - British PM Boris Johnson Shifted to Intensive Care Unit as His Coronavirus Symptoms 'worsened'
Marketmen said trimming of bets by participants following a weak trend at the spot markets due to subdued export demand from oil drilling industries, pulled down guar gum prices in futures trade here. Also Read - 'If PM Modi Doesn't Allow...': Trump Warns India of 'Retaliation' if US Order of Hydroxychloroquine Not Released
At the National Commodity and Derivatives Exchange, guar gum for delivery in October was trading lower by Rs 28 or 0.31 per cent to Rs 9,152 per quintal, showing open interest of 29,005 lots. Also Read - Coronavirus: Cases Rise to 4281, Total Deaths at 111, States Hint at Extending Lockdown Beyond April 14 | Top Points
The most-active delivery in November month contracts too shed Rs 20 or 0.22 per cent to Rs 9,269 per quintal, mirroring an open interest of 36,160 lots.PTI SDG SUN SDG ADI ADI
This is published unedited from the PTI feed.