Guar gum futures ease on low demand

New Delhi, Mar 30 () Guar gum prices on Monday slump 1.51 per cent to Rs 4,972 per five quintal in futures market as traders offloaded their holdings in line with weak trend at the spot market.On the National Commodity and Derivatives Exchange, guar gum for April delivery fell by Rs 76, or 1.51 per cent, to Rs 4,972 per five quintal in 22,100 lots.Guar gum for May delivery eased by Rs 69, or 1.35 per cent, to Rs 5,030 per five quintal in 26,305 lots. Marketmen said slackness in demand in the spot market and increased supplies from growing regions mainly exerted pressure on guar gum prices. VHP SHWSHW