Guar gum futures slipped 0.69% to Rs 12,010 per quintal on the National Commodity and Derivatives Exchange (NCDEX) as traders reduced their positions amid weak demand in the spot market.
The August contract fell Rs 83 to Rs 12,010 per quintal, with a trading volume of 66,745 lots. Market participants attributed the decline to subdued spot demand and ample supplies from key producing regions, which weighed on prices.