Over the course of the futures market, the price of guar gum suffered a decrease of Rs 28, ultimately reaching a price of Rs 8,977 per quintal. This decline can be attributed to traders selling off their positions, which is reflective of a more general pessimistic attitude that has been witnessed in the spot market.

The price of guar gum that was planned to be delivered in November on the NCDEX saw a loss of Rs 28, which reflected a decrease of 0.31%. This resulted in the value of Rs 8,977 per quintal across a volume of 41,640 lots.

According to market participants, the prices of guar gum were pushed downward by a combination of factors, including a lack of demand in the spot market and an abundance of supplies from locations that contribute to production.