On Friday, guar gum prices decreased by Rs 61, settling at Rs 11,680 per quintal in the futures market, as traders liquidated their positions in response to a declining trend observed in the spot market.

On the National Commodity and Derivatives Exchange, guar gum for June delivery experienced a decrease of Rs 61, representing a decline of 0.52 per cent, settling at Rs 11,680 per quintal across 64,550 lots.

Market participants indicated that a decline in demand in the spot market, coupled with abundant supplies from producing regions, has exerted downward pressure on guar gum prices.