Guar gum prices decreased by Rs 9 to Rs 12,000 per quintal in futures trade on Monday, as market participants liquidated their positions in response to a declining trend in the spot market.

On the National Commodity and Derivatives Exchange, guar gum contracts for September delivery declined by Rs 9, representing a decrease of 0.07 per cent, settling at Rs 12,000 per quintal across 57,290 lots.

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