On Tuesday, guar gum prices decreased by Rs 20, settling at Rs 12,150 per quintal in futures trade, 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 experienced a decrease of Rs 20, or 0.16 per cent, settling at Rs 12,150 per quintal across 58,665 lots.

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