On Wednesday, guar gum prices experienced a slight decline of Rs 4, settling at Rs 12,769 per quintal in futures trading. This movement was attributed to market participants liquidating their positions in response to a subdued trend observed in the spot market.

On the National Commodity and Derivatives Exchange, guar gum contracts for October delivery experienced a decrease of Rs 4, or 0.03 percent, settling at Rs 12,769 per quintal across 74,220 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.