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Guargum prices were down by Rs. 90 to Rs. 7,880 per quintal in futures trading today as traders were seen trimming, tracking weak global as well as spot market cues.
Marketmen said persistent supplies from growing regions, sparked by slackened buying by guargum makers in spot markets, mainly brought down the guargum prices.
Furthermore, rising inventories and sluggish export demand weighed on prices, they added.
At the National Commodity and
Guar gum powder is extracted from the guar bean (cyamopsis tetragonolobus), which grows in India and Pakistan. The power derived from this naturally occurring gum and is mainly carbohydrate in nature. It has been used from time memorial as food, as a gelling, thickening and binding agent as well as a medicinal plant. Guar powder is carefully extracted from the leguminosae seeds through multistage industrial processing techniques which depend on the pow
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