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Guar gum futures traded lower on Monday, tracking a weak trend in the spot market as traders reduced positions amid subdued demand.
On the National Commodity and Derivatives Exchange (NCDEX), guar gum contracts for February delivery fell by Rs 20, or 0.19 per cent, to Rs 10,626 per quintal, with a business turnover of 54,010 lots.
Market participants said prices were weighed down by slack demand in the spot market and ample supplies from major growing regions, which continued to pressure sentiment.
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