The NCDEX Guargum futures slipped today after recording sharp gains in last few days as markets witnessed profit booking on hopes of increasing guarseed arrivals in coming weeks. Prices have been going up on worries over a shortfall in Guarseed output in major producing region. However, a sustained wave of selling pressure in crude oil prices is also keeping Guargum export hopes under somewhat check.The NCDEX Guargum futures are trading at Rs 10365 per tonne, down 1.29% on the day. The counter soared nearly 25% over last six weeks. Powered by Commodity Insights
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