Guar gum prices slipped Rs 2 to Rs 9,302 per quintal in futures trade on Monday as traders cut positions amid a subdued trend in the spot market.
On the National Commodity and Derivatives Exchange (NCDEX), October delivery contracts edged down Rs 2, or 0.02%, to Rs 9,302 per quintal with a business turnover of 48,445 lots.
According to market participants, sluggish demand in the spot market along with ample supplies from producing regions weighed on guar gum prices.