Guar Gum Futures Rise on Strong Demand - PTI
Dec 13, 2023 15:27
Guar gum futures prices increased on the National Commodity and Derivatives Exchange due to firm spot demand and increased speculative holdings. Read more.
New Delhi, Dec 13 (PTI) Guar gum prices on Wednesday increased Rs 37 to Rs 10,753 per five quintals in futures trade as speculators increased their holdings amid a firm spot demand.
On the National Commodity and Derivatives Exchange, guar gum contracts for December delivery traded higher by Rs 37 or 0.34 per cent at Rs 10,753 per five quintals with an open interest of 5,630 lots.
Analysts said after tracking a firm physical market trend, traders raised their bets, which led to the rise in guar gum prices.
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