Guar Gum Futures Rise on Strong Demand - PTI
Guar gum futures prices surged on the National Commodity and Derivatives Exchange due to firm spot demand and increased speculation. Learn more about the market trends.
New Delhi, Sep 5 (PTI) Guar gum prices on Thursday increased Rs 9 to Rs 10,622 per quintal in futures trade as speculators increased their holdings amid a firm spot demand.
On the National Commodity and Derivatives Exchange, guar gum contracts for October delivery traded higher by Rs 9 or 0.08 per cent at Rs 10,622 per quintal with an open interest of 38,275 lots.
Analysts said after tracking a firm physical market trend, traders raised their bets, which led to the rise in guar gum prices.
On the National Commodity and Derivatives Exchange, guar gum contracts for October delivery traded higher by Rs 9 or 0.08 per cent at Rs 10,622 per quintal with an open interest of 38,275 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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