Guar Gum Futures Rise on Strong Demand - PTI
Guar gum futures prices rose on Friday due to firm spot demand and increased speculation. Read more about the market trend on PTI.
New Delhi, Sep 13 (PTI) Guar gum prices on Friday increased Rs 165 to Rs 10,620 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 165 or 1.55 per cent at Rs 10,620 per quintal with an open interest of 47,900 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 165 or 1.55 per cent at Rs 10,620 per quintal with an open interest of 47,900 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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