Guar Gum Futures Rise on Strong Demand - PTI
Guar gum futures prices rose on the National Commodity and Derivatives Exchange (NCDEX) due to firm spot demand and increased speculation. Read more.
New Delhi, Mar 25 (PTI) Guar gum prices on Tuesday rose Rs 8 to Rs 10,312 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 April delivery traded higher Rs 8 or 0.08 per cent at Rs 10,312 per quintal with an open interest of 43,720 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 April delivery traded higher Rs 8 or 0.08 per cent at Rs 10,312 per quintal with an open interest of 43,720 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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