Guar Gum Futures Rise on Strong Demand - PTI
Guar gum futures prices climbed on Wednesday due to increased speculative activity and robust demand in the physical market. Learn more about the factors driving this trend.
New Delhi, Mar 26 (PTI) Guar gum prices on Wednesday rose Rs 13 to Rs 10,271 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 13 or 0.13 per cent at Rs 10,271 per quintal with an open interest of 39,610 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 13 or 0.13 per cent at Rs 10,271 per quintal with an open interest of 39,610 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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