Guar Gum Futures Surge on Strong Demand - PTI
By Rediff Money Desk, New Delhi Jul 31, 2024 14:26
Guar gum futures prices rose on the National Commodity and Derivatives Exchange due to firm spot demand and increased speculation. Learn more about the market trends.
New Delhi, Jul 31 (PTI) Guar gum prices on Wednesday increased Rs 485 to Rs 10,790 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 August delivery traded higher Rs 485 or 4.49 per cent at Rs 10,790 per quintal with an open interest of 26,320 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 August delivery traded higher Rs 485 or 4.49 per cent at Rs 10,790 per quintal with an open interest of 26,320 lots.
Analysts said after tracking a firm physical market trend, traders raised their bets, which led to the rise in guar gum prices.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- GTL Infrastructure
- 2.90 ( -1.69)
- 39214315
- Vodafone Idea L
- 16.27 (+ 0.31)
- 39205258
- YES Bank Ltd.
- 26.50 (+ 3.15)
- 34956677
- Suzlon Energy Ltd.
- 69.35 (+ 1.61)
- 22603407
- Comfort Intech
- 17.60 ( -8.76)
- 21669591
MORE NEWS
![Sebi''s...](https://im.rediff.com/80-80/money/2024/may/25sebi1.jpg)
Sebi''s Proposal to Curb Index...
Sebi proposes stricter rules for index derivatives to reduce volatility &...
![Gold Price Rises...](https://im.rediff.com/80-80/news/2024/jul/23gold.jpg)
Gold Price Rises Rs 350, Silver Jumps Rs 1,100...
Gold prices in India rose Rs 350 to Rs 71,950 per 10 grams on Wednesday, driven by...
TVS Supply Chain Solutions Q1 PAT at Rs 7.5 cr...
TVS Supply Chain Solutions reports consolidated Q1 PAT at Rs 7.5 crore, driven by...