Guar Gum Futures Surge on Strong Demand - PTI
Guar gum futures prices climbed on Thursday, driven by increased speculative interest and firm demand in the physical market. Learn more about the factors influencing guar gum prices.
New Delhi, Feb 13 (PTI) Guar gum prices on Thursday increased Rs 49 to Rs 10,101 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 March delivery traded higher by Rs 49 or 0.49 per cent at Rs 10,101 per quintal with an open interest of 51,475 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 March delivery traded higher by Rs 49 or 0.49 per cent at Rs 10,101 per quintal with an open interest of 51,475 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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