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Guar Gum Futures Surge on Strong Demand - PTI

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By Rediff Money Desk, NEWDELHI   Apr 08, 2024 13:59

Guar gum futures prices climbed on the National Commodity and Derivatives Exchange (NCDEX) due to firm demand and increased speculation. Read more.
New Delhi, Apr 8 (PTI) Guar gum prices on Monday increased Rs 6 to Rs 10,664 per five quintals 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 6 or 0.06 per cent at Rs 10,664 per five quintals with an open interest of 105 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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