Guar Gum Futures Surge on Strong Demand - PTI
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.
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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