India, April 15 -- Guar gum futures moved higher on Wednesday, rising by Rs 79 to Rs 10,820 per quintal, supported by increased buying from traders amid firm demand in the physical market.
On the National Commodity and Derivatives Exchange, May contracts advanced 0.74%, with open interest at 61,870 lots.
Market analysts attributed the gain to stronger spot market trends, which encouraged traders to build fresh positions, pushing prices higher.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....