India, May 19 -- Guar gum futures traded higher on Tuesday as market participants increased their positions amid firm demand in the physical market.
On the National Commodity and Derivatives Exchange, guar gum contracts for June delivery rose by Rs 110, or 0.98 per cent, to Rs 11,280 per quintal, with open interest at 67,960 lots.
Analysts said stronger trends in the spot market encouraged traders to build fresh positions, supporting the rise in guar gum futures prices.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....