India, Sept. 10 -- Guar gum prices rose Rs 9 to Rs 12,850 per quintal in futures trade on Thursday, supported by firm demand in the spot market and increased buying by speculators.
On the National Commodity and Derivatives Exchange (NCDEX), guar gum contracts for October delivery advanced Rs 9, or 0.07%, to Rs 12,850 per quintal, with an open interest of 65,700 lots.
Analysts said a firm trend in the physical market prompted traders to increase their positions, supporting guar gum futures prices.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....