India, Aug. 12 -- Guar gum futures prices rose Rs 55, or 0.46%, to Rs 11,978 per quintal on Wednesday, supported by firm demand in the spot market and increased speculative buying.
On the National Commodity and Derivatives Exchange (NCDEX), guar gum contracts for September delivery traded at Rs 11,978 per quintal, with an open interest of 59,480 lots.
Analysts said a firm trend in the physical market encouraged traders to increase their positions, supporting guar gum futures prices.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....