India, Aug. 19 -- Guar gum futures prices increased by Rs 21, or 0.17 per cent, to Rs 12,266 per quintal on Wednesday, 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 September delivery traded at Rs 12,266 per quintal, with an open interest of 66,010 lots.
Analysts said a positive trend in the physical market encouraged traders to increase their positions, providing support to guar gum futures prices.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....