India, Oct. 22 -- Guar gum futures prices rose by Rs 142, or 0.92%, to Rs 15,603 per quintal on Thursday, supported by firm spot demand and increased positions by speculators.
On the National Commodity and Derivatives Exchange (NCDEX), guar gum contracts for November delivery traded Rs 142 higher at Rs 15,603 per quintal, with an open interest of 69,205 lots.
Market analysts said a firm 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....