India, Oct. 28 -- Guar gum futures prices rose by Rs 364 to Rs 15,140 per quintal on Wednesday, supported by firm spot market demand and increased positions by speculators.
On the National Commodity and Derivatives Exchange (NCDEX), guar gum contracts for November delivery gained Rs 364, or 2.46%, to trade at Rs 15,140 per quintal, with an open interest of 55,065 lots.
Market analysts said the positive trend in the physical market encouraged traders to increase their positions, lending support to guar gum futures prices during the session.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....