India, Oct. 29 -- Guar gum futures prices rose by Rs. 327 to Rs. 15,580 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 advanced by Rs. 327, or 2.14%, to Rs. 15,580 per quintal, with an open interest of 69,205 lots.
Analysts said traders increased their positions in line with firm trends in the physical market, supporting guar gum prices in futures trade.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....