India, July 29 -- Guar gum futures extended gains on Wednesday, with prices rising Rs 20 to Rs 11,355 per quintal for the August delivery contract on the National Commodity and Derivatives Exchange (NCDEX).
The contract advanced 0.18%, while open interest stood at 49,215 lots.
According to market analysts, firm demand in the physical market prompted traders to increase their positions, supporting the rise in guar gum futures prices.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....