Guar gum futures gain on spot demand
On the National Commodity and Derivatives Exchange, guar gum contracts for July delivery traded higher 0.08 per cent, or Rs 5, to Rs 6,190 per five quintal with an open interest of 8,360 lots.
By PTI |
Agencies
NEW DELHI: Guar gum prices on Monday gained Rs 5 to Rs 6,190 per five quintal in futures trade as speculators increased their holdings on spot demand.
On the National Commodity and Derivatives Exchange, guar gum contracts for July delivery traded higher 0.08 per cent, or Rs 5, to Rs 6,190 per five quintal with an open interest of 8,360 lots.
Analysts said after tracking firm physical market trend, traders raised their bets which led to rise in guar gum prices.
On the National Commodity and Derivatives Exchange, guar gum contracts for July delivery traded higher 0.08 per cent, or Rs 5, to Rs 6,190 per five quintal with an open interest of 8,360 lots.
Analysts said after tracking firm physical market trend, traders raised their bets which led to rise in guar gum prices.
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