Guar gum futures gain on spot demand
On the National Commodity and Derivatives Exchange, guar gum contracts for September delivery traded higher 0.22 per cent, or Rs 21 to Rs 9,580 per five quintal with an open interest of 29,045 lots.
By PTI |
Agencies
NEW DELHI: Guar gum prices on Monday gained Rs 21 to Rs 9,580 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 September delivery traded higher 0.22 per cent, or Rs 21 to Rs 9,580 per five quintal with an open interest of 29,045 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 September delivery traded higher 0.22 per cent, or Rs 21 to Rs 9,580 per five quintal with an open interest of 29,045 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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