Guar gum futures gain on spot demand
New Delhi, Guar gum prices on Monday gained Rs 108 to Rs 6,848 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 August delivery traded higher 1.6 per cent, or Rs 108 to Rs 6,848 per five quintal with an open interest of 47,545 lots.
Analysts said after tracking firm physical market trend, traders raised their bets which led to rise in guar gum prices. PTI