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Guar Gum Futures Gain On Firm Demand

New Delhi.Guar gum prices on Thursday gained Rs 34 to Rs 9,410 per five quintals 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 by Rs 34 or 0.36 percent at Rs 9,410 per five quintals with an open interest of 40,610 lots.

Analysts said traders raised their bets, tracking firm physical market trends that led to the rise in guar gum prices.PTI