mandi bhav of india

- Advertisement -

Guar Gum futures rise on fresh bets

New Delhi,  Guar Gum prices on Monday rose by Rs 731 to Rs 12,192.00per 10 quintal in futures trade after speculators increased their positions driven by a firm trend at spot market.

On the National Commodity and Derivatives Exchange, guar gum for November contracts increased by Rs 731, or 6.00er cent, to Rs 12,192.00 per 10 quintal with an open interest of 11,415 lots.

According to marketmen, raising of bets by speculators tracking a firm trend in the spot market on thin supplies from growing belts mainly led to rise in guar gum prices here. PTI