Gur recovers 0.6% on speculative buying
Prices looked up as speculators enlarged position
Press Trust of India New Delhi Gur futures for July rose by Rs 8, or 0.61%, to Rs 1,321.50 per 40 kg in 11,100 lots.
At the National Commodity and Derivatives Exchange (NCDEX), the September contract hardened by Rs 7, or 0.51%, to Rs 1,379.50 per 40 kg in 3,130 lots.
Prices looked up as speculators enlarged position at prevailing lower levels amid rising demand spot markets.
Besides, tight availability of sugar-cane too supported the upside in gur prices at futures trade.