Market players attributed rise in guar gum prices in futures market to raising of bets by participants, hoping pick up in domestic and overseas demand.
Besides, restricted supplies of guar seed from growing regions at the spot markets too supported the upside in guar gum prices, they said.
At the National Commodity and Derivative Exchange, guar gum for most-active delivery in January next year spurted by Rs 127 or 1.43 per cent to Rs 8,920 per quintal, with an open interest of 53,310 lots.
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