Guar gum futures gain on firm demand
Guar gum prices advanced Rs 81 to Rs 8,005 per five quintal in futures trade on Wednesday as investors created fresh bets on firm spot demand.
On the National Commodity and Derivatives Exchange, guar gum contracts for November rose by Rs 81, or 1.02 per cent, to Rs 8,005 per five quintal with an open interest of 2,735 lots.
Restricted arrivals from growing regions aided the rise in guar gum future prices, traders said.
Disclaimer: No Business Standard Journalist was involved in creation of this content