Marketmen said widening of positions by participants, taking upbeat cues from spot markets on the back of strong export demand, led to rise in guar gum prices in futures trade here.
At the National Commodity and Derivative Exchange, guar gum for delivery in November contracts climbed Rs 150 or 1.92 per cent to Rs 7,961 per quintal, with an open interest of 940 lots.
Guar gum for most-traded, delivery in October contracts also strengthened by Rs 144 or 1.87 per cent to Rs 7,855 per quintal, in an open interest of 43,705 lots.
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