Marketmen said raising of bets by speculators in sync with the surging demand from guar gum makers amid tight arrivals of guar seed from growing regions at the spot market, mainly attributed uptick in guarseed future prices.
At the National Commodity and Derivative Exchange, guar seed for most-active delivery in far-month October looked up by Rs 27 or 0.79 per cent to Rs 3,437 per quintal, having an open interest of 68,860 lots.
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