Market players said speculators were indulged in widening their holdings in sync with robust export demand for oil drilling industries, which buoyed uptrend in the future market.
Besides, restricted arrivals of guarseed from growing regions amid heavy demand for gum making industries in the spot markets too enthused trading sentiments, they quoted.
At the National Commodity and Derivative Exchange counter, guargum delivery for immediate contract June month jumped up by Rs 186 or 2.61 per cent to Rs 7,300 per quintal, open interest stood at 3,430 lots.
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