According to marketmen, heavy buying by participants, directed by emerging spot markets where prices remained in keen demand due to tight supplies of guarseed coupled with heavy demand from consuming industries.
Hike in export demand also influenced the trading sentiments, they added.
Guar gum is used as a thickening and binding agent in the food, textile, paper, pharmaceutical and oil industries.
At the National Commodity and Derivatives Exchange counter, guargum prices for second contract May month delivery surged by Rs 100, or 1.17 per cent to Rs 8,680 per quintal, with an open interest of 5,758 lots.
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