Guar gum prices advanced by Rs 63 to Rs 7,613 per five quintal in futures trade on Friday as investors created fresh bets on firm spot demand.
On the National Commodity and Derivatives Exchange, guar gum contracts for November rose by Rs 63, or 0.83 per cent, to Rs 7,613 per five quintal with an open interest of 39,345 lots.
Besides, guar gum for December delivery advanced by Rs 64, or 0.84 per cent, to Rs 7,720 per five quintal with an open interest of 24,800 lots.
Restricted arrivals from growing regions aided the rise in guar gum futures prices, traders said.
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