Guar gum prices on Thursday gained Rs 43 to Rs 7,452 per five quintal in futures trade as investors increased their holdings on spot demand.
Analysts said tracking firm physical market trend traders opted to raise their bets which led to rise in guar gum prices.
On the National Commodity and Derivatives Exchange, guar gum delivery for January contracts jumped up by 0.58 per cent, or Rs 43, to Rs 7,452 per five quintal with an open interest of 58,525 lots.
Likewise, the delivery of February contract surged by Rs 38, or 0.51 per cent, to Rs 7,557 per five quintal as open interest stood at 9,305 lots.
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