New Delhi, Sep 28 (PTI) Guar gum prices on Monday gained Rs 69 to Rs 6,130 per five quintal in futures trade as speculators increased their holdings on spot demand.
On the National Commodity and Derivatives Exchange, guar gum contracts for October delivery traded higher 1.14 per cent, or Rs 69, to Rs 6,130 per five quintal with an open interest of 35,680 lots.
The contracts for delivery in November traded higher by Rs 74, or 1.21 per cent, at Rs 6,189 per five quintal as open interest stood at 16,470 lots.
Analysts said after tracking firm physical market trend, traders raised their bets which led to rise in guar gum prices. PTI SRS SHW SHW