New Delhi, Sep 21 (PTI) Guar gum prices on Monday gained Rs 65 to Rs 6,343 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 1.04 per cent, or Rs 65 to Rs 6,343 per five quintal with an open interest of 46,990 lots.
Likewise, the contracts for delivery in November traded higher by Rs 64, or 1.01 per cent, at Rs 6,415 per five quintal as open interest stood at 5,255 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