New Delhi, May 14 — Guar gum prices witnessed a marginal increase in futures trading on Wednesday, driven by stronger demand in the physical market and speculative buying.
On the National Commodity and Derivatives Exchange (NCDEX), guar gum contracts for June delivery increased by Re 1 or 0.01 percent, settling at Rs 9,761 per quintal. The session recorded an open interest of 49,480 lots, reflecting active participation by traders.
According to market analysts, the price uptick is primarily attributed to a firm trend in the spot market. Strengthening demand prompted speculators to expand their positions, supporting the modest future rise.
The movement signals sustained interest in guar gum amid market stability, with traders closely tracking physical market cues.