New Delhi, February 10 Guar gum prices rose by Rs 59 to Rs 10,287 per quintal in futures trading on Tuesday, as speculators increased their holdings in response to strong spot demand.
On the National Commodity and Derivatives Exchange, guar gum contracts for March delivery rose by Rs 59 or 0.58% to Rs 10,287 per quintal, with an open interest of 47,345 lots.
Analysts said that traders increased their positions based on the firm trend in the physical market, which led to the rise in guar gum prices.
