Guar gum futures up on export demand

Guar gum futures up on export demand
  • Country:
  • India

Guar gum prices rose by Rs 144 to Rs 8,826 per 5 quintal in futures trade Thursday amid upbeat export demand at physical markets.

On the National Commodity and Derivatives Exchange, guar gum for delivery in May contracts was trading higher by Rs 144, or 1.66 per cent, to Rs 8,826 per 5 quintal, showing an open interest of 315 lots.

The most-active delivery in June contracts was up by Re 1, or 0.01 per cent, at Rs 9,000 per 5 quintal, mirroring an open interest of 67,230 lots.

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