Guar gum futures up on export demand

Guar gum prices rose Rs 26 to Rs 8,475 per five quintals in the futures trade on Wednesday amid strong export demand in physical markets. On the National Commodity and Derivatives Exchange, guar gum contracts for August delivery traded higher by Rs 26, or 0.31 per cent, at Rs 8,475 per five quintals with an open interest of 27,905 lots. Guar gum contracts for September also rose Rs 22, or 0.26 per cent, to Rs 8,610 per five quintal, mirroring an open interest of 40,190 lots.