In futures trading, speculators increased their holdings in reaction to a high demand in the spot market, which caused the price of guar gum to rise by Rs 22, reaching Rs 8,518 per quintal.

Guar gum contracts for December delivery on the NCDEX saw a rise of 0.26%, which is equivalent to an increase of Rs 22, reaching a price of Rs 8,518 per quintal. This was accompanied by an open interest of 45,755 lots.

An increase in the prices of guar gum was brought about by traders who expanded their positions after conducting an exhaustive investigation into the prevailing dynamics of the physical market.