The prices of guar gum in futures trading climbed by Rs 110 on Tuesday, reaching Rs 11,280 per quintal. This gain was driven by speculators increasing their holdings in reaction to the solid demand that was seen in the spot market.

On the National Commodity and Derivatives Exchange, guar gum contracts for June delivery had an increase of Rs 110, which is equivalent to 0.98 percent, reaching Rs 11,280 per quintal. Additionally, there was an open interest of 67,960 lots in the market.

After conducting an examination of the prevalent tendencies in the physical market, traders boosted their positions, which led to an increase in the prices of guar gum.