On Tuesday, guar gum prices increased by Rs 10, reaching Rs 11,525 per quintal in futures trade, driven by speculators boosting their holdings in response to robust spot demand.

On the National Commodity and Derivatives Exchange, guar gum contracts for June delivery experienced an increase of Rs 10, or 0.09 per cent, reaching Rs 11,525 per quintal, accompanied by an open interest of 58,530 lots.

Analysts indicated that following an observation of a firm physical market trend, traders increased their positions, resulting in an uptick in guar gum prices.