Guar gum prices experienced an increase of Rs 9, reaching Rs 12,850 per quintal in futures trading on Thursday. This rise can be attributed to speculators augmenting their positions in response to robust demand in the spot market.

On the National Commodity and Derivatives Exchange, guar gum contracts for October delivery experienced an increase of Rs 9, or 0.07 percent, reaching Rs 12,850 per quintal, accompanied by an open interest of 65,700 lots.

In response to a firm physical market trend, traders increased their positions, resulting in an uptick in guar gum prices, analysts noted.