Guar gum prices experienced a slight increase, reaching Rs 16,665 per quintal in futures trading on Friday, driven by speculators augmenting their positions in response to robust spot demand.
On the National Commodity and Derivatives Exchange, guar gum contracts for November delivery experienced an increase of Rs 25, or 0.15 percent, reaching Rs 16,665 per quintal, accompanied by an open interest of 8,120 lots.
In response to a discernible trend within the physical market, traders increased their positions, resulting in an uptick in guar gum prices, analysts noted.
