On Friday, guar gum prices declined by Rs 43, settling at Rs 11,600 per quintal in futures trade, as traders liquidated their positions in response to a sluggish trend observed in the spot market. On the National Commodity and Derivatives Exchange, guar gum for July delivery experienced a decrease of Rs 43, representing a decline Read More
On Wednesday, guar gum prices experienced an increase of Rs 29, reaching Rs 11,453 per quintal in futures trade. This rise can be attributed to speculators augmenting 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 29, or Read More
Guar gum prices on Monday rose by Rs 21 to Rs 11,565 per quintal in futures trade as speculators increased their holdings amid a firm spot demand. On the National Commodity and Derivatives Exchange, guar gum contracts for June delivery traded higher by Rs 21, or 0.18 per cent, to Rs 11,565 per quintal with Read More
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 Read More
On Friday, guar gum prices decreased by Rs 61, settling at Rs 11,680 per quintal in the futures market, as traders liquidated their positions in response to a declining trend observed in the spot market. On the National Commodity and Derivatives Exchange, guar gum for June delivery experienced a decrease of Rs 61, representing a Read More
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 Read More
As a result of speculators boosting their holdings in reaction to high spot demand, the price of guar gum increased by Rs 47 on Monday, reaching Rs 11,352 per quintal in futures trade. This occurrence occurred as a result of the fact that the commodity was in high demand. The price of guar gum contracts Read More
Guar Gum futures exhibited a consolidative pattern following a notable rebound from previous lows. The contract is presently situated close to the 50-period moving average, which serves as immediate support in the range of 11,300 to 11,190. On the upside, resistance is evident around 11,360 and subsequently at 11,500, where selling pressure has previously materialized. Read More
Due to speculators increasing their holdings in response to solid spot demand, the price of guar gum increased by Rs 137 on Wednesday, hitting Rs 11,263 a quintal in futures trading. This increase was driven by the fact that guar gum prices reached those levels. Guar gum contracts for delivery in June had a gain Read More
The current price levels are located in close proximity to the zone where the 50-hour and 200-hour moving averages converge. The current support is situated in the vicinity of Rs 10,450–10,500, which closely corresponds to the most recent foundational area. There is a substantial retracement level that coincides with the observed resistance, which is located Read More
By rebounding from the 200-hour moving average, the current price action indicates that a solid foundation has been built. This is shown by the fact that the basis has been established. The 50-hour moving average is currently situated around approximately Rs 10,790, which acts as a substantial hurdle in the short term. A probable decrease Read More
