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
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
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
In the present moment, the price is analyzing support levels in the vicinity of Rs 10,422, which indicates that there is a potential possibility for a comeback. At the moment, the level of resistance is situated at Rs 10,728. The 50-period moving average is situated at Rs 10,850, which is the subsequent location. A bullish Read More
The current price is located below both the 50-day and the 200-day moving averages, which indicates that a negative trend is now prevalent in the market. The MACD shows that there has been a clear bearish crossing, which suggests that there is a possibility that the downward momentum will continue. The Relative Strength Index has Read More
