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08/10/2026 14:20

Guar gum futures rise 1.61% on firm spot demand

Guar gum futures rose Rs 228, or 1.61%, to Rs 14,425 per quintal on Thursday, supported by firm demand in the physical market and increased buying by speculators.

On the National Commodity and Derivatives Exchange (NCDEX), the November delivery contract recorded an open interest of 68,280 lots.

Market participants said a firm trend in the spot market encouraged traders to raise their positions, supporting guar gum futures.