New Delhi, Mar 14 (PTI) Guar gum prices rose by Rs 95 to Rs 9,145 per quintal in futures trading today on widening of bets by operators supported by rising prices in physical markets on robust export demand.
Market players attributed the uptrend to firm export demand for oil drilling industries.
Besides, depreciation in rupee against US dollar supported rise in guar gum prices, they said.
At the National Commodity and Derivative Exchange, guar gum delivery for March month posted further gains of Rs 95 or 1.05 per cent at Rs 9,145 per quintal, having an open interest of 795 lots.
Meanwhile, delivery for the most active April month contract gained Rs 49 or 0.53 per cent to Rs 9,244 per quintal in an open interest of 65,305 lots.
This is published unedited from the PTI feed.