Guar gum futures up on rising demand

New Delhi: Guar gum prices rose by Rs 28 to Rs 8,939 per 5 quintal in futures trade Thursday amid upbeat export demand at the physical markets.

At the National Commodity and Derivatives Exchange, guar gum for delivery in June traded higher by Rs 28, or 0.31 per cent, at Rs 8,939 per 5 quintal, showing an open interest of 24,480 lots.

The delivery for May was also up by Rs 24, or 0.27 per cent, to Rs 8,800 per 5 quintal, mirroring an open interest of 47,975 lots.