Guar gum futures prices surged on the National Commodity and Derivatives Exchange due to firm spot demand and increased speculation. Learn more about the market trends.

The Guar Gum market, valued at approximately USD 651.5 million in 2022, has witnessed significant growth and is poised for further expansion. With a projected Compound Annual Growth Rate (CAGR) of ...

On the National Commodity and Derivatives Exchange, guar gum contracts for June delivery traded higher by 1.57 percent, or Rs 86, to Rs 5,575 per five quintal with an open interest of 12,625 lots.

Guar gum futures prices fell on Wednesday due to weak demand and ample supplies, according to PTI. Traders offloaded holdings, resulting in a decline of Rs 102 per quintal.