Guarseed prices rose by Rs 91 to Rs 4,330 per quintal in futures trading today on the back of firm domestic markets sentiment.
Market analysts said short supply and pick-up in demand at spot markets mainly influenced trading sentiments.
At the National Commodity and Derivatives Exchange, guarseed prices for November delivery shot up by Rs 91, or 2.15 per cent, to Rs 4,330 per quintal, with an open interest of 38,260 lots.
Likewise, its prices for August delivery jumped up by Rs 48, or 1.91%, to Rs 4,464 per quintal, with an open interest of 1,15,840 lots.