Besides, overseas enquiries supported the upside.
Marketmen said speculative positions built up by participants, triggered by strong demand at spot markets agaisnt tight supplies from growing regions, largely influenced guargum prices at futures trade.
At the National Commodity and Derivatives Exchange, guargum prices for delivery in April month contracts climbed by Rs 200 or 2,40 per cent to Rs 8,540 per quintal, with an open interest of 12,107 lots.
Also, May month contracts rose by Rs 200, or 2.36 per cent to Rs 8,670 per quintal, having an open interest of 3,455 lots.