Guargum prices flared up by Rs 151 to Rs 13,810 per quintal in futures trade today due to increased buying in line with a firm spot market sentient.
Marketmen said tracking higher domestic spot market trend, traders indulged in building up positions in futures trade.
At the National Commodity and Derivatives Exchange, September guargum gained by Rs 151, or 1.11 per cent to Rs 13,810 per quintal, witnessing an open interest of 11,910 lots.
The November contract also went down by Rs 171, or 1.27 per cent to Rs 13,600 per quintal in an open interest of 6,770 lots.
