Guarseed futures prices shot up by Rs 65 to Rs 2,469 per quintal today, owing to continuous buying by traders on the back of firm spot markets cue.
Marketmen said strong demand from exporters pushed up the guarseed future prices further.
At the National Commodity and Derivatives Exchange platform, guarseed price for the far February contract surged by Rs 65, or 2.70 per cent to Rs 2,469 per quintal, with an open interest of 1,650 lots.
Current month November's contract also hardened by Rs 48, or 2.07 per cent to Rs 2,366 per quintal, with an open interest of 69,130 lots.
Most active December months contract quoted higher by Rs 45, or 1.91 per cent to Rs 2,407 per quintal, with an open interest of 1,62,750 lots.
