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Gur futures gains on increase buying

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Press Trust of India New Delhi

Gur prices improved by Rs 12.40, or 1.39 per cent, to Rs 904 per quintal in futures trade today on increased buying by traders in line with firm physical market demand. 

Marketmen said less arrivals and pick up in demand in spot markets, mainly led to a rise here in futures prices of gur.

At the National Commodity and Derivatives Exchange, gur for November contract moved up by Rs 12.40, or 1.39 per cent, to Rs 904 per quintal, with an open interest of 21,320 lots.

Current September-month contract also went up by Rs 6.00, or 0.56 per cent, to Rs 1,068 per quintal, with an open interest of 10,060 lots.

 

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First Published: Sep 13 2010 | 1:37 PM IST

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