Guar gum prices on Friday gained Rs 46 to Rs 7,075 per five quintal in futures trade as investors increased their holdings on spot demand.
Analysts said tracking firm physical market trend traders raised their bets which led to rise in guar gum prices.
On the National Commodity and Derivatives Exchange, guar gum delivery for February contracts gained 0.65 per cent, or Rs 46, to Rs 7,075 per five quintal with an open interest of 25,775 lots.
Likewise, the delivery of March surged by Rs 45, or 0.63 per cent, to Rs 7,163 per five quintal as open interest stood at 40,585 lots.
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