Guar gum futures moved higher on Monday as traders increased their positions amid firm demand in the physical market.
On the National Commodity and Derivatives Exchange (NCDEX), guar gum contracts for June delivery rose by Rs 47, or 0.41%, to Rs 11,352 per quintal, with open interest at 67,180 lots.
Analysts said positive sentiment in the spot market and fresh buying by traders supported the upward movement in guar gum prices.