India guar futures end tad higher on demand

MUMBAI, Oct 13 (Reuters) - Indian guar futures ended a tad higher after mostly trading range-bound on Monday as higher arrivals in the physical market were offset by demand from stockists, analysts said.

Combined arrivals at major centres were seen in the range of 15,000-17,000 bags of 100 kg each by afternoon, a trader in Sriganganagar said.

Spot prices rose by 3 rupees to 1,651 rupees in Bikaner, another trading centre.

Combined open interest stood at 236,560 tonnes, while volume was at 112,720 tonnes.

Following are the closing prices of guar seed and gum futures in rupees per 100 kg on the NCDEX <0#NGU:>.

Contract Reuters code Closing price Change in %

=====================================================

Guar seed

Nov NGUX8 1,687 0.24