MUMBAI, March 10 (Reuters) - India guar futures ended higher on hopes of a revival in export demand triggered by a falling rupee, analysts said.
"Weak rupee will help our exports and may support prices," said an analyst with a Mumbai-based brokerage.
The Indian rupee has shed about 5 percent so far during the year, and hit a record low of 52.20 per dollar last week, making Indian offerings attractive in dollar-based global trade.
India controls about 80 percent of the worldwide market for guar products, according to the government trade promotion council for the commodity.
Following are the closing prices of guar seed and guar gum futures in rupees per 100 kg on the NCDEX
Source : REUTERS INDIA