MUMBAI, Jan 27 (Reuters) - India guar futures rose on Tuesday on improved export demand from China and a firm spot market, analysts said.
"Overall trend remains strong and prices are expected to touch 1,800 rupees levels (per 100 kg) in next couple of months," according to a report by Karvy Comtrade Ltd.
Spot prices rose by 19 rupees to 1,607 rupees per 100 kg in Bikaner, a major trading centre in Rajasthan.
"There is a revival in export demand in the past one month," said Mehul Agrawal, an analyst with Sharekhan Commodities.
Combined open interest of guar seed futures stood at 234,210 tonnes, while volume was at 173,370 tonnes.
Source : REUTERS INDIA