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Guar Seed futures decline on low demand

New Delhi,   Guar seed prices on Friday went down by Rs 10 to Rs 4,030 per 10 quintal in futures trade.

On the National Commodity and Derivatives Exchange, guar seed contracts for June delivery was trading at Rs 4,030 down by Rs 10, or 0.25 per cent per 10 quintal with an open interest of 11,775 lots.

For July delivery, the futures prices were flat at Rs 4,114 per 10 quintal with an open interest of 46,345 lots.

Marketmen attributed the downward trend in guar seed prices to increasing supplies from growing regions. PTI