mandi bhav of india

- Advertisement -

Guar Seed futures decline on low demand

Guar seed prices on Tuesday went down by Rs 10 to Rs 4,073 per 10 quintal in futures trade.

On the National Commodity and Derivatives Exchange, guar seed contracts for September delivery was trading at Rs 4,073 down by Rs 10, or 0.24 per cent per 10 quintal with an open interest of 23,930 lots.

Likewise, for October delivery, the futures prices decreased Rs 11, or 0.27 per cent, to Rs 4,102 per 10 quintal with an open interest of 24,710 lots.

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