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Guar Seed Futures Decline on Ample Supply

New Delhi,  Guar seed prices on Monday declined Rs 5 to Rs 5,250 per quintal in the futures trade amid an increase in supply from producing regions.

On the National Commodity and Derivatives Exchange, guar seed contracts for August delivery fell Rs 5 or 0.10 per cent to Rs 5,250 per quintal with an open interest of 11,545 lots.

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

 

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