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Guar Seed futures decline on low demand

New Delhi, Guar seed prices on Monday went down by Rs 123 to Rs 5,739 per 10 quintal in futures trade.

On the National Commodity and Derivatives Exchange, guar seed contracts for October delivery was trading at Rs 5,739, down by Rs 123, or 2.1 per cent per 10 quintal with an open interest of 29,340 lots.

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