Guar seed prices on Tuesday rose

New Delhi, Guar seed prices on Tuesday rose Rs 3.5 to Rs 4,292 per 10 quintal in futures trade as participants built their positions driven by a firm trend at spot market.

On the National Commodity and Derivatives Exchange, guar seed contracts for November traded higher by Rs 3.5, or 0.08 per cent, to Rs 4,292 per 10 quintal with an open interest of 9,610 lots.

According to marketmen, raising of bets by speculators tracking a firm trend at spot market amid thin supplies from growing belts mainly led to rise in prices here