Guar seed futures decline amid ample supplies
On the National Commodity and Derivatives Exchange, guar seed contracts for July delivery fell Rs 30 or 0.52 per cent to Rs 5,718 per 10 quintals with an open interest of 135 lots.
Guar seed prices on Tuesday declined Rs 30 to Rs 5,718 per 10 quintals in the futures trade amid an increase in supply from producing regions.
On the National Commodity and Derivatives Exchange, guar seed contracts for July delivery fell Rs 30 or 0.52 per cent to Rs 5,718 per 10 quintals with an open interest of 135 lots.
Marketmen attributed the downward trend in guar seed prices to increasing supplies from growing regions.
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