Guar Seed futures decline on low demand
Marketmen attributed the downward trend in guar seed prices to increasing supplies from growing regions.
By PTI |
Agencies
New Delhi: Guar seed prices on Tuesday went down by Rs 17 to Rs 4,078 per 10 quintal in futures trade.
On the National Commodity and Derivatives Exchange, guar seed contracts for October delivery was trading at Rs 4,078 down by Rs 17, or 0.42 per cent per 10 quintal with an open interest of 23,205 lots.
Likewise, for November delivery, the futures prices decreased Rs 15, or 0.37 per cent, to Rs 4,085 per 10 quintal with an open interest of 34,035 lots.
Marketmen attributed the downward trend in guar seed prices to increasing supplies from growing regions.
On the National Commodity and Derivatives Exchange, guar seed contracts for October delivery was trading at Rs 4,078 down by Rs 17, or 0.42 per cent per 10 quintal with an open interest of 23,205 lots.
Likewise, for November delivery, the futures prices decreased Rs 15, or 0.37 per cent, to Rs 4,085 per 10 quintal with an open interest of 34,035 lots.
Marketmen attributed the downward trend in guar seed prices to increasing supplies from growing regions.
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