Guar seed futures rise on fresh bets
On the National Commodity and Derivatives Exchange, guar seed for September contracts increased by Rs 237, or 3.99 per cent, to Rs 6,181 per 10 quintal with an open interest of 13,255 lots.
By PTI |
Agencies
NEW DELHI: Guar seed prices on Wednesday rose by Rs 237 to Rs 6,181 per 10 quintal in futures trade after speculators increased their positions driven by a firm trend at spot market.
On the National Commodity and Derivatives Exchange, guar seed for September contracts increased by Rs 237, or 3.99 per cent, to Rs 6,181 per 10 quintal with an open interest of 13,255 lots.
According to marketmen, raising of bets by speculators tracking a firm trend in spot market on thin supplies from growing belts mainly led to rise in guar seed prices here.
On the National Commodity and Derivatives Exchange, guar seed for September contracts increased by Rs 237, or 3.99 per cent, to Rs 6,181 per 10 quintal with an open interest of 13,255 lots.
According to marketmen, raising of bets by speculators tracking a firm trend in spot market on thin supplies from growing belts mainly led to rise in guar seed prices here.
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