Guar Seed Futures Decline on Ample Supply - PTI
Feb 29, 2024 15:33
Guar seed futures prices fell on the National Commodity and Derivatives Exchange due to increased supply from producing regions, according to PTI.
New Delhi, Feb 29 (PTI) Guar seed prices on Thursday declined Rs 43 to Rs 5,313 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 February delivery plummeted Rs 43, or 0.81 per cent, to Rs 5,313 per 10 quintals with an open interest of 54,430 lots.
Marketmen attributed the downward trend in guar seed prices to increasing supplies from growing regions.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.