Guar Seed Futures Decline on Ample Supply

Jan 10, 2024 15:58

Guar seed futures prices fell on Wednesday due to increased supply from producing regions, according to the National Commodity and Derivatives Exchange.

New Delhi, Jan 10 (PTI) Guar seed prices on Wednesday declined Rs 9 to Rs 5,414 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 January delivery plummeted Rs 9 or 0.17 per cent to Rs 5,414 per 10 quintals with an open interest of 18,285 lots.

Marketmen attributed the downward trend in guar seed prices to increasing supplies from growing regions.

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Guar Seed Futures Decline on Ample Supply

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