Guar Seed Futures Decline on Ample Supply
Apr 02, 2024 14:04
Guar seed futures prices fell on Tuesday due to increased supply from producing regions. Learn more about the impact on the market.
Illustration: Dominic Xavier/Rediff.com
New Delhi, Apr 2 (PTI) Guar seed prices on Tuesday declined Rs 7 to Rs 5,198 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 April delivery plummeted Rs 7 or 0.13 per cent to Rs 5,198 per 10 quintals with an open interest of 52,525 lots.
Marketmen attributed the downward trend in guar seed prices to increasing supplies from growing regions.
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