Guar Seed Futures Rise on Spot Demand - PTI

By By Rediff Money Desk, New Delhi
Oct 16, 2024 13:18
Guar seed futures prices on Wednesday rose by Rs 20 to Rs 5,556 per quintal in futures trade due to speculators and a firm trend in the spot market.
New Delhi, Oct 16 (PTI) Guar seed prices on Wednesday rose Rs 20 to Rs 5,556 per quintal in futures trade after speculators widened their positions amid a firm trend in the spot market.

On the National Commodity and Derivatives Exchange, guar seed contracts for November delivery grew by Rs 20 or 0.36 per cent to Rs 5,556 per quintal with an open interest of 51,751 lots.

According to marketmen, speculators raising bets, a firm trend in the spot market and thin supplies from growing belts mainly led to the rise in guar seed prices.
Source: PTI
Read More On:
pricesguar seedfuturesspot marketcommodity
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.

You May Like To Read

MORE NEWS

Lodha & MRG Group: Gurugram Projects, Rs 3600...

Lodha Developers partners with MRG Group to develop two projects in Gurugram with Rs...

AI Regulation: Govt Favors Existing Laws

Government prefers using existing laws like DPDP Act for AI regulation, focusing on...

Crude Oil Futures Decline on Weak Spot Demand

Crude oil futures fell on MCX due to weak spot demand. January delivery down Rs 2....

Bullion Rates Today: Gold & Silver Prices

Check today's opening bullion rates in Chennai. Gold (22K, 18K) and silver prices per...

B Sairam Appointed Coal India CMD

B Sairam assumes charge as Chairman and Managing Director of Coal India Limited (CIL)....

Google AI Push: Funding for Health & Agriculture

Google commits millions to India AI Centers for health, agriculture, education, and...

Indian Investors Diversifying into Global Markets

Indian investors are increasingly diversifying into US equities, ETFs, private markets,...

AI Stewardship Needed: IBM India MD

IBM India MD Sandip Patel calls for AI stewardship over hype, emphasizing safety,...

Gates Foundation Appoints Archna Vyas as India...

Archna Vyas appointed as India Country Director for the Gates Foundation, the first...

Rupee Hits Record Low: Breaches 91 Against USD

Rupee weakens to over 91 against the US dollar for the first time. FII outflows and...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com