Guar Seed Futures Rise on Spot Demand - PTI

By By Rediff Money Desk, New Delhi
Nov 11, 2024 14:02
Guar seed futures prices rose on Monday due to strong spot demand and increased speculative positions. The December contract gained Rs 10 to Rs 5,186 per quintal on NCDEX.
New Delhi, Nov 11 (PTI) Guar seed prices on Monday rose Rs 10 to Rs 5,186 per quintal in the 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 December delivery increased Rs 10 or 0.19 per cent to Rs 5,186 per quintal with an open interest of 46,155 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:
guar seedfuturesncdexspot demandguar seed prices
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

Delhi-NCR 6th...
Delhi-NCR 6th Most Expensive Office Market in...

Delhi-NCR ranks as the 6th most expensive office market in Asia Pacific with a monthly...

Job Scams: Employees Blame Candidates, Report Says

A new report reveals that 75% of employees believe job seekers are partly responsible...

Aditya Ultra...
Aditya Ultra Steel Profit, Solar Plant | Rs...

Aditya Ultra Steel Ltd reported Rs 5.87cr profit in Apr-Sept 2024-25 and announced...

Aditya Birla Group Invests USD 20 Billion, Aims...

Aditya Birla Group, led by KM Birla, invests USD 20 billion to expand its manufacturing...

Okta India Hiring...
Okta India Hiring 200+ Employees: Focus on...

Okta India, an authentication solutions provider, plans to hire over 200 employees in...

Cedar-IBSi...
Cedar-IBSi Capital Invests in Fintech Startups

Cedar-IBSi Capital is investing in 10-15 fintech startups, focusing on companies...

DVC to Supply 559...
DVC to Supply 559 MW to Gujarat: PPA Signed

Damodar Valley Corporation (DVC) signs Power Purchase Agreement (PPA) with Gujarat Urja...

CAG Urges Officers to Adapt to Tech Changes

Comptroller and Auditor General of India (CAG) Girish Chandra Murmu has urged officers...

Areca & Coconut Prices in Mangaluru - Nov 16

Get the latest areca and coconut prices in Mangaluru for November 16th. Find details on...

CBDT Campaign on Undeclared Foreign Assets in ITR

The Income Tax Department has launched a campaign to remind taxpayers to disclose...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2024 Rediff.com