Guar seed futures prices fell on the National Commodity and Derivatives Exchange due to increased supply from producing regions.
New Delhi, Jan 5 (PTI) Guar seed prices on Friday declined Rs 27 to Rs 5,342 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 27 or 0.51 per cent to Rs 5,342 per 10 quintals with an open interest of 32,985 lots.
Marketmen attributed the downward trend in guar seed prices to increasing supplies from growing regions.
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