Guar Seed Futures Decline on Ample Supply - PTI

New Delhi, Jun 21 (PTI) Guar seed prices on Friday declined Rs 40 to Rs 5,427 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 July delivery plummeted Rs 40 or 0.74 per cent to Rs 5,427 per 10 quintals with an open interest of 50,135 lots.

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