Guar seed futures prices fell on Wednesday due to increased supply from producing regions. The February contract on the National Commodity and Derivatives Exchange dropped Rs 3 to Rs 5,343 per 10 quintals.
New Delhi, Feb 7 (PTI) Guar seed prices on Wednesday declined Rs 3 to Rs 5,343 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 February delivery plummeted Rs 3, or 0.06 per cent, to Rs 5,343 per 10 quintals with an open interest of 34,005 lots.
Marketmen attributed the downward trend in guar seed prices to increasing supplies from growing regions.
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