Guar Seed Futures Decline on Ample Supply
Guar seed futures prices fell on the National Commodity and Derivatives Exchange due to increased supply from producing regions.
New Delhi, Jan 18 (PTI) Guar seed prices on Thursday declined Rs 10 to Rs 5,450 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 10 or 0.18 per cent to Rs 5,450 per 10 quintals with an open interest of 925 lots.
Marketmen attributed the downward trend in guar seed prices to increasing supplies from growing regions.
On the National Commodity and Derivatives Exchange, guar seed contracts for January delivery plummeted Rs 10 or 0.18 per cent to Rs 5,450 per 10 quintals with an open interest of 925 lots.
Marketmen attributed the downward trend in guar seed prices to increasing supplies from growing regions.
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