Guar seed futures declined on the National Commodity and Derivatives Exchange (NCDEX) due to increased supply from producing regions. Learn more about the price drop.
New Delhi, Apr 8 (PTI) Guar seed prices on Monday declined Rs 5 to Rs 5,362 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 April delivery plummeted Rs 5 or 0.09 per cent to Rs 5,362 per 10 quintals with an open interest of 25,705 lots.
Marketmen attributed the downward trend in guar seed prices to increasing supplies from growing regions.
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