Guar Seed Futures Fall: Ample Supplies Pressure Prices
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Guar seed futures decline on ample supplies. December contracts fall Rs 23 to Rs 4,730/quintal. Marketmen cite increasing supplies from growing regions.
New Delhi, Nov 17 (PTI) Guar seed prices on Monday declined Rs 23 to Rs 4,730 per quintal in futures trade amid ample supplies.
On the National Commodity and Derivatives Exchange, guar seed contracts for December delivery fell Rs 23 or 0.49 per cent to Rs 4,730 per quintal with an open interest of 54,405 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 December delivery fell Rs 23 or 0.49 per cent to Rs 4,730 per quintal with an open interest of 54,405 lots.
Marketmen attributed the downward trend in guar seed prices to increasing supplies from growing regions.
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