Guar Seed Futures Rise: Higher Bets Drive Prices
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Guar seed futures jump on increased investor interest. June contracts rise on the NCDEX despite spot price dip. Learn more!
New Delhi, May 20 (PTI) Guar seed prices on Wednesday rose by Rs 143 to Rs 5,843 per quintal in futures trade amid higher bets by investors.
On the National Commodity and Derivatives Exchange, guar seed contracts for June delivery rose by Rs 143, or 2.45 per cent, to Rs 5,843 per quintal with an open interest of 59,780 lots.
Marketmen said higher bets by investors, despite a fall in spot prices, supported guar seed prices in futures trade.
On the National Commodity and Derivatives Exchange, guar seed contracts for June delivery rose by Rs 143, or 2.45 per cent, to Rs 5,843 per quintal with an open interest of 59,780 lots.
Marketmen said higher bets by investors, despite a fall in spot prices, supported guar seed prices in futures trade.
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