Guar Seed Futures Rise: Higher Bets Fuel Price Increase
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Guar seed futures climb on increased investor confidence. March contracts up Rs 24 to Rs 5,416/quintal on NCDEX. Learn more!
New Delhi, Feb 17 (PTI) Guar seed prices on Tuesday rose Rs 24 to Rs 5,416 per quintal in futures trade amid higher bets by investors.
On the National Commodity and Derivatives Exchange, guar seed contracts for March delivery climbed by Rs 24 or 0.45 per cent to Rs 5,416 per quintal with an open interest of 61,250 lots. It had settled at Rs 5,392 per quintal in the previous session.
Marketmen said higher bets by investors despite a fall in spot prices supported guar seed prices in futures trade. PTI HG HG ANU
ANU
On the National Commodity and Derivatives Exchange, guar seed contracts for March delivery climbed by Rs 24 or 0.45 per cent to Rs 5,416 per quintal with an open interest of 61,250 lots. It had settled at Rs 5,392 per quintal in the previous session.
Marketmen said higher bets by investors despite a fall in spot prices supported guar seed prices in futures trade. PTI HG HG ANU
ANU
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