Guar seed futures prices climbed on Tuesday due to increased speculator positions and a strong spot market. Learn more about the factors driving this trend.
New Delhi, Sep 17 (PTI) Guar seed prices on Tuesday rose Rs 9 to Rs 5,517 per quintal in futures trade after speculators widened their positions amid a firm trend in the spot market.
On the National Commodity and Derivatives Exchange, guar seed contracts for October delivery grew Rs 9 or 0.16 per cent to Rs 5,517 per quintal with an open interest of 49,250 lots.
According to marketmen, speculators raised bets, a firm trend in the spot market and thin supplies from growing belts mainly led to the rise in guar seed prices.
Home » Market News » Guar Seed Futures Rise on Spot Demand - PTI
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