Guar Seed Futures Rise on Spot Demand - PTI

New Delhi, Nov 22 (PTI) Guar seed prices on Friday marginally rose Re 1 to Rs 5,209 per quintal in the 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 December delivery marginally increased Re 1 or 0.02 per cent to Rs 5,209 per quintal with an open interest of 53,045 lots.

According to marketmen, speculators raising bets, a firm trend in the spot market and thin supplies from growing belts mainly led to the rise in guar seed prices.