Guar Seed Futures Rise on Spot Demand - PTI
Guar seed futures prices rose on the National Commodity and Derivatives Exchange (NCDEX) due to firm spot demand and speculator activity. Learn more about the latest guar seed market trends.
New Delhi, Feb 13 (PTI) Guar seed prices on Thursday rose Rs 14 to Rs 5,332 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 March delivery increased Rs 14 or 0.26 per cent to Rs 5,332 per quintal with an open interest of 59,725 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.
On the National Commodity and Derivatives Exchange, guar seed contracts for March delivery increased Rs 14 or 0.26 per cent to Rs 5,332 per quintal with an open interest of 59,725 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.
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