Guar Seed Futures Rise on Spot Demand - PTI

New Delhi, Apr 1 (PTI) Guar seed prices on Tuesday climbed Rs 15 to Rs 5,390 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 May delivery increased Rs 15 or 0.28 per cent to Rs 5,390 per quintal with an open interest of 30,375 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.