Guar Seed Futures Rise on Spot Demand - PTI
x
Guar seed futures prices climbed on Tuesday, driven by speculators and a firm trend in the spot market. Learn more about the guar seed market.
New Delhi, May 13 (PTI) Guar seed prices on Tuesday climbed Rs 18 to Rs 5,127 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 June delivery increased Rs 18 or 0.35 per cent to Rs 5,127 per quintal with an open interest of 53,300 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 June delivery increased Rs 18 or 0.35 per cent to Rs 5,127 per quintal with an open interest of 53,300 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.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- NTPC
- 330.60 ( -0.93)
- 97490956
- Vodafone Idea L
- 6.87 (+ 4.89)
- 80402624
- Sharanam Infra
- 0.39 ( -4.88)
- 58299215
- Remedium Lifecare
- 0.84 ( -4.55)
- 31319171
- Sunshine Capital
- 0.35 ( -2.78)
- 23732267