Guar seed futures prices gained on Thursday, driven by increased speculator positions and firm spot market trends. Read more about the rise in guar seed prices.
New Delhi, Jan 25 (PTI) Guar seed prices on Thursday rose Rs 16 to Rs 5,446 per 10 quintals in futures trade after speculators widened their positions following a firm trend in the spot market.
On the National Commodity and Derivatives Exchange, guar seed contracts for February delivery rose Rs 16, or 0.29 per cent, to Rs 5,446 per 10 quintals with an open interest of 66,260 lots.
According to marketmen, speculators raised bets, tracking 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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