Guar seed futures prices rose on the National Commodity and Derivatives Exchange, driven by strong spot demand and tight supplies. Read more on the price increase.
New Delhi, Feb 15 (PTI) Guar seed prices on Thursday rose Rs 45 to Rs 5,299 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 March delivery rose Rs 45, or 0.85 per cent, to Rs 5,299 per 10 quintals with an open interest of 83,760 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 Surge on Spot Demand - PTI
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