Guar seed futures decline amid ample supplies

Guar seed futures decline amid ample supplies

New Delhi, Nov 7 (PTI) Guar seed prices on Tuesday declined by Rs 18 to Rs 5,692 per 10 quintals in the futures trade amid an increase in supply from producing regions.

On the National Commodity and Derivatives Exchange, guar seed contracts for November delivery fell Rs 18 or 0.32 per cent to Rs 5,692 per 10 quintals with an open interest of 30,215 lots.

Marketmen attributed the downward trend in guar seed prices to increasing supplies from growing regions. PTI SGC DRR

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