Guar seed futures decline amid ample supplies

Guar seed futures decline amid ample supplies

New Delhi, Nov 22 (PTI) Guar seed prices on Wednesday declined Rs 104 to Rs 5,705 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 December delivery plummeted Rs 104 or 1.82 per cent to Rs 5,705 per 10 quintals with an open interest of 75,535 lots.

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

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