Latest News | Guar Seed Futures Ease on Low Demand

New Delhi, May 28 (PTI) Guar seed prices on Thursday went down by Rs 2 to Rs 3,540 per 10 quintal in futures trade as speculators reduced their positions amid weak demand in spot market.

On the National Commodity and Derivatives Exchange, guar seed contracts for June delivery was trading down by Rs 2 at Rs 3,540 per 10 quintal with an open interest of 30,260 lots.

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Similarly, for July delivery, the futures prices fell by Rs 6, or 0.17 per cent, to Rs 3,538 per 10 quintal with an open interest of 10,085 lots.

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

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