New Delhi, April 6 Guar seed prices declined by Rs 13 to Rs 5,812 per quintal in futures trading on Monday, due to an oversupply.
On the National Commodity and Derivatives Exchange, guar seed contracts for May delivery fell by Rs 13, or 0.22 percent, to Rs 5,812 per quintal, with an open interest of 43,570 lots.
Market participants attributed the decline in guar seed prices to the increasing supply from growing regions.