Market Notes: Guar Seed Futures See Price Decrease

Market Notes: Guar Seed Futures See Price Decrease.webp

New Delhi, March 23 Guar seed prices declined by ₹38 to ₹5,414 per quintal in futures trading on Monday due to ample supply.

On the National Commodity and Derivatives Exchange, guar seed contracts for April delivery fell by ₹38, or 0.70%, to ₹5,414 per quintal, with an open interest of 47,175 lots.

Market participants attributed the downward trend in guar seed prices to increasing supply from growing regions.
 
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