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Guarseed futures up Rs 49 per quintal

Press Trust of India  |  New Delhi 

Guarseed prices were higher by Rs 49 to Rs 3,417 per quintal in futures trade today as traders widened their exposure, tracking a firm trend at the physical markets.

Marketmen said the rise in guarseed prices at futures trade was largely in tandem with a firm trend at the physical markets on firm demand.

At the National Commodity and Derivative Exchange, guarseed 10-mt for delivery this month contracts flared up by Rs 49 or 1.45 per cent to Rs 3,417 per quintal with an open interest of 680 lots.

The most-active delivery in November contracts also spurted by Rs 41 or 1.20 per cent to Rs 3,462 per quintal with the business turnover of 83,020 open lots.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, October 19 2016. 12:22 IST