Guar seed futures ease on low demand

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Press Trust of India New Delhi
Last Updated : May 03 2019 | 3:00 PM IST

Guar seed prices fell by 50 paise to Rs 4,449 per 10 quintal in futures trade Friday on trimming of bets by traders in line with subdued physical markets lead.

Marketmen said guar seed futures declined due to soaring stock on continuous supplies from growing belts.

On the National Commodity and Derivatives Exchange, guar seed delivery for June contracts declined by 50 paise, or 0.01 per cent, to Rs 4,449 per 10 quintal with an open interest of 22,450 lots.

The delivery for July contracts softened by Rs 4, or 0.09 per cent, to Rs 4,512 per 10 quintal in an open interest of 2,400 lots.

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First Published: May 03 2019 | 3:00 PM IST

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