Guar seed prices rose 0.40 per cent to Rs 3,807 per quintal in futures trading today as participants widened their bets in sync with upbeat physical market cues.
Analysts said investors raised holdings thanks to rising demand in the spot markets due to tight supplies from growing regions amid pick up in offtake by guar gum makers.
At the National Commodity and Derivatives Exchange, guar seed delivery for the most traded second contract June advanced by Rs 15 or 0.40 per cent to Rs 3,807 per quintal, with a business turnover of 68,500 open lots.
Meanwhile, the delivery of the immediate contract May rose by Rs 8.50 or 0.23 per cent to Rs 3,740.50 per quintal, with an open interest of 64,680 lots.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app