Guar seed prices rose by Rs 28 to Rs 3,636 per quintal in futures trade today on expansion holdings by the speculators in line with bullish physical markets trend.
According to market players, pause in arrivals from growing areas, triggered by sturdy buying by guar gum makers in the spot markets, bolstered guar seed futures prices.
At the National Commodity and Derivatives Exchange, guar seed delivery for the most active near contract July spurted by Rs 28, or 0.78 per cent, to Rs 3,636 per quintal, with an open interest of 79,050 lots.
Also, the delivery of the June contract inched higher by Rs 27.50, or 0.77 per cent, to Rs 3,580 per quintal, with an open interest of 22,830 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