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Guar Seed futures decline on low demand

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New Delhi: Guar seed price ranges on Wednesday went down simply by Rs 11 to Rs 4,120 per 10 quintal in futures trade. On the National Commodity plus Derivatives Exchange, guar seedling contracts for September shipping was trading at Rs 4,120 down simply by Rs 11, or zero.27 per cent per 10 quintal with an open curiosity of 5,355 loads.

Likewise, for October shipping, the futures prices diminished Rs 23, or zero.57 per cent, to Rs 4,045 per 10 quintal with an open curiosity of 42,290 loads.

Marketmen attributed the particular downward trend in guar seed prices to raising supplies from growing districts.

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