Guarseed futures decline on ample supplies in the spot market

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On the NCDEX, guar seed for delivery in February declined by Rs 119, or 1.97 per cent, to Rs 5,914 per 10 quintal.

New Delhi. Guar seed prices on Wednesday declined by Rs 119 to Rs 5,914 per 10 quintal in futures trade amid increased supplies from producing belts in the spot market. On the NCDEX, guar seed for delivery in February declined by Rs 119, or 1.97 per cent, to Rs 5,914 per 10 quintal.

There was a turnover of 70,290 lots. Marketmen said increased supplies from producing belts in the spot market led to fall in guar seed futures.

Disclaimer:Prabhasakshi has not edited this news. This news has been published from PTI-language feed.



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