Guar Seed futures decline on low demand

NEW DELHI: Guar seed prices on Monday went down by Rs 175 to Rs 5,800 per 10 quintal in futures trade.

On the National Commodity and Derivatives Exchange, guar seed contracts for September delivery was trading at Rs 5,800 down by Rs 175, or 2.83 per cent per 10 quintal with an open interest of 2,815 lots.

Marketmen attributed the downward trend in guar seed prices to increasing supplies from growing regions.

News

Articles You May Like

Stellantis and Aston Martin shares drop sharply after profit warnings amid China woes
EUR/USD churns in familiar territory ahead of EU inflation print
Euro Recovers Despite Soft German Inflation Data, AUD/JPY in Focus for Upcoming Session
Japan top FX diplomat says yen shorts that had been built up until July have been unwound
Gold or equities: Which investment could benefit you more, this festive season?

Leave a Reply

Your email address will not be published. Required fields are marked *