Guar seed futures decline on low demand

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New Delhi, Feb 4 (PTI) Guar seed prices on Thursday fell by Rs 13 to Rs 3,903 per 10 quintal in futures trade.

On the National Commodity and Derivatives Exchange, guar seed contracts for February delivery was trading down by Rs 13, or 0.33 per cent, at Rs 3,903 per 10 quintal with an open interest of 34,630 lots.

For March delivery, guar seed prices decreased Rs 14, or 0.35 per cent, to Rs 3,947 per 10 quintal with an open interest of 26,430 lots. Marketmen attributed the downward trend in guar seed prices to increasing supplies from growing regions. PTI SRS RUJ RUJ