Guar Seed futures decline on low demand

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New Delhi, Feb 11 (PTI) Guar seed prices on Thursday went down by Rs 3 to Rs 3,917 per 10 quintal in futures trade.

On the National Commodity and Derivatives Exchange, guar seed contracts for February delivery was trading at Rs 3,917 down by Rs 3, or 0.08 per cent per 10 quintal with an open interest of 13,450 lots.

For March delivery, the futures prices decreased Rs 6, or 0.15 per cent, to Rs 3,961 per 10 quintal with an open interest of 47,580 lots.

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