Guar seed futures decline on low demand

New Delhi, Dec 24 (PTI) Guar seed prices on Thursday eased by Rs 7 to Rs 3,893 per 10 quintal in futures trade.

On the National Commodity and Derivatives Exchange, guar seed contracts for January delivery was trading down by Rs 7, or 0.18 per cent, at Rs 3,893 per 10 quintal with an open interest of 51,810 lots.

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