Guar Seed futures decline on low demand

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New Delhi, Mar 16 (PTI) Guar seed prices on Tuesday went down by Rs 6 to Rs 3,903 per 10 quintal in futures trade.

On the National Commodity and Derivatives Exchange, guar seed contracts for March delivery was trading at Rs 3,903 down by Rs 6, or 0.15 per cent per 10 quintal with an open interest of 53,110 lots.

For April delivery, the futures prices decreased Rs 9, or 0.23 per cent, to Rs 3,954 per 10 quintal with an open interest of 1,710 lots.

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