Guar Seed futures decline on low demand

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New Delhi, Mar 10 (PTI) Guar seed prices on Wednesday went down by Rs 4 to Rs 3,820 per 10 quintal in futures trade.

On the National Commodity and Derivatives Exchange, guar seed contracts for March delivery was trading at Rs 3,820 down by Rs 4, or 0.1 per cent per 10 quintal with an open interest of 17,910 lots.

For April delivery, the futures prices decreased Rs 5, or 0.13 per cent, to Rs 3,880 per 10 quintal with an open interest of 39,595 lots.

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