Guar seed futures decline on low demand

New Delhi, Mar 19 (PTI) Guar seed prices on Friday fell by Rs 48 to Rs 3,786 per 10 quintal in futures trade.

On the National Commodity and Derivatives Exchange, guar seed contracts for April delivery decreased Rs 48, or 1.25 per cent, to Rs 3,786 per 10 quintal with an open interest of 50085 lots.

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