Guar seed futures decline on low demand

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New Delhi, Nov 6 (PTI) Guar seed prices on Friday declined by Rs 24 to Rs 4,247 per 10 quintal in futures trade.

On the National Commodity and Derivatives Exchange, guar seed contracts for November delivery was trading down by Rs 24, or 0.56 per cent, at Rs 4,247 per 10 quintal with an open interest of 22,635 lots.

For December delivery, guar seed prices decreased by Rs 26, or 0.6 per cent, to Rs 4,300 per 10 quintal with an open interest of 43,795 lots. Marketmen attributed the downward trend in guar seed prices to increasing supplies from growing regions. PTI SRS RUJ RUJ