Guar seed trades flat in futures trade

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New Delhi, Feb 16 (PTI) Guar seed prices on Tuesday traded flat at Rs 3,896 per 10 quintal in futures trade.

On the National Commodity and Derivatives Exchange, guar seed contracts for February delivery was trading at Rs 3,896 per 10 quintal with an open interest of 3,500 lots.

For March delivery, the futures prices decreased Rs 9, or 0.23 per cent, to Rs 3,933 per 10 quintal with an open interest of 54,710 lots.

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