Guar Seed Futures Prices Rise on Investor Confidence
Guar Seed Futures Gain
New Delhi, March 25 – Guar seed futures prices rose by Rs 29 to Rs 5,463 per quintal in futures trading on Wednesday.The National Commodity and Derivatives Exchange saw guar seed contracts for April delivery increase by Rs 29, representing a 0.53 percent rise. The open interest for these contracts stood at 43,420 lots.
Market participants cited increased investor confidence as a driver behind the price increase in futures trading, despite a reported fall in spot prices.
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