Stable Trading Reflects Equilibrium in Physical Market
New Delhi, February 16: Guar seed prices remained stable in futures trading on Monday, supported by consistent demand and adequate supplies in the physical market.On the National Commodity and Derivatives Exchange, guar seed contracts for March delivery were unchanged at ₹5,413 per quintal. The open interest for the contract stood at 60,455 lots, indicating steady participation from market players.
Balanced Supply-Demand Keeps Prices in Narrow Range
Market observers noted that the absence of fresh cues from spot markets contributed to the subdued movement in guar seed futures. With demand and supply conditions remaining balanced, prices continued to trade within a stable range without significant volatility.The steady trend in futures reflects the current equilibrium in the physical market, where neither strong buying momentum nor supply constraints are exerting pressure on prices.
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