Market Notes: Guar Seed Futures See Price Decrease

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Guar Seed Prices Decline Amidst Rising Supply​

New Delhi, March 23 – Guar seed prices experienced a decline in futures trading on Monday, with the commodity falling by ₹38 per quintal to ₹5,414.

Guar Seed Futures Drop​

Guar seed contracts for April delivery on the National Commodity and Derivatives Exchange (NCDEX) decreased by ₹38, representing a 0.70% reduction. The open interest for these contracts stood at 47,175 lots.

Market Factors​

Market participants cited increasing supply from growing regions as the primary driver behind the downward trend in guar seed prices.
 

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commodity prices futures trading guar guar seed india new delhi supply and demand

Editorial Note

This news article was written and created by Himanshu, and published on IST.
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