New Delhi, Feb 4 (PTI) Guar seed prices on Friday rose by Rs 53 to Rs 6,315 per 10 quintal in futures trade after speculators increased their positions driven by a firm trend in spot market.
On the National Commodity and Derivatives Exchange, guar seed for February contracts increased by Rs 53, or 0.85 per cent, to Rs 6,315 per 10 quintal with an open interest of 39,080 lots.
According to marketmen, raising of bets by speculators tracking a firm trend in spot market on thin supplies from growing belts mainly led to the rise in guar seed prices here. PTI SRS RUJ RUJ
