New Delhi, Apr 20 (PTI) Guar seed prices on Wednesday rose by Rs 64 to Rs 6,285 per 10 quintals in the futures trade after speculators increased their positions driven by a firm trend in spot market.
On the National Commodity and Derivatives Exchange, guar seed contracts for April delivery increased by Rs 64 or 1.03 per cent to Rs 6,285 per 10 quintals with an open interest of 1,500 lots.
According to marketmen, raising of bets by speculators tracking a firm trend in spot market and thin supplies from growing belts mainly led to the rise in guar seed prices. PTI RUJ AJ AJ
