New Delhi, Mar 3 (PTI) Guar seed prices on Thursday rose by Rs 68 to Rs 6,024 per 10 quintal in the futures trade after speculators increased their positions driven by a firm trend at spot market.
On the National Commodity and Derivatives Exchange, guar seed for March contracts increased by Rs 68 or 1.14 per cent to Rs 6,024 per 10 quintal with an open interest of 42,690 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 SHW SHW
