New Delhi, Mar 23 (PTI) Guar seed prices on Wednesday rose by Rs 34 to Rs 6,172 per 10 quintals 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 34 or 0.55 per cent to Rs 6,172 per 10 quintals with an open interest of 68,110 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 RUJ SHW SHW
