New Delhi, Apr 6 (PTI) Guar seed prices on Wednesday rose by Rs 107 to Rs 6,570 per 10 quintals 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 April contracts increased by Rs 107 or 1.63 per cent to Rs 6,570 per 10 quintals with an open interest of 29,645 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 here. PTI SHW RUJ RUJ
