guar: Guar Seed futures decline on low demand

NEW DELHI: Guar seed prices on Thursday went down by Rs 127 to Rs 6,202 per 10 quintal in futures trade.

On the National Commodity and Derivatives Exchange, guar seed contracts for September delivery was trading at Rs 6,202 down by Rs 127, or 2.01 per cent per 10 quintal with an open interest of 4,700 lots.

Marketmen attributed the downward trend in guar seed prices to increasing supplies from growing regions.

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