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Guar seed futures drop amid ample supplies in growing regions
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News18•13-10-2026, 14:30
Guar seed futures drop amid ample supplies in growing regions
- •Guar seed prices fell by Rs 86 to Rs 7,819 per quintal in futures trade due to ample supplies.
- •November delivery contracts on the National Commodity and Derivatives Exchange dropped by 1.09 per cent.
- •Open interest for the guar seed contracts stood at 79,420 lots.
- •Market experts attribute the downward trend to increasing supplies from major growing regions.
Key Questions Answered
Guar seed futures declined due to increasing supplies coming from various growing regions.
November delivery contracts on the National Commodity and Derivatives Exchange fell by Rs 86, or 1.09 per cent, to close at Rs 7,819 per quintal.
The open interest for the November delivery guar seed contracts stood at 79,420 lots.