Guar seed futures rise on contemporary bets

NEW DELHI: Guar seed prices on Thursday rose by Rs 53 to Rs 4,341 per 10 quintal in futures commerce after speculators elevated their positions pushed by a agency development at spot market.

On the National Commodity and Derivatives Exchange, guar seed for August contracts elevated by Rs 53, or 1.24 per cent, to Rs 4,341 per 10 quintal with an open curiosity of 56,925 heaps.

In response to marketmen, elevating of bets by speculators monitoring a agency development in spot market on skinny provides from rising belts primarily led to rise in guar seed costs right here.

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