Guar seed futures gain on spot demand
On the National Commodity and Derivatives Exchange, guar seed for February contracts rose by Rs 12, or 0.32 per cent, to Rs 3,818 per 10 quintal with an open interest of 73,290 lots.
Similarly, guar seed for March delivery gained Rs 8, or 0.21 per cent, to Rs 3,850 per 10 quintal with an open interest of 8,860 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 rise in guar seed prices here. VHP SHWSHW