COMMODITY
Guar Seed futures trade lower as stock mounts
Oct-18-2024
Guar Seed futures traded lower on NCDEX, due to curtailed position taking by the market participants tracking mounting of stocks along with the rise in supplies from growing regions. Additionally,  subdued demand outlook in the spot market also fuelled negative trend.

The contract for November delivery was trading at Rs 5,478.00 down by Rs 24.00 or 0.44% from its previous closing of Rs 5,502.00. The open interest of the contract stood at 75 lots.

The contract for December delivery was trading at Rs 5,531.00 down by Rs 4.00 or 0.07% from its previous closing of Rs 5,535.00. The open interest of the contract stood at 53,100 lots on NCDEX.

  RELATED NEWS >>