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Gur futures improve on low stocks

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 3:13 AM IST

Gur prices improved marginally by Rs 4.80 or 0.50 per cent to Rs 962.20 per 40 kg in futures trading today on a rising demand and fall in supplies in spot markets. 

Marketmen said reduced arrivals from the manufacturing areas, due to adverse weather conditions against rising demand in physical markets influenced the trading sentiment in futures market.

At the National Commodity and Derivatives Exchange, the gur prices for July contract rose marginally by 4.80 or 0.50 per cent to Rs 962.20 per 40 kg, with an open interest of 15,530 lots.

November contract too moved up by Rs 2.20 or 0.27 per cent to Rs 810 per 40 kg, with an open interest of 2,490 lots.

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First Published: Jun 14 2010 | 1:25 PM IST

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