Guar seed prices rose by Rs 19.5 to Rs 4,502 per 10 quintal in futures trade Friday as traders widened their bets.
Marketmen said raising of bets by speculators, tracking a firm trend at the spot market on thin supplies from growing belts amid sturdy demand, led to the rise in prices.
On the National Commodity and Derivatives Exchange, guar seed contracts for July rose by Rs 19.5, or 0.44 per cent, to Rs 4,502 per 10 quintal with an open interest of 28,190 lots.
Similarly, guar seed contracts for August hardened by Rs 26, or 0.57 per cent, to Rs 4,585 per 10 quintal with an open interest of 8,330 lots.
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