Guar seed prices rose by Rs 21.5 to Rs 4,423 per 10 quintal in futures trade on Monday as participants widened their holdings driven by a firm trend in the spot market.
On the National Commodity and Derivatives Exchange, guar seed contracts for September delivery increased by Rs 21.5, or 0.48 per cent, to Rs 4,423 per 10 quintal with an open interest of 10 lots.
According to marketmen, raising of bets by speculators tracking a firm trend in the spot market on thin supplies from growing regions mainly led to rise in prices here.
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