Guar seed prices came down by Rs 112.50 to Rs 4,010 per quintal in futures trade as selling took place at previous levels by speculators, taking weak cues from the spot markets.
At the National Commodity and Derivatives Exchange, guar seed delivery for this month dipped by Rs 112.50, or 2.73 per cent, to Rs 4,010 per quintal, in an open interest of 290 lots.
Likewise, the contracts for October plummeted by Rs 65, or 1.54 per cent, to Rs 4,151 per quintal, with an open interest of 1,01,460 lots.
Marketmen said, trimming of positions by participants in tandem with a weak trend at the physical markets, influenced the guar seed futures prices.
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