Guarseed prices were down by Rs 34 to Rs 3,956 per quintal in futures trading today on profit booking by speculators amid a weak trend at the spot markets.
At the National Commodity and Derivative Exchange, guarseed for delivery in November month contract declined by Rs 34, or 0.85 per cent to Rs 3,956 per quintal, with an open interest of 10,580 lots.
Also, guarseed for delivery in far-month October dropped by Rs 27, or 0.69 per cent to Rs 3,906 per quintal, having an open interest of 1,03,200 lots.
Marketmen said offlaoding of participants at existing levels amid a weak trend at the domestic spot markets on increased arrivals from growing regions, mainly weighed on guarseed prices at futures trade here.
