Last Updated : March 15, 2010 13:30
Guar seed weak on lacklustre global market
Spot prices at major mandis were quoted at steady to marginally lower rates tracking futures. Guar futures traded in bearish manner since the beginning of the session and settled lower on Saturday.
Lacklustre demand from the overseas is keeping the Guar prices down. Guar gum prices in the international market are also remaining steady over a couple of days.
In NCDEX-accredited warehouses stock of
Guar Seed stands at 28996 tonnes and Guar gum at 35419 MT as on 12th March, 2010. Spread between March and April contract is Rs.19.
Courtesy: Angel Commodities
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