Commodity Online MUMBAI: Guar seed prices went up on Monday as the traders indulged in buying in accordance with the spot market trend in the futures market. Strong export demand in the wake of receding arrivals push the guar seed futures up.
NCDEX Guar seed April contract has been augmented by Rs 10 per quintal and prices were quoted at Rs 1594 per quintal.
As per market sources, strong buying by guar gum millers and exporters has spurted the physical market prices more than Rs 10 per quintal in today's trading. At Jodhpur mandi, guarseed prices have been trading in the range of Rs 1570-75 per quintal.
