India, June 11 -- Guar seed futures traded lower on Thursday, pressured by abundant market supplies and subdued buying interest.
On the National Commodity and Derivatives Exchange (NCDEX), June delivery contracts slipped by Rs 26, or 0.44 per cent, to Rs 5,905 per quintal. The contract recorded an open interest of 19,265 lots.
In the previous session, guar seed futures had settled at Rs 5,931 per quintal. Market participants attributed the decline in prices to comfortable supply levels in the physical market, which continued to weigh on sentiment.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....