Guar seed futures rise on spot demand

• Guar seed futures up Rs 51 to Rs 5,573/quintal.
• February contracts see 0.92% rise on NCDEX.
• Higher investor bets support futures despite spot fall.

New Delhi, Jan 9 (PTI) Guar seed prices on Friday jumped by Rs 51 to Rs 5,573 per quintal in futures trade amid higher bets by investors.

On the National Commodity and Derivatives Exchange, guar seed contracts

for February delivery climbed by Rs 51 or 0.92 per cent to Rs 5,573 per quintal with an open interest of 57,940 lots.

Marketmen said higher bets by investors despite a fall in spot prices supported guar seed prices in futures trade. PTI DR DR ANU

ANU