Jodhpur, July 1 (Commoditiescontrol) Guar seed and gum prices were down in the physical markets on Monday amid selling pressure and weaker futures. Guar seed and gum futures tumbled amid expectations of higher area under guar crop this year.
As per the market sources, the average price range for guar seed in auctions was quoted at Rs 5000-5150 per quintal.
In all paid, guar seed prices were quoted a little lower at Rs 5300 per quintal. Guar gum prices were quoted flat at Rs 10,300 per quintal in the benchmark market of Jodhpur. Arrivals were 8700 bags.
Guar seed prices were down by Rs 50 per quintal while guar gum prices slipped Rs 150 per quintal in the physical market.
Guar gum futures for delivery in July ended Rs 150 or 1.45 % down at Rs 10,228 per quintal on the NCDEX while the low and high of the session were Rs 10,226 and Rs 10,341 respectively.
Guar seed futures for delivery in July settled Rs 61 or 1.14% up at Rs 5,285 per quintal on the NCDEX while low and high of the session were Rs 5,275 and Rs 5,326 respectively.
GuarSeed contract for JUL delivery settled at Rs 5282/quintal showing an fall of Rs -64 over previous close of Rs 5346/quintal,The contract moved in the range of Rs 5275-5326 for the day. Open interest decreased by -310 MT to 38895 MT, while trading volume decreased by -1585 to 11650 MT.
GuarSeed contract for AUG delivery settled at Rs 5345/quintal showing an fall of Rs -69 over previous close of Rs 5414/quintal,The contract moved in the range of Rs 5342-5398 for the day. Open interest increased by 2070 MT to 22440 MT, while trading volume increased by 3330 to 11425 MT.
Currently The spread between JUL and AUG contract is -63 Rs/quintal.
GUARSEED stock in NCDEX accredited warehouse as on 01-Jul-2024, was 20482 MT
GuarGum contract for JUL delivery settled at Rs 10240/quintal showing an fall of Rs -138 over previous close of Rs 10378/quintal,The contract moved in the range of Rs 10226-10341 for the day. Open interest decreased by -1285 MT to 28140 MT, while trading volume decreased by -5795 to 3945 MT.
GuarGum contract for AUG delivery settled at Rs 10401/quintal showing an fall of Rs -122 over previous close of Rs 10523/quintal,The contract moved in the range of Rs 10380-10486 for the day. Open interest increased by 1130 MT to 26950 MT, while trading volume decreased by -5080 to 4295 MT.
Currently The spread between JUL and AUG contract is -161 Rs/quintal.
GuarGum stock in NCDEX accredited warehouse as on 01-Jul-2024, was 22308 MT
.jpeg)
(By Commoditiescontrol Bureau: +91 9820130172)
0 Comments 
Post Comment 
