Login ID:
Partner Login
Contact Us : 7066511911

Guar seed, gum prices fall at spot, futures on profit-booking

8 Aug 2022 9:12 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Jodhpur, August 8 (Commoditiescontrol) Guar seed and gum prices dropped in the physical markets on Monday taking weak cues from futures. Guar seed futures declined nearly 1.5% while guar gum dropped over 3% on profit-booking. The market witnessed negative sentiment as rains benefited crops in the rainfed area and irigated land as well.

Main gaur producing belts have received good rainfall so far.

Guar seed traded at Rs 4800 per quintal in all paid and Guar gum prices were quoted at Rs 8600 per quintal in the benchmark market of Jodhpur. Guar seed prices dropped 100 per quintal while gum prices declined Rs 250 per quintal. Arrivals of guar seed were around 4200 bags across the country today.

Guar seed futures for delivery in August ended Rs 72 or 1.48% down at Rs 4779 per quintal while low and high of the session were Rs 4767 and Rs 4890 respectively.

Guar gum futures for delivery in August ended Rs 269 or 3.08% down at Rs 8470 per quintal while low and high of the session were Rs 8440 and Rs 8810 respectively.

(By Commodities control Bureau; +91 9820130172)

  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  

Top | Post Comment  

Latest Market Commentary
Guar seed, gum prices settle firm on weak arrivals
Guar seed, gum prices remain lower on weak sentiment
Guar seed, gum prices drop on profit-booking
Guar seed, gum prices rally on strong buying sentiment ...
Guar seed, gum prices end higher at spot, futures
Top 5 News
Guntur's chili prices decline on weak demand
Cotton prices extend fall at Madhya Pradesh on poor mil...
Bangkok Rubber Rates 06 February , 2023
Cotton prices ease further in Lower Rajasthan on poor m...
Cotton prices steady across Gujarat spot markets on slo...
Top 5 Special Reports
Week Ahead: Tur to get support on mill buying despite s...
Weekly: ICE Cotton end lower this week; risk-off sentim...
Week Ahead: Need-based buying of good quality Moong wil...
Weekly: ICE Sugar ends near six-year high; Supply ramp-...
Week Ahead: Urad to witness narrow price movement, Foll...
Copyright © CC Commodity Info Services LLP. All rights reserved.