Jodhpur, August 18 (Commoditiescontrol) Guar seed and gum prices dropped in the physical market on Thursday amid negative sentiment as the condition of the new crop is reported good after a beneficial rainfall received in major guar growing areas of Rajasthan, Haryana and elsewhere.
Guar seed traded at Rs 4750 per quintal in all paid while guar seed was quoted at Rs 4500 per quintal in auction. Guar gum prices were quoted at Rs 8650 per quintal in the benchmark market of Jodhpur.
Guar seed prices were down 100 per quintal while gum prices fell Rs 150 per quintal. Arrivals across India were estimated around 3000 bags today.
Guar seed futures for delivery in Sep ended Rs 93 or 1.93% down at Rs 4724 per quintal while low and high of the session were Rs 4705 and Rs 4816 respectively.
Guar gum futures for delivery in Sep ended Rs 126 or 1.43% lower at Rs 8690 per quintal while low and high of the session were Rs 8642 and Rs 8876 respectively.
(By Commodities control Bureau; +91 9820130172)
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