Jodhpur, July 15 (Commoditiescontrol) Guar seed and gum prices were down on Monday due to slow demand while arrivals were almost steady.
As per the market sources, the average price range for guar seed in auctions was quoted at Rs 5000-5210 per quintal.
In all paid, guar seed prices were quoted Rs down 60 at Rs 5370 per quintal. Guar gum prices were quoted at Rs 10,700 per quintal in the benchmark market of Jodhpur. Arrivals were 7800 bags.
Guar gum futures for delivery in July ended Rs 100 or 0.94 % up at Rs 10,709 per quintal on the NCDEX while the low and high of the session were Rs 10,519 and Rs 10,709 respectively.
Guar gum futures for delivery in Aug ended Rs 62 or 0.57 % down at Rs 10,731 per quintal on the NCDEX while the low and high of the session were Rs 10,701 and Rs 10,820 respectively.
Guar seed futures for delivery in July settled flat at Rs 5,433 per quintal on the NCDEX while the low and high of the session were Rs 5,283and Rs 5,451 respectively.
Guar seed futures for delivery in July settled Rs 31 or 0.56% down at Rs 5,487 per quintal on the NCDEX while the low and high of the session were Rs 5,472 and Rs 5,42 respectively.
GuarSeed contract for JUL delivery settled at Rs 5433/quintal showing an was simillar of Rs 0 over previous close of Rs 5433/quintal,The contract moved in the range of Rs 5383-5451 for the day. Open interest decreased by -3835 MT to 4145 MT, while trading volume increased by 50 to 7415 MT.
GuarSeed contract for AUG delivery settled at Rs 5487/quintal showing an fall of Rs -31 over previous close of Rs 5518/quintal,The contract moved in the range of Rs 5472-5525 for the day. Open interest increased by 1830 MT to 52155 MT, while trading volume decreased by -230 to 18040 MT.
Currently The spread between JUL and AUG contract is -54 Rs/quintal
GUARSEED stock in NCDEX accredited warehouse as on 15-Jul-2024, was 19786 MT
GuarGum contract for JUL delivery settled at Rs 10709/quintal showing an rise of Rs 100 over previous close of Rs 10609/quintal,The contract moved in the range of Rs 10519-10709 for the day. Open interest decreased by -2470 MT to 3475 MT, while trading volume increased by 70 to 3950 MT.
GuarGum contract for AUG delivery settled at Rs 10731/quintal showing an fall of Rs -62 over previous close of Rs 10793/quintal,The contract moved in the range of Rs 10701-10820 for the day. Open interest increased by 1855 MT to 49960 MT, while trading volume decreased by -2180 to 6335 MT.
Currently The spread between JUL and AUG contract is -22 Rs/quintal
GuarGum stock in NCDEX accredited warehouse as on 15-Jul-2024, was 21784 MT
(By Commoditiescontrol Bureau: +91 9820130172)
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