New Delhi, December 5 (CommoditiesControl): Guar gum and guar seed spot prices remained stable in key markets today as demand from both domestic and export sectors remained subdued. Arrivals in major markets were moderate, reflecting cautious trading activity.
- Guar Seed: Prices hovered in the range of ₹4,850-5,100 per quintal, depending on quality and location.
- Guar Gum: Spot prices were stable at ₹11,000-11,200 per quintal.
Traders anticipate that market sentiment could strengthen in the coming weeks, supported by a potential rise in export inquiries and industrial demand. However, current activity remains lackluster, with prices holding steady.
GuarSeed contract for DEC delivery settled at Rs 5133/quintal showing an fall of Rs -25 over previous close of Rs 5158/quintal,The contract moved in the range of Rs 5119-5165 for the day. Open interest decreased by -1040 MT to 31240 MT, while trading volume decreased by -11245 to 4690 MT.
GuarSeed contract for JAN delivery settled at Rs 5201/quintal showing an fall of Rs -24 over previous close of Rs 5225/quintal,The contract moved in the range of Rs 5186-5235 for the day. Open interest increased by 2035 MT to 45585 MT, while trading volume decreased by -8600 to 14250 MT.
Currently The spread between DEC and JAN contract is -68 Rs/quintal
GUARSEED stock in NCDEX accredited warehouse as on 05-Dec-2024, was 10143 MT
GuarGum contract for DEC delivery settled at Rs 10131/quintal showing an fall of Rs -60 over previous close of Rs 10191/quintal,The contract moved in the range of Rs 10100-10207 for the day. Open interest decreased by -2030 MT to 20475 MT, while trading volume decreased by -1140 to 3785 MT.
GuarGum contract for JAN delivery settled at Rs 10275/quintal showing an fall of Rs -63 over previous close of Rs 10338/quintal,The contract moved in the range of Rs 10239-10352 for the day. Open interest increased by 2015 MT to 40490 MT, while trading volume decreased by -1465 to 6410 MT.
Currently The spread between DEC and JAN contract is -144 Rs/quintal
GuarGum stock in NCDEX accredited warehouse as on 05-Dec-2024, was 27986 MT
(By Commoditiescontrol Bureau: +91 9820130172)
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