Jodhpur, June 21 (Commoditiescontrol) Guar seed and gum prices were down in the physical market and the futures as well on Friday amid weak demand and supply.
As per the market sources, the average price range for guar seed in auctions was quoted at Rs 5000-5200 per quintal.
In all paid, guar seed prices were quoted a little lower at Rs 5400 per quintal. Guar gum prices were also down Rs 50 at Rs 10,700 per quintal in the benchmark market of Jodhpur. Arrivals were 7600 bags.
Guar gum futures for delivery in July ended Rs 72 or 0.67 % down at Rs 10,630 per quintal on the NCDEX while the low and high of the session were Rs 10,548 and Rs 10,651 respectively.
Guar seed futures for delivery in July settled Rs 17 or.31% down at Rs 5,410 per quintal on the NCDEX while low and high of the session were Rs 5,370 and Rs 5,420 respectively.
GuarSeed contract for JUN delivery settled at Rs 5410/quintal showing an fall of Rs -17 over previous close of Rs 5427/quintal,The contract moved in the range of Rs 5370-5420 for the day. Open interest decreased by -2315 MT to 48890 MT, while trading volume increased by 1325 to 13930 MT.
GuarSeed contract for JUL delivery settled at Rs 5468/quintal showing an fall of Rs -21 over previous close of Rs 5489/quintal,The contract moved in the range of Rs 5433-5470 for the day. Open interest increased by 1170 MT to 7890 MT, while trading volume increased by 1305 to 2470 MT.
Currently The spread between JUN and JUL contract is -58 Rs/quintal.
GUARSEED stock in NCDEX accredited warehouse as on 21-Jun-2024, was 21085 MT
GuarGum contract for JUL delivery settled at Rs 10630/quintal showing an fall of Rs -72 over previous close of Rs 10702/quintal,The contract moved in the range of Rs 10548-10651 for the day. Open interest decreased by -1595 MT to 43965 MT, while trading volume increased by 890 to 6555 MT.
GuarGum contract for AUG delivery settled at Rs 10770/quintal showing an fall of Rs -78 over previous close of Rs 10848/quintal,The contract moved in the range of Rs 10705-10780 for the day. Open interest increased by 1285 MT to 6925 MT, while trading volume increased by 990 to 3050 MT
Currently The spread between JUL and AUG contract is -140 Rs/quintal
GuarGum stock in NCDEX accredited warehouse as on 21-Jun-2024, was 22442 MT
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(By Commoditiescontrol Bureau: +91 9820130172)
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