On Tuesday, guar seed prices experienced a decline of Rs 4, settling at Rs 5,952 per quintal in futures trade, attributed to ample supplies in the market.

On the National Commodity and Derivatives Exchange, guar seed contracts for June delivery decreased by Rs 4, representing a decline of 0.07 per cent, settling at Rs 5,952 per quintal, accompanied by an open interest of 57,780 lots.

The decline in guar seed prices has been attributed by market participants to the rising supplies from producing regions.