On Friday, guar seed prices experienced a decline of Rs 4, settling at Rs 6,027 per quintal in futures trading, attributed to sufficient supply levels.
On the National Commodity and Derivatives Exchange, guar seed contracts for July delivery experienced a decline of Rs 4, representing a decrease of 0.07 per cent, settling at Rs 6,027 per quintal, accompanied by an open interest of 45,875 lots.
Market participants attributed the downward trend in guar seed prices to increasing supplies from growing regions.