Guar seed prices fell by Rs 22 to Rs 8,355 per quintal in futures trade on Monday amid ample supplies.
On the National Commodity and Derivatives Exchange, guar seed contracts for December delivery decreased by Rs 22, or 0.26 percent, settling at Rs 8,355 per quintal, accompanied by an open interest of 52,220 lots.
Market participants attributed the decline in guar seed prices to rising supplies from cultivation areas.