Guar seed prices increased by Rs 20 to Rs 8,430 per quintal in futures trade on Friday, driven by heightened investor speculation.
On the National Commodity and Derivatives Exchange, guar seed contracts for November delivery increased by Rs 20, or 0.24 percent, reaching Rs 8,430 per quintal, accompanied by an open interest of 13,065 lots.
Market participants indicated that increased speculation by investors bolstered guar seed futures contracts.
