India, Dec. 5 -- Guar seed futures moved up by Rs 19 to Rs 4,861 per quintal on Friday, supported by firm demand in the spot market as traders expanded their positions.
On the National Commodity and Derivatives Exchange (NCDEX), January contracts rose 0.39 per cent to Rs 4,861 per quintal, with an open interest of 49,380 lots.
Market participants said higher speculative activity, a strong physical market trend, and limited arrivals from producing regions pushed guar seed prices higher.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....