Jodhpur, Feb 15 (Commoditiescontrol): Guar seed and gum prices have remained firm in the spot market, amid an uptick in buying activities. Market reports indicate that the average price range for guar seed in recent auctions has been quoted at Rs 4700-5050 per quintal, reflecting the positive trend in the market. Today's arrivals of guar seed stood 12,000 bags.
Notably, guar seed prices experienced a slight uptrend, rising by Rs 50 per quintal. Simultaneously, gum prices witnessed a robust increase, gaining Rs 100 per quintal on the day.
In the overall trade scenario, guar seed prices were quoted at Rs 5320 per quintal. Meanwhile, the benchmark market of Jodhpur reported guar gum prices at Rs 10,600 per quintal.
GuarSeed contract for FEB delivery settled at Rs 5305/quintal showing an rise of Rs 50 over previous close of Rs 5255/quintal,The contract moved in the range of Rs 5291-5357 for the day. Open interest decreased by -8290 MT to 2170 MT, while trading volume decreased by -8495 to 880 MT.
GuarSeed contract for MAR delivery settled at Rs 5336/quintal showing an rise of Rs 37 over previous close of Rs 5299/quintal,The contract moved in the range of Rs 5311-5387 for the day. Open interest increased by 6990 MT to 83940 MT, while trading volume decreased by -2935 to 14380 MT.
Currently The spread between FEB and MAR contract is -31 Rs/quintal.
GUARSEED stock in NCDEX accredited warehouse as on 15-Feb-2024, was 33347 MT
GuarGum contract for FEB delivery settled at Rs 10275/quintal showing an rise of Rs 92 over previous close of Rs 10183/quintal,The contract moved in the range of Rs 10275-10340 for the day. Open interest decreased by -5125 MT to 845 MT, while trading volume decreased by -4520 to 810 MT.
GuarGum contract for MAR delivery settled at Rs 10300/quintal showing an rise of Rs 70 over previous close of Rs 10230/quintal,The contract moved in the range of Rs 10270-10390 for the day. Open interest increased by 455 MT to 48870 MT, while trading volume decreased by -3730 to 5970 MT.
Currently The spread between FEB and MAR contract is -25 Rs/quintal.
GuarGum stock in NCDEX accredited warehouse as on 15-Feb-2024, was 30172 MT
(By Commoditiescontrol Bureau: +91 9820130172)
0 Comments 
Post Comment 
