Jodhpur, March 22 (Commoditiescontrol): Guar seed and gum prices remained unchanged in the physical market on Friday, while futures contracts witnessed a decline.
According to market sources, the average price range for guar seed in auctions was reported at Rs 4700-4900 per quintal, with arrivals totaling around 8,800 bags for the day.
In the benchmark market of Jodhpur, guar seed prices were quoted at Rs 5180 per quintal, while guar gum prices stood at Rs 10,200 per quintal.
On the NCDEX, guar gum futures for delivery in April concluded Rs 49 or 0.49% lower at Rs 10,040 per quintal. The session's low and high were recorded at Rs 10,031 and Rs 10,140 respectively.
Similarly, guar seed futures for delivery in April settled Rs 25 or 0.48% down at Rs 5,160 per quintal on the NCDEX. The session's low and high were reported at Rs 5,148 and Rs 5,208 respectively.
GuarSeed contract for APR delivery settled at Rs 5160/quintal showing an fall of Rs -25 over previous close of Rs 5185/quintal,The contract moved in the range of Rs 5148-5208 for the day. Open interest decreased by -1820 MT to 67145 MT, while trading volume decreased by -1485 to 8490 MT.
GuarSeed contract for MAY delivery settled at Rs 5222/quintal showing an fall of Rs -28 over previous close of Rs 5250/quintal,The contract moved in the range of Rs 5222-5270 for the day. Open interest increased by 1885 MT to 18005 MT, while trading volume decreased by -2920 to 2790 MT.
Currently The spread between APR and MAY contract is -62 Rs/quintal
GUARSEED stock in NCDEX accredited warehouse as on 22-Mar-2024, was 37004 MT
GuarGum contract for APR delivery settled at Rs 10040/quintal showing an fall of Rs -49 over previous close of Rs 10089/quintal,The contract moved in the range of Rs 10031-10140 for the day. Open interest decreased by -2510 MT to 38510 MT, while trading volume increased by 1190 to 5575 MT
GuarGum contract for MAY delivery settled at Rs 10200/quintal showing an fall of Rs -24 over previous close of Rs 10224/quintal,The contract moved in the range of Rs 10164-10255 for the day. Open interest increased by 2585 MT to 10470 MT, while trading volume increased by 860 to 3370 MT.
Currently The spread between APR and MAY contract is -160 Rs/quintal
GuarGum stock in NCDEX accredited warehouse as on 22-Mar-2024, was 26912 MT
(By Commoditiescontrol Bureau: +91 9820130172)
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