Guar seed futures decline amid ample supplies

New Delhi, Nov 19 (PTI) Guar seed prices on Tuesday slipped Rs 3 to Rs 5,240 per quintal in the futures trade amid ample supplies.

On the National Commodity and Derivatives Exchange, guar seed contracts for December delivery fell Rs 3 or 0.06 per cent to Rs 5,240 per quintal with an open interest of 54,600 lots.

Marketmen attributed the downward trend in guar seed prices to increasing supplies from growing regions.