The spot price of Guar Seed quoted at Rs 22,900 per quintal, down by Rs 300 per quintal in the Jodhpur mandi while the Guar Gum quoted at Rs 69500 per quintal. The Guar Seed arrivals decreased to 10,000 bags (Arrivals from Rajasthan were around 80,000 bags and Haryana around 1,000 bags) from 12,000 bags over previous close.
The NCDEX Guar Seed March contract moved in the range of Rs 21,210-22,431 and is currently trading higher at Rs 22,225 per quintal, up by Rs 657 or 3.05 per quintal.
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Technical comment for the day: Gold