Guar seed futures ended lower as traders booked profits after a recent rally in prices. The commodity gained 22 percent from April 22 to May 5 on forecasts of ...
Guar seed futures ended lower as traders booked profits after a recent rally in prices. The commodity gained 22 percent from April 22 to May 5 on forecasts of a weak monsoon and thin arrivals. Demand for Guar gum, a by-product of Guar seed, is expected to rise from the food sector which uses it as a stabiliser, said the industrial expert.By: Skymetweather.com
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