Guar seed futures rise on higher bets
Business 09 Jun, 2026

Guar seed futures rise on higher bets

Business To Business, New Delhi, 9th June, 2026:  Guar seed futures traded higher on Tuesday as investors increased their positions in the commodity despite weakness in the physical market.
Market Performance
On the National Commodity and Derivatives Exchange (NCDEX):

  • Guar seed contracts for July delivery gained ₹21 per quintal.
  • The futures price rose to ₹5,993 per quintal.
  • This represents an increase of 0.35%.
  • Open interest stood at 55,555 lots, indicating active participation by traders.
Factors Behind the Rise
According to market participants, the increase was mainly driven by:
  • Fresh buying and higher bets by investors.
  • Positive sentiment among futures traders.
  • Expectations regarding future demand and price movements.
Interestingly, the gains in futures came despite a decline in spot market prices, suggesting that traders are positioning themselves based on anticipated market developments rather than current physical-market conditions.
About Guar Seed
Guar is an important agricultural commodity in India, particularly because it is used to produce guar gum, which has applications in:
  • Food processing
  • Pharmaceuticals
  • Cosmetics
  • Textile manufacturing
  • Oil and gas drilling operations
India is the world's leading producer and exporter of guar products, with major cultivation concentrated in:
  • Rajasthan
  • Haryana
  • Gujarat
Outlook
Guar seed prices will continue to be influenced by:
  • Crop conditions and weather patterns.
  • Export demand for guar gum.
  • Inventory levels.
  • Movements in spot market arrivals.
  • Trading sentiment in agricultural commodity markets.
The latest rise indicates that futures traders remain optimistic, even as the spot market currently shows some softness.

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