Guar Seed| Guar seed futures hit a contract high early on Wednesday.

May 2, 2014 9:24 AM | Skymet Weather Team

Guar seed futures hit a contract high early on Wednesday on forecast of weak monsoon and thin arrivals, but pared gains towards the end of the session to close lower due to profit-taking.Indiais likely to have below-average monsoon rainfall in 2014, raising the possibility that drought could impact adversely on Guar seed production.

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