14-Year-Old Guar Seed Sells for ₹4700/Quintal Amid Price Surge

• A 14-year-old guar seed stock was sold in Rajasthan's Jodhpur market for ₹4700 per quintal.
• The sale occurred due to a recent surge in guar seed prices, prompting farmers to bring old crops to market.
• NCDEX data shows guar seed prices rose by approximately 28% in December, from ₹4,779 to ₹6,020 per quintal.
• Major producing states saw price increases in December: Rajasthan (8%), Gujarat (over 15%), and Haryana (approx. 5%).
• The price surge is attributed to speculation, reduced production (Rajasthan down 11%), and strong export demand.

Why It Matters: Old guar seed finds buyer at good price as market surges due to reduced production and high demand.