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Barley futures down on profit booking

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 9:33 PM IST

Barley prices fell by Rs 2,280 to Rs 1,458 per quintal in futures trade today following profit booking by speculators at prevailing high levels amid a weak domestic trend.

Market analysts said apart from profit taking, weak spot markets sentiment mainly brought down the barley prices in futures trading.

At the National Commodity and Derivatives Exchange, barley prices for delivery in June dipped by Rs 22.80, or 1.54% to Rs 1,458 per quintal, with an open interest of 9,260 lots.  

Likewise, its prices for delivery in May also shed Rs 20, or 1.38% to Rs 1,426.20 per quintal, with an open interest of 9,530 lots.

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First Published: May 09 2011 | 12:51 PM IST

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