Barley prices continued to rise for the second straight day by adding Rs 6.20, or 0.55 per cent, to Rs 1,129 per quintal in futures trade today on sustained buying by traders amid rising demand.
Limited arrivals in the physical market also influenced the barley prices at futures trade. At Multi Commodity Exchange, barley for July contract added Rs 6.20, or 0.55 per cent, to Rs 1,129 per quintal, with an open interest of 179 lots.
The barley for delivery in August contract also moved up by Rs 4.80, or 0.42 per cent, to Rs 1,147.80 per quintal, with a business turnover of 105 lots.
Market experts said sustained buying by traders on rising demand amid tight supply in the physical market led to a rise in barley prices at futures market.