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Barley up on fresh buying

The April contract spurted by Rs.20.50, or 1.37%, to Rs.1,512 per quintal

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Press Trust of India New Delhi
Last Updated : Jan 24 2013 | 2:10 AM IST

Barley prices improved by Rs.25.50 to Rs.1,410 per quintal in futures trade today following increased buying in line with firm spot markets sentiment.

Marketmen said better offtake and restricted supply in physical markets mainly pushed up barley prices.

At the National Commodity and Derivatives Exchange, December barley hardened by Rs.25.50, or 1.84%, to Rs.1,410 per quintal, in an open interest of 2,280 lots.

The April contract spurted by Rs.20.50, or 1.37%, to Rs.1,512 per quintal, with an open interest of 880 lots.

Most active near January contract also moved up by Rs 4.50, or 0.31%, to Rs 1,472 per quintal, having an open interest of 11,230 lots.

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First Published: Dec 06 2012 | 3:02 PM IST

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