Don’t miss the latest developments in business and finance.

Rising demand lifts barley futures

Image
Press Trust of India New Delhi
Last Updated : Oct 13 2015 | 1:42 PM IST
Continuing its upward march, barley prices were up by Rs 14 to Rs 1,306 per quintal in future trading today as speculators widened positions tracking a firming trend at the spot markets.
At the National Commodity and Derivatives Exchange, barley for delivery this month edged up further by Rs 14, or 1.08 per cent to Rs 1,306 per quintal, with an open interest of 770 lots.
Also, the delivery for most-active delivery in November was trading higher by Rs 14, or 1.02 per cent to Rs 1,383.50 per quintal, in an open interest of 15,280 lots.
Marketmen said rise in barley prices at futures trade was supported by a firming trend at the physical markets on the back of strong demand from beer and cattle-feed industries.

More From This Section

First Published: Oct 13 2015 | 1:42 PM IST

Next Story