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Spot demand lifts barley futures

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Press Trust of India New Delhi
Last Updated : Aug 17 2015 | 11:57 AM IST
Barley firmed up by Rs 12.50 to Rs 1,140 per quintal in futures trading today due to rising demand at the spot market.
At the National Commodity and Derivatives Exchange, barley for delivery this month edged up Rs 12.50, or 1.11 per cent to Rs 1,140 per quintal, with an open interest of 250 lots.
Also, the most-active delivery in September was trading higher Rs 12, or 1.05 per cent to Rs 1,155 per quintal and open interest of 19,470 lots.
Marketmen said pickup in demand by consuming industries such as beer and cattle-feed makers amid restricted arrivals from growing regions, mainly boosted trading sentiments in futures trade.

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First Published: Aug 17 2015 | 11:57 AM IST

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