Experts said the direction of the barley market would be clear in a week on the back of export orders. Exporters have stocked the grain at the Kandla port and are waiting for overseas orders.
Currently, domestic barley prices are quoted higher than those in Ukraine, a major exporter of the grain. Ukraine expects a 15-20 per cent higher crop this year at around 1.65 million tonnes.
On the National Commodity and Derivatives Exchange (NCDEX), the May barley contract closed on Saturday at Rs 1,146 a quintal against the previous week's close of Rs 1,103 a quintal.
