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Barley prices improved by Rs.14 at Rs.1,296 per quintal in futures trading today after speculators enlarged positions, triggered by restricted supplies in spot market.
At the National Commodity and Derivatives Exchange counter, barley prices for delivery in current month looked up by Rs 14, or 1.09% to Rs 1,296 per quintal, in an open interest of 1,110 lots.
The most-active July month contract too rose by Rs 13.50, or 1.03% to Rs 1,322.50 per quintal, with an open interest of 14,320 lots.
Analysts said the rise in barley at futures trade was mostly on fresh positions created by speculators following restricted supplies in the market.
