Barley prices rose by Rs 14.50 to Rs 1,565 per quintal in futures trading today following renewed buying by traders on the back of firm spot markets sentiment.
Marketmen said less arrivals and strong demand in physical markets mainly pushed up barley prices.
Strong demand from alcohol and cattle-feed making industries also boosted the trading sentiments to some extent, they said.
At the National Commodity and Derivatives Exchange, May barley gained Rs 14.50, or 0.94%, to Rs 1,565 per quintal, with an open interest of 3,300 lots.
The April barley moved up by Rs 11, or 0.71%, to Rs 1,557 per quintal, with an open interest of 4,600 lots.
