Business Standard

Barley futures gain 1.21% on upsurge in demand

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Press Trust of India New Delhi
Barley prices went up by 1.21 per cent to Rs 1,508 per quintal in futures trade today as traders built up fresh positions, driven by pick up in demand in the spot market.

At the National Commodity and Derivative Exchange, barley for delivery in December rose by Rs 18, or 1.21 per cent to Rs 1,508 per quintal with an open interest of 540 lots.

Traders attributed the rise in barley futures to uptick in demand from consuming industries in the physical market against restricted supplies from producing belts.

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First Published: Nov 29 2017 | 6:15 PM IST

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