Barley prices inched up by Rs 3.50 to Rs 1,494 per quintal in futures trade today after traders created fresh positions, tracking emerging physical markets.
Market players said increased demand for beer makers amid tight supplies led to the price rise at the spot market.
At the National Commodity and Derivatives Exchange counter, barley delivery for the most traded August contract moved up by Rs 3.50 or 0.23 per cent to Rs 1,494 per quintal with an open interest of 8,710 lots.
The delivery of the immediate contract July also rose by Rs 2 or 0.14 per cent to Rs 1,475 per quintal with an open interest of 6,710 lots.
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