Barley up on sustain buying
Barley prices rose by Rs 11 in futures trading today following sustained buying by traders in line with firm spot markets cue.
Marketmen said pick up in demand from beer and cattle-feed making industries against restricted supply in physical markets mainly led to a rise in future price of barley.
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At the National Commodity and Derivatives Exchange, barley prices for July added Rs 11, or 0.89%, to Rs 1,245 per quintal, with an open interest of 28,000 lots.
The August contract also rose by Rs 8.50, or 1,273 per quintal, with an open interest of 10,730 lots.