Barley futures up on low levels buying

NEW DELHI, June 12:  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 per cent 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 per cent 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. (PTI)


Please enter your comment!
Please enter your name here