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17-May2017

Barley futures edge down on fall in demand

Barley futures edged down on NCDEX on fall in demand from consuming industries at the spot market. Further, ample stocks position following higher arrivals from the producing belts too fuelled the downtrend.

The contract for May delivery was trading at Rs 1444.00, down by 1.90% or Rs 28.00 from its previous closing of Rs 1472.00.The open interest of the contract stood at 480.00 lots.

The contract for June delivery was trading at Rs 1469.00, down by 1.04% or Rs 15.50 from its previous closing of Rs 1484.50. The open interest of the contract stood at 7230 lots on NCDEX.


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