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10-Oct2016

Barley futures edge higher on rising demand

Barley futures edged higher on NCDEX on pickup in demand from consuming industries. Moreover, tight stocks position following restricted supplies from growing regions also supported to barley prices' uptrend.

The contract for October delivery was trading at Rs 1584.00, up by 0.67% or Rs 10.50 from its previous closing of Rs 1573.50. The open interest of the contract stood at 3010.00 lots.

The contract for November delivery was trading at Rs 1627.00, up by 0.31% or Rs 5.00 from its previous closing of Rs 1622.00. The open interest of the contract stood at 1850.00 lots on NCDEX.


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