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18-Apr2017

Barley futures edge higher on rising demand

Barley futures edged higher on NCDEX due to rising demand from beer and cattle-feed making industries against restricted supply in physical markets.

The contract for April delivery was trading at Rs 1550.00, up by 0.55% or Rs 8.50 from its previous closing of Rs 1541.50.The open interest of the contract stood at 100.00 lots.

The contract for May delivery was trading at Rs 1582.00, up by 0.70% or Rs 11.00 from its previous closing of Rs 1571.00. The open interest of the contract stood at 6370.00 lots on NCDEX.


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