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03-May2019

Barley futures trade higher on firm demand

Barley futures traded higher on NCDEX, due to widening of bets by market players at available lower rates. Further, firm physical demand from breweries amid less supplies from growing regions also added upside.

The contract for May delivery was trading at Rs 1892.00, up 0.69% or Rs 13.00 from its previous closing of Rs 1879.00. The open interest of the contract stood at 4180 lots.

The contract for June delivery was trading at Rs 1910.00, up 0.74% or Rs 14.00 from its previous closing of Rs 1896.00. The open interest of the contract stood at 6780 lots on NCDEX.







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