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06-May2019

Barley futures trade higher on pickup in demand

Barley futures traded higher on NCDEX due to widening of portfolios by market players on the back of pickup in demand at the spot market. Further, fewer arrivals from producing belts led to a rise in barley futures.

The contract for May delivery was trading at Rs 1925.00, up 1.91% or Rs 36.00 from its previous closing of Rs 1889.00. The open interest of the contract stood at 3510 lots.

The contract for June delivery was trading at Rs 1931.00, up 1.15% or Rs 22.00 from its previous closing of Rs 1909.00. The open interest of the contract stood at 6880 lots on NCDEX.


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