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06-Sep2018

Barley futures trade higher on strong demand

Barley futures traded higher on NCDEX, as speculators enlarged their holdings tracking strong demand from spot domestic markets. Moreover, shortage in stock levels amid restricted arrivals also weighed on the prices.

The contract for October delivery was trading at Rs 1687.50, up by 0.45% or Rs 7.50 from its previous closing of Rs 1680.00. The open interest of the contract stood at 7970 lots on NCDEX.



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