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12-Jul2017

Barley futures trade lower on subdued demand

Barley futures traded lower on NCDEX due to subdued demand from beer makers and other industries at the spot market. Moreover, ample stocks position following higher supply from the producing regions too fuelled the downtrend.

The contract for August delivery was trading at Rs 1461.00, down by 0.03% or Rs 0.50 from its previous closing of Rs 1461.50. The open interest of the contract stood at 6460 lots on NCDEX.


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