Barley futures recover on fresh buying
Barley prices improved by Rs 5.20, or 0.43 per cent, to Rs 1,211 per quintal in futures trading today on increased buying by traders.
Marketmen said low levels buying by traders, mainly attributed to the rise in barley prices.
Pick up in demand and short supply in physical market also influenced the trading sentiment to some extent, they added.
At the National Commodity and Derivatives Exchange (NCDEX) counter, barley prices for September-month contract recovered by Rs 5.20, or 0.43 per cent, to Rs 1,211 per quintal, with an open interest of 16,930 lots.
Near-month October contract too followed suit and rose by Rs 5.80, or 0.47 per cent, to Rs 1,231 per quintal, with an open interest of 3,340 lots.