Experts said the direction of the barley market would be clear in a week on the back of export orders. Exporters have stocked the grain at the Kandla port and are waiting for overseas orders.
Currently, domestic barley prices are quoted higher than those in Ukraine, a major exporter of the grain. Ukraine expects a 15-20 per cent higher crop this year at around 1.65 million tonnes.
On the National Commodity and Derivatives Exchange (NCDEX), the May barley contract closed on Saturday at Rs 1,146 a quintal against the previous week's close of Rs 1,103 a quintal.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app