Barley futures fall on low demand

Image
Press Trust of India New Delhi
Last Updated : Apr 24 2019 | 11:55 AM IST

Barley prices fell by Rs 19.50 to Rs 1,840 per quintal in futures trade Wednesday on low demand by the speculators.

Market players attributed the fall in barley futures prices to weak sentiments in physical markets amid rising stocks on constant supplies from the producing belts and limited offtake by beer makers.

At the National Commodity and Derivative Exchange, barley delivery for May contracts fell by Rs 19.50, or 1.05 per cent, to Rs 1,840 per quintal with an open interest of 4,520 lots.

The delivery for June contracts also tumbled by Rs 20.50, or 1.09 per cent, to Rs 1,864 per quintal with a business turnover of 4,510 lots.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Apr 24 2019 | 11:55 AM IST

Next Story