Rising for the second straight day, barley prices rose by another Rs 13 to Rs 1,500 per quintal in futures trade today on the expansion of bets by traders, driven by robust demand at the physical markets.
Marketmen said strong demand from beer makers amid tight supplies in the spot markets, kept sentiments upbeat in barley in futures trade.
At the National Commodity and Derivatives Exchange, barley to be delivered in June was trading higher by Rs 13, or 0.87 per cent, at Rs 1,500 per quintal, clocking an open interest of 10.490 lots.
Barley for delivery in July contracts also edged up by Rs 6, or 0.40 per cent, to Rs 1,508 per quintal with an open interest of 7,820 lots.
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