Barley prices improve by 1.1% on short covering
September month contract improved by 0.76%
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Barley prices rose by Rs 15.50 to Rs 1,339 per quintal in future trading today following low levels buying in tandem with firm overseas cue.
Marketmen said tracking firm overseas markets sentiment, traders preferred to create fresh positions.
At the National Commodity and Derivatives Exchange, barley prices for November contract rose by Rs 15.50, or 1.17% to Rs 1,339 per quintal, with an open interest of 2,020 lots.
September month contract improved by Rs 9.50, or 0.76%, to Rs 1,260 per quintal, with an open interest of 670 lots.
Most active near October month contract also gained Rs 3.50, or 0.27% to Rs 1,292 per quintal in 17,140 lots.
Marketmen said tracking firm overseas markets sentiment, traders preferred to create fresh positions.
At the National Commodity and Derivatives Exchange, barley prices for November contract rose by Rs 15.50, or 1.17% to Rs 1,339 per quintal, with an open interest of 2,020 lots.
September month contract improved by Rs 9.50, or 0.76%, to Rs 1,260 per quintal, with an open interest of 670 lots.
Most active near October month contract also gained Rs 3.50, or 0.27% to Rs 1,292 per quintal in 17,140 lots.
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First Published: Sep 17 2013 | 2:31 PM IST