Wednesday, 11 June 2014

Barley futures edge higher on restricted supply

Barley futures edged higher on NCDEX following fresh buying at existing lower levels. Besides, restricted supply in physical markets along with increased demand from consuming industries also influenced the commodity prices in futures trade.
The contract for June delivery was trading at Rs 1277.00, up by 0.31% or Rs 4.00 from its previous closing of Rs 1273.00. The open interest of the contract stood at 2900.00 lots.
The contract for July delivery was trading at Rs 1307.00, up by 0.23% or Rs 3.00 from its previous closing of Rs 1304.00. The open interest of the contract stood at 14150.00 lots on NCDEX.

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