Barley futures edged lower on NCDEX as speculators trimmed positions amid weak trend in the physical markets. Besides, weak demand from beer and cattle feed making industries against adequate supplies also impacted the trading sentiments.
The contract for June delivery was trading at Rs 1278.00, down by 0.78% or Rs 10.00 from its previous closing of Rs 1288.00. The open interest of the contract stood at 9430.00 lots.
The contract for July delivery was trading at Rs 1300.00, down by 1.33% or Rs 17.50 from its previous closing of Rs 1317.50. The open interest of the contract stood at 9320.00 lots on NCDEX.
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