Barley futures spurt on spot cues

Barley prices climbed up by Rs 23.50 to Rs 1,511.50 per quintal in futures trade today on elaborating of holdings by the traders backed up emerging spot markets.

Market players said, thin supplies and acceleration in demand from beer makers in spot markets bolstered the barley future prices here in the future market.

At the National Commodity and Derivative Exchange platform, barley delivery for the November shot up by Rs 23.50 or 1.58 percent to Rs 1,511.50 per quintal, with the business turnover of 1,910 open lots.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)