Mixed trends rule barley futures

Barley prices came down by Rs 20 to Rs 1,424 per quintal in futures trading today as participants cut down their holdings amid a weak trend at the spot markets.

Marketmen said the fall in barley prices in futures trade to offloading of positions by participants at existing levels.

At the National Commodity and Derivative Exchange, barley for the most-active delivery in October dipped by Rs 20 or 1.39 per cent to Rs 1,424 per quintal, revealing an open interest of 2,160 lots.

On the other hand, delivery in far-month November increased by Rs 6.50 or 0.44 per cent to Rs 1,477 per quintal, having an open interest of 550 lots.

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