Barley futures traded up on NCDEX as speculators enlarged their positions amid firm spot demand. Increased demand from the traders, beer and cattle feed makers along with thin supplies in the physical market, led the rise in price.
The contract for September delivery was trading at Rs 1,160.00, up by 1.22% or Rs 14.00 from its previous closing of Rs 1,146.00. The open interest of the contract stood at 1810 lots.
The contract for October delivery was trading at Rs 1,211.00, up by 0.68% or Rs 7.50 from its previous closing of Rs 1,203.50. The open interest of the contract stood at 29810 lots on NCDEX.