Barley prices closed lower by 1.64 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors booked profits at the higher on account of the weak physical markets and also due to the fall in the demand from beer and cattle-feed makers. Sentiment weakened further on account of a surge in the arrivals of the commodity along with the sluggish demand on higher levels. At the NCDEX, barley futures for April 2015 contract closed at Rs. 1,177 per quintal, down by 1.64 per cent, after opening at Rs. 1,191 against the previous closing price of Rs. 1,158.
Thursday, April 16, 2015
NCDEX AGRI COMMODITY NEWS UPDATE BARLEY 16 - APRIL - 2015
Barley prices closed lower by 1.64 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors booked profits at the higher on account of the weak physical markets and also due to the fall in the demand from beer and cattle-feed makers. Sentiment weakened further on account of a surge in the arrivals of the commodity along with the sluggish demand on higher levels. At the NCDEX, barley futures for April 2015 contract closed at Rs. 1,177 per quintal, down by 1.64 per cent, after opening at Rs. 1,191 against the previous closing price of Rs. 1,158.
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