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NCDEX Barley drops on selling pressure

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MUMBAI (Commodity Online): Barley futures dropped on selling pressure at higher levels on the back of sluggish demand in the domestic markets.


At NCDEX Barley September contract is now trading at Rs.1120 per quintal, fell by 1.93% against the previous close.


In the early sessions the contract traded at a range of Rs.1120-1136 per quintal and open interest of the contract is 3190 lots for the time being.


Market men said apart from selling, lower physical markets sentiment, mainly led the fall in Barley future prices.

MCX COPPER MINI 29 June 2012 contract was trading at Rs 403.85 , up Rs. 5.25 . What's your view on it?
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