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MUMBAI (Commodity Online): Barley futures traded higher on firm spot demand from poultry, alcohol and cattle feed industries.

At NCDEX Barley September contract is now trading at Rs. 1211 per quintal, higher by 080 % or Rs.9.60 against the previous price. In the morning session the contract traded at a range of Rs.1206.20-1215 per quintal. Open interest of the contract is 5570 lots so far.

Restricted arrivals from the producing regions along with limited stocks in the physical markets also supported Barley futures to trade higher.

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