Last Updated : September 23, 2011 15:38
NCDEX barley drops on selling pressure
MUMBAI (Commodity Online): Barley futures declined Friday on active selling by the traders due to poor demand in the physical markets.
At NCDEX barley October contract is trading at Rs. 1160 per quintal, lower by 1.86 per cent on 15:30 IST as against the previous close. In the early session the contract traded at a range of Rs.1135-1173 per quintal. Open interest of the contract is 4410 and volume traded is 2430 lots for the time being.
Market analysts said apart from profit booking at prevailing high levels, increased supply and reduced offtake in physical markets, mainly put weight on Barley futures prices. Slackness in demand from beer making industries also influenced trading sentiments.
MCX SILVER MINI 999 31 August 2012
contract was trading at
Rs 57069 , up Rs. 339 . What's your view on it?
