Barley
prices closed lower by 0.23 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. At
the NCDEX, barley futures for June 2016 contract closed at Rs. 1,549
per quintal, down by 0.23 per cent, after opening at Rs. 1,552.5 against
the previous closing price of Rs. 1,552.5. It touched the intra-day low
of Rs. 1,548.5. Sentiment weakened further on account of a surge in the
arrivals of the commodity along with the sluggish demand on higher
levels. Barley is a cereal grain derived from the annual grass Hordeum
vulgare. This widely adaptable crop is popular in temperate areas where
it is grown as a summer crop and tropical areas where it is sown as a
winter crop.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
Thursday, May 26, 2016
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