Agri Tips: Barley prices ended higher by 0.46 % on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of strong requirement from beer and cattle-feed making industries against restricted supply in physical markets. At the NCDEX, barley futures for September 2015 contract closed at Rs. 1,209 per quintal, up by 0.46 %, after starting at Rs. 1,211 against the last closing price of Rs. 1,203.5. It touched the Intraday high of Rs. 1,211.
The consumption demand for Barley in India mainly comes for malt, poultry and animal feed. Barley malt is majorly used for the generation of alcoholic beverages in the country.
The consumption demand for Barley in India mainly comes for malt, poultry and animal feed. Barley malt is majorly used for the generation of alcoholic beverages in the country.
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