Agri tips : Barley close lower, reports as on 12 Aug, 2015

Agri tips & Updates- Barley prices closed lower by 0.04 per cent on Tuesday 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 August 2015 contract closed at Rs. 1,120 per quintal, down by 0.04 per cent, after opening at Rs. 1,120.5 against the previous closing price of Rs. 1,120.5. It touched the intra-day low of Rs. 1,103. Click For Agri tips

 
Sentiment diminished further on account of a surge in the arrivals of the commoditythrough the sluggish demand on high levels.Barley is a cereal grain obtained from the annual grass Hordeum vulgare. This widely adjustable crop is popular in temperate regions where it is grown as a summer crop and tropical regions where it is sown as a winter crop.