NCDEX barley at over 1-year low on lacklustre demand.
Weak demand drags down Jaipur barley to 6-week low.
NCDEX barley at 1-month low as warehouse stocks rise.
Barley prices at 5-week low in Jaipur on muted demand.
Barley prices at 1-month low in Jaipur on muted demand.
Higher arrivals weigh on barley prices in Jaipur.
NCDEX barley at 1-week low as warehouse stocks rise.
Quality concern drags barley to 3-week low in Jaipur
Japan to import 225 tonnes feed barley via tender.
Higher prices hit demand for barley in Jaipur.
Jaipur barley hits one-week high on lower arrivals
NCDEX barley up taking cues from spot market.
Barley prices in Jaipur down due to subdued trade.
Prices of barley rose in Jaipur for the second consecutive day because of lower arrivals and rising demand from Stuckists, feed sector and the malt industry. The grain was quoted up 10 rupees from previous close in the key market of Jaipur. Arrivals of the new crop of barley were pegged at 70,000 bags (1bag=85kg), compared with 90,000 bags on previous close. Supplies are lower because farmers are holding their produce as they expect prices to rise in the coming days.
Futures contracts of barley on the NCDEX were down due to an increase in stocks of the commodity at exchange warehouse the most active May contract of barley on the NCDEX traded down 0.4% from previous close. Barley stocks at exchange warehouses were at 6,165 tonnes, compared with 5,058 tonnes the previous close.
Prices of barley rose in Jaipur because of bargain buying by stockists and feed sector after prices hit a three-week low of 1,390 rupees per 100 kg,. The grain traded up 20 rupees from previous close. In the key market of Jaipur, Lower arrivals along with a rise in demand from the malt industry also supported prices. Arrivals of the new crop were pegged at 90,000 bags (1bag=85 kg), compared with 100,000 bags on previous close.
Barley prices in Jaipur at 3-week low on muted demand.
Barley exports from Russia down 42%.
Prices of barley in Jaipur hit a three-week low due to muted demand from the feed sector and Stuckists, as well as higher arrivals of the new crop. The grain was sold at down 10 rupees from previous close. Arrivals of the new crop were estimated at 100,000 bags (1bag=85kg), compared with 90,000 bags on previous close. Limited purchases from malt industries also weighed on barley prices.
In February 2017, Russian barley exports turned down again. So, 103.8 KMT of barley was exported from Russia that month, or down almost 30% from the previous month and two and a half times less than exported in February 2016. In the first eight months of the current season, Russian barley exports were down 42% year-on-year at less than 2.1 MMT against 3.6 MMT in July-February 2015/16. Drops are reported in Russian deliveries to almost all of their destinations. This season, the country only increased exports to Lebanon, Morocco and Syria. At the same time, Russia remains the top supplier of barley to Lebanon. Russian exporters have doubled barley shipments to this market in 2016/17 which have already shipped roughly 128 KMT against 62 KMT for the whole 2015/16 marketing year.