Barley prices in Jaipur hit a one-week low as arrivals of the new crop increased and demand from stockists and the feed industry was lacklustre. Arrivals of the new crop estimated at 7,000 bags (1bag=85kg) compared with 5,000 bags. Limited purchases from the malt industry also weighed on prices.
Romania/Barley exports were two times lower y/y.
Barley prices in Jaipur at 1-week low on high supply.
Futures contracts of barley fell on the NCDEX tracking key spot markets in Jaipur. Prices of barley fell in Jaipur because of increased arrivals amid lacklustre demand from stockists and feed sector. Arrivals of the new crop were pegged at 5,000 bags (1bag=85kg) compared with 4,000 bags.
NCDEX barley down tracking weakness in spot market.
NCDEX barley up on bargain buying post 1-year low.
Barley prices up in Jaipur as supplies decline