 "Barley dips on weak spot markets sentiment")
Barley futures for July plunged by Rs.20, or 1.41%, at Rs 1,396 per quintal in 240 lots.
At the National Commodity and Derivatives Exchange (NCDEX), the April contract eased by Rs 4, or 0.30%, to Rs 1,320.50 per quintal in 3,700 lots.
Prices slid due to increased selling by traders, driven by weak physical markets sentiment.
Fall in demand from beer and cereal making industries was another reason behind the downtrend.
At the National Commodity and Derivatives Exchange (NCDEX), the April contract eased by Rs 4, or 0.30%, to Rs 1,320.50 per quintal in 3,700 lots.
Prices slid due to increased selling by traders, driven by weak physical markets sentiment.
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Accelerating in supply against mainly weighed on futures price.
Fall in demand from beer and cereal making industries was another reason behind the downtrend.