 "Barley down 1.5% on weak spot demand")
Barley prices fell by Rs 22.50 to Rs 1,405 per quintal in futures trade today following increased selling by traders, driven by weak spot markets sentiment.
Marketmen said slackness in demand from beer makers amid increased supply in physical markets mainly weighted prices.
Weak trend in overseas markets also influenced trading sentiments, they said.
Most active December contract slipped by Rs 18, or 1.32%, to Rs 1,341 per quintal, having an open interest of 6,520 lots.
Marketmen said slackness in demand from beer makers amid increased supply in physical markets mainly weighted prices.
Weak trend in overseas markets also influenced trading sentiments, they said.
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At the National Commodity and Derivatives Exchange, barley for May contract dropped by Rs 22.50, or 1.58%, to Rs 1,405 per quintal, with an open interest of 100 lots.
Most active December contract slipped by Rs 18, or 1.32%, to Rs 1,341 per quintal, having an open interest of 6,520 lots.