Barley prices dropped Rs 25.50 to Rs 1,453 per quintal in future trading today following increased selling by traders in line with weak physical markets sentiment.
Marketmen said falling demand amid ample stocks position on regular supply from growing regions in spot markets mainly led the fall here in futures trading.
At the National Commodity and Derivatives Exchange, barley for June contract dipped by Rs 25.50, or 1.72%, to Rs 1,453 per quintal, with an open interest of 30 lots.
Most active January contract fell by Rs 4.50, or 0.31%, at Rs 1,437.50 per quintal, having an open interest of 5,650 lots.