)
Barley prices fell by Rs 25.50 to Rs 1,322.50 per quintal in futures trading today on increased selling, guided by weak spot market sentiment.
Marketmen said increased supply and reduced offtake in physical markets mainly led the fall here in futures prices.
A slowdown in demand from beer making industries also influenced the trading sentiment, they said.
Cheap avaiability of alternate for cattle-feed, too, helped in keping the prices under pressure, they added.
At the National Commodity and Derivatives Exchange, barley for current month July's contract slipped by Rs 25.50, or 1.86%, to Rs 1,322.50 per quintal, with an open interest of 11,130 lots.
Near August month contract also eased by Rs 22, or 1.60% to Rs 1,353 per quintal, in an open interest of 25,200 lots.
