Barley prices fell by Rs 5.40, or 0.47 per cent, to Rs 1,042.40 per quintal in futures trading today on profit booking by traders at existing higher levels.
Marketmen said increased supply and reduced offtake by beer and cattle-feed makers at higher prices in physical markets, put pressure here in futures prices of barley.
At the National Commodity and Derivatives Exchange counter, barley prices for July-month contract dipped by Rs 5.40, or 0.47 per cent, to Rs 1,042.40 per quintal, with an open interest of 18,190 lots.
August month contract also went down by Rs 3.20 or 0.28 per cent to Rs 1,160 per quintal, with an open interest of 2,590 lots.
