Barley prices declined by Rs 13 to Rs 1,100 per quintal in future trade today following increase selling by traders in tandem with a weak spot market sentiment.
Marketmen said increased supply and reduced offtake in physical markets mainly put pressure here on futures price of barley.
Slackness in demand from beer making industries also influenced the trading sentiments, they added.
At the National Commodity and Derivatives Exchange, September barley dropped by Rs 13 or 1.17% to Rs 1,100 per quintal, with an open interest of 2,890 lots.
The October contract also eased by Rs 6.20 or 0.54% to Rs.1,132.20 per quintal, having an open interest of 2,730 lots.
