Barley prices fell by Rs 6.80 or 0.66 per cent to Rs 1,017 per quintal in futures trade today following aggressive selling by traders and weak market sentiment.
Marketmen said ample supply in the physical markets against weak demand from beer and cattle-feed makers held futures prices in red zone.
At the National Commodity and Derivatives Exchange counter, barley prices for May-month contract softened by Rs 6.80 or 0.66 per cent to Rs 1,017 per quintal, with an open interest of 4,420 lots.
Most active June-month contract too followed suit and slipped by Rs 6.60 or 0.64 per cent to Rs 1,031 per quintal, with an open interest of 12,040 lots.
