Barley prices fell by Rs 49.50 to Rs 1,350 per quintal in futures trade today on heavy liquidation by the speculators on weak physical markets.
Market players attributed the fall in barley futures prices to weak sentiments in physical markets amid mounting of stocks on constant supplies from producing belts amid limited offtake by beer makers.
At the National Commodity and Derivative Exchange, barley delivery for May contracts fell by Rs 49.50 or 3.54 per cent, to Rs 1,350 per quintal, with an open interest of 780 lots.
The delivery for the April contracts also tumbled down by Rs 46.50 or 3.39 per cent to Rs 1,325 per quintal, with a business turnover of 1,490 open lots.
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