Barley prices fell by Rs 13 to Rs 1,471 per quintal in futures trading today as traders trimmed bets amid weak trend at the spot markets.
Market players attributed the subdued trend at the spot markets to the mounting stocks on steady inflow of supplies from producing belts against slackness in demand from beer makers.
At the National Commodity and Derivatives Exchange, barley for the most-active delivery in June eased by Rs 13, or 0.88 per cent, to Rs 1,471 per quintal, with a turnover of 11,480 open lots.
Likewise, barley delivery of the July contracts moved down by Rs 9.50, or 0.63 per cent, to Rs 1,490 per quintal, in an open interest of 7,660 lots.
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