Barley futures traded lower on NCDEX on fall in demand from beer makers and other industries at the spot market. Moreover, ample stocks position following higher supply from the producing regions too fuelled the downtrend.
The contract for July delivery was trading at Rs 1410.00, down by 0.56% or Rs 8.00 from its previous closing of Rs 1418.00.The open interest of the contract stood at 1390.00 lots.
The contract for August delivery was trading at Rs 1418.50, down by 0.94% or Rs 13.50 from its previous closing of Rs 1432.00. The open interest of the contract stood at 6340 lots on NCDEX.