Barley futures traded lower on NCDEX on subdued 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 August delivery was trading at Rs 1419.00, down by 0.73% or Rs 10.50 from its previous closing of Rs 1429.50.The open interest of the contract stood at 6420.00 lots.
The contract for September delivery was trading at Rs 1449.00, down by 0.51% or Rs 7.50 from its previous closing of Rs 1456.50. The open interest of the contract stood at 40 lots on NCDEX.