# Spot demand keeps barley futures higher

> Barley futures on India's National Commodity and Derivatives Exchange rose slightly on July 2, with the August contract up Rs 3.50 to Rs 1,494 per quintal. Traders cited stronger demand from beer makers and tight physical supplies.

- Date: 2018-07-02 · published 2018-07-02T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/64083-spot-demand-keeps-barley-futures-higher
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Routine futures moves tied to firm spot demand from brewers signal modest support for Indian barley prices. The change is small and does not point to a new supply shock.

## Read by commodity

- BARLEY: bullish ▲

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/spot-demand-keeps-barley-futures-higher-118070200314_1.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.