# Barley futures plunge on weak spot cues

> Barley futures on India's National Commodity and Derivative Exchange fell Rs 26.50 (1.75%) to Rs 1,488.50 per quintal for November delivery. The decline followed weak physical markets, muted beer-maker demand and increased spot supplies.

- Date: 2017-10-31 · published 2017-10-31T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/68524-barley-futures-plunge-on-weak-spot-cues
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A routine domestic futures move in India with limited influence on international feed barley prices.

## Read by commodity

- BARLEY: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/barley-futures-plunge-on-weak-spot-cues-117103100418_1.html

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