# Barley futures dip on spot demand

> Barley October futures on India's National Commodity and Derivatives Exchange fell Rs 27 to Rs 1,437 per quintal. Traders cut positions amid weak physical demand from beer makers and mounting stocks. November contracts also declined.

- Date: 2017-09-22 · published 2017-09-22T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/69039-barley-futures-dip-on-spot-demand
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Weak Indian barley demand and rising stocks point to soft domestic feed barley values. The effect on global barley prices is limited.

## Read by commodity

- BARLEY: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/barley-futures-dip-on-spot-demand-117092200499_1.html

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