# Barley futures weaken on subdued spot cues

> Barley futures in India fell by Rs 23 to Rs 1,440 per quintal for August delivery on the National Commodity and Derivative Exchange. Traders cut positions amid weak spot markets and reduced demand from beer makers.

- Date: 2017-06-21 · published 2017-06-21T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/70545-barley-futures-weaken-on-subdued-spot-cues
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

The move reflects local Indian demand weakness, with little bearing on global feed barley prices.

## Read by commodity

- BARLEY: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/barley-futures-weaken-on-subdued-spot-cues-117062100472_1.html

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