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Barley futures on India's NCDEX fell Rs 5 (0.34%) to Rs 1,451 per quintal for June delivery, with July also down by the same margin to Rs 1,470. Speculators cut holdings amid weak spot demand from beer makers and growing supplies arriving in spot markets.
Weak domestic Indian demand and rising spot supplies point to softer barley prices in India, with little effect on global feed grain markets.
business-standard.comPress Trust of IndiaMay 22, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
