# Barley futures ease on weak spot demand

> 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.

- Date: 2018-05-22 · published 2018-05-22T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/8706-barley-futures-ease-on-weak-spot-demand
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Weak domestic Indian demand and rising spot supplies point to softer barley prices in India, with little effect on global feed grain markets.

## Read by commodity

- BARLEY: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/barley-futures-ease-on-weak-spot-demand-118052200304_1.html

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