Barley futures rule flat on NCDEX

Barley futures ruled flat in the near term contracts, while June contracts traded lower on the account of subdued demand from beer and cattle-feed making industries against adequate stocks position in the physical market. The contract for May delivery was trading flat at its previous close of Rs 1280.00/ Quintal. The open interest of the contract stood at 390.00 lots on NCDEX. The contract for June delivery was trading at Rs 1297.00/ Quintal, down by 0.77% or Rs 10.00 from its previous closing of Rs 1307.00. The open interest of the contract stood at 15410.00 lots.