NCDEX barley down on profit booking post 15-month high.

The most active August contract of barley was down on the NCDEX due to profit booking after prices hit a 15-month high of 1,602 rupees per 100 kg. On the NCDEX, the August contract was at 1,591 rupees per 100 kg, down 0.2%. A fall in prices of the grain in the benchmark spot market of Jaipur, also weighed on the contracts. Prices of barley were down in Jaipur due to weak demand from malt industries following concern over the quality of domestic stocks.