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Wednesday, September 30, 2020

Commodity picks: 31 August. 2020

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Cotton seed oil cake at Akola is procuring and selling at Rs 2,031 per quintal, whereas chana tag has rallied too steeply on the attend of provide constraints

Issues
Cotton seed | chana | Chana Costs

chana, chickpeas, gram

The price is likely to approach down from Rs 4,955 to Rs 4,850 per quintal within the Delhi market.

Cotton seed oil cake

Cotton seed oil cake at Akola is procuring and selling at Rs 2,031 per quintal. For the week forward, the price is anticipated to pass towards Rs 2,000 per quintal. Dilapidated question, honest correct slice possibilities, and gargantuan stocks are anticipated to attend the price below strain.

Chana

The chana tag has rallied too steeply on the attend of provide constraints. Question at a increased tag is anticipated to slowdown as pipelines are stuffed. The price is likely to approach down from Rs 4,955 to Rs 4,850 per quintal within the Delhi market.

Prerana Desai, Research head, Edelweiss Agri Products and services and Credit

First Printed: Solar, August 30 2020. 23: 55 IST

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Covid-19 news: UK funding for trials of rapid new coronavirus tests

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