Commodity picks: 31 August. 2020
Cotton seed oil cake at Akola is procuring and selling at Rs 2,031 per quintal, while chana model has rallied too steeply on the again of provide constraints
Matters
Cotton seed | chana | Chana Prices
The price is vulnerable to advance 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 ahead, the price is anticipated to cross in direction of Rs 2,000 per quintal. Typical ask, correct carve prospects, and vital stocks are anticipated to take the price beneath tension.
Chana
The chana model has rallied too steeply on the again of provide constraints. Place apart a matter to at a elevated model is anticipated to slowdown as pipelines are filled. The price is vulnerable to advance down from Rs 4,955 to Rs 4,850 per quintal within the Delhi market.
Prerana Desai, Research head, Edelweiss Agri Companies and products and Credit
First Printed: Sun, August 30 2020. 23: 55 IST