Commodity picks: 31 August. 2020

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Commodity picks: 31 August. 2020

Cotton seed oil cake at Akola is shopping and selling at Rs 2,031 per quintal, while chana mark has rallied too steeply on the help of present constraints

Subject matters

Cotton seed | chana | Chana Prices

chana, chickpeas, gram

The cost is inclined to come aid 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 shopping and selling at Rs 2,031 per quintal. For the week forward, the associated charge is anticipated to head in direction of Rs 2,000 per quintal. Outmoded demand, factual sever prospects, and astronomical shares are anticipated to preserve the associated charge below stress.

Chana

The chana mark has rallied too steeply on the help of present constraints. Assign aside a matter to at a elevated mark is anticipated to slowdown as pipelines are filled. The cost is inclined to come aid down from Rs 4,955 to Rs 4,850 per quintal within the Delhi market.

Prerana Desai, Analysis head, Edelweiss Agri Services and products and Credit score

First Published: Sun, August 30 2020. 23: 55 IST

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