prices at the Indore spot market are trading at Rs 2,990 a quintal. For the week ahead, prices are expected to head towards Rs 3,030 a quintal. Declining arrivals at the spot market and good demand from processors amid positive crush margins would keep the undertone firm in the near term.
is trading at around Rs 5,241 a quintal in the Kota market. Prices are expected to trade higher at Rs 5,400 a quintal for the coming week on lower than expected sowing. In Gujarat, sowing so far is reported to be lower than last year.
V-P (research), Edelweiss Agri Services and Credit, Edelweiss Agri Value Chain