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Commodity picks: August 21, 2017

Prices of red chilli likely to increase to Rs 5,600 a quintal and mustard seed to Rs 3,875 a quintal

Prerana Desai 

Red Chilli Red chilli prices in the Guntur market are currently trading at Rs 5,533 a quintal. Demand is expected to remain steady in the coming days and lower acreage would push prices higher. Prices are expected to increase over the coming days to Rs 5,600 a quintal. Mustard Seed Mustard seed prices in the spot market are trading at Rs 3,911 a quintal. Weak demand from processors due to negative margins might weigh on prices in the coming days. Prices are expected to head towards Rs 3,875 per quintal. Prerana Desai, V-P (research), Edelweiss Agri Services and ...

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First Published: Sun, August 20 2017. 23:58 IST
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