BARLEY
Barley prices in Jaipur market are trading at Rs 1,480 a quintal. Prices are expected to move towards Rs 1,450 a quintal in a couple of weeks on approaching arrivals and stock liquidation pressure by private traders. Expected lower exports would also keep downward pressure on prices.
MUSTARD SEED
Mustard seed April contract prices on NCDEX currently trade at Rs 3,988 a quintal. The harvest of new crop has started in Gujarat. In Rajasthan, harvesting is expected to commence next week. The crop is in good condition and production is expected to be higher. So, prices are expected to trade weaker in the coming days and can move towards Rs 3,950 a quintal.
Prerana Desai
VP - research - Edelweiss Agri Services and Credit Edelweiss Integrated Commodity Management Ltd
Barley prices in Jaipur market are trading at Rs 1,480 a quintal. Prices are expected to move towards Rs 1,450 a quintal in a couple of weeks on approaching arrivals and stock liquidation pressure by private traders. Expected lower exports would also keep downward pressure on prices.
MUSTARD SEED
Mustard seed April contract prices on NCDEX currently trade at Rs 3,988 a quintal. The harvest of new crop has started in Gujarat. In Rajasthan, harvesting is expected to commence next week. The crop is in good condition and production is expected to be higher. So, prices are expected to trade weaker in the coming days and can move towards Rs 3,950 a quintal.
Prerana Desai
VP - research - Edelweiss Agri Services and Credit Edelweiss Integrated Commodity Management Ltd
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