Commodity picks: December 16, 2019

Chana prices are expected to move higher on the back of delayed crop and weather risk supporting the sentiments

A farmer casts urea on her mustard field in Allahabad
A farmer casts urea on her mustard field in Allahabad
Prerana Desai
1 min read Last Updated : Dec 15 2019 | 10:45 PM IST
Mustard seed
 
Mustard seed at the benchmark Jaipur market is trading at Rs 4,642 per quintal. For the week ahead, prices are expected to head towards Rs 4,675 per quintal. Positive crush margins and firm cues from edible oil would keep demand active from processors, thereby supporting higher prices.

Chana
 
Chana prices are expected to move higher on the back of delayed crop and weather risk supporting the sentiments. Prices are likely to move higher from Rs 4,469 to Rs 4,525 per quintal in Delhi market.


Prerana Desai, Research Head - Edelweiss Agri Services and Credit

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Topics :Commodity picksChana PricesMustard

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