Commodity picks: July 9, 2018

Chana is trading at Rs 3,750 per quintal at the Bikaner spot market

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Prerana Desai
Last Updated : Jul 08 2018 | 11:39 PM IST
Chana

Chana is trading at Rs 3,750 per quintal at the Bikaner spot market. In the coming days, 
prices are expected to head towards 
Rs 3,800-3,850 per quintal. Low availability in the free market amid robust demand from millers for upcoming festivals would keep prices firm in the near term.


Sugar

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Sugar prices at the benchmark Kolhapur market are trading at Rs 3,200 per quintal. During the week, sugar prices are expected to fall by Rs 50-100 per quintal and head towards Rs 3,100 per quintal. The current low prices in global markets will cap any gains in India.

Prerana Desai, VP-Research -Edelweiss Agri Services and Credit, Edelweiss Agri Value Chain 

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