Commodity picks
Chilli
Chilli prices in Guntur are currently at Rs 11,509 a quintal. The arrivals have commenced but are of inferior quality. Buyers are awaiting good-quality crop. The arrivals are expected to improve in coming days and can put further pressure on prices, which are expected to move towards Rs 11,300 a quintal.
Jeera
Jeera prices are trading at Rs 14,705 a quintal in Unjha physical market. Prices are expected to trade lower towards Rs 14,000 a quintal for the coming week, due to higher sowing across major growing regions and expected stock liquidation pressure by stockists ahead of commencement of fresh arrivals.
Prerana Desai,
Vice-president, research, agri value chain, Edelweiss Integrated Commodity Management
Chilli prices in Guntur are currently at Rs 11,509 a quintal. The arrivals have commenced but are of inferior quality. Buyers are awaiting good-quality crop. The arrivals are expected to improve in coming days and can put further pressure on prices, which are expected to move towards Rs 11,300 a quintal.
Jeera
Jeera prices are trading at Rs 14,705 a quintal in Unjha physical market. Prices are expected to trade lower towards Rs 14,000 a quintal for the coming week, due to higher sowing across major growing regions and expected stock liquidation pressure by stockists ahead of commencement of fresh arrivals.
Prerana Desai,
Vice-president, research, agri value chain, Edelweiss Integrated Commodity Management
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First Published: Jan 17 2016 | 10:03 PM IST