Commodity picks: 12 October, 2020

Chana

Festive demand will keep buyers active, while limited availability will support prices. The price in the Delhi market is expected to move to Rs 5,700-Rs 5,725 per quintal, from the current price of Rs 5,650 per quintal, in the week ahead

Soybean

Soybean at the benchmark Indore market was trading at Rs 3,983 per quintal. For the week ahead, the price is expected to head to Rs 4,010- Rs 4,025 per quintal. Strong demand from processors due to attractive crush margins will keep the price higher

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Prerana Desai, Research head, Edelweiss Agri Services and Credit