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Commodity picks: December 16, 2019

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

Prerana Desai 

A farmer casts urea on her mustard field in Allahabad
A farmer casts urea on her mustard field in Allahabad

seed

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

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

First Published: Sun, December 15 2019. 22:40 IST
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