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Commodity picks: 16 November, 2020

Soybean is trading at Rs 4,460 per quintal at the benchmark Indore markets; Seed prices at Deesa market are expected to trade towards Rs 4,570 - Rs 4,550 per quintal

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1 min read Last Updated : Nov 15 2020 | 11:59 PM IST

Soybean

Soybean is trading at Rs 4,460 per quintal at the benchmark Indore markets. During the week ahead, prices are expected to extend the firm tone and head towards Rs 4,480 and Rs 4,500 per quintal. Positive crush margins and declining farm arrivals are expected to keep the undertone bullish for soybean. Further supporting prices are bullish cues from global markets.

Castor seed

Seed prices at Deesa market are expected to trade towards Rs 4,570 - Rs 4,550 per quintal from current levels of Rs 4,650 per quintal on the back of subdued demand at higher price levels. Lower export demand ahead of

Topics : Soybean Soybean prices castor seed

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