Commodity picks: 20 April, 2020

For the week ahead, soymeal prices are expected to move towards Rs 35,500 per tonne

Chana
 

With supplies improving as mandis are opening up, prices in the Delhi market are expected to move lower. Chana prices in Delhi to move from Rs 4,425 to Rs 4,300 per quintal in the coming week.

Soymeal
 

Prices at the benchmark Indore market are at Rs 35,000 per tonne. For the week ahead, prices are expected to move towards Rs 35,500 per tonne. Slowdown in crushing operations due to low availability of raw material and shortage of labour has resulted in lower supply.