Commodity picks: 26 October, 2020

Cotton seed oil cake is trading at Rs 1,900 per quintal at the benchmark Akola market; The barley price in Jaipur is trading at Rs 1,431 per quintal

Cotton seed oil cake

Cotton seed oil cake is trading at Rs 1,900 per quintal at the benchmark Akola market. For the week ahead, the price is expected head towards Rs 1,850 per quintal or lower. Subdued demand and upcoming new season supplies are likely to keep the price under pressure

Barley

The barley price in Jaipur is trading at Rs 1,431 per quintal. The price is expected to trade higher towards Rs 1,500 per quintal following lower stocks and active buying by the malt industry in India

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Prerana Desai, Research head, Edelweiss Agri Services and Credit