Commodity Picks: 27 November, 2017
Barley prices in Jaipur are trading at Rs 1,507 a quintal
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Barley
Barley prices in Jaipur are trading at Rs 1,507 a quintal. Prices are expected to trade lower towards Rs 1,490 a quintal, led by subdued demand and excess stocks across the value chain. Higher sowing is also putting pressure.
Wheat
Wheat prices in Delhi are trading at Rs 1,825 a quintal. Prices are expected to trade lower towards Rs 1,800 a quintal, due to excess supplies in the domestic market and poor off-take by end-users.
Barley prices in Jaipur are trading at Rs 1,507 a quintal. Prices are expected to trade lower towards Rs 1,490 a quintal, led by subdued demand and excess stocks across the value chain. Higher sowing is also putting pressure.
Wheat
Wheat prices in Delhi are trading at Rs 1,825 a quintal. Prices are expected to trade lower towards Rs 1,800 a quintal, due to excess supplies in the domestic market and poor off-take by end-users.
V-P (research), Edelweiss Agri Services and Credit, Edelweiss Agri Value Chain