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Commodity picks: 5 October, 2020

Wheat is trading at Rs 1,792 per quintal in Delhi; The barley price in the Jaipur market is trading at Rs 1,367 per quintal

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Prerana Desai
Wheat

Wheat is trading at Rs 1,792 per quintal in Delhi. The price is expected to trade lower towards Rs 1,750 per quintal following record supplies and subdued demand from millers. Aggressive liquidation by the government will also put pressure on the price.

Barley

The barley price in the Jaipur market is trading at  Rs 1,367 per quintal. The prices is expected to trade lower towards Rs 1,340 per quintal following weak demand and ample arrivals of Bajra.

Prerana Desai, Research head, Edelweiss Agri Services and Credit