Commodity Picks: 5th February 2018

Wheat

Wheat prices in Delhi are trading at Rs 1,800 per quintal. Prices are expected to trade lower towards Rs 1,780 per quintal given the approaching peak harvesting in central India and ample stocks across the value chain.

Sugar

Representative Image

Sugar prices in Kolhapur are trading at Rs 3,050 per quintal. In the coming days, prices are expected to trade lower towards Rs 3,000 per quintal following excess supply in domestic market and subdued buying by private players.