Commodity Picks: 7 December 2020

Barley

Barley in Jaipur is trading at Rs 1,445 per quintal. The price is expected to trade higher at Rs 1,500 per quintal over the next couple of weeks following lower supplies and malt industry demand.

Chana

Bargain buying is expected to lift the price up marginally over the coming week.  However, gains will be capped by the higher acreage numbers. Chana in the Delhi market is expected to move towards Rs 5,125 per quintal, from the current price of Rs 5,050 per quintal.

---

Prerana Desai, Research head, Edelweiss Agri Services and Credit