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Commodity picks: May 21, 2018

Mustard seed is trading at Rs 3,987 per quintal at the benchmark Jaipur market

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Genetically modified food has been opposed by activists and politicians in India due to fears that it could compromise food safety and biodiversity | Photo: Reuters

Prerana Desai

Last Updated : May 20 2018 | 9:21 PM IST

Mustard seed

Mustard seed is trading at Rs 3,987 per quintal at the benchmark Jaipur market. In the coming days, prices are expected to head towards Rs 4,030. Considering the robust procurement by the government, availability in free market has reduced and this would continue to support further rise in prices in the near term.

Castor seed

Castor seed is trading at Rs 4,005 per quintal at Deesa (Gujarat). Prices are likely to trade higher due to the expected decline in castor seed arrivals and good export demand for oil.

VP-Research -Edelweiss Agri Services and Credit, Edelweiss Agri Value Chain