Commodity Picks: 14 May 2018

During the coming days, prices of chana are expected to head towards Rs 3,600 per quintal

Chana

Chana is trading at Rs 3,550 per quintal prices at the Bikaner market. During the coming days, prices are expected to head towards Rs 3,600 per quintal. Robust buying interest from the government would tighten availability in the free market, thus lending support to the prices in near term.

Maize

Maize prices in Gulabbagh are trading at Rs 1,155 per quintal. Prices are expected to trade lower towards Rs 1,130 per quintal for the coming week following seasonal arrivals pressure and expected lethargic buying from south India.

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