Commodity picks: 16 April, 2017

Mustard seed

Mustard seed is trading at Rs 3,937 per quintal at Jaipur spot markets. In the week ahead, prices are expected to head towards Rs 3,980. Slow pace of farmer selling amid good demand from processors could lend support to prices in the near term.

Guar seed

Guar seed prices in Jodhpur market are trading at Rs 4,115 per quintal. Prices are expected to trade higher towards Rs 4,250 following persistent export demand and lower arrivals.

Prerana Desai, V-P (research), Edelweiss Agri Services and Credit, Edelweiss Agri Value Chain