Commodity Picks: 25 February, 2019

Soy bean
 

Soy bean is trading at  Rs 3,845 per quintal in Indore. During the coming days prices are expected to head towards Rs 3,785 per quintal. Weak demand from processors amid weak meal export commitments will weigh on prices.

Barley
 

Barley is trading at Rs  1,937 per quintal in Jaipur. Prices are expected to trade lower towards Rs  1,900 per quintal following approaching seasonal arrivals pressure and reports over imports of malt barley from Argentina.

Prerana Desai, 

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