Commodity Picks: 09 March, 2020

Soymeal is trading at Rs 31,600 per tonne at the benchmark Indore markets

Premium

For the week ahead, prices are expected to trade weak and head towards Rs 31,300 and then Rs 31,000 per tonne

Prerana Desai

1 min read Last Updated : Mar 09 2020 | 2:24 AM IST

Soy meal

Soymeal is trading at Rs 31,600 per tonne at the benchmark Indore markets. For the week ahead, prices are expected to trade weak and head towards Rs 31,300 and then Rs 31,000 per tonne. Weak demand from feed makers amid decline in placements due to the outbreak of coronavirus in India is expected to keep the undertone weak in near term.

Wheat

Wheat prices in the Indore market are trading at Rs 1,970 per quintal. Prices are expected to trade lower towards Rs 1,900 per quintal in a couple of weeks following approaching harvesting and

Topics : Commodity picks wheat Wheat prices

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in