Business Standard

Commodity Picks: 23 April 2018

Cotton seed oil cake is trading at Rs 1,375 per quintal at the benchmark Kadi market

corn, maize, crop
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A harvester unloads corn to a cargo truck at a farm

Prerana Desai
Maize

Maize is trading near Rs 1,309 per quintal in Gulabbagh. Prices are expected to trade lower towards Rs 1,290 per quintal in the coming days following pressure on account of seasonal arrivals. However, the price fall will be limited due to the crop loss in Bihar on account of poor pollination.

Cotton seed oil cake

Cotton seed oil cake is trading at Rs 1,375 per quintal at the benchmark Kadi market. For the week ahead,  prices are expected to trade lower towards Rs 1,340 per quintal. Poor demand from cattle feed manufacturers coupled with subdued stockist interest will put pressure on cotton

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