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Commodity picks: 27 April, 2020

For the week ahead, the price of cotton seed oil cake could head towards Rs 1,990 per quintal

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

Prerana Desai Mumbai
Cotton seed oil cake
 
Logistic issues and good demand will keep cotton seed oil cake prices range bound, with a positive bias for the week ahead. The price at the benchmark Akola market is at Rs 1,965 per quintal. For the week ahead, the price could head towards Rs 1,990 per quintal.
 
Maize
 
Maize is trading at Rs 1,402 per quintal in Gulabbagh. Prices are expected to trade lower towards Rs 1,350 per quintal. Pressure on account of new arrivals and poor demand from poultry industry will keep maize prices lower going ahead.

Prerana Desai, Research Head - Edelweiss Agri

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