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<b>Commodity picks:</b> 30 January, 2017

Cotton cake are currently trading at Rs 2,295 a quintal; mustard seeds is near Rs 4,207 a quintal

A farmer harvests cotton in his field
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A farmer harvests cotton in his field at Rangpurda village in Gujarat

Prerana Desai
Cotton cake

Cotton cake are currently trading at Rs 2,295 a quintal. While prices have seen a sharp rally, demand from stockists has started fading. Also, profit booking is expected at higher levels, which coupled with higher arrivals of Kapas and in turn cotton seed, could lead to prices moving lower towards Rs 2,260 a quintal.

Mustard seed 

The price of mustard seeds at Jaipur is hovering near Rs 4,207 a quintal. For the current week, prices are expected to head towards Rs 4,150-4,100 and in the medium-term below Rs 4,000 a quintal. Prospects of a 15.4 per cent year-on-year

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