Business Standard

Commodity picks: October 22, 2019

Increasing pressure due to new crop arrival of soy beans and disparity in meal exports would keep meal prices under pressure

chana, chickpeas, gram
Premium

Prerana Desai
Soy meal

Soy meal prices at the benchmark Indore markets are trading at Rs 32,525 per tonne. During the this week, prices are expected to head towards Rs 32,000 per tonne. Increasing pressure due to new crop arrival of soy beans and disparity in meal exports would keep meal prices under pressure.

Chana

Chana prices are likely to witness a correction as demand is expected to slow down at higher prices and as most of the festive buying is complete. Prices in the Delhi market are expected to correct from Rs 4,600 to Rs 4,550/ 4,500 per quintal.


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