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Commodity picks: September 18, 2017

Cotton oilcake prices are currently trading at Rs 1,500 a quintal in the Akola market

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Prerana Desai
Castor Seed
 
Castor seed prices are expected to trade higher on lower planting, amid good export demand. Prices at the Deesa market are expected to trade towards Rs 4,760 a quintal, from the current levels of Rs 4,684 a quintal.
 
Cotton oilcake
 
Cotton oilcake prices are currently trading at Rs 1,500 a quintal in the Akola market. Prices are moving lower due to weak demand from the cattle feed industry. Prices are expected to decline further towards Rs 1,470 per quintal in the coming days due to subdued demand and pressure on account of new crop arrival.

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