Business Standard

Commodity picks: September 30, 2019

Cotton seed oil cake prices at the benchmark Akola market are trading at Rs 3,400 per quintal

Cotton
Premium

Cotton

Prerana Desai
Cotton
 
Cotton benchmark price of good quality S6 in Rajkot is at around Rs 19,800 (MCX). The crop is sharply higher compared to the lower base last year. Imports have also been much higher than expected. Export parity remains elusive at current prices. Negative global cues, subdued demand and adverse currency movements will take prices to around 19,000 per bale or lower in the next few weeks.

Cotton seed oil cake (CoC)
 
CoC prices at the benchmark Akola market are trading at Rs 3,400 per quintal.  For the week ahead, CoC prices expected to decline by Rs  80-120 per quintal and

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