Commodity Picks: 21 January, 2019

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Strong demand from processors and declining pace of arrivals to keep the trend intact during the coming days

Soybean

Soybean prices at Indore are trading at Rs 3,754 per quintal and for the week ahead prices are expected to head towards Rs 3,825 per quintal. Strong demand from processors and declining pace of arrivals to keep the trend intact during the coming days.

NCDEX Tips
Maize

Maize prices in Gulabbagh are trading at Rs 1,964 per quintal. Prices are expected to trade higher towards Rs 2,000 per quintal following the shortage of supply due to lower Kharif production. Trailing Rabi maize sowing is also expected to support the prices of maize.

Disclaimer:- The views and investment tips expressed by investment experts are their own. Ripples Advisory advises users to check with certified experts before taking any investment decisions.

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