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Commodity picks: 24 August, 2020

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China says remnants of Long March 5B about to re-enter earth’s atmosphere

World7 minutes ago (May 08, 2021 11:35PM ET) (C) Reuters. FILE PHOTO: The Long March-5B Y2 rocket, carrying the core module of China's space station...

Afghan school blast toll rises to 58, families bury victims

World11 minutes ago (May 08, 2021 11:31PM ET) 5/5 (C) Reuters. People stand at the site of a blast in Kabul, Afghanistan May 8, 2021. REUTERS/Stringer...

Chinese rocket debris set for re-entry in coming hours- tracking centres

World47 minutes ago (May 08, 2021 08:55PM ET) (C) Reuters. FILE PHOTO: The Long March-5B Y2 rocket, carrying the core module of China's space station...

Putin to review Russian military might as tensions with West soar

World57 minutes ago (May 08, 2021 08:45PM ET) 2/2 (C) Reuters. FILE PHOTO: Russia's President Vladimir Putin waves as he leaves after the Victory Day Parade...
soybean

Soybean price is expected to trade weak and head towards Rs 3,800 and then Rs 3,750 per quintal.


Soybean


is trading at Rs 3,845 per quintal at the benchmark Indore Processors Association (SOPA) has released its first estimate for production for 2020-21 at 12.2 million tonne, against 9.3 million tonne during the corresponding period last season. Hence, the price is expected to trade weak and head towards Rs 3,800 and then Rs 3,750 per quintal.


Wheat


is trading at Rs 1,875 per quintal in Delhi. The prices is expected to trade lower towards Rs 1,850 per quintal following record stocks across the value chain and lethargic buying in the open market


Prerana Desai, Research head, Edelweiss Agri Services and Credit




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First Published: Sun, August 23 2020. 23:55 IST

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Latest article

China says remnants of Long March 5B about to re-enter earth’s atmosphere

World7 minutes ago (May 08, 2021 11:35PM ET) (C) Reuters. FILE PHOTO: The Long March-5B Y2 rocket, carrying the core module of China's space station...

Afghan school blast toll rises to 58, families bury victims

World11 minutes ago (May 08, 2021 11:31PM ET) 5/5 (C) Reuters. People stand at the site of a blast in Kabul, Afghanistan May 8, 2021. REUTERS/Stringer...

Chinese rocket debris set for re-entry in coming hours- tracking centres

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