Mumbai, August 5 (CommoditiesControl): Tur Dal vs. Desi Tur in Akola - A Comprehensive Spread Chart Analysis
Key Insights:
Reference Range Stability: The analysis showcases that, since 2014, the reference range for the Tur Dal (Akola) vs Desi Tur (Akola) ratio spread has remained stable and well-defined between 1.30x to 1.50x. This stability indicates a consistent market pattern that traders can observe.
Recent Trend Shift: The spread appears to have turned higher from the lower threshold, with the latest readings registering near 1.31.
Potential for Expansion: Historical trends have been taken into account, reflecting the meaningful potential for the spread to expand from its current state.
Predicted Outperformance: The analysis results in a notable prediction that Tur Dal (Akola) may outperform Desi Tur (Akola) on a relative basis. In practical terms, this suggests that traders could consider selling raw Tur and buying Tur Dal to maximize their potential returns.
Trade Recommendation: On a relative trade basis, the analytical team recommends buying Tur Dal (Akola) and selling Desi Tur (Akola).
(By Commoditiescontrol Bureau: 09820130172)