17 Nov 2018 | 11:55 PM
Research Report
Daily

Commodity Research Report: Agri Fundamental and Technical report

Highlights: This Festival week, as we give a BULLISH update till New Year for all the Agri commodities in our Special Diwali report, agri markets are stabilizing at these levels for the time being. Lower sowing area for the Rabi crops is an early indication that lack of rains in many parts of India this year, with IMD predicting a shortfall in Monsoon rains in 31% areas, could keep sentiments firm for the market. We could well witness a moderate recovery in prices for most counters whose prices had been weighed down during the initial half of the year due to record last 2 years production.
05 Nov 2018 | 09:54 AM

Highlights:

 

  • This Festival week, as we give a BULLISH update till New Year for all the Agri commodities in our Special Diwali report, agri markets are stabilizing at these levels for the time being.
  • Lower sowing area for the Rabi crops is an early indication that lack of rains in many parts of India this year, with IMD predicting a shortfall in Monsoon rains in 31% areas, could keep sentiments firm for the market. We could well witness a moderate recovery in prices for most counters whose prices had been weighed down during the initial half of the year due to record last 2 years production.