22 Sep 2018 | 11:44 AM
Research Report
Daily

Commodity Research Report: Agri Fundamental and Technical report

Highlights: After the initial weakness in Agri markets, commodities bounced back strongly with near term sentiments now looking moderately firm. Reports of floods in many areas – mainly in Central and South India are creating apprehensions of crop damage. This would be Bullish for the long term, once confirmation is there. Rising export demand – aided by firm Dollar vs Rupee amidst rising Festive season demand – prices being fuelled further by rising Crude oil (Petrol and Diesel prices) are supporting market sentiments. Falling stocks with no new arrivals of crops too are keeping prices firm.
31 Aug 2018 | 10:38 AM

Highlights:

 

  • After the initial weakness in Agri markets, commodities bounced back strongly with near term sentiments now looking moderately firm.
  • Reports of floods in many areas – mainly in Central and South India are creating apprehensions of crop damage. This would be Bullish for the long term, once confirmation is there.
  • Rising export demand – aided by firm Dollar vs Rupee amidst rising Festive season demand – prices being fuelled further by rising Crude oil (Petrol and Diesel prices) are supporting market sentiments. Falling stocks with no new arrivals of crops too are keeping prices firm.