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08 Dec 2016 | 12:06 AM
Research Report
Daily

Commodity Research Report: Agri Fundamental Report

Highlights: Agri markets traded down during 1st week of the new year as lack of strong demand kept pressure on the prices. Prices for most commodities however kept bouncing back from the lower levels indicating some support to the prices. Rates however are expected to pick up only once exports start rising. Some panic in the global markets mainly from China too kept apprehensions of export demand getting adversely affected from that country. The higher levels could not be sustained for Chana, Guar after some initial recovery even as pick up in demand is expected in coming weeks. Spices and oil complex did show moderate recovery but the uptrend was limited by lack of strong demand in mandis amidst weakness in International markets for oil complex.
11 Jan 2016 | 09:25 AM

Highlights:

  • Agri markets traded down during 1st week of the new year as lack of strong demand kept pressure on the prices. Prices for most commodities however kept bouncing back from the lower levels indicating some support to the prices. Rates however are expected to pick up only once exports start rising. Some panic in the global markets mainly from China too kept apprehensions of export demand getting adversely affected from that country.
  • The higher levels could not be sustained for Chana, Guar after some initial recovery even as pick up in demand is expected in coming weeks.
  • Spices and oil complex did show moderate recovery but the uptrend was limited by lack of strong demand in mandis amidst weakness in International markets for oil complex.

 

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