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07 Dec 2016 | 6:05 PM
Research Report
Daily

Commodity Research Report: Agri Fundamental Report

Agri markets continued to trade with high volatility with no strong direction
16 Feb 2016 | 09:23 AM

  • Agri markets continued to trade with high volatility with no strong direction. Prospects of rains in some parts of North-West and Central India this week along with new crop arrivals in coming weeks are preventing any strong recovery for the prices which are at very low levels. However rising domestic and apprehensions of rising export demand in coming weeks is continuously supporting prices.  
  • In case of slight rains in growing areas for Rabi crops, some short term downtrend may be noted. Otherwise, apprehensions of lower production along with expected firmness in demand could support prices.
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