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08 Dec 2016 | 7:53 PM
Research Report
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Commodity Research Report: Agri Fundamental Report

Markets trade weak for Agri commodities as favorable reports on the Monsoon front keep trend weak. Rains till date are reported at 11% excess as per IMD.
16 Jun 2015 | 09:20 AM

  • Markets trade weak for Agri commodities as favorable reports on the Monsoon front keep trend weak. Rains till date are reported at 11% excess as per IMD. Though reports are still not favorable from the crucial areas of North-West India, yet the recent rains there have favorably impacted the sowing for kharif crops.
  • As per Government reports, the total sown area for kharif crop as on 12th June, as per reports received from States, stands at 75.10 lakh hectare as compared to 82.87 lakh hectare at this time last year. Thus even though the area sown is reportedly low, it is picking up pace as Monsoon picks up pace.
  • The Monsoon progress over the next few weeks would remain critical as the sowing for the kharif crops are dependent on that. Sentiments look bearish as of now though, as improved rainfall prospects seen in most parts of India.
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