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05 Dec 2016 | 10:15 PM
Research Report
Daily

Commodity Research Report: Agri Fundamental Report

Moderate weakness persisted for Agri commodities as the recent Govt actions to control price rise kept pressurizing the market sentiments even as overall Fundamentals remained bullish from low production, falling stocks and rising Festive season demand. Chana, Guar failed to recover and some more dips were noted for both; lack of strong exports kept Guar down, while chana fell on actions on hoarders to check rising prices. Oil complex too traded weak on these factors but a rose in domestic demand could prevent prices from falling much on coming days.
26 Oct 2015 | 09:23 AM

  • Moderate weakness persisted for Agri commodities as the recent Govt actions to control price rise kept pressurizing the market sentiments even as overall Fundamentals remained bullish from low production, falling stocks and rising Festive season demand.
  • Chana, Guar failed to recover and some more dips were noted for both; lack of strong exports kept Guar down, while chana fell on actions on hoarders to check rising prices.
  • Oil complex too traded weak on these factors but a rose in domestic demand could prevent prices from falling much on coming days.

 

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