· Further profit booking gets noted for the Agri commodities after the recent highs. But reports of possibilities of adverse weather conditions in North, North-West and Central India during weekend could again provide some support to the prices in coming week.
· Crop damage and lower production reports are likely to keep sentiments firm from a medium to long term point of view as exports and domestic demand too start rising.
· IMD predictions of Monsoon arrival by 3rd week of the month would be important as any adverse report on the Monsoon arrival would perk up prices further. Prospects of El-Nino affecting the Monsoon adversely are there.