Indian Indices
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Commodity (SPOT)
Currency (SPOT)
05 Dec 2016 | 10:12 PM
Research Report
Daily

Commodity Research Report: Agri Technical Report

Highlights: Monsoon arrives in Kerala after a 5 day delay. Projected 12% deficit may keep long term trend Bullish. But short term corrections may be there if rainfall progress towards North-West and Central India is satisfactory. In case Monsoon recovers in coming weeks, any strong uptrend may be limited. Prices fall across all sectors – be it Spices, Guar, Chana or Oil complex as improved Monsoon reports keeps pressurizing the market sentiments. The coming week’s trend too would be decided mainly by this factor. Prices for most agri commodities are at high levels. Any rains in Central and North-West India could help cool down prices further for the time being.
08 Jun 2015 | 08:58 AM

Highlights:

  • Monsoon arrives in Kerala after a 5 day delay. Projected 12% deficit may keep long term trend Bullish. But short term corrections may be there if rainfall progress towards North-West and Central India is satisfactory. In case Monsoon recovers in coming weeks, any strong uptrend may be limited.
  • Prices fall across all sectors – be it Spices, Guar, Chana or Oil complex as improved Monsoon reports keeps pressurizing the market sentiments.
  • The coming week’s trend too would be decided mainly by this factor. Prices for most agri commodities are at high levels. Any rains in Central and North-West India could help cool down prices further for the time being.
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