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Agri commodity prices dip on high rabi output estimates
Futures prices fell 5-12% in December; trend may continue next year. Agri commodities prices eased in futures and spot markets due to higher rabi output expectations, more than the compensating figures for kharif losses. Prices of entire agri complex declined between 5 and 12 per cent in December which, analysts believe, is the beginning and may continue throughout next year. The decline in agri commodities’
Futures prices fell 5-12% in December; trend may continue next year. Agri commodities prices eased in futures and spot markets due to higher rabi output expectations, more than the compensating figures for kharif losses. Prices of entire agri complex declined between 5 and 12 per cent in December which, analysts believe, is the beginning and may continue throughout next year. The decline in agri commodities’
Agri-commodity prices surge
Barring rice and wheat, prices of almost all agricultural commodities and allied semi-processed food items have shot up over 20 per cent in the last one month on lower production estimates for the
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