Thursday 25 June 2015

Monsoon in July critical for Indian agri market trends

Satisfactory progress of Monsoon keeps trend moderately weak for the Agri commodities over last few days. However, with apprehensions of Monsoon getting weak in July, it may support the market sentiments to some extent. 
Prices for most Agri commodities are trading at very low levels. Some recovery from here is not ruled out.

Sowing for the kharif crops are however reported to be progressing satisfactorily as overall rains remain above normal in June. The month of July too remains critical for the sowing aspects. 

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