The Agriwatch Agri Commodities Index declined by 1.79% to 101.07 during the week ended Jan 3, 2016. The Index had ended 2015 at a level of 102.92 during the week ended Dec 27, 2015. The base for the Index is 2014 (= 100).
Seven of the nine commodity groups that comprise the Index declined during the week while two gained. The gainers were the Sweeteners group (Sugar, gur, khandsari) with a rise of 2.79% and Vegetables which gained 1.11% during the week.
However, these were easily offset by falls in all the remaining commodity groups. Significant declines were seen in the Pulses group (-3.73%), Cereals group (-1.85%), the Condiments & Spices group (-1.59%) and Oilseeds group (-1.5%). Other decliners were Other Non Food Articles (-0.98%) and Fibres (-0.90%).