The Agriwatch Agri Commodities Index declined by 0.54% to 101.80 during the week ended Jan 9, 2016 from 102.36 during the previous week. The Index has now declined for the third straight week. The base for the Index is 2014 (= 100).
Seven of the nine commodity groups that comprise the Index declined during the week, with the only exceptions being the Cereals Index (+1.10%) and Fibres Index (+0.05%). The Vegetables Index was again the main contributor to the weekly decline in the Overall Index, falling 6.46% during the week.
The other weekly decliners were the Pulses Index (-1.30%), Edible Oils Index (-1.50%), Oilseeds Index (-1.35%), Other Non-Food Articles Index (-3.79%), Spices & Condiments Index (-0.1%) and the Sweeteners Index (Sugar, Gur, Khandsari) which fell by 0.42% during the week after six straight weeks of gains.