The Agriwatch Agri Commodities Index gained 2.83% to 108.06 during the week ended Apr 9, 2016 from 105.08 during the previous week. The base for the Index is 2014 (= 100).
It was another volatile week as markets adjusted after the truncated previous week marked by extended market closure and thin arrivals due to Holi and financial year end.
Eight of the nine commodity group indices gained during the week led by Edible Oils (+4.79% w-o-w) and Pulses (+5.96%). The Fibres Index (+9.04%) and Spices Index (+7.61%) erased sharp declines in the previous week.
Other weekly gainers were the Cereals Index (+0.38%), Sweeteners Index (+0.4%), Oilseeds Index (+3.82%) and Other Non-Food Articles Index (+3.43%).
The only decliner was the Vegetables Index (-4.51%).