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Agricultural commodities outperform industrial consumables in 2012

Posted on 04 January 2013

Agri commodities outperformed industrial consumables with an impressive margin in 2012 due to strong fundamental support from the American continent. While the drought in Brazil and Argentina kept the global sentiments firm, the Indian government’s decision to raise the minimum support price ( MSP) of agri produce helped the price remain on a firm footing.
On the other hand, demand for industrial commodities remained low due to the prevailing uncertainty in the global economy. Commodities like cardamom offered returns of 70 per cent followed by turmeric and soybean with 38 per cent and 29 per cent, respectively………………………………………..Full Article: Source


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