17.12.2012 - Bulls are ready to run over the agro basket
The year 2012 was very exciting for the agro-commodities market. High volatility and rising trading interests resulted in improved volumes in the futures market. There were many commodities, which gave significant returns especially during the initial eight-nine months before profit booking set in at higher levels. Volumes shot up on the exchanges and high liquidity was observed on counters that were not very liquid so far. Assisted by strong fundamental factors, we saw commodities like pepper, jeera, chana, kapas, cocud giving 50 per cent to 100 per cent returns in the first nine months itself before corrections occurred. Turmeric prices nearly doubled from their lows............................................Full Article: Source
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