31.08.2016 - Commodity market bullish, but manufacturing demand may take more time to improve
The current scene in the commodity market can best be termed as a bit bullish. Production is rising in response to a certain surge in demand. Good monsoon is likely to enliven the agriculture sector and with that the increase in rural income is to translate into higher growth in demand for consumer goods and houses. The commodity prices are indeed moving up, but not uniformly across all products. From the next month onwards with the additional income in the hands of government employees, the boost in demand for household goods, real estate, automobile and travel would benefit these segments a great deal. The incoming festive seasons would only contribute positively..............................................Full Article: Source
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