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Special: Kharif Watch

Thursday, June 17, 2010

 
Commodities Special
June 17, 2010]
Summary of Contents
 
KHARIF WATCH
 

Key points

  • June 1-16 monsoon rains 5% below average for the country as a whole?Indian Meteorology Department (IMD).
  • June 1-16 monsoon rains 22% above average for the southern region.
  • June 1-16 monsoon rains 14% below average for the central region.
  • June 1-16 monsoon rains 23% below average for the east and the northeast regions.
  • Area under sugarcane cultivation in Uttar Pradesh may rise by 20% in 2010-11 with production targeted around 7 million tonne?industry.
  • The annual rate of inflation for primary articles calculated on a point-to-point basis stood at 16.86% for the week ended June 05, 2010 as compared to 17.21% for the previous week and 5.91% for the corresponding week of the previous year.
  • The annual food inflation for the week ended June 5, 2010 fell slightly to 16.12% from 16.55% for the week before.
  • Government declares farmer-friendly minimum support price (MSP) for Kharif crops.

Click here to read report: 
Kharif Watch
 
Regards,
The Sharekhan Research Team
myaccount@sharekhan.com

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posted by Anonymous @ 9:51 AM  

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