Potato, onion prices fall

The Agriwatch Agri Commodities Index fell 1.07 per cent to 109.53 during the week ended Nov 24, 2018 from 110.71 the previous week due to a sharp fall in prices of potato and onion. Sugar, pulses and edible oils also declined while cereals and cotton gained. The base for the Index and all sub-Indices is 2014 (= 100). Six of the nine commodity group sub-Indices and 17 of the 29 individual commodity sub-Indices ended lower during the week.

The group sub-Index values and their weekly changes are: Cereals: 118.87 (+0.86 per cent), Pulses: 120.62 (-2.57 per cent), Potato & Onion: 76.83 (-17.81 per cent), Edible Oils: 107.20 (-1.52 per cent), Oilseeds: 101.54 (+0.19 per cent), Spices: 120.45 (-0.10 per cent), Sweeteners: 99.22 (-1.95 per cent), Fibres: 117.84 (+0.88 per cent) and Other Non-Food Articles: 83.99 (-2.14 per cent). Further details can be viewed on the ET website and on Agriwatch.com.