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Onion index falls by 11%

By Agriwatch.com.

The Agriwatch Agri Commodities Index fell..

By Agriwatch.com.

The Agriwatch Agri Commodities Index fell 0.74per cent to 109.06 during the week ended Sept 1, 2018 from 109.88 the previous week led by a broadbased decline in agri-commodity prices.

Onion Index fell 11per cent with onset of crop arrivals in South India while cereals and flood-hit Kerala commodities such as rubber, pepper and cardamom gained. The base for the Index and all sub-Indices is 2014 (= 100).

Seven of the nine commodity group sub-Indices and 20 of the 29 individual commodity sub-Indices declined this week.

The commodity group sub-Index values and their weekly changes are: Cereals: 116.09 (+0.53per cent), Pulses: 106.92 (-2.13per cent), Potato & Onion: 81.88 (-7.55per cent), Edible Oils: 111.16 (-1.16per cent), Oilseeds: 101.60 (-1.83per cent), Spices: 116.40 (+0.32per cent), Sweeteners: 102.35 (-1.26per cent), Fibres: 113.98 (-0.01per cent) and Other Non-Food Articles: 95.80 (+1.49per cent). Further details can be viewed on the ET website and on Agriwatch.com.

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