Agri commodities traded on a mixed note, with orange juice emerging as the top performer, while coffee and cotton remained under pressure. Price action across agricultural futures highlighted sharp divergences in short- and medium-term performance, reflecting commodity-specific supply-demand dynamics.
Orange juice futures stood out on the upside, gaining 3.47% over the past week and 14.29% over the last one month. The commodity has also delivered a strong 24.09% return over three months, supported by supply concerns and weather-related disruptions in key producing regions. However, on a longer horizon, orange juice remains volatile, with prices still down over 21% on a six-month basis.
Cocoa prices showed a short-term rebound, rising 1.93% in the latest session and 0.45% over the past week. Despite the bounce, cocoa continues to reflect heavy losses, with prices down over 30% on a one-month and three-month basis, and more than 41% lower over six months, indicating sustained correction after last year’s sharp rally.
On the downside, coffee futures slipped 1.71%, extending their weakness. Coffee is down 1.63% over one month and 7.37% over three months, though it remains resilient on a longer-term view, still up over 23% in six months due to earlier supply tightness.
Other agri commodities showed muted movement. Corn and cotton remained largely flat to weak, while wheat and rapeseed posted modest gains on weekly and monthly timelines. Overall, the agri commodities basket continues to reflect selective strength, with momentum concentrated in a few contracts rather than broad-based participation.
