Daily agri report by epic research 18 aug 2014

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DAILY AGRI COMMODITY REPORT
18th AUGUST 2014
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DAILY WRAP UP
MONTH OPEN HIGH LOW CLOSE % CHG OI (in Lots) VOL
DHANIYA
SEP. 11820 11823 11551 11632 -1.99 43500 25270
INTRADAY
LEVELS
SUPPORT SUPP. 1
11501
SUPP. 2
11369
PIVOT
11684
RESISTANCE
RES. 1
11816
RES. 2
11999
Dhaniya is short term trend
is down, and further more
down is expected in coming
days.
MONTH OPEN HIGH LOW CLOSE
%
CHANGE
OI (in
lots)
VOL
CASTORSEED
SEP. 4331 4341 4275 4297 -1.20 179320 110450
INTRADAY
LEVELS
SUPPORT
SUPP. 1
4265
SUPP. 2
4233
PIVOT
4307
RESISTANCE
RES. 1
4339
RES. 2
4381
Castorseed is consolidating in
a range ,prices expected to go
up coming days
.
SOYABEAN
OCT. 3646 3648 3510 3510 -3.99 76270 101450
INTRADAY
LEVELS
SUPPORT
SUPP. 1
3464
SUPP. 2
3418
PIVOT
3556
RESISTANCE
RES. 1
3602
RES. 2
3694
Soyabean price is in down
trend and may continue in
upcoming days.
GUARGUM
OCT. 16250 16400 15730 15870 -1.37 11148 15038
INTRADAY
LEVELS
SUPPORT
SUPP. 1
15620
SUPP. 2
15370
PIVOT
16010
RESISTANCE
RES. 1
16260
RES. 2
16650
Guargum Short term trend is
up, Expecting price may go
up in coming days.

NCDEX INDICES
FUNDAMENTAL AND MANDI REPORT
Index Value Pre. Close
CastorSeed 4260 4308
Chana 2870 2897
Coriander 11400 11567
Cotton Seed Oilcake 1750 1740
Guarseed 5525 5405
Jeera 11145 11130
Mustard seed 3434 3525
SoyBean 3510 3656
Sugar M Grade 3080 3077
Turmeric 6450 6430
% Change
-1.11
-0.93
-1.44
0.57
2.22
0.13
-2.58
-3.99
0.1
0.31
TOP LOSERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE
CHANGE
%
SOYABEAN 20-10-2014 3510.00 -138.00 -3.78%
SHANKAR KAPAS 31-12-2014 996.00 -30.50 -2.97%
RAPESEED-MUSTARD
SEED
20-08-2014 3434.00 -83.00 -2.36%
REFINED SOYOIL 20-08-2014 656.60 -8.80 -1.32%
CASTORSEED NEW 20-08-2014 4260.00 -37.00 -0.86%
TOP GAINERS
SYMBOL
EXPIRY
DATE
CURRENT
PRICE
CHANGE
CHANGE
%
CORIANDER 20-08-2014 11400.00 42.00 0.37%
TURMERIC 20-08-2014 6450.00 24.00 0.37%
COTTON SEED OIL CAKE
AKOLA
20-08-2014 1750.00 5.00 0.29%

COMMODITIES IN NEWS
CORIANDER
Coriander prices fell by 1.75 per cent on Thursday at the National Commodity & De-
rivatives Exchange Limited (NCDEX) as the adequate stocks availability in the physical
market put pressure on coriander prices. At the NCDEX, coriander futures for August
2014 contract were trading at Rs. 11,365 per quintal, down by 1.75 per cent, after open-
ing at Rs. 11,330 against the previous closing price of Rs. 11,567. It touched the intra-
day low of Rs. 11,300 till the tradesman in the market. Coriander is common in South
Asian, Middle Eastern, Central Asian, Mediterranean, Indian, Tex-Mex, Latin American,
Portuguese, Chinese, African, and Scan dinavianing. (At 11.33 AM today). Sentiment
weakened further as speculators reduced their positions on the back of sluggish
JEERA
Jeera futures pared the previous gains on short selling on improved arrivals, weak de-
mand amid on technical cues. The NCDEX Jeera September delivery settled the day at
Rs 11,225, down Rs 85 or 0.75%. Selling extended in spot Jeera amid lack of demand at
elevated levels following rising arrivals. The total stocks in local mandies were almost
double of the previous year's level of 35 lakh bags due to record production in the cur-
rent year.
The NCDEX Jeera September delivery ended the day at Rs 11,225, down Rs 85 or 0.75%
and the open interest added 129 tones to 8,088 tones, indicating short selling.
SOYABEAN
According to ministry of agriculture, Kharif soybean sowing area has progressed to
107.77 lakh hectares as on 14 August 2014, but is still 10.96% lower than the 121.04 lakh
hectares sown by this time last year. Rains during the last 2-3 weeks support the sowing
pace over key growing belts and the numbers are likely to improve in the days ahead.
State wise details, in MP soybean has been sown in 56.59 lakh hectares, in Maharashtra
sowing reached to 35.12 lakh hectares and in Rajasthan sowing reached to 8.16 lakh
hectares. This index rose by 2.7 percent due to a spike in certain food articles like fruits
& vegetables, wheat and poultry & meat products.
ECONOMIC NEWS
 The July wholesale price inflation (WPI) came in at
5.19 percent (provisional), marginally higher than
CNBC-TV18 poll of 5.16 percent. The 2013 July
wholesale price inflation stood higher at 5.85 percent.
Alongside, the government has revised May inflation
numbers higher at 6.18 percent, marking it the third
revision of prices in recent months. However, July
core inflation declined to 3.32 percent against 3.9 per-
cent in the previous month. The movement of the in-
dex for the various commodity groups is summarized
below Primary Articles (Weight 20.12 percent): This
index rose by 2.7 percent due to a spike in certain food
articles like fruits & vegetables, wheat and poultry &
meat products.
 However, Primary Articles inflation saw a slight de-
cline to 6.78 percent versus 6.84 percent (MoM). The
non-food articles index rose marginally by 0.8 percent.
Food Article Index: This index rose to 3.56 percent in
July whereas food articles inflation grew to 8.43 per-
cent Vs 8.14 percent (MoM). Fuel & Power (Weight
14.91 percent): The index for this major group rose by
1.1 percent since June due to higher petrol, high speed
diesel and aviation turbine fuel prices. But fuel and
power group inflation declined to 7.40 percent from
9.04 percent in June. Manufactured Products

FUNDAMENTAL AND MANDI REPORT
CHANA
National Market Report
India's food production is estimated at 264.77 mn tons in 2013-14 compared to
257.13 mn tons in 2012-13 while kharif crop sowing till August 14 has risen to
876.70 lakh hectares. The production estimates for major crops for 2013-14 are as
follows: Total food grains – 264.77 million tonnes
-Rice – 106.54 million tonnes
-Wheat – 95.91 million tonnes
-Coarse Cereals – 43.05 million tonnes
-Maize – 24.35 million tonnes
-Pulses – 19.27 million tonnes
-Tur – 3.29 million tonnes
-Urad – 1.51 million tonnes
-Moong – 1.50 million tonnes
-Gram – 9.88 million tonnes
-Oilseeds – 32.87 million tonnes
International Update
NCDEX Chana futures price corrected, across contracts on dull buying. Valid
Chana stocks at NCDEX warehouse reported around 117884tons lower by 38tons
as on 11thAustralian Chana C&F price was around $530/535/ton. At Mumbai local
market Australian Chana traded steady at Rs.3050/quintal. Around 5containers
(100tons) of Australian Chickpeas arrived at Nhava Sheva port on 12/8/2014.
Around 34containers (680tons) of Tanzania Chana dal, 10containers (200tons) of
Ukraine Kabuli Chana arrived at Nhava Sheva port on 11/8/2014. At Chennai port,
around 8containers (160tons) of Chickpeas arrived on At Australian local market
Chana traded stable, 14/15 Chana crop traded at Mackay, Gladstone, Brisbane and
Newcastle reported at A$415/ton, A$420/ton for Sep-Oct shipment and at A$440/
ton and at A$435/ton for Oct-Nov shipment. 13/14 and 14/15 chickpea crop
quoted at A$445/ton and A$450/ton respectively.
STOCK POSITION AT NCDEX WAREHOUSES
Chana Price (Rs/qtl) in Major Spot Markets
DETAILS MARKET 13-AUG 14-AUG (+/-) CHG
Chana(Rajasthan)
Delhi
2950 2950 0
Chana(MP)
2925 2925 0
Chana (Kantewala)
Indore
2962 2958 -4
Chana (Mausami)
3038 3038 0
Chana (Vijay variety) Amravati
3000 3000 0
Chana (Vijay variety) Akola
2850 2825 -25
Chana (Local) Latur
3200 3100 -100
Chana(Local) Jaipur
2925 2925 0
Chana(Local) Jodhpur
2850 2850 0

COMMODITY NAME LOCATION PRICE
Castor Seed Disa 4281
Castor Seed 1 MT Disa 4281
Chana Bikaner 2830
Chana Delhi 2944.2
Chana Indore 2946.25
Chana 1 MT Delhi 2944.2
Chilli Guntur 7338.45
Chilli Teja Khammam 10340
Coriander Kota 11113.65
Cotton Kadi 18764.05
Cotton Seed (Industrial Grade) Akola 2300
Cotton Seed Oilcake Akola 1796.65
Cotton Seed Oilcake Kadi 1827.1
Crude Palm Oil Kandla 518.75
Guar Gum Jodhpur 15413.3
Guar Seed 10 MT Jodhpur 5600
Guarseed Jodhpur 5600
Guarseed Bikaner 5500
COMMODITY NAME LOCATION PRICE
Mustardseed Jaipur 3650
Mustardseed Alwar 3680.8
Ref Soya Oil Nagpur 669.9
Ref Soya Oil Indore 661.85
Ref Soya Oil Mumbai 651
RUBBER_NEW Kochi 13050
Soy Bean Kota 3923
Soy Bean Indore 3940
Soy Bean Nagpur 4080
Steel Long Mandi Gobindgarh 33650
Steel Long Commercial Thane 30800
Sugar M Grade Kolhapur 3070.7
Sugar M Grade Kanpur 3320
Sugar M Grade Erode 3173
Sugar M Grade Muzaffar Nagar 3295.45
SPOT QUOTES

RECOMMENDATIONS
SELL BELOW 11575 TGT 11545-11495 SL 11625
BUY ABOVE 11725 TGT 11755-11805 SL 11675
SELL BELOW 15750 TGT 15700-15600 SL 15840
BUY ABOVE 16100 TGT 16150 –15250 SL 16010
SELL BELOW 4270 TGT 4240-4190 SL 4320
BUY ABOVE 4320 TGT 4350-4400 SL 4270
SELL BELOW 3480 TGT 3450-3400 SL 3530
BUY ABOVE 3570 TGT 3600-3650 SL 3520
DHANIYA (SEP.) GUARGUM (OCT.)
SOYABEAN (OCT.)CASTORSEED (SEP.)

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Daily agri report by epic research 18 aug 2014

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Daily agri report by epic research 18 aug 2014