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YOUR MINTVISORY Call us at +91-731-6642300
DAILY AGRI COMMODITY REPORT
25th AUGUST 2014
Our Presence
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DAILY WRAP UP
MONTH OPEN HIGH LOW CLOSE % CHG OI (in Lots) VOL
DHANIYA
SEP 12250 12305 12150 12185 -0.90
7080 5720
INTRADAY
LEVELS
SUPPORT SUPP. 1
12122
SUPP. 2
12058
PIVOT
12213
RESISTANCE
RES. 1
12277
RES. 2
12368
Dhaniya short term trend is
down, and furthermore
down is expected in coming
days.
MONTH OPEN HIGH LOW CLOSE
%
CHANGE
OI (in
lots)
VOL
CASTORSEED
SEP 4313 4313 4250 4272 -1.45 44750
30020
INTRADAY
LEVELS
SUPPORT
SUPP. 1
4244
SUPP. 2
4215
PIVOT
4278
RESISTANCE
RES. 1
4307
RES. 2
4341
Castorseed Short term trend is
down. Price expected to go
down in coming days
.
SOYABEAN
OCT. 3488 3488 3398 3414 0.12 73470 61110
INTRADAY
LEVELS
SUPPORT
SUPP. 1
3379
SUPP. 2
3343
PIVOT
3433
RESISTANCE
RES. 1
3469
RES. 2
3523
Soyabean price is in down
trend and may continue in
upcoming days.
GUARGUM
OCT. 17860 18000 17590 17600 -3.93 544 456
INTRADAY
LEVELS
SUPPORT
SUPP. 1
17460
SUPP. 2
17320
PIVOT
17730
RESISTANCE
RES. 1
17870
RES. 2
18140
Guargum Short term trend
is up, Expecting price may
go up in coming days.
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YOUR MINTVISORY Call us at +91-731-6642300
NCDEX INDICES
FUNDAMENTAL AND MANDI REPORT
Index Value Pre. Close % Change
CASTORSEED 4208 4266 -1.36
CHANA 2892 2935 -1.47
CORIANDER 11825 11945 -1.00
COTTON SEED OILCAKE 1799 1807 -0.44
JEERA 11190 11270 -.71
MUSTARD SEED 3496 3448 1.39
SOYBEAN 3414 3410 0.12
SUGAR M GRADE 3055 3038 0.56
TURMERIC 6598 6692 -1.4
TOP LOSERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE
CHANGE
%
REFINED SOY OIL 19-09-2014 615.00 -10.40 -1.66%
CHANA 19-09-2014 2892.00 -43.00 -1.47%
TURMERIC 19-09-2014 6598.00 -94.00 -1.40%
CASTOR SEED NEW 19-09-2014 4208.00 -58.00 -1.36%
TOP GAINERS
SYMBOL
EXPIRY
DATE
CURRENT
PRICE
CHANGE
CHANG
E %
RAPESEED-MUSTARD
SEED
19-09-2014 3488.00 40.00 1.16%
SUGAR M GRADE 19-09-2014 3053.00 15.00 0.49%
SOYABEAN 20-10-2014 3422.00 12.00 0.35%
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COMMODITIES IN NEWS
SUGAR
Sugar prices were down by 0.33 per cent to Rs 3,040 per quintal in futures
trade today as speculators reduced positions on subdued demand from
bulk consumers in the spot market amid ample stock positions. At the Na-
tional Commodity and Derivatives Exchange, sugar for delivery in Octo-
ber fell by Rs 10, or 0.33 per cent, to Rs 3,040 per quintal with an open
interest of 2,030 lots. The September contract shed Rs 2, or 0.07 per cent,
to Rs 3,036 per
GUARGUM
Guar gum prices declined by Rs 470 to Rs 17,650 per quintal in futures
trading today as speculators trimmed positions in tune with weak export
and domestic spot demand.
.Market men said participants offloaded positions amid weak cues from
global markets. Besides, increased supply of guar seed from growing belts
amid slackness in demand of guar gum at physical markets too weighed
onprices, they added. At the National Commodity and Derivatives Ex-
change counter, guar gum prices for October contract slipped by Rs 470,
or 2.59 per cent, to Rs 17,650 per quintal,
REF. SOYA OIL
Refined soya oil prices declined 0.66 per cent to Rs 621.25 per 10 kg in fu-
tures trading today as speculators reduced positions amid sluggish demand
in the spot market. At the National Commodity and Derivatives Ex-
change, refined soya oil for delivery in September fell by Rs 4.15, or 0.66
per cent, to Rs 621.25 per 10 kg with an open interest of 95,785 lots. The
October contract shed Rs 2.20, or 0.38 per cent, to Rs 584.40 per 10 kg in
87,720 lots. Analysts said offloading of positions by speculators due to
subdued demand in the spot market against adequate stocks position
mainly led to the fall in refined soya oil prices at futures trade.
ECONOMIC NEWS
Crop plantings have picked up further over the past
week but remain lower than year-earlier levels, with
monsoon rain deficits alarming wide in the northern
bread-basket states. Average rainfall in this monsoon
season that started in June was 19% below what is con-
sidered normal based on a 50-year average. According
to data from the India Meteorological Department, 21
out of the country's 36 subdivisions received normal
rainfall this season. But in Haryana and Punjab, the
states considered as India's bread basket, rains were
63% and 62% below normal, respectively. In West
Uttar Pradesh, the deficit was 54%, while it was 59% in
the Marathwada region and 53% in Telangana Strong
rainfall in east and south India helped rice plantings
expand to 33.52 million hectares from 33.38 million a
year ago.
Officials however said sowing was slow in Maharash-
tra, Assam and Andhra Pradesh. particularly in Guja-
rat, Andhra Pradesh and Tamil Nadu, at 16.83 million
hectares, Area under pulses - pigeon pea, urad bean
and moong bean - has dropped, largely in Maharashtra,
Karnataka and Rajasthan.
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YOUR MINTVISORY Call us at +91-731-6642300
FUNDAMENTAL AND MANDI REPORT
CASTORSEED
National Market Report
No major change in sentiments has been witnessed in castor market on
Friday. Cash market is likely to trade range bound in the weeks ahead as
weak demand restricts upward momentum. Planters are offering Rs 795
per 20 kg. In Mehsana and are unwilling to offer higher price for castor
seed at this point of time. Castor oil FOB quote is hovering in the range
of $1440 to $1442 per tonne. As area coverage has improved considera-
bly amid sluggish demand, any uptrend in the short term is unlikely.
Area coverage till 14th August has been registered at 5.52 lakh ha.,
higher than last year (4.89 lakh ha.) till date. Normal area for whole
kharif season is 10.37 lakh ha. Area under castor seed is likely to increase
at least by 9 to 10 percent from 9.83 to 10.54 lakh ha. in 2014-15. How-
ever, it would not impact price much in the third quarter.
International Update
FoB quote for castor oil at Kandla has increased from $1430 to $1440 for
export in last three days. Price has increased almost $10 per tonne today
despite lower quotes for seed. Buyers like China,EU and Japan may enter
in to the market in second half of August for bulk buying. Demand for
castor meal continues from EU, USA and China. However, recent dip has
slowed down fresh deal for the same. As buyers remain inactive FOB
price is bound to stay steady in the third week of August. Export quote
for meal increased slightly by $2 to $108 per tonne today. Price of castor
oil in Rotterdam too has increased from $1705to $1725 per metric tonne
during last one week. Buyers like EU, USA and China remain sidelined.
No major export trade was reported on Thursday and buyers are waiting
for a clear directional clue.
MARKET 20-Aug-14 19-Aug-14
MADHYA
PRADESH
22000 20000
MAHARASTRA 3000 8000
STOCK POSITION AT NCDEX WAREHOUSES
CENTER 22-Aug-14 21-Aug-14 %Change
SUMERPUR 3525 3950 -25
JODHPUR 3800 3800 UNCH
RAJKOT 3800 3750 UNCH
PATAN NR 4150 -
DEESA NR 4200 -
GONDLAL
3755 3780
-25
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COMMODITY NAME LOCATION PRICE
Bajra Jaipur
1245
Barley Jaipur 1490
Castor Seed Disa 4252.25
Castor Seed 1 MT Disa 4252.25
Chana Bikaner 2850
Chana Delhi 2960
Chana Indore 2984.8
Chana 1 MT Delhi 2960
Chilli Guntur 7363.65
Chilli Teja Khammam 10275
Coriander Kota 11343.2
Cotton Kadi 18644.55
COMMODITY NAME LOCATION PRICE
Maize - Feed/Industrial Grade Davengere 1360
Maize - Feed/Industrial Grade
Karimnagar
1372.5
Maize - Feed/Industrial Grade
Sangli
1475
Maize - Feed/Industrial Grade Delhi 1240
Mustardseed
Jaipur
3617.6
Mustardseed
Alwar
3661.5
Pepper Kochi 72290
Polyvinyl Chloride Mumbai 75185.2
RBD Palm Olein Kakinada 529.75
RBD Palmolein Kandla 527.5
Ref Soya Oil Nagpur 652.8
Ref Soya Oil Indore 633.25
SPOT QUOTES
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YOUR MINTVISORY Call us at +91-731-6642300
RECOMMENDATIONS
SELL DHANIYA BELOW 11810 TGT 11780-11730 SL 11860
BUY DHANIYA ABOVE 11905 TGT 11935-11985 SL 11855
SELL GUARGUM (BELOW 17400 TGT 17350-17250 SL 17490
BUY GUARGUM ABOVE 17730 TGT 17780-17880 SL 17640
SELL CASTORSEED BELOW 4185 TGT 4155-4105SL 4235
BUY CASTORSEED ABOVE 4235 TGT 4265-4315 SL 4185
SELL SOYBEAN BELOW 3375 TGT 3345-3295 SL 3425
BUY SOYBEAN ABOVE 3450 TGT 3480-3530 SL 3400
DHANIYA (SEP.) GUARGUM (OCT.)
SOYABEAN (OCT.)CASTORSEED (SEP.)
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YOUR MINTVISORY Call us at +91-731-6642300
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any re-
sponsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most.
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up
on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility.
The information given herein should be treated as only factor, while making investment decision. The report does not provide individually
tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and
encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on
the information given in this report, which is in violation of rules and regulations of NSE and BSE.
The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all es-
timates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks
recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views ex-
pressed as a recommendation for which either the site or its owners or anyone can be held responsible for. Any surfing and reading of
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Investment in equity & bullion market has its own risks.
We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any
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Daily agri report by epic research 25 aug 2014

  • 1. YOUR MINTVISORY Call us at +91-731-6642300 DAILY AGRI COMMODITY REPORT 25th AUGUST 2014 Our Presence Epic Research India 411 Milinda Manor (Suites 409- 417) 2 RNT Marg. Opp Cental Mall Indore (M.P.) Hotline: +91 731 664 2300 Alternate: +91 731 664 2320 Or give us a missed call at 026 5309 0639 HNI & NRI Sales Contact Australia Mintara Road, Tarneit, Victoria. Post Code 3029 Phone.: +61 422 063855 HNI & NRI Sales Contact USA 2117 Arbor Vista Dr. Charlotte (NC) Cell: +1 704 249 2315 Toll Free Number 1-800-200-9454 All queries should be directed to Info@epicresearch.co Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
  • 2. YOUR MINTVISORY Call us at +91-731-6642300 DAILY WRAP UP MONTH OPEN HIGH LOW CLOSE % CHG OI (in Lots) VOL DHANIYA SEP 12250 12305 12150 12185 -0.90 7080 5720 INTRADAY LEVELS SUPPORT SUPP. 1 12122 SUPP. 2 12058 PIVOT 12213 RESISTANCE RES. 1 12277 RES. 2 12368 Dhaniya short term trend is down, and furthermore down is expected in coming days. MONTH OPEN HIGH LOW CLOSE % CHANGE OI (in lots) VOL CASTORSEED SEP 4313 4313 4250 4272 -1.45 44750 30020 INTRADAY LEVELS SUPPORT SUPP. 1 4244 SUPP. 2 4215 PIVOT 4278 RESISTANCE RES. 1 4307 RES. 2 4341 Castorseed Short term trend is down. Price expected to go down in coming days . SOYABEAN OCT. 3488 3488 3398 3414 0.12 73470 61110 INTRADAY LEVELS SUPPORT SUPP. 1 3379 SUPP. 2 3343 PIVOT 3433 RESISTANCE RES. 1 3469 RES. 2 3523 Soyabean price is in down trend and may continue in upcoming days. GUARGUM OCT. 17860 18000 17590 17600 -3.93 544 456 INTRADAY LEVELS SUPPORT SUPP. 1 17460 SUPP. 2 17320 PIVOT 17730 RESISTANCE RES. 1 17870 RES. 2 18140 Guargum Short term trend is up, Expecting price may go up in coming days. Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
  • 3. YOUR MINTVISORY Call us at +91-731-6642300 NCDEX INDICES FUNDAMENTAL AND MANDI REPORT Index Value Pre. Close % Change CASTORSEED 4208 4266 -1.36 CHANA 2892 2935 -1.47 CORIANDER 11825 11945 -1.00 COTTON SEED OILCAKE 1799 1807 -0.44 JEERA 11190 11270 -.71 MUSTARD SEED 3496 3448 1.39 SOYBEAN 3414 3410 0.12 SUGAR M GRADE 3055 3038 0.56 TURMERIC 6598 6692 -1.4 TOP LOSERS SYMBOL EXPIRY DATE CURRENT PRICE CHANGE CHANGE % REFINED SOY OIL 19-09-2014 615.00 -10.40 -1.66% CHANA 19-09-2014 2892.00 -43.00 -1.47% TURMERIC 19-09-2014 6598.00 -94.00 -1.40% CASTOR SEED NEW 19-09-2014 4208.00 -58.00 -1.36% TOP GAINERS SYMBOL EXPIRY DATE CURRENT PRICE CHANGE CHANG E % RAPESEED-MUSTARD SEED 19-09-2014 3488.00 40.00 1.16% SUGAR M GRADE 19-09-2014 3053.00 15.00 0.49% SOYABEAN 20-10-2014 3422.00 12.00 0.35% Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
  • 4. YOUR MINTVISORY Call us at +91-731-6642300 COMMODITIES IN NEWS SUGAR Sugar prices were down by 0.33 per cent to Rs 3,040 per quintal in futures trade today as speculators reduced positions on subdued demand from bulk consumers in the spot market amid ample stock positions. At the Na- tional Commodity and Derivatives Exchange, sugar for delivery in Octo- ber fell by Rs 10, or 0.33 per cent, to Rs 3,040 per quintal with an open interest of 2,030 lots. The September contract shed Rs 2, or 0.07 per cent, to Rs 3,036 per GUARGUM Guar gum prices declined by Rs 470 to Rs 17,650 per quintal in futures trading today as speculators trimmed positions in tune with weak export and domestic spot demand. .Market men said participants offloaded positions amid weak cues from global markets. Besides, increased supply of guar seed from growing belts amid slackness in demand of guar gum at physical markets too weighed onprices, they added. At the National Commodity and Derivatives Ex- change counter, guar gum prices for October contract slipped by Rs 470, or 2.59 per cent, to Rs 17,650 per quintal, REF. SOYA OIL Refined soya oil prices declined 0.66 per cent to Rs 621.25 per 10 kg in fu- tures trading today as speculators reduced positions amid sluggish demand in the spot market. At the National Commodity and Derivatives Ex- change, refined soya oil for delivery in September fell by Rs 4.15, or 0.66 per cent, to Rs 621.25 per 10 kg with an open interest of 95,785 lots. The October contract shed Rs 2.20, or 0.38 per cent, to Rs 584.40 per 10 kg in 87,720 lots. Analysts said offloading of positions by speculators due to subdued demand in the spot market against adequate stocks position mainly led to the fall in refined soya oil prices at futures trade. ECONOMIC NEWS Crop plantings have picked up further over the past week but remain lower than year-earlier levels, with monsoon rain deficits alarming wide in the northern bread-basket states. Average rainfall in this monsoon season that started in June was 19% below what is con- sidered normal based on a 50-year average. According to data from the India Meteorological Department, 21 out of the country's 36 subdivisions received normal rainfall this season. But in Haryana and Punjab, the states considered as India's bread basket, rains were 63% and 62% below normal, respectively. In West Uttar Pradesh, the deficit was 54%, while it was 59% in the Marathwada region and 53% in Telangana Strong rainfall in east and south India helped rice plantings expand to 33.52 million hectares from 33.38 million a year ago. Officials however said sowing was slow in Maharash- tra, Assam and Andhra Pradesh. particularly in Guja- rat, Andhra Pradesh and Tamil Nadu, at 16.83 million hectares, Area under pulses - pigeon pea, urad bean and moong bean - has dropped, largely in Maharashtra, Karnataka and Rajasthan. Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
  • 5. YOUR MINTVISORY Call us at +91-731-6642300 FUNDAMENTAL AND MANDI REPORT CASTORSEED National Market Report No major change in sentiments has been witnessed in castor market on Friday. Cash market is likely to trade range bound in the weeks ahead as weak demand restricts upward momentum. Planters are offering Rs 795 per 20 kg. In Mehsana and are unwilling to offer higher price for castor seed at this point of time. Castor oil FOB quote is hovering in the range of $1440 to $1442 per tonne. As area coverage has improved considera- bly amid sluggish demand, any uptrend in the short term is unlikely. Area coverage till 14th August has been registered at 5.52 lakh ha., higher than last year (4.89 lakh ha.) till date. Normal area for whole kharif season is 10.37 lakh ha. Area under castor seed is likely to increase at least by 9 to 10 percent from 9.83 to 10.54 lakh ha. in 2014-15. How- ever, it would not impact price much in the third quarter. International Update FoB quote for castor oil at Kandla has increased from $1430 to $1440 for export in last three days. Price has increased almost $10 per tonne today despite lower quotes for seed. Buyers like China,EU and Japan may enter in to the market in second half of August for bulk buying. Demand for castor meal continues from EU, USA and China. However, recent dip has slowed down fresh deal for the same. As buyers remain inactive FOB price is bound to stay steady in the third week of August. Export quote for meal increased slightly by $2 to $108 per tonne today. Price of castor oil in Rotterdam too has increased from $1705to $1725 per metric tonne during last one week. Buyers like EU, USA and China remain sidelined. No major export trade was reported on Thursday and buyers are waiting for a clear directional clue. MARKET 20-Aug-14 19-Aug-14 MADHYA PRADESH 22000 20000 MAHARASTRA 3000 8000 STOCK POSITION AT NCDEX WAREHOUSES CENTER 22-Aug-14 21-Aug-14 %Change SUMERPUR 3525 3950 -25 JODHPUR 3800 3800 UNCH RAJKOT 3800 3750 UNCH PATAN NR 4150 - DEESA NR 4200 - GONDLAL 3755 3780 -25 Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
  • 6. YOUR MINTVISORY Call us at +91-731-6642300 COMMODITY NAME LOCATION PRICE Bajra Jaipur 1245 Barley Jaipur 1490 Castor Seed Disa 4252.25 Castor Seed 1 MT Disa 4252.25 Chana Bikaner 2850 Chana Delhi 2960 Chana Indore 2984.8 Chana 1 MT Delhi 2960 Chilli Guntur 7363.65 Chilli Teja Khammam 10275 Coriander Kota 11343.2 Cotton Kadi 18644.55 COMMODITY NAME LOCATION PRICE Maize - Feed/Industrial Grade Davengere 1360 Maize - Feed/Industrial Grade Karimnagar 1372.5 Maize - Feed/Industrial Grade Sangli 1475 Maize - Feed/Industrial Grade Delhi 1240 Mustardseed Jaipur 3617.6 Mustardseed Alwar 3661.5 Pepper Kochi 72290 Polyvinyl Chloride Mumbai 75185.2 RBD Palm Olein Kakinada 529.75 RBD Palmolein Kandla 527.5 Ref Soya Oil Nagpur 652.8 Ref Soya Oil Indore 633.25 SPOT QUOTES Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
  • 7. YOUR MINTVISORY Call us at +91-731-6642300 RECOMMENDATIONS SELL DHANIYA BELOW 11810 TGT 11780-11730 SL 11860 BUY DHANIYA ABOVE 11905 TGT 11935-11985 SL 11855 SELL GUARGUM (BELOW 17400 TGT 17350-17250 SL 17490 BUY GUARGUM ABOVE 17730 TGT 17780-17880 SL 17640 SELL CASTORSEED BELOW 4185 TGT 4155-4105SL 4235 BUY CASTORSEED ABOVE 4235 TGT 4265-4315 SL 4185 SELL SOYBEAN BELOW 3375 TGT 3345-3295 SL 3425 BUY SOYBEAN ABOVE 3450 TGT 3480-3530 SL 3400 DHANIYA (SEP.) GUARGUM (OCT.) SOYABEAN (OCT.)CASTORSEED (SEP.) Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
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