Weekly Agri Report 15 APR 2019 By Epic Research

Page 1

15-APR-2019 TO 19 -APR-2019 WEEKLY AGRI COMMODITY REPORT

For More Information Please visit www.epicresearch.co or contact info@epicresearch.co Please refer to disclaimer at the end of the report.


WEEKLY AGRI COMMODITY REPORT Constituents

Expiry

LTP

Open

High

Low

Prev. Close Change

Barley

16-Apr-19

1725

1720

1734

1717.5

1715.5

0.55

Castor Seed

16-Apr-19

6076

6102

6102

5988

6030

0.76

Chana

16-Apr-19

4495

4475

4526

4464

4432

1.42

Coriander

16-Apr-19

7185

7186

7207

7170

7157

0.39

Cotton Seed Oilcake

16-Apr-19

2446

2420.5

2446

2420.5

2409

1.54

Guar Seed 10 MT

16-Apr-19

4450

4448

4454

4448

4442

0.18

Jeera

16-Apr-19

16360

16390

16440

16360

16325

0.21

Mustardseed

16-Apr-19

3771

3771

3771

3771

3742

0.77

Soy Bean

16-Apr-19

3730

3727

3730

3705

3683

1.28

Turmeric

16-Apr-19

6510

6598

6598

6510

6532

-0.34

Barley

16-Apr-19

1725

1720

1734

1717.5

1715.5

0.55

Castor Seed

16-Apr-19

6076

6102

6102

5988

6030

0.76


WEEKLY AGRI COMMODITY REPORT

Commodities In News India's money-losing sugar mills have run up a record $4.38 billion in arrears to 50 million cane farmers, who have gone unpaid for their produce for more than a year, industry and government sources said on Thursday. Years of bumper cane harvests and record sugar production have hammered domestic prices, hitting mills' financial health to such an extent that monies owed to farmers, who form an influential voting bloc, have ballooned to an all-time high. Farm leaders say Prime Minister Narendra Modi's government has not done enough to help them get the cash owed them. Modi's office did not respond to an email seeking comment. "The prime minister publicly promised farmers - in 2014 and 2017 - to help them get their payments within 15 days of selling their produce to sugar mills," said M.V. Singh, convener of the Rashtriya Kisan Mazdoor Sang, or National Forum of Farmers and Labourers. Despite the promise, Modi's government has done little to . to ensure timely payments, Singh said. The unpaid dues affect growers in the key cane-producing states of Uttar Pradesh, Maharashtra, Bihar, Punjab, Haryana and Karnataka.


WEEKLY AGRI COMMODITY REPORT

GUARGUM

BUY GUARGUM MAY ABOVE 9229 TARGET 9269 9329 9379 SL BELOW 9189 SELL GUARGUM MAY BELOW 9110 TARGET 9070 9010 8960 SL ABOVE 9170


WEEKLY AGRI COMMODITY REPORT

DHANIYA

BUY DHANIYA MAY ABOVE 7284 TARGET 7314 7344 7464 SL BELOW 7264 SELL DHANIYA MAY BELOW 7220 TARGET 7295 7135 7065 SL ABOVE 7260


WEEKLY AGRI COMMODITY REPORT For India: Info@epicresearch.co Address: 8th Floor, Atulya IT Park, Bhawarkua Main Rd, Indore, (M.P.) 452014 For United States- HNI& NRI Sales Contact: 2117 Arbor Vista Dr. Charlotte (NC)-Cell: +1 704 249 23 For Australia- HNI & NRI Sales Contact: Mintara Road, Tarneit, Victoria, Post Code 3029 Cell: +61 422 063855 Singapore- www.epicresearch.sg Contact +65-3158-1402 Malaysia- www.epicresearch.my Contact +60-3502-19047

LOVELESH SHARMA

Digitally signed by LOVELESH SHARMA DN: cn=LOVELESH SHARMA c=IN o=Personal Reason: I am the author of this document Location: Date: 2019-04-15 09:06+05:30

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