DAILY AGRI REPORT BY EPIC RESEARCH- 2 February 2013

Page 1

DAILY AGRI REPORT 2ND FEBRUARY 2013

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 HEADLINES Jeera futures fall 0.93 pc on higher output hopes. Jeera prices fell by 0.93 per cent to Rs 13,527.50 per quintal in futures trading as speculators trimmed positions largely on hopes of higher output this year. At the National Commodity and Derivatives Exchange, Jeera for delivery in April fell by Rs 127.50, or 0.93 per cent to Rs 13,527.50 per quintal with a n open interest of 5,688 lots. Similarly, the spice for delivery in

 Trading tip:

Buy Jeera Apr

the March contract declined by Rs 125, or 0.92 per cent, to Rs 13,440 per quintal in 11,466 lots. Spot turmeric gains as arrivals dip.

Above 13900

Poor arrival pushed up spot turmeric. Though exporters and

TGTS- 14000/14200

increased, as only 3,000 bags arrived. Of the arrival, 75 per

SL- 13800

traders did not receive upcountry orders, spot turmeric

cent stocks were sold, mostly to stockists. A few traders purchased the quality crop. The new crop will arrive within a few days,” said Erode Turmeric Merchants Association President R.K.V. Ravishankar.

Sell Chana Apr

EXPERT OPINION

Below 3489 TGTS-3460/3420 SL-3520

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STOCK

S1

S2

R1

R2

CHANA

3,451

3,401

3,541

3,598

RM SEED

3,423

3,377

3,523

3,587

SOYABEAN

3,221

3,164

3,341

3,398

JEERA

13700

13520

14000

14210

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PRODUCT NAME

EXP DATE

OPEN

HIGH

LOW

CLOSE

LTP

CHANA

7/19/2012

4556

4573

4525

4560

4532

PRODUCT CHILLI NAME

EXP DATE 7/19/2012

OPEN 5060

HIGH 5060

LOW 5018

CLOSE 5120

LTP 5018

CHANGE -102

Chana GUR

19-Apr-13 7/19/2012

3544 1188

3545 1188

3489 1178

3550 1183.5

3491 1178

-59 -5.5

-1.66 -0.46

Chilli JEERA

20-Mar-13 7/19/2012

7130 14955

7180 14960

7010 14650

7072 15052.5

7152 14800

80 -252.5

1.13 -1.68

Gur KAPAS

20-Mar-13 7/19/2012

1118 1044

1118 1053

1109 1035

1118 1049

1115 1041

-8-3

-0.27 -0.76

Jeera PEPPER

20-Mar-13 7/19/2012

13600 42300

13920 42555

13355 42250

13565 42390

13870 42435

305 45

2.25 0.11

REFKapas SOYA

28-Feb-13 7/19/2012

860 780.5

860 783.6

845 777.4

859 782.85

845 781.3

-14 -1.55

-1.63 -0.2

SOYPepper BEAN

20-Feb-13 7/19/2012

38690 4309

39150 4330

38690 4265.5

38745 4303

38850 4315

105 12

0.27 0.28

Ref Soya TURMERIC Oil

20-Feb-13 7/19/2012

738 4600

749.7 4676

737.8 4518

737.35 4664

748.7 4540

11.35 -124

1.54 -2.66

Soy Bean WHEAT

20-Feb-13 7/19/2012

3284 1251

3311 1282

3271 1251

3287.5 1246

3297 1282

9.5 36

0.29 2.89

Turmeric

19-Apr-13

6342

6344

6104

6342

6136

-206

-3.25

Wheat New

20-Feb-13

1554

1554

1525

1551

1529

-22

-1.42

DAILY MARKET STATISTICS

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CHG

PERCENTAGE CHANGE

-28

-0.61 PERCENTAGE -1.99 CHANGE

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 DAILY SOYABEAN CHART

ANALYSIS OPEN: 3287 HIGH: 3311 LOW: 3271 CLOSE: 3300

SOYABEAN LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS

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 DAILY CHANA CHART

v

ANALYSIS OPEN: 3550 HIGH: 3550 LOW: 3489 CLOSE: 3491

CHANA LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: SELL ON RISE

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