DAILY-AGRI-REPORT BY EPIC RESEARCH 27 DEC 2012

Page 1

DAILY AGRI REPORT 27TH DECEMBER 2012

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ďƒ˜ HEADLINES Chana falls 1.64% on profit-booking. Chana prices fell by Rs 66 per quintal in futures market, as speculators booked profits, driven by a weak trend at the spot market

on subdued demand.

Expectations

of

higher

production this season also put pressure on the chana futures prices. At the National Commodity and Derivative Exchange, the January contract fell by Rs 66, or 1.64% per quintal, with

ďƒ˜ Trading tip:

an open interest of 63,490 lots. Supply increase to limit upside in turmeric prices

Buy RMSeed Jan Above 4085

Epic Research has come out with its report on spices. According to the research firm, rise in supply in major spot markets may limit sharp upside in turmeric prices. Turmeric

TGTS-4110/4140 SL- 4053

futures may gain support from higher offtake from stockists who are building inventories at lower price levels before the arrival of the new crop.

EXPERT OPINION

Buy Jeera Mar Above 14950 TGTS-15020/15100 SL-14875

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STOCK

S1

S2

R1

R2

CHANA

3861

3822

3956

4012

RM SEED

4122

4082

4223

4281

SOYABEAN

3181

3140

3271

3333

JEERA

14684

14424

15040

15212

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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

18-Jan-13 7/19/2012

4012 1188

4012 1188

3893 1178

4025 1183.5

3911 1178

-114 -5.5

-2.83 -0.46

Chilli JEERA

20-Mar-13 7/19/2012

6046 14955

6130 14960

6046 14650

6082 15052.5

6074 14800

-8 -252.5

-0.13 -1.68

Gur KAPAS

18-Jan-13 7/19/2012

1107.5 1044

1113 1053

1106 1035

1104 1049

1108 1041

-84

0.36 -0.76

Jeera PEPPER

20-Mar-13 7/19/2012

15235 42300

15260 42555

14805 42250

15275 42390

14895 42435

-380 45

-2.49 0.11

REFKapas SOYA

28-Feb-13 7/19/2012

972.5 780.5

972.5 783.6

963 777.4

990.5 782.85

963 781.3

-27.5 -1.55

-2.78 -0.2

SOYPepper BEAN

20-Feb-13 7/19/2012

34900 4309

34950 4330

33915 4265.5

34920 4303

34045 4315

-875 12

-2.51 0.28

Ref Soya TURMERIC Oil

18-Jan-13 7/19/2012

696 4600

698.8 4676

688.7 4518

694 4664

697.4 4540

3.4 -124

0.49 -2.66

Soy Bean WHEAT

18-Jan-13 7/19/2012

3227.5 1251

3239 1282

3191.5 1251

3229.5 1246

3220 1282

-9.5 36

-0.29 2.89

Turmeric

19-Apr-13

6300

6500

6252

6294

6488

194

3.08

Wheat New

18-Jan-13

1587

1595

1586

1585

1592

7

0.44

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: 3229 HIGH: 3239 LOW: 3192 CLOSE: 3220

SOYABEAN LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE

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 DAILY CHANA CHART

ANALYSIS OPEN: 4000 HIGH: 4000 LOW: 3893 CLOSE: 3911

CHANA LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: SELL ON RISE

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