DAILY-AGRI-REPORT BY EPIC RESEARCH 7 JAN 2013

Page 1

DAILY AGRI REPORT 7TH JANAURY 2013

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 HEADLINES Orders from East lift spot turmeric. Demand from the eastern States such as Bihar and West Bengal lifted spot turmeric by Rs 200 a quintal. Erode Turmeric Merchants Association President R.K.V. Ravishankar said that prices had been rising for the last three days and many exporters have received orders from Bihar and Kolkata. They are expecting more orders from other parts of the country. For

 Trading tip:

Sell Soybean Feb Below 3151

the last three days, quality turmeric is arriving for sale, so traders quoted higher. Pepper moves upon strong demand The pepper market shot up on strong domestic demand amid limited availability. All the contracts closed above the previous

TGTS-3125/3100 SL- 3175

day’s closing. Spot pepper availability was tight as was evident from the arrivals which have not picked as anticipated. Eight tonnes of fresh pepper arrived and the entire quantity was sold out at Rs 365-385.

EXPERT OPINION

Buy Chana Jan Above 3972 TGTS-4000/4030 SL-3940

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STOCK

S1

S2

R1

R2

CHANA

3894

3843

3989

4034

RM SEED

4110

4056

4198

4248

SOYABEAN

3121

3071

3198

3251

JEERA

14220

14070

14490

14640

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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

Chana GUR

18-Jan-13 7/19/2012

3925.00 1188

3946.00 1188

3898.00 1178

3937 1183.5

3941 1178

4 -5.5

0.1 -0.46

Chilli JEERA

20-Mar-13 7/19/2012

6230.00 14955

6280.00 14960

6216.00 14650

6232 15052.5

6240 14800

8 -252.5

0.13 -1.68

Gur KAPAS

20-Mar-13 7/19/2012

1104.00 1044

1106.50 1053

1098.00 1035

1102 1049

1104 1041

-82

0.18 -0.76

Jeera PEPPER

20-Mar-13 7/19/2012

14542.50 42300

14580.00 14340.00 42555 42250

14515 42390

14377.5 42435

-137.5 45

-0.95 0.11

REFKapas SOYA

28-Feb-13 7/19/2012

945.00 780.5

923 782.85

911.5 781.3

-11.5 -1.55

-1.25 -0.2

SOYPepper BEAN

20-Feb-13 7/19/2012

35250.00 4309

35315 4303

35395 4315

80 12

0.23 0.28

Ref Soya TURMERIC Oil

20-Feb-13 7/19/2012

688.20 4600

688.20 4676

681.10 4518

691.25 4664

683.5 4540

-7.75 -124

-1.12 -2.66

Soy Bean WHEAT

20-Feb-13 7/19/2012

3232.00 1251

3232.00 1282

3151.00 1251

3241 1246

3160 1282

-81 36

-2.5 2.89

Turmeric

19-Apr-13

6738

6772

6666

6730

6718

-12

-0.18

Wheat New

20-Feb-13

1554

1554

1520

1553

1520

-33

-2.12

DAILY MARKET STATISTICS

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945.00 783.6

904.50 777.4

35530.00 35200.00 4330 4265.5

CHG

PERCENTAGE CHANGE

-28

-0.61

CHANGE -102

PERCENTAGE -1.99 CHANGE

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 DAILY SOYABEAN CHART

ANALYSIS OPEN: 3212 HIGH: 3220 LOW: 3151 CLOSE: 3160

SOYABEAN LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE

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 DAILY CHANA CHART

ANALYSIS OPEN: 3937 HIGH: 3946 LOW: 3898 CLOSE: 3940

CHANA LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS

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