DAILY AGRI REPORT 24TH DECEMBER 2012
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ďƒ˜ HEADLINES Soybean prices sink. Soybean prices collapsed by nearly $1.00, -6.5 percent, per bushel during the week, hammered lower by news China had canceled major soybean purchases from the United States. The canceled orders, which represented 540 million metric tons, are the largest cancellation in at least 14 years. American farmers are likely losing business to exports from Brazil and
ďƒ˜ Trading tip:
Argentina, where crop conditions are improving. Chana falls on higher output expectations.
Buy Cardmom Jan Above 1025
Indian chana futures fell due to expectations of higher output from a likely increase in the area under cultivation while the likelihood of higher imports also weighed. The most-active
TGTS-1050/1075 SL- 1007
chana contract for January delivery on the National Commodity and Derivatives Exchange was down 0.89 percent at 4,025 rupees per 100 kg as of 0834 GMT.
EXPERT OPINION
Sell Jeera Mar Below 15500 TGTS-15400/15300 SL-15600
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STOCK
S1
S2
R1
R2
CHANA
4001
3959
4098
4154
RM SEED
4213
4159
4299
4351
SOYABEAN
3251
3205
3341
3397
JEERA
15341
15171
15741
15918
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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
24-Dec-10 1188
4046.00 1188
4004.00 1178
4028.00 1183.5
4041 1178
13 -5.5
0.32 -0.46
Chilli JEERA
20-Mar-13 7/19/2012
28-Sep-16 14955
6150.00 14960
6000.00 14650
6080.00 15052.5
6078 14800
-2 -252.5
-0.03 -1.68
Gur KAPAS
18-Jan-13 7/19/2012
14-Jan-03 1044
1117.50 1053
1110.00 1035
1109.50 1049
1114.5 1041
-85
0.45 -0.76
Jeera PEPPER
20-Mar-13 7/19/2012
7-Nov-42 42300
15652.50 15500.00 42555 42250
15585.00 42390
15545 42435
-40 45
-0.26 0.11
REFKapas SOYA
28-Feb-13 7/19/2012
9-Oct-02 780.5
1013.00 783.6
996.50 782.85
1009.5 781.3
13 -1.55
1.3 -0.2
SOYPepper BEAN
20-Feb-13 7/19/2012
21-Jan-95 4309
35095.00 34720.00 4330 4265.5
34805.00 4303
35000 4315
195 12
0.56 0.28
Ref Soya TURMERIC Oil
18-Jan-13 7/19/2012
6-Dec-01 4600
707.90 4676
701.35 4518
704.55 4664
702.6 4540
-1.95 -124
-0.28 -2.66
Soy Bean WHEAT
18-Jan-13 7/19/2012
26-Jan-09 1251
3320.00 1282
3290.00 1251
3286.50 1246
3296 1282
9.5 36
0.29 2.89
Turmeric
19-Apr-13
6334
6444
6320
6346
6378
32
0.5
Wheat New
18-Jan-13
1584
1590
1582
1582
1589
7
0.44
DAILY MARKET STATISTICS
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1008.00 777.4
CHG
PERCENTAGE CHANGE
-28
-0.61
CHANGE -102
PERCENTAGE -1.99 CHANGE
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DAILY SOYABEAN CHART
ANALYSIS OPEN: 3314 HIGH: 3320 LOW: 3290 CLOSE: 3295
SOYABEAN LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: SELL ON RISE
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DAILY CHANA CHART
ANALYSIS OPEN: 4011 HIGH: 4046 LOW: 4004 CLOSE: 4041
CHANA LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: BUY ON DIPS
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