DAILY-AGRI-REPORT BY EPICRESEARCH 26 DEC 2012

Page 1

DAILY AGRI REPORT 26TH DECEMBER 2012

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 HEADLINES South African Soybean Futures Advance After Being ‘Oversold’ South African soybeans rose the most in a month after traders deemed recent declines excessive. Soybeans for March, the most active contract, advanced 1 percent to 4,840 rand ($564.54) a metric ton on the South African Futures Exchange by 12 p.m. in Johannesburg. That’s the biggest one-day gain since Nov. 22. The active contract declined to a five-month low

 Trading tip:

Buy Dhaniya Jan Above 5270 TGTS-5300/5330

on Dec. 21, when it closed at 4,790 rand. Cardamom futures up on restricted arrivals, good demand Cardamom prices rose by Rs 8 per kg in futures trade as participants enlarged their positions, driven by a firm demand in the spot market against restricted arrivals from producing

SL- 5240

belts. On the Multi Commodity Exchange, cardamom for the January contract rose by Rs 8, or 0.78 percent per kg.

EXPERT OPINION

Sell Jeera Mar Below 15245 TGTS-15170/15050 SL-15325

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STOCK

S1

S2

R1

R2

CHANA

3981

3937

4071

4134

RM SEED

4122

4082

4223

4281

SOYABEAN

3181

3140

3271

3333

JEERA

15021

14822

15421

15612

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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

4039.00 1188

4059.00 1188

4012.00 1178

4041.00 1183.5

4024 1178

-17.00 -5.5

-0.42 -0.46

Chilli JEERA

20-Mar-13 7/19/2012

6048.00 14955

6136.00 14960

6048.00 14650

6088.00 15052.5

6082 14800

-6.00 -252.5

-0.10 -1.68

Gur KAPAS

18-Jan-13 7/19/2012

1112.00 1044

1113.50 1053

1101.00 1035

1114.00 1049

1103.5 1041

-10.50 -8

-0.94 -0.76

Jeera PEPPER

20-Mar-13 7/19/2012

15525.00 42300

15552.50 15232.50 42555 42250

15562.50 42390

15247.50 42435

-315.00 45

-2.02 0.11

REFKapas SOYA

28-Feb-13 7/19/2012

998.00 780.5

1010.50 782.85

983 781.3

-27.50 -1.55

-2.72 -0.2

SOYPepper BEAN

20-Feb-13 7/19/2012

34910.00 4309

34975.00 4303

34955 4315

-20.00 12

-0.06 0.28

Ref Soya TURMERIC Oil

18-Jan-13 7/19/2012

703.50 4600

705.50 4676

692.60 4518

702.15 4664

694 4540

-8.15 -124

-1.16 -2.66

Soy Bean WHEAT

18-Jan-13 7/19/2012

3311.00 1251

3314.00 1282

3221.00 1251

3296.00 1246

3233 1282

-63.00 36

-1.91 2.89

Turmeric

19-Apr-13

6390.00

6436.00

6270.00

6354.00

6296

-58.00

-0.91

Wheat New

18-Jan-13

1589.00

1590.00

1580.00

1589.00

1584

-5.00

-0.31

DAILY MARKET STATISTICS

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998.00 783.6

983.00 777.4

35270.00 34850.00 4330 4265.5

CHG

PERCENTAGE CHANGE

-28

-0.61 PERCENTAGE -1.99 CHANGE

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 DAILY SOYABEAN CHART

ANALYSIS OPEN: 3295 HIGH: 3314 LOW: 3221 CLOSE: 3233

SOYABEAN LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE

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 DAILY CHANA CHART

ANALYSIS OPEN: 4041 HIGH: 4059 LOW: 4012 CLOSE: 4024

CHANA LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: SELL ON RISE

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