SlideShare a Scribd company logo
1 of 7
Download to read offline
DAILY AGRI COMMODITY REPORT
01 June 2015
HNI & NRI Sales Contact Australia
Mintara Road, Tarneit, Victoria. Post Code 3029
Phone.: +61 422 063855
HNI & NRI Sales Contact USA
2117 Arbor Vista Dr. Charlotte (NC)
Cell: +1 704 249 2315
Toll Free Number
1-800-200-9454
All queries should be directed to
Info@epicresearch.co
1
Epic Research India
411 Milinda Manor (Suites 409- 417)
2 RNT Marg. Opp Central Mall
Indore (M.P.)
Hotline: +91 731 664 2300
Alternate: +91 731 664 2320
Or give us a missed call at
026 5309 0639
Our Presence
YOURMINTVISORY Call us at +91-731-6642300
Market Views
2
MONTH OPEN HIGH LOW CLOSE % CHG VOL MONTH OPEN HIGH LOW CLOSE % CHG VOL
CORIANDER
JUNE 13013 13290 12862 12980 -0.15 38890
INTRADAY
LEVELS
SUPPORT SUPP.1
12798
SUPP. 2
12616
PIVOT
13044
Coriander short term
trend is up and May
continue in coming
days.RESISTAN
CE
RES. 1
13226
RES. 2
13472
CASTORSEED
JUNE 4020 4027 3975 3987 -0.57 49250
INTRADAY
LEVELS
SUPPORT SUPP. 1
3966
SUPP. 2
3944
PIVOT
3996
Castorseed short term
trend is up and May
continue in coming
days..RESISTAN
CE
RES. 1
4018
RES. 2
4048
TURMERIC
JUNE 7586 7740 7582 7700 +1.21 8410
INTRADAY
LEVELS
SUPPORT SUPP. 1
7608
SUPP. 2
7516
PIVOT
7674
Turmeric short term
trend is down and May
continue in coming
days.RESISTAN
CE
RES. 1
7766
RES. 2
7832
GUARGUM
JUNE 11190 11210 10970 11010 -0.99 8686
INTRADAY
LEVELS
SUPPORT SUPP. 1
10917
SUPP. 2
10823
PIVOT
11063
Guargum short term
trend is down and May
continue in coming
days.RESISTAN
CE
RES. 1
11157
RES. 2
11303
Most Active Contract
3
NCDEX INDICES
Index Value
Pre.
Close
%
Change
CASTORSEED 3987 4010 -0.57
CHANA 4789 4684 +2.24
CORIANDER 12980 13000 -0.15
GUARGUM 11010 11120 -0.99
JEERA 17545 17405 +0.8
MUSTARD SEED 4249 4224 +0.59
SOYABEAN 3980 3962 +0.45
TURMERIC 7700 7608 +1.21
TOP LOSERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE
CHANGE
%
CASTOR SEED NEW 19-06-2015 3995.00 -20.00 -0.50%
BARLEY 19-06-2015 1258.00 -3.00 -0.24%
TOP GAINERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE CHANGE %
CHANA 19-06-2015 4747.00 61.00 1.30%
COTTON SEED OIL CAKE
AKOLA
19-06-2015 1806.00 22.00 1.23%
TURMERIC 19-06-2015 7688.00 80.00 1.05%
REFINED SOY OIL 19-06-2015 600.65 3.45 0.58%
RAPESEED-MUSTARD
SEED
19-06-2015 4242.00 17.00 0.40%
JEERA 19-06-2015 17470.00 60.00 0.34%
CORIANDER 19-06-2015 13015.00 15.00 0.12%
SOYABEAN 19-06-2015 3971.00 2.00 0.05%
Commodities In News
4
ECONOMIC NEWS
 High volatility is likely to continue for the Indian Agri markets
till Monsoon arrives on the Kerala coast. Profit booking was
observed at the higher levels on Thursday as expectations of
Monsoon arriving by end of this week were there. The short term
trend would depend on Monsoon arrival in Kerala and its progress
towards rest of India in coming weeks.Spices, Chana, Guar showed
moderate dips on weather reports; oil complex too failed to recover
despite International markets remaining slight firm. No strong
movement was noted for Chana as profit booking at the higher
levels were noted. The Monsoon arrival date in Kerala remains
important for this week. Prospects of rise in MSP and increased
imports in coming weeks are likely to support the market
sentiments in coming weeks.
 The Allahabad High Court has asked sugar mill owners in Uttar
Pradesh to settle 75 per cent of cane arrears to farmers by July 15.
Mill owners owe Rs 10,000 crore.The consolidated dues of private,
cooperative and government mills includes interest dues of Rs 260
crore, based on the state sugar price of Rs 280 a quintal.Hearing the
case, the high court asked the cooperative and government mills to
settle their part of the arrears in the ratios of 25 per cent each by
June 15, June 30 and July 15, respectively. The decision on the
remaining portion would be considered on the next date of hearing
on July 28, the court said in the interim order.Likewise, the private
mills have been asked to settle 25 per cent of their dues by June 15.
The court observed private millers should also settle 75 per cent of
their dues by July 15.Private mills account for the major portion of
arrears (Rs 8,900 crore, including interest payable of Rs 240 crore).
the 23 cooperative and one Uttar Pradesh State Sugar Corporation
Limited unit account for Rs 1,000 crore and Rs 25 crore.
 Jeera futures recovered from losses today on short covering amid weak
arrivals. The NCDEX Jeera for the June delivery ended the day at Rs
17,545, up Rs 140 or 0.8%.Spot Jeera was stable around Rs 18k today
amid very poor arrivals in Unjha. Jeera witnessed a correction in last few
days as traders eyed the lack of demand in spot markets. Major buying
would emerge only around Ramadan now and falling arrivals might not
support prices much after a near 50% rally in spot prices over last six
months. Prices had soared above Rs 18400 levels last week and quote at
Rs 18100 per quintal today, up Rs 90 per quintal on the day. Tight arrivals
in major trading centres have kept Jeera supported in last few weeks.
Harvesting has been affected on late rains in Rajasthan and overall output
could suffer.
 Turmeric futures recovered on short covering amid buying support
emerged in the physical market. The NCDEX turmeric for the June
delivery ended the day at Rs 7700, up Rs 92 or 1.21%. Turmeric edged up
a bit after recent declines amid bargain buying. Slight rainfall in Erode
capped the gains for Turmeric in last few days. Turmeric has stayed
supported off late as growers are refusing to sell at lower levels. Traders
are expecting further decline in the coming days due to possibility of new
supplies from other producing states, primarily in Karnataka in near term.
 Coriander futures hit the upper limit as spot prices rose on low
availability of good quality spice and robust demand from bulk
buyers.However, imposition of an additional margin may control the
volatility in coriander prices. NCDEX has imposed an additional cash
margin of 5 percent on long and short positions in all coriander contracts,
the exchange said in a release.Coriander stocks at NCDEX warehouses
increased to 16810 tonnes on Wednesday, from 16722 tonnes previous
day. As per reports, in Rajasthan due to heavy summer rainfall during
March-April coriander yield reported damaged around 20 percent. In
Madhya Pradesh, yield loss reported 5 percent. In Gujarat, yield damage
reported 2.5 percent.Weather was dry over Gujarat region.
5
Fundamental Watch : Castorseed
CASTORSEED ARRIVALS AT KEY SPOT
MARKET
National Market Update
 Major cash markets traded lower on Friday. Buyers preferred to wait for clear
market direction and closed Rs 30 to Rs 50 per qtl, lower. Higher seed price restricted
planters buying as parity for same in seed crushing and oil recovery turned negative
once again. However inner tone remains firm in the medium term.
 Castor seed price in Rajkot too traded up by Rs 1250 to Rs 38000 per tonne from
Rs 36750 per tonne in the third week of May. However, it is -2.56 percent lower from
the price realized during May,2014.
 Castor oil First grade FOB Kandla has increased from $1215 to $1240 per tonne
and may move slightly up by $20 per tonne in fifth week of May. It may trade in the
range of $1240 to $1260 per Tonne .It was ruling $1383 in May 2014,up by11.53
percent From Current quote.
 Agriculture statistics Division, DES has released Third Adv estimates of Production
of foodgrains for 2014-15 on 13.05 2015.It has revised castor production estimate
down by 87 thousan tonne to 18.24 lakh tonne. In second Adv Est. castor production
was estimated at 19.11 lakh tonne. The minor decrease in third Adv . Est is mainly
attributed to inclement weather and yield loss. India has produced 17.27 lakh tonne
castor seed in 2013-14.Target for the year was 16.65 lakh tonne.
China, EU,US may start restricted buying once again by the end of the month. There
is a gossip in the market that some forward deals have been finalized for July –August
shipment. Prices of this deal has not been disclosed .
 Castor oil in Rotterdam decreased from $1700 to $1525 per tonne in last one month
and may touch $1500 per tonne in the month of March. Pressure on Indian market and
decreasing trend continue to impact global market in the weeks ahead.
CENTER 29-May-15 28-May-15 Change
SUMERPUR 1200 1200 UNCH
JODHPUR 80 NA -
RAJKOT NA 262 -
GONDAL NA 496 -
PATAN 4875 6000 -1125
MAHESANA 560 800 -240
DEESA 2000 1600 +400
Technical Outlook
6
BUY CORIANDER JUNE ABOVE 13150 TARGET 13175 13215 SL
BELOW 13125
SELL GUARGUM JUNE BELOW 10970 TARGET 10920 10860 SL
ABOVE 11030
SELL TURMERIC JUNE BELOW 7630 TARGET 7590 7530 SL
ABOVE 7690
SELL CASTORSEED JUNE BELOW 3975 TARGET 3950 3920 SL
ABOVE 4000
Disclaimer
 The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any
responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most.
 Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and
up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility.
 The information given herein should be treated as only factor, while making investment decision. The report does not provide
individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments
and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any
transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE.
 The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all
estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the
stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any
views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for. Any surfing and
reading of the information is the acceptance of this disclaimer. All Rights Reserved.
 Investment in equity & bullion market has its own risks.
 We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for
any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an
offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or
share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If
found so then Serious Legal Actions can be taken.

More Related Content

What's hot

Epic research daily agri report 22 july 2015
Epic research  daily agri report 22 july  2015Epic research  daily agri report 22 july  2015
Epic research daily agri report 22 july 2015Epic Research Limited
 
Epic research daily agri report 15 dec 2015
Epic research daily agri report 15 dec 2015Epic research daily agri report 15 dec 2015
Epic research daily agri report 15 dec 2015Epic Research Limited
 
Epic research daily agri report 16 jan 2015
Epic research daily agri  report  16 jan 2015Epic research daily agri  report  16 jan 2015
Epic research daily agri report 16 jan 2015Epic Research Limited
 
Epic research daily agri report 28 july 2015
Epic research  daily agri report 28 july  2015Epic research  daily agri report 28 july  2015
Epic research daily agri report 28 july 2015Epic Research Limited
 
Epic research daily agri report 25th june 2015
Epic research  daily agri report 25th june  2015Epic research  daily agri report 25th june  2015
Epic research daily agri report 25th june 2015Epic Research Limited
 
Epic research daily agri report 11th june 2015
Epic research  daily agri report 11th june  2015Epic research  daily agri report 11th june  2015
Epic research daily agri report 11th june 2015Epic Research Limited
 
Epic research daily agri report 29 jan 2015
Epic research daily agri report  29 jan 2015Epic research daily agri report  29 jan 2015
Epic research daily agri report 29 jan 2015Epic Research Limited
 
Epic research daily agri report 04 dec 2015
Epic research daily agri report 04 dec 2015Epic research daily agri report 04 dec 2015
Epic research daily agri report 04 dec 2015Epic Research Limited
 
Epic research daily agri report 15th may 2015
Epic research daily agri report 15th may  2015Epic research daily agri report 15th may  2015
Epic research daily agri report 15th may 2015Epic Research Limited
 
Epic research daily agri report 17th july 2015
Epic research  daily agri report 17th july  2015Epic research  daily agri report 17th july  2015
Epic research daily agri report 17th july 2015Epic Research Limited
 
Epic research daily agri report 20th may 2015
Epic research daily agri report 20th may  2015Epic research daily agri report 20th may  2015
Epic research daily agri report 20th may 2015Epic Research Limited
 
Epic research daily agri report 23 oct 2015
Epic research daily agri report 23 oct 2015Epic research daily agri report 23 oct 2015
Epic research daily agri report 23 oct 2015Epic Research Limited
 
Epic research daily agri report 15th july 2015
Epic research  daily agri report 15th july  2015Epic research  daily agri report 15th july  2015
Epic research daily agri report 15th july 2015Epic Research Limited
 
Epic research daily agri report 02 feb 2015
Epic research daily agri  report  02 feb 2015Epic research daily agri  report  02 feb 2015
Epic research daily agri report 02 feb 2015Epic Research Limited
 
Epic research daily agri report 20 oct 2015
Epic research daily agri report 20 oct 2015Epic research daily agri report 20 oct 2015
Epic research daily agri report 20 oct 2015Epic Research Limited
 
Epic research daily agri report 02 jan 2015
Epic research daily agri report  02 jan 2015Epic research daily agri report  02 jan 2015
Epic research daily agri report 02 jan 2015Epic Research Limited
 
Epic research daily agri report 05th june 2015
Epic research  daily agri report 05th june  2015Epic research  daily agri report 05th june  2015
Epic research daily agri report 05th june 2015Epic Research Limited
 
Epic research daily agri report 18th march 2016
Epic research daily agri report 18th march 2016Epic research daily agri report 18th march 2016
Epic research daily agri report 18th march 2016Epic Research Limited
 
Epic research daily agri report 21 oct 2015
Epic research daily agri report 21 oct 2015Epic research daily agri report 21 oct 2015
Epic research daily agri report 21 oct 2015Epic Research Limited
 
Epic research daily agri report 23 april 2015
Epic research daily agri report  23 april 2015Epic research daily agri report  23 april 2015
Epic research daily agri report 23 april 2015Epic Research Limited
 

What's hot (20)

Epic research daily agri report 22 july 2015
Epic research  daily agri report 22 july  2015Epic research  daily agri report 22 july  2015
Epic research daily agri report 22 july 2015
 
Epic research daily agri report 15 dec 2015
Epic research daily agri report 15 dec 2015Epic research daily agri report 15 dec 2015
Epic research daily agri report 15 dec 2015
 
Epic research daily agri report 16 jan 2015
Epic research daily agri  report  16 jan 2015Epic research daily agri  report  16 jan 2015
Epic research daily agri report 16 jan 2015
 
Epic research daily agri report 28 july 2015
Epic research  daily agri report 28 july  2015Epic research  daily agri report 28 july  2015
Epic research daily agri report 28 july 2015
 
Epic research daily agri report 25th june 2015
Epic research  daily agri report 25th june  2015Epic research  daily agri report 25th june  2015
Epic research daily agri report 25th june 2015
 
Epic research daily agri report 11th june 2015
Epic research  daily agri report 11th june  2015Epic research  daily agri report 11th june  2015
Epic research daily agri report 11th june 2015
 
Epic research daily agri report 29 jan 2015
Epic research daily agri report  29 jan 2015Epic research daily agri report  29 jan 2015
Epic research daily agri report 29 jan 2015
 
Epic research daily agri report 04 dec 2015
Epic research daily agri report 04 dec 2015Epic research daily agri report 04 dec 2015
Epic research daily agri report 04 dec 2015
 
Epic research daily agri report 15th may 2015
Epic research daily agri report 15th may  2015Epic research daily agri report 15th may  2015
Epic research daily agri report 15th may 2015
 
Epic research daily agri report 17th july 2015
Epic research  daily agri report 17th july  2015Epic research  daily agri report 17th july  2015
Epic research daily agri report 17th july 2015
 
Epic research daily agri report 20th may 2015
Epic research daily agri report 20th may  2015Epic research daily agri report 20th may  2015
Epic research daily agri report 20th may 2015
 
Epic research daily agri report 23 oct 2015
Epic research daily agri report 23 oct 2015Epic research daily agri report 23 oct 2015
Epic research daily agri report 23 oct 2015
 
Epic research daily agri report 15th july 2015
Epic research  daily agri report 15th july  2015Epic research  daily agri report 15th july  2015
Epic research daily agri report 15th july 2015
 
Epic research daily agri report 02 feb 2015
Epic research daily agri  report  02 feb 2015Epic research daily agri  report  02 feb 2015
Epic research daily agri report 02 feb 2015
 
Epic research daily agri report 20 oct 2015
Epic research daily agri report 20 oct 2015Epic research daily agri report 20 oct 2015
Epic research daily agri report 20 oct 2015
 
Epic research daily agri report 02 jan 2015
Epic research daily agri report  02 jan 2015Epic research daily agri report  02 jan 2015
Epic research daily agri report 02 jan 2015
 
Epic research daily agri report 05th june 2015
Epic research  daily agri report 05th june  2015Epic research  daily agri report 05th june  2015
Epic research daily agri report 05th june 2015
 
Epic research daily agri report 18th march 2016
Epic research daily agri report 18th march 2016Epic research daily agri report 18th march 2016
Epic research daily agri report 18th march 2016
 
Epic research daily agri report 21 oct 2015
Epic research daily agri report 21 oct 2015Epic research daily agri report 21 oct 2015
Epic research daily agri report 21 oct 2015
 
Epic research daily agri report 23 april 2015
Epic research daily agri report  23 april 2015Epic research daily agri report  23 april 2015
Epic research daily agri report 23 april 2015
 

Viewers also liked

新大阪・梅田・即プレイ素人デリヘル 新大阪・梅田 素人絶対衝撃[スマホ版]
新大阪・梅田・即プレイ素人デリヘル   新大阪・梅田 素人絶対衝撃[スマホ版]新大阪・梅田・即プレイ素人デリヘル   新大阪・梅田 素人絶対衝撃[スマホ版]
新大阪・梅田・即プレイ素人デリヘル 新大阪・梅田 素人絶対衝撃[スマホ版]新大阪 デリヘル
 
Sanjeev Kakkar-The virtues of Unlicensed Spectrum(May 2015)
Sanjeev Kakkar-The virtues of Unlicensed Spectrum(May 2015)Sanjeev Kakkar-The virtues of Unlicensed Spectrum(May 2015)
Sanjeev Kakkar-The virtues of Unlicensed Spectrum(May 2015)Sanjeev Kakkar
 
Timber framed house life cycle investigation
Timber framed house life cycle investigationTimber framed house life cycle investigation
Timber framed house life cycle investigationDan Palmer
 
Ilmu pengetahuan sosial 6
Ilmu pengetahuan sosial 6Ilmu pengetahuan sosial 6
Ilmu pengetahuan sosial 6linamayasari03
 
Λαογράφοι
ΛαογράφοιΛαογράφοι
Λαογράφοιdimkom
 
Design of Kalman filter for Airborne Applications
Design of Kalman filter for Airborne ApplicationsDesign of Kalman filter for Airborne Applications
Design of Kalman filter for Airborne ApplicationsIJERA Editor
 
Интеллектуальная игра по детским вопросам
Интеллектуальная игра по детским вопросамИнтеллектуальная игра по детским вопросам
Интеллектуальная игра по детским вопросамLuchik_111
 
Tyler ShularBasketball Resume
Tyler ShularBasketball ResumeTyler ShularBasketball Resume
Tyler ShularBasketball ResumeTyler Shular
 
Rpp pertemuan13
Rpp pertemuan13Rpp pertemuan13
Rpp pertemuan13rizka_safa
 

Viewers also liked (15)

新大阪・梅田・即プレイ素人デリヘル 新大阪・梅田 素人絶対衝撃[スマホ版]
新大阪・梅田・即プレイ素人デリヘル   新大阪・梅田 素人絶対衝撃[スマホ版]新大阪・梅田・即プレイ素人デリヘル   新大阪・梅田 素人絶対衝撃[スマホ版]
新大阪・梅田・即プレイ素人デリヘル 新大阪・梅田 素人絶対衝撃[スマホ版]
 
Project 3
Project 3Project 3
Project 3
 
Sanjeev Kakkar-The virtues of Unlicensed Spectrum(May 2015)
Sanjeev Kakkar-The virtues of Unlicensed Spectrum(May 2015)Sanjeev Kakkar-The virtues of Unlicensed Spectrum(May 2015)
Sanjeev Kakkar-The virtues of Unlicensed Spectrum(May 2015)
 
Pelajaran 1
Pelajaran 1Pelajaran 1
Pelajaran 1
 
Timber framed house life cycle investigation
Timber framed house life cycle investigationTimber framed house life cycle investigation
Timber framed house life cycle investigation
 
Ilmu pengetahuan sosial 6
Ilmu pengetahuan sosial 6Ilmu pengetahuan sosial 6
Ilmu pengetahuan sosial 6
 
Pelajaran 3
Pelajaran  3Pelajaran  3
Pelajaran 3
 
Presentation_NEW.PPTX
Presentation_NEW.PPTXPresentation_NEW.PPTX
Presentation_NEW.PPTX
 
Sda 33
Sda 33Sda 33
Sda 33
 
Λαογράφοι
ΛαογράφοιΛαογράφοι
Λαογράφοι
 
Design of Kalman filter for Airborne Applications
Design of Kalman filter for Airborne ApplicationsDesign of Kalman filter for Airborne Applications
Design of Kalman filter for Airborne Applications
 
Prakash Patel
Prakash PatelPrakash Patel
Prakash Patel
 
Интеллектуальная игра по детским вопросам
Интеллектуальная игра по детским вопросамИнтеллектуальная игра по детским вопросам
Интеллектуальная игра по детским вопросам
 
Tyler ShularBasketball Resume
Tyler ShularBasketball ResumeTyler ShularBasketball Resume
Tyler ShularBasketball Resume
 
Rpp pertemuan13
Rpp pertemuan13Rpp pertemuan13
Rpp pertemuan13
 

Similar to Epic research daily agri report 01st june 2015

Epic research daily agri report 15th june 2015
Epic research  daily agri report 15th june  2015Epic research  daily agri report 15th june  2015
Epic research daily agri report 15th june 2015Epic Research Limited
 
Epic research daily agri report 26 march 2015
Epic research daily agri report  26 march 2015Epic research daily agri report  26 march 2015
Epic research daily agri report 26 march 2015Epic Research Limited
 
Epic research daily agri report 03 august 2015
Epic research  daily agri report 03 august 2015Epic research  daily agri report 03 august 2015
Epic research daily agri report 03 august 2015Epic Research Limited
 
Epic research daily agri report 14 jan 2015
Epic research daily agri  report  14 jan 2015 Epic research daily agri  report  14 jan 2015
Epic research daily agri report 14 jan 2015 Epic Research Limited
 
Epic research weekly agri report 23rd to 27th march 2015
Epic research weekly agri report  23rd to 27th march 2015Epic research weekly agri report  23rd to 27th march 2015
Epic research weekly agri report 23rd to 27th march 2015Epic Research Limited
 
Epic research daily agri report 27 march 2015
Epic research daily agri report  27 march 2015Epic research daily agri report  27 march 2015
Epic research daily agri report 27 march 2015Epic Research Limited
 
Epic research daily agri report 17 march 2015
Epic research daily agri report  17 march 2015Epic research daily agri report  17 march 2015
Epic research daily agri report 17 march 2015Epic Research Limited
 
Epic research daily agri report 30 march 2015
Epic research daily agri report  30 march 2015Epic research daily agri report  30 march 2015
Epic research daily agri report 30 march 2015Epic Research Limited
 
Epic research daily agri report 23 march 2015
Epic research daily agri report  23 march 2015Epic research daily agri report  23 march 2015
Epic research daily agri report 23 march 2015Epic Research Limited
 
Epic research daily agri report 19th june 2015
Epic research  daily agri report 19th june  2015Epic research  daily agri report 19th june  2015
Epic research daily agri report 19th june 2015Epic Research Limited
 
Epic research weekly agri report 18th to 22nd may 2015
Epic research weekly agri report 18th to 22nd  may  2015Epic research weekly agri report 18th to 22nd  may  2015
Epic research weekly agri report 18th to 22nd may 2015Epic Research Limited
 
Epic research daily agri report 07 august 2015
Epic research  daily agri report 07 august 2015Epic research  daily agri report 07 august 2015
Epic research daily agri report 07 august 2015Epic Research Limited
 
Epic research daily agri report 18 feb 2015
Epic research daily agri report  18 feb 2015Epic research daily agri report  18 feb 2015
Epic research daily agri report 18 feb 2015Epic Research Limited
 
Epic research daily agri report 25 march 2015
Epic research daily agri report  25 march 2015Epic research daily agri report  25 march 2015
Epic research daily agri report 25 march 2015Epic Research Limited
 
Epic research daily agri report 27th may 2015
Epic research  daily agri report 27th may  2015Epic research  daily agri report 27th may  2015
Epic research daily agri report 27th may 2015Epic Research Limited
 
Epic research daily agri report 18th may 2016
Epic research daily agri report 18th may 2016Epic research daily agri report 18th may 2016
Epic research daily agri report 18th may 2016Epic Research
 
Epic research daily agri report 05 jan 2015
Epic research daily agri report  05 jan 2015Epic research daily agri report  05 jan 2015
Epic research daily agri report 05 jan 2015Epic Research Limited
 
Epic research daily agri report 30 dec 2015
Epic research daily agri report 30 dec 2015Epic research daily agri report 30 dec 2015
Epic research daily agri report 30 dec 2015Epic Research Limited
 
Epic research daily agri report 28 april 2015
Epic research daily agri report  28 april 2015Epic research daily agri report  28 april 2015
Epic research daily agri report 28 april 2015Epic Research Limited
 

Similar to Epic research daily agri report 01st june 2015 (19)

Epic research daily agri report 15th june 2015
Epic research  daily agri report 15th june  2015Epic research  daily agri report 15th june  2015
Epic research daily agri report 15th june 2015
 
Epic research daily agri report 26 march 2015
Epic research daily agri report  26 march 2015Epic research daily agri report  26 march 2015
Epic research daily agri report 26 march 2015
 
Epic research daily agri report 03 august 2015
Epic research  daily agri report 03 august 2015Epic research  daily agri report 03 august 2015
Epic research daily agri report 03 august 2015
 
Epic research daily agri report 14 jan 2015
Epic research daily agri  report  14 jan 2015 Epic research daily agri  report  14 jan 2015
Epic research daily agri report 14 jan 2015
 
Epic research weekly agri report 23rd to 27th march 2015
Epic research weekly agri report  23rd to 27th march 2015Epic research weekly agri report  23rd to 27th march 2015
Epic research weekly agri report 23rd to 27th march 2015
 
Epic research daily agri report 27 march 2015
Epic research daily agri report  27 march 2015Epic research daily agri report  27 march 2015
Epic research daily agri report 27 march 2015
 
Epic research daily agri report 17 march 2015
Epic research daily agri report  17 march 2015Epic research daily agri report  17 march 2015
Epic research daily agri report 17 march 2015
 
Epic research daily agri report 30 march 2015
Epic research daily agri report  30 march 2015Epic research daily agri report  30 march 2015
Epic research daily agri report 30 march 2015
 
Epic research daily agri report 23 march 2015
Epic research daily agri report  23 march 2015Epic research daily agri report  23 march 2015
Epic research daily agri report 23 march 2015
 
Epic research daily agri report 19th june 2015
Epic research  daily agri report 19th june  2015Epic research  daily agri report 19th june  2015
Epic research daily agri report 19th june 2015
 
Epic research weekly agri report 18th to 22nd may 2015
Epic research weekly agri report 18th to 22nd  may  2015Epic research weekly agri report 18th to 22nd  may  2015
Epic research weekly agri report 18th to 22nd may 2015
 
Epic research daily agri report 07 august 2015
Epic research  daily agri report 07 august 2015Epic research  daily agri report 07 august 2015
Epic research daily agri report 07 august 2015
 
Epic research daily agri report 18 feb 2015
Epic research daily agri report  18 feb 2015Epic research daily agri report  18 feb 2015
Epic research daily agri report 18 feb 2015
 
Epic research daily agri report 25 march 2015
Epic research daily agri report  25 march 2015Epic research daily agri report  25 march 2015
Epic research daily agri report 25 march 2015
 
Epic research daily agri report 27th may 2015
Epic research  daily agri report 27th may  2015Epic research  daily agri report 27th may  2015
Epic research daily agri report 27th may 2015
 
Epic research daily agri report 18th may 2016
Epic research daily agri report 18th may 2016Epic research daily agri report 18th may 2016
Epic research daily agri report 18th may 2016
 
Epic research daily agri report 05 jan 2015
Epic research daily agri report  05 jan 2015Epic research daily agri report  05 jan 2015
Epic research daily agri report 05 jan 2015
 
Epic research daily agri report 30 dec 2015
Epic research daily agri report 30 dec 2015Epic research daily agri report 30 dec 2015
Epic research daily agri report 30 dec 2015
 
Epic research daily agri report 28 april 2015
Epic research daily agri report  28 april 2015Epic research daily agri report  28 april 2015
Epic research daily agri report 28 april 2015
 

Recently uploaded

(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCRsoniya singh
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.Aaiza Hassan
 
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...lizamodels9
 
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts ServiceVip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Serviceankitnayak356677
 
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurVIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurSuhani Kapoor
 
rishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdfrishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdfmuskan1121w
 
Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.Eni
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Roomdivyansh0kumar0
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessAggregage
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024christinemoorman
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...lizamodels9
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
Pitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deckPitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deckHajeJanKamps
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth MarketingShawn Pang
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMRavindra Nath Shukla
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfPaul Menig
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsApsara Of India
 

Recently uploaded (20)

(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.
 
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
 
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts ServiceVip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Service
 
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurVIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
 
rishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdfrishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdf
 
Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for Success
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
Pitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deckPitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deck
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSM
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdf
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
 

Epic research daily agri report 01st june 2015

  • 1. DAILY AGRI COMMODITY REPORT 01 June 2015 HNI & NRI Sales Contact Australia Mintara Road, Tarneit, Victoria. Post Code 3029 Phone.: +61 422 063855 HNI & NRI Sales Contact USA 2117 Arbor Vista Dr. Charlotte (NC) Cell: +1 704 249 2315 Toll Free Number 1-800-200-9454 All queries should be directed to Info@epicresearch.co 1 Epic Research India 411 Milinda Manor (Suites 409- 417) 2 RNT Marg. Opp Central Mall Indore (M.P.) Hotline: +91 731 664 2300 Alternate: +91 731 664 2320 Or give us a missed call at 026 5309 0639 Our Presence YOURMINTVISORY Call us at +91-731-6642300
  • 2. Market Views 2 MONTH OPEN HIGH LOW CLOSE % CHG VOL MONTH OPEN HIGH LOW CLOSE % CHG VOL CORIANDER JUNE 13013 13290 12862 12980 -0.15 38890 INTRADAY LEVELS SUPPORT SUPP.1 12798 SUPP. 2 12616 PIVOT 13044 Coriander short term trend is up and May continue in coming days.RESISTAN CE RES. 1 13226 RES. 2 13472 CASTORSEED JUNE 4020 4027 3975 3987 -0.57 49250 INTRADAY LEVELS SUPPORT SUPP. 1 3966 SUPP. 2 3944 PIVOT 3996 Castorseed short term trend is up and May continue in coming days..RESISTAN CE RES. 1 4018 RES. 2 4048 TURMERIC JUNE 7586 7740 7582 7700 +1.21 8410 INTRADAY LEVELS SUPPORT SUPP. 1 7608 SUPP. 2 7516 PIVOT 7674 Turmeric short term trend is down and May continue in coming days.RESISTAN CE RES. 1 7766 RES. 2 7832 GUARGUM JUNE 11190 11210 10970 11010 -0.99 8686 INTRADAY LEVELS SUPPORT SUPP. 1 10917 SUPP. 2 10823 PIVOT 11063 Guargum short term trend is down and May continue in coming days.RESISTAN CE RES. 1 11157 RES. 2 11303
  • 3. Most Active Contract 3 NCDEX INDICES Index Value Pre. Close % Change CASTORSEED 3987 4010 -0.57 CHANA 4789 4684 +2.24 CORIANDER 12980 13000 -0.15 GUARGUM 11010 11120 -0.99 JEERA 17545 17405 +0.8 MUSTARD SEED 4249 4224 +0.59 SOYABEAN 3980 3962 +0.45 TURMERIC 7700 7608 +1.21 TOP LOSERS SYMBOL EXPIRY DATE CURRENT PRICE CHANGE CHANGE % CASTOR SEED NEW 19-06-2015 3995.00 -20.00 -0.50% BARLEY 19-06-2015 1258.00 -3.00 -0.24% TOP GAINERS SYMBOL EXPIRY DATE CURRENT PRICE CHANGE CHANGE % CHANA 19-06-2015 4747.00 61.00 1.30% COTTON SEED OIL CAKE AKOLA 19-06-2015 1806.00 22.00 1.23% TURMERIC 19-06-2015 7688.00 80.00 1.05% REFINED SOY OIL 19-06-2015 600.65 3.45 0.58% RAPESEED-MUSTARD SEED 19-06-2015 4242.00 17.00 0.40% JEERA 19-06-2015 17470.00 60.00 0.34% CORIANDER 19-06-2015 13015.00 15.00 0.12% SOYABEAN 19-06-2015 3971.00 2.00 0.05%
  • 4. Commodities In News 4 ECONOMIC NEWS  High volatility is likely to continue for the Indian Agri markets till Monsoon arrives on the Kerala coast. Profit booking was observed at the higher levels on Thursday as expectations of Monsoon arriving by end of this week were there. The short term trend would depend on Monsoon arrival in Kerala and its progress towards rest of India in coming weeks.Spices, Chana, Guar showed moderate dips on weather reports; oil complex too failed to recover despite International markets remaining slight firm. No strong movement was noted for Chana as profit booking at the higher levels were noted. The Monsoon arrival date in Kerala remains important for this week. Prospects of rise in MSP and increased imports in coming weeks are likely to support the market sentiments in coming weeks.  The Allahabad High Court has asked sugar mill owners in Uttar Pradesh to settle 75 per cent of cane arrears to farmers by July 15. Mill owners owe Rs 10,000 crore.The consolidated dues of private, cooperative and government mills includes interest dues of Rs 260 crore, based on the state sugar price of Rs 280 a quintal.Hearing the case, the high court asked the cooperative and government mills to settle their part of the arrears in the ratios of 25 per cent each by June 15, June 30 and July 15, respectively. The decision on the remaining portion would be considered on the next date of hearing on July 28, the court said in the interim order.Likewise, the private mills have been asked to settle 25 per cent of their dues by June 15. The court observed private millers should also settle 75 per cent of their dues by July 15.Private mills account for the major portion of arrears (Rs 8,900 crore, including interest payable of Rs 240 crore). the 23 cooperative and one Uttar Pradesh State Sugar Corporation Limited unit account for Rs 1,000 crore and Rs 25 crore.  Jeera futures recovered from losses today on short covering amid weak arrivals. The NCDEX Jeera for the June delivery ended the day at Rs 17,545, up Rs 140 or 0.8%.Spot Jeera was stable around Rs 18k today amid very poor arrivals in Unjha. Jeera witnessed a correction in last few days as traders eyed the lack of demand in spot markets. Major buying would emerge only around Ramadan now and falling arrivals might not support prices much after a near 50% rally in spot prices over last six months. Prices had soared above Rs 18400 levels last week and quote at Rs 18100 per quintal today, up Rs 90 per quintal on the day. Tight arrivals in major trading centres have kept Jeera supported in last few weeks. Harvesting has been affected on late rains in Rajasthan and overall output could suffer.  Turmeric futures recovered on short covering amid buying support emerged in the physical market. The NCDEX turmeric for the June delivery ended the day at Rs 7700, up Rs 92 or 1.21%. Turmeric edged up a bit after recent declines amid bargain buying. Slight rainfall in Erode capped the gains for Turmeric in last few days. Turmeric has stayed supported off late as growers are refusing to sell at lower levels. Traders are expecting further decline in the coming days due to possibility of new supplies from other producing states, primarily in Karnataka in near term.  Coriander futures hit the upper limit as spot prices rose on low availability of good quality spice and robust demand from bulk buyers.However, imposition of an additional margin may control the volatility in coriander prices. NCDEX has imposed an additional cash margin of 5 percent on long and short positions in all coriander contracts, the exchange said in a release.Coriander stocks at NCDEX warehouses increased to 16810 tonnes on Wednesday, from 16722 tonnes previous day. As per reports, in Rajasthan due to heavy summer rainfall during March-April coriander yield reported damaged around 20 percent. In Madhya Pradesh, yield loss reported 5 percent. In Gujarat, yield damage reported 2.5 percent.Weather was dry over Gujarat region.
  • 5. 5 Fundamental Watch : Castorseed CASTORSEED ARRIVALS AT KEY SPOT MARKET National Market Update  Major cash markets traded lower on Friday. Buyers preferred to wait for clear market direction and closed Rs 30 to Rs 50 per qtl, lower. Higher seed price restricted planters buying as parity for same in seed crushing and oil recovery turned negative once again. However inner tone remains firm in the medium term.  Castor seed price in Rajkot too traded up by Rs 1250 to Rs 38000 per tonne from Rs 36750 per tonne in the third week of May. However, it is -2.56 percent lower from the price realized during May,2014.  Castor oil First grade FOB Kandla has increased from $1215 to $1240 per tonne and may move slightly up by $20 per tonne in fifth week of May. It may trade in the range of $1240 to $1260 per Tonne .It was ruling $1383 in May 2014,up by11.53 percent From Current quote.  Agriculture statistics Division, DES has released Third Adv estimates of Production of foodgrains for 2014-15 on 13.05 2015.It has revised castor production estimate down by 87 thousan tonne to 18.24 lakh tonne. In second Adv Est. castor production was estimated at 19.11 lakh tonne. The minor decrease in third Adv . Est is mainly attributed to inclement weather and yield loss. India has produced 17.27 lakh tonne castor seed in 2013-14.Target for the year was 16.65 lakh tonne. China, EU,US may start restricted buying once again by the end of the month. There is a gossip in the market that some forward deals have been finalized for July –August shipment. Prices of this deal has not been disclosed .  Castor oil in Rotterdam decreased from $1700 to $1525 per tonne in last one month and may touch $1500 per tonne in the month of March. Pressure on Indian market and decreasing trend continue to impact global market in the weeks ahead. CENTER 29-May-15 28-May-15 Change SUMERPUR 1200 1200 UNCH JODHPUR 80 NA - RAJKOT NA 262 - GONDAL NA 496 - PATAN 4875 6000 -1125 MAHESANA 560 800 -240 DEESA 2000 1600 +400
  • 6. Technical Outlook 6 BUY CORIANDER JUNE ABOVE 13150 TARGET 13175 13215 SL BELOW 13125 SELL GUARGUM JUNE BELOW 10970 TARGET 10920 10860 SL ABOVE 11030 SELL TURMERIC JUNE BELOW 7630 TARGET 7590 7530 SL ABOVE 7690 SELL CASTORSEED JUNE BELOW 3975 TARGET 3950 3920 SL ABOVE 4000
  • 7. Disclaimer  The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most.  Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility.  The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE.  The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for. Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved.  Investment in equity & bullion market has its own risks.  We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.