SlideShare a Scribd company logo
1 of 7
Download to read offline
DAILYAGRI COMMODITY REPORT
13 January 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
YOUR MINTVISORY Call us at +91-731-6642300
Market Views
2
MONTH OPEN HIGH LOW CLOSE % CHG VOL MONTH OPEN HIGH LOW CLOSE % CHG VOL
DHANIYA
APR 8420 8420 8255 8325 -0.16 5700
INTRADAY
LEVELS
SUPPORT SUPP.1
8247
SUPP. 2
8168
PIVOT
8333
Dhaniya short term
trend is up, further
more upside is expected
in comimg days.RESISTAN
CE
RES. 1
8412
RES. 2
8498
CASTORSEED
FEB 4715 4745 4602 4663 -1.35 39670
INTRADAY
LEVELS
SUPPORT SUPP. 1
4595
SUPP. 2
4527
PIVOT
4670
Castorseed short term
trend is down, Prices
expected to go down in
coming days.RESISTAN
CE
RES. 1
4738
RES. 2
4813
TURMERIC
APR 8962 9148 8870 8934 -1.06 19855
INTRADAY
LEVELS
SUPPORT SUPP. 1
8820
SUPP. 2
8706
PIVOT
8984
Turmeric short term
trend is up and may
continue in coming
days.RESISTAN
CE
RES. 1
9098
RES. 2
9262
GUARGUM
FEB 11900 11900 11480 11480 -3.93 7064
INTRADAY
LEVELS
SUPPORT SUPP. 1
11340
SUPP. 2
11200
PIVOT
11620
Guargum Short term
trend is Down,
Expecting price may go
Down in coming days.RESISTAN
CE
RES. 1
11760
RES. 2
12040
Most Active Contract
3
TOP GAINERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE
CHANGE
%
JEERA 20-01-2015 15230.00 280.00 1.87%
CHANA 20-01-2015 3540.00 57.00 1.64%
TURMERIC 20-04-2015 9040.00 88.00 0.98%
COTTON SEED OIL CAKE
AKOLA
20-01-2015 1445.00 8.00 0.56%
REFINED SOY OIL 20-01-2015 670.50 1.00 0.15%
TOP LOSERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE
CHANGE
%
GUR 20-01-2015 982.00 -24.50 -2.43%
CASTOR SEED NEW 20-01-2015 4751.00 -63.00 -1.31%
BARLEY 20-01-2015 1623.00 -20.00 -1.22%
CORIANDER 20-01-2015 11695.00 -131.00 -1.11%
SOYABEAN 20-01-2015 3342.00 -20.00 -0.59%
NCDEX INDICES
Index Value
Pre.
Close
%
Change
CASTORSEED 4663 4727 -1.35
CHANA 3559 3552 0.2
CORIANDER 8325 8338 -0.16
GUARGUM 11480 11950 -3.93
JEERA 15590 14995 3.97
MUSTARD SEED 3612 3562 1.26
SOYABEAN 3470 3473 -0.09
TURMERIC 8934 9034 -1.06
Commodities In News
4
ECONOMIC NEWS
 Pakistan Cotton industry is upset over the increase in cotton yarn
imports of India. All Pakistan Textile Mills Association (APTMA) has
alleged that the abnormal surge in imports is hurting the domestic
textile industry. APTMA officials say Pakistan imported an average of
2,500 tonnes of cotton yarn during July-November 2014-15. These
imports were of fine counts used in production of around 140
products. APTMA said this indicates a 100 per cent rise in imports of
Indian cotton yarn.
Wheat prices dropped in local mandies on thin demand by flour
millers. The commodity is unlikely to see much of an upside as
supplies from FCI are sufficient for large mills requirements. Wheat
crop is seen good though further progress would depend upon the
weather cues. As per Rabi Crops data released by Directorate of
Economics and Statistic, wheat`s sowing area is at 293.16 lakh
hectares as compared to last year's 294.30 lakh hectares. The area
under sowing of total Coarse cereals is at 51.17 lakh hectares as
compared to last year's 56.18 lakh hectares- a drop of around 9%.
All India Average rice price in the beginning of New Year was
move in the range bound as arrival of Kharif crop from northern states
has winding down and likely to be over by end of the month.
Currently non basmati rice market is moving in the range of Rs.2750-
2770/quintal which is almost steady from last week price but we
expect price will move slightly up from current level in coming
weeks.Basmati average prices in December fell sharply by 10-25%
across varieties in major markets like Karnal, Amritsar and Delhi
slackened demand against adequate supplies from producing belts.
Progressive arrival of aromatic paddy varieties in Karnal mandi in
Haryana was 249720 Quintal which is 35% higher than last year’s
arrival of 185572 Quintal, illustrating the significantly higher arrivals.
The upside momentum may persist in Chana futures supported by
fundamentals of lower sowing this season in major producing states.Extending
Duty-free import for Pulses till March 31 created a further selling pressure for
Pulses complex. Profit booking at the higher levels amidst reports that
Government may not be willing to impose 10% import duty on Pulses also
kept trend weak.Domestic demand however likely to pick up again at the
lower levels as overall market sentiments remain firm. Fall in Rabi sowing
area for Rabi Pulses and lower International production prospects could
support prices in medium to long term however. NCDEX Chana January
futures traded on a Positive note on Monday. Chana January contract gained
1.61% to 3541 levels on Monday at India's National Commodity &
Derivatives Exchange Limited (NCDEX).As per USDA, expected pulses
production in USA is up by 8% to 2,232,630 metric tonne during 2014 from
last year. Reports from Canada indicate chickpea production there expected to
fall to 0.14 million MT in 2014-15—down from 0.18 million MT in 2013-
14due to lower yield.
Turmeric futures are likely to gather fresh buying from lower levels due to
strong demand in northern mandies accompanied with poor production
estimates in major producing states. Traders will initiate fresh longs from
9080-9100 levels today.As per the market sources, northern India's mandies
have reported strong demand at current level to meet marriage season demand.
Moreover, strong stockiest demand with the anticipation of weak production
will also support the prices in the near term.Traders projected that the total
turmeric production is estimated at around 45-47 lakh tonnes in the current
year, down 22 lakh tonnes from the last year. The major decline is mainly on
the account of lower crop in Tamilnadu and Karnataka.The NCDEX Turmeric
April futures higher in the last trading at Rs 9030 per quintal.
Bearish trend continued in coriander prices as prices declined by almost Rs
150 per quintal at Kota mandi due to favourable rainfall in major coriander
states Madhya Pradesh and Rajasthan. Traders are expecting further selling in
the near term.
5
Fundamental Watch :Cotton
COTTON ARRIVALS AT KEY SPOT
MARKET
National Market Update
Cotton market noticed mixed tone on Monday. Cotton prices are under the
pressure of bears as Cotton Corporation of India (CCI) has announced the
commencement of sale of cotton from 15 January onwards, which it has
procured from different centers at MSP in the current season (Oct’14-
Sept’15).Cotton Corporation of India (CCI), has procured 41 lakh bales (of
170 kg each) of cotton at MSP, till now this year from the major cotton
growing region including Andhra Pradesh, Telangana and Maharashtra.
Around 27 lakh bales of cotton from Andhra Pradesh and Telangana, 7 lakh
bales from Maharahtra, 2.20 lakh bales from Gujarat and 2 lakh bales from
Punjab, Haryana and Rajasthan have been procured by Cotton Corporation of
India. The International Cotton Advisory Committee (ICAC) see the growth in
cotton consumption this season 2014-15, with a estimated surplus of 1.7
million tons in world output of cotton. Ending stocks would stand around 21.3
million tonnes by the end of current season, around 9% higher from the
previous season. Cotton output in India would remain stable at 6.8 million
tonnes due to unfavorable situation of monsoon. Cotton industry in India
noticed overall growth in 2014-15 and production is likely to be around 40.2
million bales, said Cotton Association of India (CAI). Cotton output was 15.8
million bales in 2001-02, which has more than doubled in 2014-15.
The Bangladesh's cotton consumption will rise 4.08% in fiscal 2015-16, on
higher demand from local spinners and foreign investors in the textile sector-
Economist Intelligence Unit (EIU) forecasts. The Egypt government will no
longer pay the subsidy of 350 Egyptian pounds per qintar(160 kg) for high
quality cotton (extra long staple cotton, once known as the country's "white
gold") and also advised to farmers that not to plant the crop unless they have
contracts to sell the same. Pakistan Bureau of Statistics revealed that textile
and clothing export surged to $1.128 billion in November 2014 from $998.143
million in the corresponding period of last year, an increase of 7.01 per cent.
CENTER 12-Jan-15 10-Jan-15 Change
AMRAVATI 11500 11000 +500
RAJKOT 4650 4800 -150
PATAN 16325 15550 775
DEESA 2175 2525 -350
BHIWANI 1000 2000 -1000
GONDAL 2524 2204 320
MAHESANA 15000 20000 -5000
Technical Outlook
6
BUY DHANIYA APR ABOVE 8350 TGTS 8380,8430 SL 8300 SELL GUARGUM FEB BELOW 11470 TGTS 11420,11320 SL 11560
SELL CASTORSEED FEB BELOW 4620 TGTS 4590,4540 SL 4670 BUY TMC APR ABOVE 9200 TGTS 9250,9350 SL 9110
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 18 march 2015
Epic research daily agri report  18 march 2015Epic research daily agri report  18 march 2015
Epic research daily agri report 18 march 2015Epic Research Limited
 
Epic research daily agri report 07 jan 2015
Epic research daily agri report  07 jan 2015Epic research daily agri report  07 jan 2015
Epic research daily agri report 07 jan 2015Epic Research Limited
 
Epic research daily agri report 31 dec 2015
Epic research daily agri report 31 dec 2015Epic research daily agri report 31 dec 2015
Epic research daily agri report 31 dec 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 10 august 2015
Epic research  daily agri report 10 august 2015Epic research  daily agri report 10 august 2015
Epic research daily agri report 10 august 2015Epic Research Limited
 
Epic research daily agri report 24 sept 2015
Epic research daily agri report 24 sept 2015Epic research daily agri report 24 sept 2015
Epic research daily agri report 24 sept 2015Epic Research Limited
 
Epic research daily agri report 06 jan 2015
Epic research daily agri report  06 jan 2015Epic research daily agri report  06 jan 2015
Epic research daily agri report 06 jan 2015Epic Research Limited
 
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 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 15 jan 2015
Epic research daily agri report  15 jan 2015Epic research daily agri report  15 jan 2015
Epic research daily agri report 15 jan 2015Epic Research Limited
 
Epic research daily agri report 12 jan 2015
Epic research daily agri report  12 jan 2015Epic research daily agri report  12 jan 2015
Epic research daily agri report 12 jan 2015Epic Research Limited
 
Epic research daily agri report 19 nov 2015
Epic research daily agri report 19 nov 2015Epic research daily agri report 19 nov 2015
Epic research daily agri report 19 nov 2015Epic Research Limited
 
Daily agri report by epic research 08 sep 2014
Daily agri report by epic research 08 sep  2014Daily agri report by epic research 08 sep  2014
Daily agri report by epic research 08 sep 2014Epic Research Limited
 
Epic research daily agri report 29 april 2015
Epic research daily agri report  29 april 2015Epic research daily agri report  29 april 2015
Epic research daily agri report 29 april 2015Epic Research Limited
 
Epic research daily agri report 08 jan 2015
Epic research daily agri report  08 jan 2015Epic research daily agri report  08 jan 2015
Epic research daily agri report 08 jan 2015Epic Research Limited
 
Epic research daily agri report 01 jan 2015
Epic research daily agri report  01 jan 2015Epic research daily agri report  01 jan 2015
Epic research daily agri report 01 jan 2015Epic Research Limited
 
Epic research weekly agri report 20th to 25th april 2015
Epic research weekly agri report  20th to 25th  april 2015Epic research weekly agri report  20th to 25th  april 2015
Epic research weekly agri report 20th to 25th april 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 28th may 2015
Epic research  daily agri report 28th may  2015Epic research  daily agri report 28th may  2015
Epic research daily agri report 28th may 2015Epic Research Limited
 
Epic research daily agri report 28 jan 2016
Epic research daily agri report 28 jan 2016Epic research daily agri report 28 jan 2016
Epic research daily agri report 28 jan 2016Epic Research Limited
 

What's hot (20)

Epic research daily agri report 18 march 2015
Epic research daily agri report  18 march 2015Epic research daily agri report  18 march 2015
Epic research daily agri report 18 march 2015
 
Epic research daily agri report 07 jan 2015
Epic research daily agri report  07 jan 2015Epic research daily agri report  07 jan 2015
Epic research daily agri report 07 jan 2015
 
Epic research daily agri report 31 dec 2015
Epic research daily agri report 31 dec 2015Epic research daily agri report 31 dec 2015
Epic research daily agri report 31 dec 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 10 august 2015
Epic research  daily agri report 10 august 2015Epic research  daily agri report 10 august 2015
Epic research daily agri report 10 august 2015
 
Epic research daily agri report 24 sept 2015
Epic research daily agri report 24 sept 2015Epic research daily agri report 24 sept 2015
Epic research daily agri report 24 sept 2015
 
Epic research daily agri report 06 jan 2015
Epic research daily agri report  06 jan 2015Epic research daily agri report  06 jan 2015
Epic research daily agri report 06 jan 2015
 
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 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 15 jan 2015
Epic research daily agri report  15 jan 2015Epic research daily agri report  15 jan 2015
Epic research daily agri report 15 jan 2015
 
Epic research daily agri report 12 jan 2015
Epic research daily agri report  12 jan 2015Epic research daily agri report  12 jan 2015
Epic research daily agri report 12 jan 2015
 
Epic research daily agri report 19 nov 2015
Epic research daily agri report 19 nov 2015Epic research daily agri report 19 nov 2015
Epic research daily agri report 19 nov 2015
 
Daily agri report by epic research 08 sep 2014
Daily agri report by epic research 08 sep  2014Daily agri report by epic research 08 sep  2014
Daily agri report by epic research 08 sep 2014
 
Epic research daily agri report 29 april 2015
Epic research daily agri report  29 april 2015Epic research daily agri report  29 april 2015
Epic research daily agri report 29 april 2015
 
Epic research daily agri report 08 jan 2015
Epic research daily agri report  08 jan 2015Epic research daily agri report  08 jan 2015
Epic research daily agri report 08 jan 2015
 
Epic research daily agri report 01 jan 2015
Epic research daily agri report  01 jan 2015Epic research daily agri report  01 jan 2015
Epic research daily agri report 01 jan 2015
 
Epic research weekly agri report 20th to 25th april 2015
Epic research weekly agri report  20th to 25th  april 2015Epic research weekly agri report  20th to 25th  april 2015
Epic research weekly agri report 20th to 25th april 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 28th may 2015
Epic research  daily agri report 28th may  2015Epic research  daily agri report 28th may  2015
Epic research daily agri report 28th may 2015
 
Epic research daily agri report 28 jan 2016
Epic research daily agri report 28 jan 2016Epic research daily agri report 28 jan 2016
Epic research daily agri report 28 jan 2016
 

Viewers also liked

Ülkelerin bayrakları ve başkentleri
Ülkelerin bayrakları ve başkentleriÜlkelerin bayrakları ve başkentleri
Ülkelerin bayrakları ve başkentleribilizyon
 
Bezpieczny stok.
Bezpieczny stok.Bezpieczny stok.
Bezpieczny stok.dorotax
 
Controversy Helps PK Movie trend in Social Media
Controversy Helps PK Movie trend in Social MediaControversy Helps PK Movie trend in Social Media
Controversy Helps PK Movie trend in Social MediaSimplify360
 
Időutazók a felvidéken
Időutazók a felvidékenIdőutazók a felvidéken
Időutazók a felvidékenHevesi Maria
 
mHealth Israel conference 2014_Thierry Zylberberg_Head of Healthcare_Orange
mHealth Israel conference 2014_Thierry Zylberberg_Head of Healthcare_OrangemHealth Israel conference 2014_Thierry Zylberberg_Head of Healthcare_Orange
mHealth Israel conference 2014_Thierry Zylberberg_Head of Healthcare_OrangeLevi Shapiro
 
Elektronika analog dan digital
Elektronika analog dan digitalElektronika analog dan digital
Elektronika analog dan digitalDwi Agus Hadi
 
img-927142246-0001
img-927142246-0001img-927142246-0001
img-927142246-0001kiruba karan
 
IMMOfair Kegelgasse Wien - Eigentumswohnungen
IMMOfair Kegelgasse Wien - EigentumswohnungenIMMOfair Kegelgasse Wien - Eigentumswohnungen
IMMOfair Kegelgasse Wien - EigentumswohnungenIMMOfair Immobilien Wien
 
NEOHINDUIZAM - 12/25 - tečaj: INDIJSKE RELIGIJE I FILOZOFSKI SUSTAVI
NEOHINDUIZAM - 12/25 - tečaj: INDIJSKE RELIGIJE I FILOZOFSKI SUSTAVINEOHINDUIZAM - 12/25 - tečaj: INDIJSKE RELIGIJE I FILOZOFSKI SUSTAVI
NEOHINDUIZAM - 12/25 - tečaj: INDIJSKE RELIGIJE I FILOZOFSKI SUSTAVIIolar
 

Viewers also liked (12)

Ülkelerin bayrakları ve başkentleri
Ülkelerin bayrakları ve başkentleriÜlkelerin bayrakları ve başkentleri
Ülkelerin bayrakları ve başkentleri
 
Bezpieczny stok.
Bezpieczny stok.Bezpieczny stok.
Bezpieczny stok.
 
Controversy Helps PK Movie trend in Social Media
Controversy Helps PK Movie trend in Social MediaControversy Helps PK Movie trend in Social Media
Controversy Helps PK Movie trend in Social Media
 
Időutazók a felvidéken
Időutazók a felvidékenIdőutazók a felvidéken
Időutazók a felvidéken
 
mHealth Israel conference 2014_Thierry Zylberberg_Head of Healthcare_Orange
mHealth Israel conference 2014_Thierry Zylberberg_Head of Healthcare_OrangemHealth Israel conference 2014_Thierry Zylberberg_Head of Healthcare_Orange
mHealth Israel conference 2014_Thierry Zylberberg_Head of Healthcare_Orange
 
Search as Research by Augustine Fou, PhD.
Search as Research by Augustine Fou, PhD.Search as Research by Augustine Fou, PhD.
Search as Research by Augustine Fou, PhD.
 
Elektronika analog dan digital
Elektronika analog dan digitalElektronika analog dan digital
Elektronika analog dan digital
 
img-927142246-0001
img-927142246-0001img-927142246-0001
img-927142246-0001
 
CV_IFRS specialist.docx
CV_IFRS specialist.docxCV_IFRS specialist.docx
CV_IFRS specialist.docx
 
Certificate of GEM
Certificate of GEMCertificate of GEM
Certificate of GEM
 
IMMOfair Kegelgasse Wien - Eigentumswohnungen
IMMOfair Kegelgasse Wien - EigentumswohnungenIMMOfair Kegelgasse Wien - Eigentumswohnungen
IMMOfair Kegelgasse Wien - Eigentumswohnungen
 
NEOHINDUIZAM - 12/25 - tečaj: INDIJSKE RELIGIJE I FILOZOFSKI SUSTAVI
NEOHINDUIZAM - 12/25 - tečaj: INDIJSKE RELIGIJE I FILOZOFSKI SUSTAVINEOHINDUIZAM - 12/25 - tečaj: INDIJSKE RELIGIJE I FILOZOFSKI SUSTAVI
NEOHINDUIZAM - 12/25 - tečaj: INDIJSKE RELIGIJE I FILOZOFSKI SUSTAVI
 

Similar to Epic research daily agri report 13 jan 2015

Epic research daily agri report 19 jan 2015
Epic research daily agri report  19 jan 2015Epic research daily agri report  19 jan 2015
Epic research daily agri report 19 jan 2015Epic Research Limited
 
Epic research daily agri report 13 feb 2015
Epic research daily agri report  13 feb 2015Epic research daily agri report  13 feb 2015
Epic research daily agri report 13 feb 2015Epic Research Limited
 
Epic research daily agri report 03 nov 2015
Epic research daily agri report 03 nov 2015Epic research daily agri report 03 nov 2015
Epic research daily agri report 03 nov 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 21 april 2015
Epic research daily agri report  21 april 2015Epic research daily agri report  21 april 2015
Epic research daily agri report 21 april 2015Epic Research Limited
 
Epic research daily agri report 10 feb 2015
Epic research daily agri report  10 feb 2015Epic research daily agri report  10 feb 2015
Epic research daily agri report 10 feb 2015Epic Research Limited
 
Epic research daily agri report 05 august 2015
Epic research  daily agri report 05 august 2015Epic research  daily agri report 05 august 2015
Epic research daily agri report 05 august 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 feb 2015
Epic research daily agri report  20 feb 2015Epic research daily agri report  20 feb 2015
Epic research daily agri report 20 feb 2015Epic Research Limited
 
Epic research daily agri report 27 nov 2015
Epic research daily agri report 27 nov 2015Epic research daily agri report 27 nov 2015
Epic research daily agri report 27 nov 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 17 nov 2014
Epic research daily  agri report  17 nov 2014Epic research daily  agri report  17 nov 2014
Epic research daily agri report 17 nov 2014Epic Research Limited
 
Epic research daily agri report 13 oct 2015
Epic research daily agri report 13 oct 2015Epic research daily agri report 13 oct 2015
Epic research daily agri report 13 oct 2015Epic Research Limited
 
Epic research daily agri report 06 feb 2015
Epic research daily agri report  06 feb 2015Epic research daily agri report  06 feb 2015
Epic research daily agri report 06 feb 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 17 nov 2015
Epic research daily agri report 17 nov 2015Epic research daily agri report 17 nov 2015
Epic research daily agri report 17 nov 2015Epic Research Limited
 
Epic research daily agri report 05 jan 2016
Epic research daily agri report 05 jan 2016Epic research daily agri report 05 jan 2016
Epic research daily agri report 05 jan 2016Epic 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
 
Daily agri report by epic research 05 sep 2014
Daily agri report by epic research 05 sep  2014Daily agri report by epic research 05 sep  2014
Daily agri report by epic research 05 sep 2014Epic Research Limited
 
Epic research daily agri report 20 jan 2015
Epic research daily agri report  20 jan 2015Epic research daily agri report  20 jan 2015
Epic research daily agri report 20 jan 2015Epic Research Limited
 

Similar to Epic research daily agri report 13 jan 2015 (20)

Epic research daily agri report 19 jan 2015
Epic research daily agri report  19 jan 2015Epic research daily agri report  19 jan 2015
Epic research daily agri report 19 jan 2015
 
Epic research daily agri report 13 feb 2015
Epic research daily agri report  13 feb 2015Epic research daily agri report  13 feb 2015
Epic research daily agri report 13 feb 2015
 
Epic research daily agri report 03 nov 2015
Epic research daily agri report 03 nov 2015Epic research daily agri report 03 nov 2015
Epic research daily agri report 03 nov 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 21 april 2015
Epic research daily agri report  21 april 2015Epic research daily agri report  21 april 2015
Epic research daily agri report 21 april 2015
 
Epic research daily agri report 10 feb 2015
Epic research daily agri report  10 feb 2015Epic research daily agri report  10 feb 2015
Epic research daily agri report 10 feb 2015
 
Epic research daily agri report 05 august 2015
Epic research  daily agri report 05 august 2015Epic research  daily agri report 05 august 2015
Epic research daily agri report 05 august 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 feb 2015
Epic research daily agri report  20 feb 2015Epic research daily agri report  20 feb 2015
Epic research daily agri report 20 feb 2015
 
Epic research daily agri report 27 nov 2015
Epic research daily agri report 27 nov 2015Epic research daily agri report 27 nov 2015
Epic research daily agri report 27 nov 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 17 nov 2014
Epic research daily  agri report  17 nov 2014Epic research daily  agri report  17 nov 2014
Epic research daily agri report 17 nov 2014
 
Epic research daily agri report 13 oct 2015
Epic research daily agri report 13 oct 2015Epic research daily agri report 13 oct 2015
Epic research daily agri report 13 oct 2015
 
Epic research daily agri report 06 feb 2015
Epic research daily agri report  06 feb 2015Epic research daily agri report  06 feb 2015
Epic research daily agri report 06 feb 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 17 nov 2015
Epic research daily agri report 17 nov 2015Epic research daily agri report 17 nov 2015
Epic research daily agri report 17 nov 2015
 
Epic research daily agri report 05 jan 2016
Epic research daily agri report 05 jan 2016Epic research daily agri report 05 jan 2016
Epic research daily agri report 05 jan 2016
 
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
 
Daily agri report by epic research 05 sep 2014
Daily agri report by epic research 05 sep  2014Daily agri report by epic research 05 sep  2014
Daily agri report by epic research 05 sep 2014
 
Epic research daily agri report 20 jan 2015
Epic research daily agri report  20 jan 2015Epic research daily agri report  20 jan 2015
Epic research daily agri report 20 jan 2015
 

Recently uploaded

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
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 
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
 
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
 
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneVIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneCall girls in Ahmedabad High profile
 
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service DewasVip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewasmakika9823
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communicationskarancommunications
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝soniya singh
 
Non Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptxNon Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptxAbhayThakur200703
 
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
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear RegressionRavindra Nath Shukla
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Tina Ji
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...lizamodels9
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
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
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
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
 

Recently uploaded (20)

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
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
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
 
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...
 
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneVIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
 
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service DewasVip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
 
Non Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptxNon Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptx
 
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
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear Regression
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
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
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
 
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
 

Epic research daily agri report 13 jan 2015

  • 1. DAILYAGRI COMMODITY REPORT 13 January 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 YOUR MINTVISORY Call us at +91-731-6642300
  • 2. Market Views 2 MONTH OPEN HIGH LOW CLOSE % CHG VOL MONTH OPEN HIGH LOW CLOSE % CHG VOL DHANIYA APR 8420 8420 8255 8325 -0.16 5700 INTRADAY LEVELS SUPPORT SUPP.1 8247 SUPP. 2 8168 PIVOT 8333 Dhaniya short term trend is up, further more upside is expected in comimg days.RESISTAN CE RES. 1 8412 RES. 2 8498 CASTORSEED FEB 4715 4745 4602 4663 -1.35 39670 INTRADAY LEVELS SUPPORT SUPP. 1 4595 SUPP. 2 4527 PIVOT 4670 Castorseed short term trend is down, Prices expected to go down in coming days.RESISTAN CE RES. 1 4738 RES. 2 4813 TURMERIC APR 8962 9148 8870 8934 -1.06 19855 INTRADAY LEVELS SUPPORT SUPP. 1 8820 SUPP. 2 8706 PIVOT 8984 Turmeric short term trend is up and may continue in coming days.RESISTAN CE RES. 1 9098 RES. 2 9262 GUARGUM FEB 11900 11900 11480 11480 -3.93 7064 INTRADAY LEVELS SUPPORT SUPP. 1 11340 SUPP. 2 11200 PIVOT 11620 Guargum Short term trend is Down, Expecting price may go Down in coming days.RESISTAN CE RES. 1 11760 RES. 2 12040
  • 3. Most Active Contract 3 TOP GAINERS SYMBOL EXPIRY DATE CURRENT PRICE CHANGE CHANGE % JEERA 20-01-2015 15230.00 280.00 1.87% CHANA 20-01-2015 3540.00 57.00 1.64% TURMERIC 20-04-2015 9040.00 88.00 0.98% COTTON SEED OIL CAKE AKOLA 20-01-2015 1445.00 8.00 0.56% REFINED SOY OIL 20-01-2015 670.50 1.00 0.15% TOP LOSERS SYMBOL EXPIRY DATE CURRENT PRICE CHANGE CHANGE % GUR 20-01-2015 982.00 -24.50 -2.43% CASTOR SEED NEW 20-01-2015 4751.00 -63.00 -1.31% BARLEY 20-01-2015 1623.00 -20.00 -1.22% CORIANDER 20-01-2015 11695.00 -131.00 -1.11% SOYABEAN 20-01-2015 3342.00 -20.00 -0.59% NCDEX INDICES Index Value Pre. Close % Change CASTORSEED 4663 4727 -1.35 CHANA 3559 3552 0.2 CORIANDER 8325 8338 -0.16 GUARGUM 11480 11950 -3.93 JEERA 15590 14995 3.97 MUSTARD SEED 3612 3562 1.26 SOYABEAN 3470 3473 -0.09 TURMERIC 8934 9034 -1.06
  • 4. Commodities In News 4 ECONOMIC NEWS  Pakistan Cotton industry is upset over the increase in cotton yarn imports of India. All Pakistan Textile Mills Association (APTMA) has alleged that the abnormal surge in imports is hurting the domestic textile industry. APTMA officials say Pakistan imported an average of 2,500 tonnes of cotton yarn during July-November 2014-15. These imports were of fine counts used in production of around 140 products. APTMA said this indicates a 100 per cent rise in imports of Indian cotton yarn. Wheat prices dropped in local mandies on thin demand by flour millers. The commodity is unlikely to see much of an upside as supplies from FCI are sufficient for large mills requirements. Wheat crop is seen good though further progress would depend upon the weather cues. As per Rabi Crops data released by Directorate of Economics and Statistic, wheat`s sowing area is at 293.16 lakh hectares as compared to last year's 294.30 lakh hectares. The area under sowing of total Coarse cereals is at 51.17 lakh hectares as compared to last year's 56.18 lakh hectares- a drop of around 9%. All India Average rice price in the beginning of New Year was move in the range bound as arrival of Kharif crop from northern states has winding down and likely to be over by end of the month. Currently non basmati rice market is moving in the range of Rs.2750- 2770/quintal which is almost steady from last week price but we expect price will move slightly up from current level in coming weeks.Basmati average prices in December fell sharply by 10-25% across varieties in major markets like Karnal, Amritsar and Delhi slackened demand against adequate supplies from producing belts. Progressive arrival of aromatic paddy varieties in Karnal mandi in Haryana was 249720 Quintal which is 35% higher than last year’s arrival of 185572 Quintal, illustrating the significantly higher arrivals. The upside momentum may persist in Chana futures supported by fundamentals of lower sowing this season in major producing states.Extending Duty-free import for Pulses till March 31 created a further selling pressure for Pulses complex. Profit booking at the higher levels amidst reports that Government may not be willing to impose 10% import duty on Pulses also kept trend weak.Domestic demand however likely to pick up again at the lower levels as overall market sentiments remain firm. Fall in Rabi sowing area for Rabi Pulses and lower International production prospects could support prices in medium to long term however. NCDEX Chana January futures traded on a Positive note on Monday. Chana January contract gained 1.61% to 3541 levels on Monday at India's National Commodity & Derivatives Exchange Limited (NCDEX).As per USDA, expected pulses production in USA is up by 8% to 2,232,630 metric tonne during 2014 from last year. Reports from Canada indicate chickpea production there expected to fall to 0.14 million MT in 2014-15—down from 0.18 million MT in 2013- 14due to lower yield. Turmeric futures are likely to gather fresh buying from lower levels due to strong demand in northern mandies accompanied with poor production estimates in major producing states. Traders will initiate fresh longs from 9080-9100 levels today.As per the market sources, northern India's mandies have reported strong demand at current level to meet marriage season demand. Moreover, strong stockiest demand with the anticipation of weak production will also support the prices in the near term.Traders projected that the total turmeric production is estimated at around 45-47 lakh tonnes in the current year, down 22 lakh tonnes from the last year. The major decline is mainly on the account of lower crop in Tamilnadu and Karnataka.The NCDEX Turmeric April futures higher in the last trading at Rs 9030 per quintal. Bearish trend continued in coriander prices as prices declined by almost Rs 150 per quintal at Kota mandi due to favourable rainfall in major coriander states Madhya Pradesh and Rajasthan. Traders are expecting further selling in the near term.
  • 5. 5 Fundamental Watch :Cotton COTTON ARRIVALS AT KEY SPOT MARKET National Market Update Cotton market noticed mixed tone on Monday. Cotton prices are under the pressure of bears as Cotton Corporation of India (CCI) has announced the commencement of sale of cotton from 15 January onwards, which it has procured from different centers at MSP in the current season (Oct’14- Sept’15).Cotton Corporation of India (CCI), has procured 41 lakh bales (of 170 kg each) of cotton at MSP, till now this year from the major cotton growing region including Andhra Pradesh, Telangana and Maharashtra. Around 27 lakh bales of cotton from Andhra Pradesh and Telangana, 7 lakh bales from Maharahtra, 2.20 lakh bales from Gujarat and 2 lakh bales from Punjab, Haryana and Rajasthan have been procured by Cotton Corporation of India. The International Cotton Advisory Committee (ICAC) see the growth in cotton consumption this season 2014-15, with a estimated surplus of 1.7 million tons in world output of cotton. Ending stocks would stand around 21.3 million tonnes by the end of current season, around 9% higher from the previous season. Cotton output in India would remain stable at 6.8 million tonnes due to unfavorable situation of monsoon. Cotton industry in India noticed overall growth in 2014-15 and production is likely to be around 40.2 million bales, said Cotton Association of India (CAI). Cotton output was 15.8 million bales in 2001-02, which has more than doubled in 2014-15. The Bangladesh's cotton consumption will rise 4.08% in fiscal 2015-16, on higher demand from local spinners and foreign investors in the textile sector- Economist Intelligence Unit (EIU) forecasts. The Egypt government will no longer pay the subsidy of 350 Egyptian pounds per qintar(160 kg) for high quality cotton (extra long staple cotton, once known as the country's "white gold") and also advised to farmers that not to plant the crop unless they have contracts to sell the same. Pakistan Bureau of Statistics revealed that textile and clothing export surged to $1.128 billion in November 2014 from $998.143 million in the corresponding period of last year, an increase of 7.01 per cent. CENTER 12-Jan-15 10-Jan-15 Change AMRAVATI 11500 11000 +500 RAJKOT 4650 4800 -150 PATAN 16325 15550 775 DEESA 2175 2525 -350 BHIWANI 1000 2000 -1000 GONDAL 2524 2204 320 MAHESANA 15000 20000 -5000
  • 6. Technical Outlook 6 BUY DHANIYA APR ABOVE 8350 TGTS 8380,8430 SL 8300 SELL GUARGUM FEB BELOW 11470 TGTS 11420,11320 SL 11560 SELL CASTORSEED FEB BELOW 4620 TGTS 4590,4540 SL 4670 BUY TMC APR ABOVE 9200 TGTS 9250,9350 SL 9110
  • 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.