This daily commodity report provides market information on turmeric, coriander, guar gum, and castorseed futures trading on the NCDEX. It notes the opening, high, low, and closing prices and percent changes for the month. It also provides intraday support and resistance levels. The report discusses economic news affecting commodities, including government credit programs and production estimates. It concludes with technical trading recommendations and disclaimers.

1. DAILY AGRI COMMODITY REPORT
16 July 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
TURMERIC
AUG 7564 7660 7494 7612 +0.90 9950
INTRADAY
LEVELS
SUPPORT SUPP. 1
7517
SUPP. 2
7423
PIVOT
7589
Turmeric short term
trend is bullish and
May continue in
coming days.RESISTAN
CE
RES. 1
7683
RES. 2
7755
CORIANDER
AUG 12035 12035 11665 11690 -1.46 9680
INTRADAY
LEVELS
SUPPORT SUPP.1
11558
SUPP. 2
11427
PIVOT
11797
Coriander short term
trend is bearish and May
continue in coming
days.RESISTAN
CE
RES. 1
11928
RES. 2
12167
GUARGUM
OCT 10080 10170 9620 9620 -3.99 12313
INTRADAY
LEVELS
SUPPORT SUPP. 1
9437
SUPP. 2
9253
PIVOT
9803
Guargum short term
trend is bearish and
May continue in
coming days.RESISTAN
CE
RES. 1
9987
RES. 2
10353
CASTORSEED
AUG 4051 4061 4012 4015 -0.94 43820
INTRADAY
LEVELS
SUPPORT SUPP. 1
3998
SUPP. 2
3980
PIVOT
4029
Castorseed short term
trend is bearish and
May continue in
coming day.RESISTAN
CE
RES. 1
4047
RES. 2
4078

3. Most Active Contract
3
NCDEX INDICES
Index Value
Pre.
Close
%
Change
CASTORSEED 4015 4053 -0.84
CHANA 4423 4440 -0.38
CORIANDER 11690 11863 -1.46
GUARGUM 9620 10020 -3.99
JEERA 16105 16205 -0.62
MUSTARD
SEED
4212 4252 -0.94
SOYABEAN 3506 3556 -1.41
TURMERIC 7612 7544 +0.90
TOP LOSERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE
CHANGE
%
COTTON SEED OIL CAKE
AKOLA
20-07-2015 1869.00 -37.00 -1.94%
SOYABEAN 20-08-2015 3495.00 -46.00 -1.30%
CHANA 20-07-2015 4403.00 -36.00 -0.81%
BARLEY 20-07-2015 1163.00 -8.50 -0.73%
CORIANDER 20-07-2015 11671.00 -83.00 -0.71%
CASTOR SEED NEW 20-07-2015 3914.00 -26.00 -0.66%
RAPESEED-MUSTARD
SEED
20-07-2015 4200.00 -22.00 -0.52%
JEERA 20-07-2015 16140.00 -75.00 -0.46%
TOP GAINERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE CHANGE %
TURMERIC 20-07-2015 7500.00 34.00 0.46%
REFINED SOY OIL 20-08-2015 581.00 0.60 0.10%

4. Commodities In News
4
ECONOMIC NEWS
The state-run National Bank for Agriculture and Rural Development
(Nabard) has set an target of providing Rs 30,000 crore as credit to farmers
for irrigation over the next three years, a senior official said.The agriculture
and rural focused lender has already sanctioned Rs 1,000 crore so far this
year, the official said.This funding will be in addition to the government's
recent announcement of providing Rs 50,000 crore of loans to farmers over
the next five years under the Pradhan Mantri Krishi Sinchai Yojana
(PMKSY)."We have decided to provide loans amounting to Rs 30,000
crore for irrigation to farmers over the next three years. This year we are
looking at providing Rs 10,000 crore of loan for this purpose and I am
happy to inform you that we have already sanctioned Rs 1,000 crore so
far," Nabard Chairman and Managing Director Harsh Kumar Bhanwala
told reporters."Rather than merely creating capacity we are looking at help
improve irrigation efficiency," he added.Speaking at the 34th Foundation
Day of Nabard, Bhanwala said, "the bank has been accredited by the Green
Climate Fund (GCF) as the national implementation agency for climate
change at the rural level.""The idea is to create a Green Climate Fund with
a commitment of USD 100 billion against the present commitment of
around USD 10 billion. So, for this USD 10 billion fund, they want a
proposal to be routed and implemented with chosen entities who are good
in procurement, sensitive to gender issues and who have transparency
mechanism," he said.
The Socio-Economic and Caste Census 2011, the first since 1934,
identifies landlessness as a major source of rural deprivation, and finds that
a majority of rural households depend on manual labour for income. 56 per
cent of rural households own no agricultural land, with Tamil Nadu,
Andhra Pradesh, Kerala and West Bengal having more than 72 per cent
landless. About 51 per cent of rural India depends on manual labour,
including farmwork, for income, and over a third are landless labourers.
Bihar is the worst at 71 per cent and Tamil Nadu at 66 per cent.
Chana settled down on profit booking after seen supported due to
good demand coupled with restricted supply. All the warehouses
registered with Warehouse Development and Regulatory Authority is
exempted from the stock limits. Meanwhile, to control the domestic
prices, centre asked state governments to take stringent action against
hoarders and boost supply in "vulnerable areas" prone to
shortages.There is sufficient stock available in the country due to
record imports as there was nil import duty in chana since last
September. According to the govt data, country has imported about 419
thousand tonnes of chana in 2014-15, which is more than 51.8 per cent
higher than the quantity imported in the entire previous year. Total
import of chana in 2013-14 stood at 2.76 lakh tonnes. As per 3rd
Advance Estimates for 2014-15, Chana production is estimated at 7.59
against 8.28 million tons (mt) in 2nd estimate.Earlier Government has
extended duty free imports of pulses including chana till September
2015.
As per latest release from Solvent Association of India ( SEA of
India), the total exports of castor oil during May 2015 were reported at
49863 tonnes against 40533 tonnes of April due to strong demand from
middle -east and South east market.Though, the fresh sowing castor
seed is reported at higher side due to better rainfall in major growing
states along with higher prices of castor seed in local mandies. As per
latest data release by government , the area under major kharif oilseed
has been increased by almost 355% as on 10th July due to early sowing
of major oilseeds.
Bullish trend continued in turmeric futures in today's trading due to
poor rainfall in major turmeric growing states coupled with strong
exporters buying. The NCDEX futures added 0.64 percent
yesterday.Traders mentioned that weak rainfall was reported in some
parts of Andhra Pradesh and Karnataka. This will delay the sowing of
turmeric crop in the current year. Moreover, some of the farmers may
be switched to some other lucrative crops.

5. 5
Fundamental Watch : Castorseed
CASTORSEED ARRIVALS AT KEY SPOT
MARKET
National Market Update
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 thousand 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.
Castor oil export increased by6.67 percent in June 2015 in comparison to
May 2015.Total castor oil export registered at 503e27 tonne during June
month at an ave price$1360.86 per tonne. Highest and lowest prices were
ranged in between 41209 and $1465 per tonne.
Normal area under castor seed is 10.36 lakh ha. This year till 2nd July,2015
total coverage was registered at 0.42 lakh ha.It is 0.08 lakh ha ahead of last
year.
Castor oil in Rotterdam decreased from $1575 to $1539 per tonne in last one
month and may trade down in the weeks ahead. It was being traded at $1830
per tonne on July 2014.Lower price shows higher availability in global
market.
India exported over 50,000 tonne castor oil in June,2015. China and
Netherland were major buyers for Indian castor oil.As prices are ruling lower
,oil demand may increase in July too.
China brought 19165.55 tonne oil during June,followed by Netherlands,
USA (9472.4 and 6397.63 tonne).Other major buyers were France, Japan and
Korea. Minor buyers brought 5996 tonne castor oil during June,2015.
CENTER 15-July-15 14-July-15 Change
SUMERPUR 3725 3725 UNCH
PATAN 3875 3825 +50
MEHSANA 3875 3860 +15
BHABAR 3860 3875 -15
HARJI 3875 3860 +15
RAJKOT 3770 3720 +50
KADI 3950 3925 +25

6. Technical Outlook
6
SELL CORIANDER AUG BELOW 11620 TARGET 11595 11555 SL
ABOVE 11650
SELL GUARGUM OCT BELOW 9580 TARGET 9530 9460 SL
ABOVE 9640
BUY TURMERIC AUG ABOVE 7660 TARGET 7700 7760 SL
BELOW 7600
SELL CASTORSEED AUG BELOW 4000 TARGET 3975 3945 SL
ABOVE 4030

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.