SlideShare a Scribd company logo
1 of 7
Download to read offline
DAILY AGRI COMMODITY REPORT
16 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
TURMERIC
JULY 7422 7450 7166 7166 -3.99 13625
INTRADAY
LEVELS
SUPPORT SUPP. 1
7071
SUPP. 2
6977
PIVOT
7260
Turmeric short term
trend is down and May
continue in coming
days.RESISTAN
CE
RES. 1
7355
RES. 2
7545
CORIANDER
JULY 12350 12360 11975 12320 -1.21 21720
INTRADAY
LEVELS
SUPPORT SUPP.1
12077
SUPP. 2
11833
PIVOT
12218
Coriander short term
trend is up and May
continue in coming
days.RESISTAN
CE
RES. 1
12462
RES. 2
12603
GUARGUM
JULY 11310 11310 10910 10910 -3.96 200320
INTRADAY
LEVELS
SUPPORT SUPP. 1
10776
SUPP. 2
10643
PIVOT
11043
Guargum short term
trend is down and May
continue in coming
days.RESISTAN
CE
RES. 1
11177
RES. 2
11443
CASTORSEED
JULY 4142 4145 4035 4048 -2.72 94000
INTRADAY
LEVELS
SUPPORT SUPP. 1
4007
SUPP. 2
3966
PIVOT
4076
Castorseed short term
trend is up and May
continue in coming
days..RESISTAN
CE
RES. 1
4117
RES. 2
4186
Most Active Contract
3
NCDEX INDICES
Index Value
Pre.
Close
%
Change
CASTORSEED 4048 4161 -2.72
CHANA 4496 4637 -3.04
CORIANDER 12300 12451 -1.21
GUARGUM 10910 11360 -3.96
JEERA 16230 16825 -3.54
MUSTARD
SEED
4150 4230 -1.82
SOYABEAN 3529 3673 -3.92
TURMERIC 7166 7464 -3.99
TOP LOSERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE
CHANGE
%
SOYABEAN 19-06-2015 3620.00 -190.00 -4.99%
TURMERIC 19-06-2015 7076.00 -352.00 -4.74%
CORIANDER 19-06-2015 11918.00 -451.00 -3.65%
CHANA 19-06-2015 4440.00 -150.00 -3.27%
JEERA 19-06-2015 16080.00 -510.00 -3.07%
CASTOR SEED NEW 19-06-2015 3930.00 -71.00 -1.77%
BARLEY 19-06-2015 1247.50 -17.00 -1.34%
RAPESEED-MUSTARD
SEED
19-06-2015 4110.00 -52.00 -1.25%
TOP GAINERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE CHANGE %
COTTON SEED OIL CAKE
AKOLA
19-06-2015 1759.00 7.00 0.40%
REFINED SOY OIL 19-06-2015 606.45 1.55 0.26%
Commodities In News
4
ECONOMIC NEWS
At a time when fears of another drought year are looming large, an RTI
application filed by a leading newspaper has revealed that the quantity of
foodgrains damaged in Food Corporation of India godowns across the
country recorded a drastic jump over the last two years when the country
lost more than 40,000 tonnes.Though the losses are attributed to natural
calamities like cyclone and floods, experts say it is also an indication of
poor storage facilities, pilferage and transit loss.The reply from FCI,
responsible for procurement and distribution of foodgrains, shows that the
damaged quantity rose threefold in five years — from 6,346 tonnes in
2010-11 to 18,847.22 tonnes in 2014-15. While 3,338.01 tonnes were
damaged in 2011-12 and 3,148.44 tonnes were damaged in 2012-13, as
many as 24,695.45 tonnes suffered damage in 2013-14.However, it
claimed that no damage could be directly attributed to lack of adequate
storage and handling facilities but did not give the financial loss suffered.
FCI chairman and managing director C Viswanath could not be reached for
comment.
From crop year 2015-16, the Madhya Pradesh government had decided
to dole out crop loans bearing an interest rate of minus 10 per cent (-10%).
About 40% of the farmers who receive crop loan are going to be eligible
for this beneficial scheme. "We have been giving crop loans at zero per
cent rate of interest. Now we want to give it at -10 per cent interest rate
because there is no alternative to farming. We can not grow our wheat, rice
or chana in the factories," said Madhya Pradesh chief minister Shivraj
Singh Chauhan.He was speaking at the National Conference on Crop
Insurance in Bhopal today. Meanwhile, Madhya Pradesh has withdrawn
the bonus it used to give to farmers for paddy, wheat and maize over and
above the minimum support price (MSP) as there is over production of
these crops in the state.
 The Jeera crop has been affected due to unseasonal rains in growing
regions mainly in Rajasthan. Regular demand from stockists had been
noted but got adversely affected at these higher levels. There will not be
any direct impact of Monsoon progress on Jeera as sowing is far away
for the commodity. However it may affect the market sentiments to some
extent depending on the arrival and the progress of Monsoon towards the
growing states of Gujarat and Rajasthan. Harvesting has been affected
on late rains in Rajasthan and overall output could suffer.According to a
latest update from the Agriculture Ministry there has been an increase in
the area under Rabi crop coverage that was affected by unseasonal
rainfall and hailstorms from late February to early April.
Turmeric settled down due to arrival of medium and lower quality
turmeric in the spot Market. Sources are expecting the total production in
the range of 50-52 lakh bags in the current year, down 20 lakh bags from
the last year in the same period. Sources also stated that around 75lakh
bags of total stocks have been reported in local mandies. The news of a
below monsoon forecast by the IMD came as a blessing for the buyers as
prices had turned significantly cheaper for initiating fresh purchases.
Bargain buying is likely to continue in chana futures due to limited
supplies in local mandies coupled with weak kharif pulses sowing
progress so far in the current year. The NCDEX futures to test 4665-
4675 levels in the near term.As per the market sources, the total daily
arrivals have been reduced to 25 motors at Delhi mandi against 40
motors of the previous month. This was mainly on the account of limited
supplies from Rajasthan and Madhya Pradesh mandies.The prices will
also be well supported by weak sowing progress of kharif pulses so far
in the current year. The sowing of pulses has been reported at 2.46 lakh
hectares on 12th June 2015 against 2.75 lakh hectares of the last year in
the same period.
5
Fundamental Watch : Chana
CHANA ARRIVALS AT KEY SPOT MARKETNational Market Update
Government had shown interest to buy 22629 tonnes of pulses from NAFED
and import huge amount of pulses from producing countries to control prices
in domestic retail market. Government has decided to float tenders to import
chana from Australia, yellow peas from Canada and other pulses from
Myanmar. These steps may increase International pulses market as stocks in
exporting countries are limited and new arrivals are expected to come August
onwards.
This year pulses prices are ruling higher and farmers intend to grow more
pulses this year. In normal weather condition acreage is likely to increase by
20 percent. However, as farmers opine that lower rainfall can change farmer’s
intention and they may go for another lucrative cash crop. If growing areas
receives normal rainfall, production and productivity are bound to increase.
Under lower rainfall condition, increase in acreage could be restricted.
However, in any condition pulses area in kharif would be higher in
comparison to last year.
According to farmer’s intention in Jalana and Latur region of Maharashtra,
urad and moong area may increase by 10% as compared to last year. Sowing
has started in these regions and overall condition is good for pulses plantation.
China for the second year in a row was net importer of Pulses. According to
the latest report compiled by STAT it imported 2.50 MMT of pulses in 2014
against 5.67 MMT in 2013. In 2014 it imported 8.17 MMT of pulses against
export of 5.67 MMT. China was a net exporter of pulses until the 2013
calendar year. In 2012, China exported 3.67 MMT more pulses than it
imported.
CENTER 15-June-15 13-June-15 Change
AHMEDNAGAR 4100 NA -
AJMER NA 4280 -
BHIND 4200 4400 -200
JAIPUR 4400 4450 -50
KANPUR 4750 4700 -50
KOTA 3800 4025 -225
VIJAYWADA 4600 4550 -50
Technical Outlook
6
SELL CORIANDER JULY BELOW 12160 TARGET 12135 12095 SL
ABOVE 12190
SELL GUARGUM JULY BELOW 10910 TARGET 10860 10800 SL
ABOVE 10970
SELL TURMERIC JULY BELOW 7166 TARGET 7126 7066 SL
ABOVE 7226
SELL CASTORSEED JULYBELOW 4035 TARGET 4010 3980 SL
ABOVE 4065
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 weekly agri report 27th april to 1st may 2015
Epic research weekly agri report  27th april to 1st may  2015Epic research weekly agri report  27th april to 1st may  2015
Epic research weekly agri report 27th april to 1st may 2015Epic Research Limited
 
Epic research daily agri report 29th june 2016
Epic research daily agri report 29th june 2016Epic research daily agri report 29th june 2016
Epic research daily agri report 29th june 2016Epic Research
 
Epic research daily agri report 28 oct 2015
Epic research daily agri report 28 oct 2015Epic research daily agri report 28 oct 2015
Epic research daily agri report 28 oct 2015Epic Research Limited
 
Epic research daily agri report 21st april 2016
Epic research daily agri report 21st april 2016Epic research daily agri report 21st april 2016
Epic research daily agri report 21st april 2016Epic Research
 
Epic research daily agri report 05 nov 2015
Epic research daily agri report 05 nov 2015Epic research daily agri report 05 nov 2015
Epic research daily agri report 05 nov 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 28th june 2016
Epic research daily agri report 28th june 2016Epic research daily agri report 28th june 2016
Epic research daily agri report 28th june 2016Epic Research
 
Epic research daily agri report 11 jan 2015
Epic research daily agri report 11 jan 2015Epic research daily agri report 11 jan 2015
Epic research daily agri report 11 jan 2015Epic Research Limited
 
Epic research daily agri report 1st april 2016
Epic research daily agri report 1st april 2016Epic research daily agri report 1st april 2016
Epic research daily agri report 1st april 2016Epic Research
 
Epic research daily agri report 05 oct 2015
Epic research daily agri report 05 oct 2015Epic research daily agri report 05 oct 2015
Epic research daily agri report 05 oct 2015Epic Research Limited
 
Epic research daily agri report 2nd july 2015
Epic research  daily agri report 2nd july  2015Epic research  daily agri report 2nd july  2015
Epic research daily agri report 2nd july 2015Epic Research Limited
 
Epic research daily agri report 13th july 2015
Epic research  daily agri report 13th july  2015Epic research  daily agri report 13th july  2015
Epic research daily agri report 13th july 2015Epic Research Limited
 
Epic research daily agri report 13 jan 2016
Epic research daily agri report 13 jan 2016Epic research daily agri report 13 jan 2016
Epic research daily agri report 13 jan 2016Epic Research Limited
 
Epic research weekly agri report 16th may 2016
Epic research weekly agri report 16th may 2016Epic research weekly agri report 16th may 2016
Epic research weekly agri report 16th may 2016Epic Research
 
Epic research daily agri report 19th april 2016
Epic research daily agri report 19th april 2016Epic research daily agri report 19th april 2016
Epic research daily agri report 19th april 2016Epic Research
 
Epic research daily agri report 12 oct 2015
Epic research daily agri report 12 oct 2015Epic research daily agri report 12 oct 2015
Epic research daily agri report 12 oct 2015Epic Research Limited
 
Epic research daily agri report 12 jan 2016
Epic research daily agri report 12 jan 2016Epic research daily agri report 12 jan 2016
Epic research daily agri report 12 jan 2016Epic Research Limited
 
Epic research daily agri report 02nd june 2015
Epic research  daily agri report 02nd june  2015Epic research  daily agri report 02nd june  2015
Epic research daily agri report 02nd june 2015Epic Research Limited
 
Epic research daily agri report 9th may 2016
Epic research daily agri report 9th may 2016Epic research daily agri report 9th may 2016
Epic research daily agri report 9th may 2016Epic Research
 
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
 

What's hot (20)

Epic research weekly agri report 27th april to 1st may 2015
Epic research weekly agri report  27th april to 1st may  2015Epic research weekly agri report  27th april to 1st may  2015
Epic research weekly agri report 27th april to 1st may 2015
 
Epic research daily agri report 29th june 2016
Epic research daily agri report 29th june 2016Epic research daily agri report 29th june 2016
Epic research daily agri report 29th june 2016
 
Epic research daily agri report 28 oct 2015
Epic research daily agri report 28 oct 2015Epic research daily agri report 28 oct 2015
Epic research daily agri report 28 oct 2015
 
Epic research daily agri report 21st april 2016
Epic research daily agri report 21st april 2016Epic research daily agri report 21st april 2016
Epic research daily agri report 21st april 2016
 
Epic research daily agri report 05 nov 2015
Epic research daily agri report 05 nov 2015Epic research daily agri report 05 nov 2015
Epic research daily agri report 05 nov 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 28th june 2016
Epic research daily agri report 28th june 2016Epic research daily agri report 28th june 2016
Epic research daily agri report 28th june 2016
 
Epic research daily agri report 11 jan 2015
Epic research daily agri report 11 jan 2015Epic research daily agri report 11 jan 2015
Epic research daily agri report 11 jan 2015
 
Epic research daily agri report 1st april 2016
Epic research daily agri report 1st april 2016Epic research daily agri report 1st april 2016
Epic research daily agri report 1st april 2016
 
Epic research daily agri report 05 oct 2015
Epic research daily agri report 05 oct 2015Epic research daily agri report 05 oct 2015
Epic research daily agri report 05 oct 2015
 
Epic research daily agri report 2nd july 2015
Epic research  daily agri report 2nd july  2015Epic research  daily agri report 2nd july  2015
Epic research daily agri report 2nd july 2015
 
Epic research daily agri report 13th july 2015
Epic research  daily agri report 13th july  2015Epic research  daily agri report 13th july  2015
Epic research daily agri report 13th july 2015
 
Epic research daily agri report 13 jan 2016
Epic research daily agri report 13 jan 2016Epic research daily agri report 13 jan 2016
Epic research daily agri report 13 jan 2016
 
Epic research weekly agri report 16th may 2016
Epic research weekly agri report 16th may 2016Epic research weekly agri report 16th may 2016
Epic research weekly agri report 16th may 2016
 
Epic research daily agri report 19th april 2016
Epic research daily agri report 19th april 2016Epic research daily agri report 19th april 2016
Epic research daily agri report 19th april 2016
 
Epic research daily agri report 12 oct 2015
Epic research daily agri report 12 oct 2015Epic research daily agri report 12 oct 2015
Epic research daily agri report 12 oct 2015
 
Epic research daily agri report 12 jan 2016
Epic research daily agri report 12 jan 2016Epic research daily agri report 12 jan 2016
Epic research daily agri report 12 jan 2016
 
Epic research daily agri report 02nd june 2015
Epic research  daily agri report 02nd june  2015Epic research  daily agri report 02nd june  2015
Epic research daily agri report 02nd june 2015
 
Epic research daily agri report 9th may 2016
Epic research daily agri report 9th may 2016Epic research daily agri report 9th may 2016
Epic research daily agri report 9th may 2016
 
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
 

Viewers also liked

GIB2015_Increasing Efficiency of Sustainable Infrastructure_Changsheng
GIB2015_Increasing Efficiency of Sustainable Infrastructure_ChangshengGIB2015_Increasing Efficiency of Sustainable Infrastructure_Changsheng
GIB2015_Increasing Efficiency of Sustainable Infrastructure_ChangshengGlobal Infrastructure Basel Foundation
 
North Tipperary Election Study Final2
North Tipperary Election Study Final2North Tipperary Election Study Final2
North Tipperary Election Study Final2Caroline Hofman
 
Galeria artistica
Galeria artisticaGaleria artistica
Galeria artisticaMele Watts
 
New Eyes Dental Hygienists' Guided Mastermind
New Eyes Dental Hygienists' Guided MastermindNew Eyes Dental Hygienists' Guided Mastermind
New Eyes Dental Hygienists' Guided MastermindShirley Gutkowski
 
kagami_comput2015_11
kagami_comput2015_11kagami_comput2015_11
kagami_comput2015_11swkagami
 
Simulative analysis of channel and qo s aware scheduler to enhance the capaci...
Simulative analysis of channel and qo s aware scheduler to enhance the capaci...Simulative analysis of channel and qo s aware scheduler to enhance the capaci...
Simulative analysis of channel and qo s aware scheduler to enhance the capaci...IAEME Publication
 
Presentatie MOED cdk
Presentatie MOED cdkPresentatie MOED cdk
Presentatie MOED cdkMartin Slot
 
Effect of inertia weight functions of pso in optimization of water distributi...
Effect of inertia weight functions of pso in optimization of water distributi...Effect of inertia weight functions of pso in optimization of water distributi...
Effect of inertia weight functions of pso in optimization of water distributi...IAEME Publication
 
negosiasi dan eksistensi organisasi
negosiasi dan eksistensi organisasinegosiasi dan eksistensi organisasi
negosiasi dan eksistensi organisasiZulaika Nur Afifah
 
The R.E.F code
The R.E.F code The R.E.F code
The R.E.F code karinka2
 
Study the corrosion inhibition of urea fertilizer
Study the  corrosion inhibition of urea fertilizerStudy the  corrosion inhibition of urea fertilizer
Study the corrosion inhibition of urea fertilizerIAEME Publication
 
Fuel emissions correlation assessment of indoor pollutants from different hou...
Fuel emissions correlation assessment of indoor pollutants from different hou...Fuel emissions correlation assessment of indoor pollutants from different hou...
Fuel emissions correlation assessment of indoor pollutants from different hou...IAEME Publication
 

Viewers also liked (19)

GIB2015_Increasing Efficiency of Sustainable Infrastructure_Changsheng
GIB2015_Increasing Efficiency of Sustainable Infrastructure_ChangshengGIB2015_Increasing Efficiency of Sustainable Infrastructure_Changsheng
GIB2015_Increasing Efficiency of Sustainable Infrastructure_Changsheng
 
North Tipperary Election Study Final2
North Tipperary Election Study Final2North Tipperary Election Study Final2
North Tipperary Election Study Final2
 
Galeria artistica
Galeria artisticaGaleria artistica
Galeria artistica
 
New Eyes Dental Hygienists' Guided Mastermind
New Eyes Dental Hygienists' Guided MastermindNew Eyes Dental Hygienists' Guided Mastermind
New Eyes Dental Hygienists' Guided Mastermind
 
An nam chi luoc le trac
An nam chi luoc   le tracAn nam chi luoc   le trac
An nam chi luoc le trac
 
Web 1 dan web 2
Web 1 dan web 2Web 1 dan web 2
Web 1 dan web 2
 
kagami_comput2015_11
kagami_comput2015_11kagami_comput2015_11
kagami_comput2015_11
 
Siphokuhle Mahonga cv false bay
Siphokuhle Mahonga cv false baySiphokuhle Mahonga cv false bay
Siphokuhle Mahonga cv false bay
 
Crj june-2015-final
Crj june-2015-finalCrj june-2015-final
Crj june-2015-final
 
Simulative analysis of channel and qo s aware scheduler to enhance the capaci...
Simulative analysis of channel and qo s aware scheduler to enhance the capaci...Simulative analysis of channel and qo s aware scheduler to enhance the capaci...
Simulative analysis of channel and qo s aware scheduler to enhance the capaci...
 
ReillyT CV
ReillyT CVReillyT CV
ReillyT CV
 
Presentatie MOED cdk
Presentatie MOED cdkPresentatie MOED cdk
Presentatie MOED cdk
 
Effect of inertia weight functions of pso in optimization of water distributi...
Effect of inertia weight functions of pso in optimization of water distributi...Effect of inertia weight functions of pso in optimization of water distributi...
Effect of inertia weight functions of pso in optimization of water distributi...
 
negosiasi dan eksistensi organisasi
negosiasi dan eksistensi organisasinegosiasi dan eksistensi organisasi
negosiasi dan eksistensi organisasi
 
The R.E.F code
The R.E.F code The R.E.F code
The R.E.F code
 
Study the corrosion inhibition of urea fertilizer
Study the  corrosion inhibition of urea fertilizerStudy the  corrosion inhibition of urea fertilizer
Study the corrosion inhibition of urea fertilizer
 
Fuel emissions correlation assessment of indoor pollutants from different hou...
Fuel emissions correlation assessment of indoor pollutants from different hou...Fuel emissions correlation assessment of indoor pollutants from different hou...
Fuel emissions correlation assessment of indoor pollutants from different hou...
 
2015/05/24 作主門徒:希伯來書
2015/05/24 作主門徒:希伯來書2015/05/24 作主門徒:希伯來書
2015/05/24 作主門徒:希伯來書
 
EDW
EDWEDW
EDW
 

Similar to Epic research daily agri report 16th june 2015

Epic research daily agri report 22nd june 2015
Epic research  daily agri report 22nd june  2015Epic research  daily agri report 22nd june  2015
Epic research daily agri report 22nd june 2015Epic Research Limited
 
Epic research daily agri report 16 dec 2015
Epic research daily agri report 16 dec 2015Epic research daily agri report 16 dec 2015
Epic research daily agri report 16 dec 2015Epic Research Limited
 
Epic research daily agri report 26th june 2015
Epic research  daily agri report 26th june  2015Epic research  daily agri report 26th june  2015
Epic research daily agri report 26th june 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 24 july 2015
Epic research  daily agri report 24 july  2015Epic research  daily agri report 24 july  2015
Epic research daily agri report 24 july 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 15th june 2016
Epic research daily agri report 15th june 2016Epic research daily agri report 15th june 2016
Epic research daily agri report 15th june 2016Epic Research
 
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 6th april 2016
Epic research daily agri report 6th april 2016Epic research daily agri report 6th april 2016
Epic research daily agri report 6th april 2016Epic Research
 
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 18th july 2016
Epic research daily agri report 18th july 2016Epic research daily agri report 18th july 2016
Epic research daily agri report 18th july 2016Epic Research
 
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 3rd march 2016
Epic research daily agri report 3rd march 2016Epic research daily agri report 3rd march 2016
Epic research daily agri report 3rd march 2016Epic Research Limited
 
Epic research weekly agri report 6th to 10th april 2015
Epic research weekly agri report  6th to 10th april 2015Epic research weekly agri report  6th to 10th april 2015
Epic research weekly agri report 6th to 10th april 2015Epic Research Limited
 
Epic research daily agri report 10th july 2015
Epic research  daily agri report 10th july  2015Epic research  daily agri report 10th july  2015
Epic research daily agri report 10th july 2015Epic Research Limited
 
Epic research daily agri report 1st july 2016
Epic research daily agri report 1st july 2016Epic research daily agri report 1st july 2016
Epic research daily agri report 1st july 2016Epic Research
 
Epic research daily agri report 16th may 2016
Epic research daily agri report 16th may 2016Epic research daily agri report 16th may 2016
Epic research daily agri report 16th may 2016Epic Research
 
Epic research daily agri report 17th june 2015
Epic research  daily agri report 17th june  2015Epic research  daily agri report 17th june  2015
Epic research daily agri report 17th june 2015Epic Research Limited
 
Epic research daily agri report 8th july 2015
Epic research  daily agri report 8th july  2015Epic research  daily agri report 8th july  2015
Epic research daily agri report 8th july 2015Epic Research Limited
 
Epic research daily agri report 27th may 2016
Epic research daily agri report 27th may 2016Epic research daily agri report 27th may 2016
Epic research daily agri report 27th may 2016Epic Research
 

Similar to Epic research daily agri report 16th june 2015 (20)

Epic research daily agri report 22nd june 2015
Epic research  daily agri report 22nd june  2015Epic research  daily agri report 22nd june  2015
Epic research daily agri report 22nd june 2015
 
Epic research daily agri report 16 dec 2015
Epic research daily agri report 16 dec 2015Epic research daily agri report 16 dec 2015
Epic research daily agri report 16 dec 2015
 
Epic research daily agri report 26th june 2015
Epic research  daily agri report 26th june  2015Epic research  daily agri report 26th june  2015
Epic research daily agri report 26th june 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 24 july 2015
Epic research  daily agri report 24 july  2015Epic research  daily agri report 24 july  2015
Epic research daily agri report 24 july 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 15th june 2016
Epic research daily agri report 15th june 2016Epic research daily agri report 15th june 2016
Epic research daily agri report 15th june 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 6th april 2016
Epic research daily agri report 6th april 2016Epic research daily agri report 6th april 2016
Epic research daily agri report 6th april 2016
 
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 18th july 2016
Epic research daily agri report 18th july 2016Epic research daily agri report 18th july 2016
Epic research daily agri report 18th july 2016
 
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 3rd march 2016
Epic research daily agri report 3rd march 2016Epic research daily agri report 3rd march 2016
Epic research daily agri report 3rd march 2016
 
Epic research weekly agri report 6th to 10th april 2015
Epic research weekly agri report  6th to 10th april 2015Epic research weekly agri report  6th to 10th april 2015
Epic research weekly agri report 6th to 10th april 2015
 
Epic research daily agri report 10th july 2015
Epic research  daily agri report 10th july  2015Epic research  daily agri report 10th july  2015
Epic research daily agri report 10th july 2015
 
Epic research daily agri report 1st july 2016
Epic research daily agri report 1st july 2016Epic research daily agri report 1st july 2016
Epic research daily agri report 1st july 2016
 
Epic research daily agri report 16th may 2016
Epic research daily agri report 16th may 2016Epic research daily agri report 16th may 2016
Epic research daily agri report 16th may 2016
 
Epic research daily agri report 17th june 2015
Epic research  daily agri report 17th june  2015Epic research  daily agri report 17th june  2015
Epic research daily agri report 17th june 2015
 
Epic research daily agri report 8th july 2015
Epic research  daily agri report 8th july  2015Epic research  daily agri report 8th july  2015
Epic research daily agri report 8th july 2015
 
Epic research daily agri report 27th may 2016
Epic research daily agri report 27th may 2016Epic research daily agri report 27th may 2016
Epic research daily agri report 27th may 2016
 

Recently uploaded

Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesDipal Arora
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communicationskarancommunications
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...Any kyc Account
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxWorkforce Group
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Delhi Call girls
 
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 Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...amitlee9823
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...lizamodels9
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Lviv Startup Club
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...amitlee9823
 
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
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsP&CO
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756dollysharma2066
 
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
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒anilsa9823
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Roland Driesen
 

Recently uploaded (20)

Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
 
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 Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
 
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...
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and pains
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
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...
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...
 

Epic research daily agri report 16th june 2015

  • 1. DAILY AGRI COMMODITY REPORT 16 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 TURMERIC JULY 7422 7450 7166 7166 -3.99 13625 INTRADAY LEVELS SUPPORT SUPP. 1 7071 SUPP. 2 6977 PIVOT 7260 Turmeric short term trend is down and May continue in coming days.RESISTAN CE RES. 1 7355 RES. 2 7545 CORIANDER JULY 12350 12360 11975 12320 -1.21 21720 INTRADAY LEVELS SUPPORT SUPP.1 12077 SUPP. 2 11833 PIVOT 12218 Coriander short term trend is up and May continue in coming days.RESISTAN CE RES. 1 12462 RES. 2 12603 GUARGUM JULY 11310 11310 10910 10910 -3.96 200320 INTRADAY LEVELS SUPPORT SUPP. 1 10776 SUPP. 2 10643 PIVOT 11043 Guargum short term trend is down and May continue in coming days.RESISTAN CE RES. 1 11177 RES. 2 11443 CASTORSEED JULY 4142 4145 4035 4048 -2.72 94000 INTRADAY LEVELS SUPPORT SUPP. 1 4007 SUPP. 2 3966 PIVOT 4076 Castorseed short term trend is up and May continue in coming days..RESISTAN CE RES. 1 4117 RES. 2 4186
  • 3. Most Active Contract 3 NCDEX INDICES Index Value Pre. Close % Change CASTORSEED 4048 4161 -2.72 CHANA 4496 4637 -3.04 CORIANDER 12300 12451 -1.21 GUARGUM 10910 11360 -3.96 JEERA 16230 16825 -3.54 MUSTARD SEED 4150 4230 -1.82 SOYABEAN 3529 3673 -3.92 TURMERIC 7166 7464 -3.99 TOP LOSERS SYMBOL EXPIRY DATE CURRENT PRICE CHANGE CHANGE % SOYABEAN 19-06-2015 3620.00 -190.00 -4.99% TURMERIC 19-06-2015 7076.00 -352.00 -4.74% CORIANDER 19-06-2015 11918.00 -451.00 -3.65% CHANA 19-06-2015 4440.00 -150.00 -3.27% JEERA 19-06-2015 16080.00 -510.00 -3.07% CASTOR SEED NEW 19-06-2015 3930.00 -71.00 -1.77% BARLEY 19-06-2015 1247.50 -17.00 -1.34% RAPESEED-MUSTARD SEED 19-06-2015 4110.00 -52.00 -1.25% TOP GAINERS SYMBOL EXPIRY DATE CURRENT PRICE CHANGE CHANGE % COTTON SEED OIL CAKE AKOLA 19-06-2015 1759.00 7.00 0.40% REFINED SOY OIL 19-06-2015 606.45 1.55 0.26%
  • 4. Commodities In News 4 ECONOMIC NEWS At a time when fears of another drought year are looming large, an RTI application filed by a leading newspaper has revealed that the quantity of foodgrains damaged in Food Corporation of India godowns across the country recorded a drastic jump over the last two years when the country lost more than 40,000 tonnes.Though the losses are attributed to natural calamities like cyclone and floods, experts say it is also an indication of poor storage facilities, pilferage and transit loss.The reply from FCI, responsible for procurement and distribution of foodgrains, shows that the damaged quantity rose threefold in five years — from 6,346 tonnes in 2010-11 to 18,847.22 tonnes in 2014-15. While 3,338.01 tonnes were damaged in 2011-12 and 3,148.44 tonnes were damaged in 2012-13, as many as 24,695.45 tonnes suffered damage in 2013-14.However, it claimed that no damage could be directly attributed to lack of adequate storage and handling facilities but did not give the financial loss suffered. FCI chairman and managing director C Viswanath could not be reached for comment. From crop year 2015-16, the Madhya Pradesh government had decided to dole out crop loans bearing an interest rate of minus 10 per cent (-10%). About 40% of the farmers who receive crop loan are going to be eligible for this beneficial scheme. "We have been giving crop loans at zero per cent rate of interest. Now we want to give it at -10 per cent interest rate because there is no alternative to farming. We can not grow our wheat, rice or chana in the factories," said Madhya Pradesh chief minister Shivraj Singh Chauhan.He was speaking at the National Conference on Crop Insurance in Bhopal today. Meanwhile, Madhya Pradesh has withdrawn the bonus it used to give to farmers for paddy, wheat and maize over and above the minimum support price (MSP) as there is over production of these crops in the state.  The Jeera crop has been affected due to unseasonal rains in growing regions mainly in Rajasthan. Regular demand from stockists had been noted but got adversely affected at these higher levels. There will not be any direct impact of Monsoon progress on Jeera as sowing is far away for the commodity. However it may affect the market sentiments to some extent depending on the arrival and the progress of Monsoon towards the growing states of Gujarat and Rajasthan. Harvesting has been affected on late rains in Rajasthan and overall output could suffer.According to a latest update from the Agriculture Ministry there has been an increase in the area under Rabi crop coverage that was affected by unseasonal rainfall and hailstorms from late February to early April. Turmeric settled down due to arrival of medium and lower quality turmeric in the spot Market. Sources are expecting the total production in the range of 50-52 lakh bags in the current year, down 20 lakh bags from the last year in the same period. Sources also stated that around 75lakh bags of total stocks have been reported in local mandies. The news of a below monsoon forecast by the IMD came as a blessing for the buyers as prices had turned significantly cheaper for initiating fresh purchases. Bargain buying is likely to continue in chana futures due to limited supplies in local mandies coupled with weak kharif pulses sowing progress so far in the current year. The NCDEX futures to test 4665- 4675 levels in the near term.As per the market sources, the total daily arrivals have been reduced to 25 motors at Delhi mandi against 40 motors of the previous month. This was mainly on the account of limited supplies from Rajasthan and Madhya Pradesh mandies.The prices will also be well supported by weak sowing progress of kharif pulses so far in the current year. The sowing of pulses has been reported at 2.46 lakh hectares on 12th June 2015 against 2.75 lakh hectares of the last year in the same period.
  • 5. 5 Fundamental Watch : Chana CHANA ARRIVALS AT KEY SPOT MARKETNational Market Update Government had shown interest to buy 22629 tonnes of pulses from NAFED and import huge amount of pulses from producing countries to control prices in domestic retail market. Government has decided to float tenders to import chana from Australia, yellow peas from Canada and other pulses from Myanmar. These steps may increase International pulses market as stocks in exporting countries are limited and new arrivals are expected to come August onwards. This year pulses prices are ruling higher and farmers intend to grow more pulses this year. In normal weather condition acreage is likely to increase by 20 percent. However, as farmers opine that lower rainfall can change farmer’s intention and they may go for another lucrative cash crop. If growing areas receives normal rainfall, production and productivity are bound to increase. Under lower rainfall condition, increase in acreage could be restricted. However, in any condition pulses area in kharif would be higher in comparison to last year. According to farmer’s intention in Jalana and Latur region of Maharashtra, urad and moong area may increase by 10% as compared to last year. Sowing has started in these regions and overall condition is good for pulses plantation. China for the second year in a row was net importer of Pulses. According to the latest report compiled by STAT it imported 2.50 MMT of pulses in 2014 against 5.67 MMT in 2013. In 2014 it imported 8.17 MMT of pulses against export of 5.67 MMT. China was a net exporter of pulses until the 2013 calendar year. In 2012, China exported 3.67 MMT more pulses than it imported. CENTER 15-June-15 13-June-15 Change AHMEDNAGAR 4100 NA - AJMER NA 4280 - BHIND 4200 4400 -200 JAIPUR 4400 4450 -50 KANPUR 4750 4700 -50 KOTA 3800 4025 -225 VIJAYWADA 4600 4550 -50
  • 6. Technical Outlook 6 SELL CORIANDER JULY BELOW 12160 TARGET 12135 12095 SL ABOVE 12190 SELL GUARGUM JULY BELOW 10910 TARGET 10860 10800 SL ABOVE 10970 SELL TURMERIC JULY BELOW 7166 TARGET 7126 7066 SL ABOVE 7226 SELL CASTORSEED JULYBELOW 4035 TARGET 4010 3980 SL ABOVE 4065
  • 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.