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1. DAILY AGRI COMMODITY REPORT
26 October 2015
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2. Market Views
2
MONTH OPEN HIGH LOW CLOSE % CHG VOL MONTH OPEN HIGH LOW CLOSE % CHG VOL
TURMERIC
NOV 8298 8498 8298 8440 +2.08 14560
INTRADAY
LEVELS
SUPPORT SUPP. 1
8326
SUPP. 2
8212
PIVOT
8412
Turmeric short term
trend is bullish and
May continue in
coming days.RESISTAN
CE
RES. 1
8526
RES. 2
8612
CORIANDER
NOV 11590 11599 10904 10904 -5.99 3890
INTRADAY
LEVELS
SUPPORT SUPP.1
10672
SUPP. 2
10441
PIVOT
11136
Coriander short term
trend is bearish and May
continue in coming
days.RESISTAN
CE
RES. 1
11367
RES. 2
11831
GUARGUM
NOV 8440 8550 8250 8290 -2.36 10527
INTRADAY
LEVELS
SUPPORT SUPP. 1
8177
SUPP. 2
8063
PIVOT
8363
Guargum short term
trend is bearish and
May continue in
coming days.RESISTAN
CE
RES. 1
8477
RES. 2
8663
CASTORSEED
NOV 4125 4144 4060 4060 -1.55 51930
INTRADAY
LEVELS
SUPPORT SUPP. 1
4032
SUPP. 2
4004
PIVOT
4088
Castorseed short term
trend is bearish and
May continue in
coming day.RESISTAN
CE
RES. 1
4116
RES. 2
4172

3. Most Active Contract
3
NCDEX INDICES
Index Value
Pre.
Close
%
Change
CASTORSEED 4060 4124 -1.55
CHANA 4866 4915 -1.00
CORIANDER 10904 11599 -5.99
GUARGUM 8290 8490 -2.36
JEERA 16135 16005 +0.81
MUSTARD
SEED
5117 5052 +1.29
SOYABEAN 3994 4006 -0.30
TURMERIC 8440 8268 +2.08
TOP LOSERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE
CHANGE
%
REFINED SOY OIL 20-11-2015 630.50 -1.50 -0.24%
TOP GAINERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE CHANGE %

4. Commodities In News
4
ECONOMIC NEWS
With dal prices ruling at above Rs 200 per kg in the retail markets, the
Centre will start procuring 40,000 tonnes of pulses directly from farmers
through NAFED and SFAC starting November.The procured pulses will be
used to create buffer stock and the Cabinet note is being moved in this
regard, and if required the Centre may also import lentils, Agriculture
Secretary Siraj Hussain told a leading newspaper.In the national capital,
imported tur dal is being sold at a subsidised rate of Rs 120 per kg at nearly
500 outlets of Kendriya Bhandar and Safal."The government has decided
to create buffer stock of pulses by procuring from farmers and also by
importing if required. Pulses including tur, chana and urad will be procured
directly from farmers in major producing districts," Hussain said.The
Secretary further said the three agencies NAFED, FCI and SFAC will
procure on behalf of the Centre.Nafed will procure from state cooperatives,
FCI from state government organisations and SFAC from farmer producer
organisations."It has been decided that 30,000 tonnes will be procured by
Nafed and 10,000 tonnes will be procured by SFAC, The procurement will
start from first week of November. And a Cabinet is being moved in this
regard by the Agriculture Ministry," Hussain said.Around 5,000 tonnes of
pulses have already been imported and are being distributed to the states
and another 3,000 tonnes are on the way, Finance Minister Arun Jaitley
said .Around 35,000 tonnes of pulses have been seized from 10 states in
two days after the state governments intensified crackdown against
hoarding and black marketing of the commodity, Jaitley said.Prices have
shot up due to a fall in output by two million tonnes in 2014-15 on
deficient and untimely rains.To control skyrocketing prices, the Centre has
taken several measures such as creating a buffer stock of 40,000 tonnes,
sale of imported pulses at cheaper rates and imposition of stock limits on
traders as well as departmental stores, licensed food processors, importers
and exporters.
Mustard seed gained on improved demand and on speculation of
lower supply in international and domestic market. There is good
demand from traders and stockists on limited supplies, as there is
anticipation of export demand for meal from China. The rise in mustard
oil demand by major consuming region of eastern India during the
festive season is encouraging higher buying by crushing units. Prices
were supported on supply worries after Indian Meteorological
Department (IMD) reported that from the beginning of Oct Rajasthan
has not received any rainfall which is likely to affect rabi sowing of rm
seed. RM seed prices were also supported on supply worries after
USDA reported global rapeseed production forecast to decline 3.5
million tons in 2015/16 as a slight decrease in area reduces total output
to 68.1 million tons.
Turmeric prices gained due to arrival of good quality turmeric at the
spot market and expectations of higher demand from upcountry
exporters ahead of festival season. However upside seen limited amid
higher production due to good rains in second part of September in
southern peninsula region. Good rains in second part of September in
southern peninsula region may enhance the turmeric production and
quality.Turmeric sowing In AP, is recorded at 15,753 hectares increase
over last years’ acreage as well normal sowing area progress however
in Telangana, the sowing area is lower than the normal sowing area at
40,823 hac compared to 43,470 hac last year.
Ref Soya oil settled down on profit booking after prices seen
supported by improved demand in domestic market due to festive
season. India vegetable oil imports rose 16.34% to 1.21 million tons in
Sep compared to 1.04 million tons for the same period year ago, data
showed. The overall imports of vegetable oils during November 2014
to September 2015 jumped 22% to 12.94 million tons compared to
10.57 million tons in the same period a year ago.

5. 5
Fundamental Watch : Sugar
COTTON PRICES AT KEY SPOT MARKETNational Market Update
Indian sugar exports fell by 26% this week as the country exported only 23.3
thousand tons of sugar for the week ending 11th Oct, 2015 compared to 31.3
thousand tons of sugar the previous week.
ISMA has revised its sugar production estimate from 280 lakh tons to 270
lakh tons in marketing year 2015-16 (1st Oct, 2015 – 30th Sep, 2016).
The Indian government forecasted a total sugar production of 26 MT in
India during marketing year 2015-16 (01st Oct, 2015 – 30th Sep, 2016),
wherein Maharashtra, Uttar Pradesh and Karnataka are expected to produce
8.6 MT, 7.2 MT and 4.0 MT of sugar respectively.
Rabobank had predicted a global sugar supply deficit of 4.8 MT in 2015-16
compared to 3.7 MT of surplus in 2014-15.
Czarnikow and Platts Kingsman projected a global sugar deficit of 4.1 MT
and 3.2 MT in 2015-16 as against a surplus of 3.8 MT and 3.7 MT in 2014-15.
Brazil’s raw sugar export declined by 4.3% this month as the country
exported 1.41 MT of sugar in September, 2015 compared to 1.48 MT of sugar
last month in August, 2015.
Brazil’s main centre south region had crushed 40.47 MT of sugarcane in the
second half of September, 2015 to produce around 2.39 MT of sugar during
the period.
Spot sugar prices traded steady to firm on Friday amid rising domestic sugar
demand.
CENTER 23-Oct-15 21-Oct-15 Change
DELHI 2870 2860 +10
MUMBAI 2890 2896 -6
VIJAYWADA 3060 3060 UNCH
NAGPUR 2900 2900 UNCH
CHENNAI 2775 Closed -
AMBIKAPUR 2835 2835 UNCH
DHAMPUR 2800 2750 +50

6. Technical Outlook
6
SELL CORIANDER NOV BELOW 10870 TARGET 10842 10762 SL
ABOVE 10897
SELL GUARGUM NOV BELOW 8300 TARGET 8250 8180 SL
ABOVE 8360
BUY TURMERIC NOV ABOVE 8440 TARGET 8484 8544 SL
BELOW 8380
SELL CASTORSEED NOV BELOW 4060 TARGET 4035 4005 SL
ABOVE 4085

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