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1. DAILY AGRI COMMODITY REPORT
27 November 2015
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2. Market Views
2
MONTH OPEN HIGH LOW CLOSE % CHG VOL MONTH OPEN HIGH LOW CLOSE % CHG VOL
TURMERIC
DEC 9436 9700 9412 9498 +0.79 12335
INTRADAY
LEVELS
SUPPORT SUPP. 1
9373
SUPP. 2
9249
PIVOT
9537
Turmeric short term
trend is bullish and
May continue in
coming days.RESISTAN
CE
RES. 1
9661
RES. 2
9825
CORIANDER
DEC 10275 10470 10250 10430 +1.27 4110
INTRADAY
LEVELS
SUPPORT SUPP.1
10297
SUPP. 2
10163
PIVOT
10383
Coriander short term
trend is bearish and May
continue in coming
days.RESISTAN
CE
RES. 1
10517
RES. 2
10603
GUARGUM
DEC 6730 7000 6730 6970 +3.41 14267
INTRADAY
LEVELS
SUPPORT SUPP. 1
6800
SUPP. 2
6630
PIVOT
6900
Guargum short term
trend is bullish and
May continue in
coming days.RESISTAN
CE
RES. 1
7070
RES. 2
7170
CASTORSEED
DEC 3795 3872 3735 3851 +2.45 118040
INTRADAY
LEVELS
SUPPORT SUPP. 1
3767
SUPP. 2
3682
PIVOT
3819
Castorseed short term
trend is bearish and
May continue in
coming day.RESISTAN
CE
RES. 1
3904
RES. 2
3956

3. Most Active Contract
3
NCDEX INDICES
Index Value
Pre.
Close
%
Change
CASTORSEED 3851 3759 +2.45
CHANA 4997 4877 +2.46
CORIANDER 104730 10299 +1.27
GUARGUM 6970 6740 +3.41
JEERA 16120 15960 +1.00
MUSTARD
SEED
4685 4633 +1.12
SOYABEAN 3878 3829 +1.28
TURMERIC 9498 9424 +0.79
TOP LOSERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE
CHANGE
%
GAURGAM 18-12-2015 6970 +230 +3.41
GUARSEED 18-12-2015 3510 +103 +3.02
CASTORSEED 18-12-2015 3851 +92 +2.45
SOYABEAN 18-12-2015 3878 +49 +1.28
TOP GAINERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE CHANGE %

4. Commodities In News
4
ECONOMIC NEWS
Expecting a further increase in the supply-demand gap of pulses, the
government is considering importing more lentils to check prices, which
are still ruling as high as Rs 180 per kg.So far, state-owned MMTC has
imported 5,000 tonnes of tur on behalf of the government. The stock has
been given to some state governments including Delhi at a subsided rate for
further distribution in the open market.Pulses prices continue to rule high
due to fall in domestic production by 2 million tonnes in the 2014-15 crop
year (July-June) due to 14 per cent deficit monsoon.A committee of
secretaries from the Finance, Food and Consumer Affairs, Agriculture and
Commerce ministries deliberated on availability and prices of pulses and
other essential items."In the meeting, the committee decided to import
more pulses. It also decided to monitor quantities of imported pulses on
real time basis," sources said.It was decided that both Commerce and
Consumer Affairs Secretaries will hold separate meetings with private
traders as well as PSUs to chalk out a plan regarding the import of pulses
for the coming months, they said.The import plan for pulses is being kept
in place amid concerns that the supply gap may widen significantly if the
rabi (winter) crop gets reduced by chance due to any adverse weather
conditions.Till last week of the ongoing 2015-16 rabi season, which started
in October, area sown to pulses was 74.06 lakh hectare, slightly lower than
77.42 lakh hectare in the year-ago period, according to the Agriculture
Ministry's data.According to sources, the Food and Agriculture Ministries
have been asked to achieve procure pulses and reach the targets set for
creation of buffer stock.The country's pulses production was 17.20 million
tonnes in the 2014-15 crop year, much lower than the requirement of 25
million tonnes. The gap is being met through imports.India imports about
four million tonnes of pulses largely through the private trade. But this
time, the government has started importing pulses after a gap of two years.
Turmeric settled down due to lower upcountry demand at the spot
market. Though, some losses were capped as traders are keen in buying
the quality turmeric, and arrival of quality turmeric from the producing
belts. As per latest sowing data from various state departments,
turmeric sowing in Andhra Pradesh was 15,753 hectares, an increase
over last year’s acreage but well below the normal sowing area of over
19,000 hectares.In Telangana, turmeric has been planted in 40,823
hectares, about 17 per cent lower than the normal sowing area.
Similarly in Maharashtra and Karnataka the acreage dropped by about
25-30 per cent to 7,000 hectares and 12,000 hectares respectively.
However, due to better irrigation facilities and sufficient rains, acreage
in Tamil Nadu increased by 10-12 per cent compared to last year to
over 50,000 hectares. The traders are keen in buying the quality
turmeric and so grower brought quality turmeric for sale.
Jeera settled down due to timely sowing on favorable weather at the
major producing regions of Gujarat and Rajasthan. Though, some
losses were capped by good domestic demand and some export
enquiries. Gujarat, the top cumin producing state, has planted less
cumin until now compared to last year sowing progress.In Gujarat,
jeera is planted in 71 per cent less area and has sown 17,400 hectares
compared to 60, 900 hectares last year. Geo-political trouble in two
major exporting countries – Syria and Turkey – seems to have failed to
spice up jeera exports from India due to higher domestic price.
According to govt data, exports for 2015-16 shows a decline trend
compared to last year until September. As per Department of
commerce data, exports from India in first five months of FY 2015-16
is 36,882 MT. Jeera exports from India are likely to decline by about
40-45 per cent to around 85,000-1,00,000 tonnes during 2015-16
compared to an estimated exports of around 1,55,000 tonnes last year.
Exports of the spice have been on a decline since 2013-14 from
1,60,000 tonnes in that year.

5. 5
Fundamental Watch : Chana
CHANA PRICES AT KEY SPOT MARKETNational Market Update
According to IBIS (provisional data), import of pulses in the week (16 Nov-
22 Nov) was around 146 Thousand tonnes at major ports in India, around
132% higher than previous week’s (09 Nov-15 Nov) import of 63 Thousand
tonnes. All pulses except cow pea were imported higher this week.
According to the latest Andhra Pradesh Agriculture Ministry report, pulses
area is 4.49 Lakh Ha as on 25th November,2015 which is around 41% higher
than the last year at the same time area of 3.18 Lakh Ha. The highest
percentage increase in area as compare to last year was recorded in Urad due
to higher prevailing market prices.
According the local farmers and trade source from Kanpur region of Uttar
Pradesh, rabi pulses sown area may decrease due less rainfall which affects the
soil moisture and thus farmers could shifts towards other crops or delay the
sowing of pulses.
According to the Ministry of Agriculture, area under Rabi pulses throughout
the country stood 74.06 lakh hectares as on 21st November this year, around
4% lower when compared to the area sown during corresponding period last
year which was 77.42 lakh hectares.
New harvested Tur crop starts hitting Solapur market of Maharashtra region.
New tur prices are in the range of 11400to 11700, having moisture level of 15-
16%, higher than normal. Arrivals are being reported around 100- 150 bags
per day. As the weather condition is cloudy, arrival pace may get delayed.
CENTER 26-Nov-15 25-Nov-15 Change
AHMEDNAGAR 4850 4700 +150
ALWAR NA NA -
GWALIOR 4900 NA -
JAIPUR 5200 NA -
KANPUR 5300 5300 UNCH
NAGPUR NA NA -
VIJAYWADA NA NA -

6. Technical Outlook
6
SELL CORIANDER DEC BELOW 10300 TARGET 10255 10105 SL
ABOVE 10365
BUY GUARGUM DEC ABOVE 7050 TARGET 7100 7170 SL
BELOW 6990
BUY TURMERIC DEC ABOVE 9550 TARGET 9594 9654 SL
BELOW 9490
SELL CASTORSEED DEC BELOW 3840 TARGET 3815 3785 SL
ABOVE 3865

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