SlideShare a Scribd company logo
1 of 7
Download to read offline
DAILY AGRI COMMODITY REPORT
03 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
Market Views
2
MONTH OPEN HIGH LOW CLOSE % CHG VOL MONTH OPEN HIGH LOW CLOSE % CHG VOL
TURMERIC
JULY 7014 7294 6996 7286 +3.88 14025
INTRADAY
LEVELS
SUPPORT SUPP. 1
7090
SUPP. 2
6894
PIVOT
7192
Turmeric short term
trend is up and May
continue in coming
days.RESISTAN
CE
RES. 1
7388
RES. 2
7490
CORIANDER
JULY 11823 12025 11823 11903 -0.28 4970
INTRADAY
LEVELS
SUPPORT SUPP.1
11809
SUPP. 2
11715
PIVOT
11917
Coriander short term
trend is up and May
continue in coming
days.RESISTAN
CE
RES. 1
12011
RES. 2
12119
GUARGUM
JULY 10250 10660 10070 10660 +4.00 11038
INTRADAY
LEVELS
SUPPORT SUPP. 1
10267
SUPP. 2
9873
PIVOT
10463
Guargum short term
trend is up and May
continue in coming
days.RESISTAN
CE
RES. 1
10857
RES. 2
11053
CASTORSEED
JULY 4010 4035 3984 4003 -0.27 32470
INTRADAY
LEVELS
SUPPORT SUPP. 1
3980
SUPP. 2
3956
PIVOT
4007
Castorseed short term
trend is up and May
continue in coming
day.RESISTAN
CE
RES. 1
4031
RES. 2
4058
Most Active Contract
3
NCDEX INDICES
Index Value
Pre.
Close
%
Change
CASTORSEED 4003 4014 -0.27
CHANA 4229 4248 -0.45
CORIANDER 11903 11937 -0.28
GUARGUM 10660 10250 +4.00
JEERA 16080 15905 +1.10
MUSTARD
SEED
4237 4253 -0.38
SOYABEAN 3635 3644 -0.25
TURMERIC 7286 7014 +3.88
TOP LOSERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE
CHANGE
%
CHANA 20-07-2015 4230.00 -19.00 -0.45%
CORIANDER 20-07-2015 11900.00 -52.00 -0.44%
RAPESEED-MUSTARD
SEED
20-07-2015 4234.00 -12.00 -0.28%
CASTOR SEED NEW 20-07-2015 4003.00 -11.00 -0.27%
SOYABEAN 20-08-2015 3624.00 -6.00 -0.17%
BARLEY 20-07-2015 1218.00 -0.50 -0.04%
TOP GAINERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE CHANGE %
TURMERIC 20-07-2015 7276.00 254.00 3.62%
JEERA 20-07-2015 16175.00 280.00 1.76%
REFINED SOY OIL 20-08-2015 586.20 2.10 0.36%
COTTON SEED OIL CAKE
AKOLA
20-07-2015 1799.00 2.00 0.11%
Commodities In News
4
ECONOMIC NEWS
 With Prime Minister Narendra Modi lending currency to 'second green
revolution', experts feel that technology intervention and improvement in
infrastructure are key to higher agricultural production."Conventional
cultivation will not be able to meet the food demand of our growing
population. Shrinking land, declining water level, environmental problem
can only be addressed through technology intervention. This is where
biotechnology, genetically modified (GM) crops and marker assisted
breeding technology will help," G Padmanaban of Indian Institute of
Science (IISc), Bangalore, told a leading newspapaer.He said statistics of
the last three years showed that the yield has declined and the rate of
population growth is faster than the agriculture growth.India is going to
exceed China in population growth in 15-20 years and reach 1.6 billion by
2030, he predicted.He was also of the view that green revolution and
technology use should not be region-specific."Technology should be used
across the country, but the variety of the crops should be region-specific,
depending on the soil condition of that region," he added.Indian Council of
Agricultural Research (ICAR) Director Dr K C Bansal couldn't agree more.
He said the 'second green revolution' is essentially required to meet the
growing demand of people both due to increase in population and income
levels.Biotechnology, he felt, has a major role to play in ushering in second
green revolution in a sustainable way and this could be termed as 'green
green revolution'."With the advent of modern tools of biotechnology, it has
become possible to address those challenges of agriculture like climate
change, control of pests or malnutrition, which have been difficult to be
overcome by conventional plant breeding methods."Globally, GM crop
technology has fuelled development of transgenic crops with traits such as
resistance to insects, herbicides and enhanced nutritional quality in several
crops," he added.
 NCDEX Guarseed futures rose yesterday amid good bargain buying
after latest losses. Traders are still seeking some clarity on the
performance of the monsoon in July- August period.Major spices also
witnessed some gains today amid good demand in spot markets. The
sentiments in agri commodities space continue to be dominated by
Kharif harvest and afurther drop has emerged yesterday in Guar. Chana
also moderated a bit after recent gains astraders eyed the Kharif pulses
sowing.NCDEX Guarseed futures for July tested a one week low under
Rs 4300 per quintal mark. The counter edged up from these levels and
scored further gains yesterday. The contract trades on a firm note at Rs
4403 per quintal, up 2.79% on the day. NCDEX Guargum futures for
October are trading at Rs 10780 per tonne, up 2% on yesterday.
Laxman Singh Rathore, director general of India Meteorological
Department (IMD) stated that the rainfall could be deficient by eight
and 10 per cent in July and August,respectively, according to media
reports. Monsoon has witnessed a good start this season,despite worries
over the course of rainfall before the start of the season. The total
rainfall from June 1 to June 28 was 19% more than normal.
NCDEX Jeera futures for July tumbled heavily in last two sessions
after nearing Rs 16700 per quintal mark. Traders are still not sure about
the global markets. The export quotes for Jeera are steady around $3.7
per kg over last few weeks and the volumes have been thin.Turmeric
gained too, recovering after the recent sideways movement as bargain
buying trickled in around Rs 6800 per quintal mark for NCDEX July
futures.
Chana dropped in volatile trade after the Rajasthan Government
revises higher stock limitson pulses. The government has raised pulses'
stock limit and the timeline for stockists to adhere to the new norms
under the immense pressure from traders community. As the
deadlinehas extended by a week to July 15, the stock limit has been
revised higher to 400 tonnes against the earlier 250 tonnes.
5
Fundamental Watch : Sugar
SUGAR PRICES AT KEY SPOT MARKETNational Market Update
 The Cabinet Committee on Economic Affairs (CCEA) announced interest
free loan worth Rs 6000 crore to the Indian sugar millers who had accrued
pending cane arrears to the local farmers in the country.
The Telengana govt. is expected to impose entry tax on sugar import as the
neighboring states such as Karnataka, Maharashtra and Tamil Nadu are
dumping their excessive sugar onto the state leading to a further fall in local
sugar prices.
India’s sugar export rose 90% from last week as the country exported 86.1
thousand tons of sugar for the week ending 28th Jun, 2015 compared to 45.3
thousand tons sugar the previous week.
The Karnataka govt. had put forthward a proposal to the centre asking for a
subsidy of Rs 900 crore which could be utilized for meeting up the pending
cane arrears by local sugar millers in the state.
The Indonesian Sugar Association forecasted the country’s total sugar
(white) production in between 2.45-2.60 million tons for 2015-16 which was
last recorded at 2.58 million tons in 2014-15.
As per the latest data released by Brazil’s Trade Ministry, the country
exported 1.50 MT of raw sugar in June, 2015 which was 0.79% higher than
the export made last year in June, 2014. In a bid to support local cane millers,
the Brazilian govt. had raised import tariff on ethanol from 9.25 per cent at
present to 11.75 per cent. The step is likely to boost the domestic ethanol
production while combating the mass shipment from largest ethanol producer
U.S.
CENTER 2-July-15 1-July-15 Change
DELHI 2475 2475 UNCH
MUMBAI 2566 2566 UNCH
VIJAYWADA 2640 2640 UNCH
NAGPUR 2350 2350 UNCH
CHENNAI 2250 2250 UNCH
AMBIKAPUR 2835 2835 UNCH
DHAMPUR 2390 2390 UNCH
Technical Outlook
6
BUY CORIANDER JULY ABOVE 12070 TARGET 12095 12135 SL
BELOW 12040
BUY GUARGUM JULY ABOVE 10830 TARGET 10880 10950 SL
BELOW 10770
BUY TURMERIC JULY ABOVE 7350 TARGET 7390 7450 SL
BELOW 7290
BUY CASTORSEED JULYABOVE 4120 TARGET 4145 4175 SL
BELOW 4090
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 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 15th july 2015
Epic research  daily agri report 15th july  2015Epic research  daily agri report 15th july  2015
Epic research daily agri report 15th july 2015Epic Research Limited
 
Epic research weekly agri report 9th may 2016
Epic research weekly agri report 9th may 2016Epic research weekly agri report 9th may 2016
Epic research weekly agri report 9th may 2016Epic Research
 
Epic research daily agri report 12th june 2015
Epic research  daily agri report 12th june  2015Epic research  daily agri report 12th june  2015
Epic research daily agri report 12th june 2015Epic Research Limited
 
Epic research daily agri report 16th june 2015
Epic research  daily agri report 16th june  2015Epic research  daily agri report 16th june  2015
Epic research daily agri report 16th june 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 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 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 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 weekly agri report 22nd feb 2016
Epic research weekly agri report 22nd feb 2016Epic research weekly agri report 22nd feb 2016
Epic research weekly agri report 22nd feb 2016Epic Research Limited
 
Epic Research Weekly Agri Report 30th Nov – 4th Dec 2015
Epic Research Weekly Agri Report 30th Nov – 4th Dec 2015 Epic Research Weekly Agri Report 30th Nov – 4th Dec 2015
Epic Research Weekly Agri Report 30th Nov – 4th Dec 2015 Epic Research Limited
 
Epic research daily agri report 15 oct 2015
Epic research daily agri report 15 oct 2015Epic research daily agri report 15 oct 2015
Epic research daily agri report 15 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 03 dec 2015
Epic research daily agri report 03 dec 2015Epic research daily agri report 03 dec 2015
Epic research daily agri report 03 dec 2015Epic Research Limited
 
Epic research daily agri report 11 august 2015
Epic research  daily agri report 11 august 2015Epic research  daily agri report 11 august 2015
Epic research daily agri report 11 august 2015Epic Research Limited
 
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 01st july 2015
Epic research  daily agri report 01st july  2015Epic research  daily agri report 01st july  2015
Epic research daily agri report 01st july 2015Epic Research Limited
 
Epic research daily agri report 28 sept 2015
Epic research daily agri report 28 sept 2015Epic research daily agri report 28 sept 2015
Epic research daily agri report 28 sept 2015Epic Research Limited
 
Epic research daily agri report 23 dec 2014
Epic research daily agri report  23 dec 2014Epic research daily agri report  23 dec 2014
Epic research daily agri report 23 dec 2014Epic Research Limited
 
Daily agri report by epic research limited of 01 march 2017
Daily agri report by epic research limited of 01 march  2017Daily agri report by epic research limited of 01 march  2017
Daily agri report by epic research limited of 01 march 2017Epic Research
 

What's hot (20)

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 15th july 2015
Epic research  daily agri report 15th july  2015Epic research  daily agri report 15th july  2015
Epic research daily agri report 15th july 2015
 
Epic research weekly agri report 9th may 2016
Epic research weekly agri report 9th may 2016Epic research weekly agri report 9th may 2016
Epic research weekly agri report 9th may 2016
 
Epic research daily agri report 12th june 2015
Epic research  daily agri report 12th june  2015Epic research  daily agri report 12th june  2015
Epic research daily agri report 12th june 2015
 
Epic research daily agri report 16th june 2015
Epic research  daily agri report 16th june  2015Epic research  daily agri report 16th june  2015
Epic research daily agri report 16th june 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 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 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 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 weekly agri report 22nd feb 2016
Epic research weekly agri report 22nd feb 2016Epic research weekly agri report 22nd feb 2016
Epic research weekly agri report 22nd feb 2016
 
Epic Research Weekly Agri Report 30th Nov – 4th Dec 2015
Epic Research Weekly Agri Report 30th Nov – 4th Dec 2015 Epic Research Weekly Agri Report 30th Nov – 4th Dec 2015
Epic Research Weekly Agri Report 30th Nov – 4th Dec 2015
 
Epic research daily agri report 15 oct 2015
Epic research daily agri report 15 oct 2015Epic research daily agri report 15 oct 2015
Epic research daily agri report 15 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 03 dec 2015
Epic research daily agri report 03 dec 2015Epic research daily agri report 03 dec 2015
Epic research daily agri report 03 dec 2015
 
Epic research daily agri report 11 august 2015
Epic research  daily agri report 11 august 2015Epic research  daily agri report 11 august 2015
Epic research daily agri report 11 august 2015
 
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 01st july 2015
Epic research  daily agri report 01st july  2015Epic research  daily agri report 01st july  2015
Epic research daily agri report 01st july 2015
 
Epic research daily agri report 28 sept 2015
Epic research daily agri report 28 sept 2015Epic research daily agri report 28 sept 2015
Epic research daily agri report 28 sept 2015
 
Epic research daily agri report 23 dec 2014
Epic research daily agri report  23 dec 2014Epic research daily agri report  23 dec 2014
Epic research daily agri report 23 dec 2014
 
Daily agri report by epic research limited of 01 march 2017
Daily agri report by epic research limited of 01 march  2017Daily agri report by epic research limited of 01 march  2017
Daily agri report by epic research limited of 01 march 2017
 

Viewers also liked

Diseño y estructura de una presentación [autoguardado]
Diseño y estructura de una presentación [autoguardado]Diseño y estructura de una presentación [autoguardado]
Diseño y estructura de una presentación [autoguardado]Grace Saavedra
 
談判溝通人格表析 詹翔霖教授-新海瓦斯
談判溝通人格表析 詹翔霖教授-新海瓦斯談判溝通人格表析 詹翔霖教授-新海瓦斯
談判溝通人格表析 詹翔霖教授-新海瓦斯翔霖 詹
 
Hola!! Soy Lauty
Hola!! Soy LautyHola!! Soy Lauty
Hola!! Soy Lautyagrotecnica
 

Viewers also liked (6)

Exitooooooo
ExitoooooooExitooooooo
Exitooooooo
 
Diseño y estructura de una presentación [autoguardado]
Diseño y estructura de una presentación [autoguardado]Diseño y estructura de una presentación [autoguardado]
Diseño y estructura de una presentación [autoguardado]
 
談判溝通人格表析 詹翔霖教授-新海瓦斯
談判溝通人格表析 詹翔霖教授-新海瓦斯談判溝通人格表析 詹翔霖教授-新海瓦斯
談判溝通人格表析 詹翔霖教授-新海瓦斯
 
Hola!! Soy Lauty
Hola!! Soy LautyHola!! Soy Lauty
Hola!! Soy Lauty
 
11pluscards s
11pluscards s11pluscards s
11pluscards s
 
Tamera
TameraTamera
Tamera
 

Similar to Epic research daily agri report 3rd july 2015

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 31 july 2015
Epic research  daily agri report 31 july  2015Epic research  daily agri report 31 july  2015
Epic research daily agri report 31 july 2015Epic Research Limited
 
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 29th feb 2016
Epic research daily agri report 29th feb 2016Epic research daily agri report 29th feb 2016
Epic research daily agri report 29th feb 2016Epic Research Limited
 
Epic research daily agri report 8th april 2016
Epic research daily agri report 8th april 2016Epic research daily agri report 8th april 2016
Epic research daily agri report 8th april 2016Epic Research
 
Epic research daily agri report 22 jan 2016
Epic research daily agri report 22 jan 2016Epic research daily agri report 22 jan 2016
Epic research daily agri report 22 jan 2016Epic Research Limited
 
Epic research daily agri report 11th june 2015
Epic research  daily agri report 11th june  2015Epic research  daily agri report 11th june  2015
Epic research daily agri report 11th june 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
 
Daily agri report by epic research limited of 15 february 2017
Daily agri report by epic research limited of 15 february 2017Daily agri report by epic research limited of 15 february 2017
Daily agri report by epic research limited of 15 february 2017Epic 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 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 20 march 2015
Epic research daily agri report  20 march 2015Epic research daily agri report  20 march 2015
Epic research daily agri report 20 march 2015Epic Research Limited
 
Epic research daily agri report 1st june 2016
Epic research daily agri report 1st june 2016Epic research daily agri report 1st june 2016
Epic research daily agri report 1st june 2016Epic Research
 
Epic research weekly agri report 28th march 2016
Epic research weekly agri report 28th march 2016Epic research weekly agri report 28th march 2016
Epic research weekly agri report 28th march 2016Epic Research
 
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 24th feb 2016
Epic research daily agri report 24th feb 2016Epic research daily agri report 24th feb 2016
Epic research daily agri report 24th feb 2016Epic Research Limited
 
Epic research daily agri report 11 feb 2015
Epic research daily agri report  11 feb 2015Epic research daily agri report  11 feb 2015
Epic research daily agri report 11 feb 2015Epic Research Limited
 
Epic research daily agri report 6th july 2015
Epic research  daily agri report 6th july  2015Epic research  daily agri report 6th july  2015
Epic research daily agri report 6th july 2015Epic Research Limited
 
Epic research daily agri report 23 nov 2015
Epic research daily agri report 23 nov 2015Epic research daily agri report 23 nov 2015
Epic research daily agri report 23 nov 2015Epic Research Limited
 
Epic research daily agri report 27 oct 2015
Epic research daily agri report 27 oct 2015Epic research daily agri report 27 oct 2015
Epic research daily agri report 27 oct 2015Epic Research Limited
 

Similar to Epic research daily agri report 3rd july 2015 (20)

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 31 july 2015
Epic research  daily agri report 31 july  2015Epic research  daily agri report 31 july  2015
Epic research daily agri report 31 july 2015
 
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 29th feb 2016
Epic research daily agri report 29th feb 2016Epic research daily agri report 29th feb 2016
Epic research daily agri report 29th feb 2016
 
Epic research daily agri report 8th april 2016
Epic research daily agri report 8th april 2016Epic research daily agri report 8th april 2016
Epic research daily agri report 8th april 2016
 
Epic research daily agri report 22 jan 2016
Epic research daily agri report 22 jan 2016Epic research daily agri report 22 jan 2016
Epic research daily agri report 22 jan 2016
 
Epic research daily agri report 11th june 2015
Epic research  daily agri report 11th june  2015Epic research  daily agri report 11th june  2015
Epic research daily agri report 11th june 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
 
Daily agri report by epic research limited of 15 february 2017
Daily agri report by epic research limited of 15 february 2017Daily agri report by epic research limited of 15 february 2017
Daily agri report by epic research limited of 15 february 2017
 
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 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 20 march 2015
Epic research daily agri report  20 march 2015Epic research daily agri report  20 march 2015
Epic research daily agri report 20 march 2015
 
Epic research daily agri report 1st june 2016
Epic research daily agri report 1st june 2016Epic research daily agri report 1st june 2016
Epic research daily agri report 1st june 2016
 
Epic research weekly agri report 28th march 2016
Epic research weekly agri report 28th march 2016Epic research weekly agri report 28th march 2016
Epic research weekly agri report 28th march 2016
 
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 24th feb 2016
Epic research daily agri report 24th feb 2016Epic research daily agri report 24th feb 2016
Epic research daily agri report 24th feb 2016
 
Epic research daily agri report 11 feb 2015
Epic research daily agri report  11 feb 2015Epic research daily agri report  11 feb 2015
Epic research daily agri report 11 feb 2015
 
Epic research daily agri report 6th july 2015
Epic research  daily agri report 6th july  2015Epic research  daily agri report 6th july  2015
Epic research daily agri report 6th july 2015
 
Epic research daily agri report 23 nov 2015
Epic research daily agri report 23 nov 2015Epic research daily agri report 23 nov 2015
Epic research daily agri report 23 nov 2015
 
Epic research daily agri report 27 oct 2015
Epic research daily agri report 27 oct 2015Epic research daily agri report 27 oct 2015
Epic research daily agri report 27 oct 2015
 

Recently uploaded

9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 DelhiCall Girls in Delhi
 
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
 
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
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Roland Driesen
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdfRenandantas16
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communicationskarancommunications
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
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
 
A305_A2_file_Batkhuu progress report.pdf
A305_A2_file_Batkhuu progress report.pdfA305_A2_file_Batkhuu progress report.pdf
A305_A2_file_Batkhuu progress report.pdftbatkhuu1
 
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
 
Best Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in IndiaBest Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in IndiaShree Krishna Exports
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetDenis Gagné
 
Event mailer assignment progress report .pdf
Event mailer assignment progress report .pdfEvent mailer assignment progress report .pdf
Event mailer assignment progress report .pdftbatkhuu1
 
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
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...lizamodels9
 
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
 
HONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsHONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsMichael W. Hawkins
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMRavindra Nath Shukla
 
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...Suhani Kapoor
 

Recently uploaded (20)

9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
 
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...
 
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
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
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
 
A305_A2_file_Batkhuu progress report.pdf
A305_A2_file_Batkhuu progress report.pdfA305_A2_file_Batkhuu progress report.pdf
A305_A2_file_Batkhuu progress report.pdf
 
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...
 
Best Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in IndiaBest Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in India
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
 
Event mailer assignment progress report .pdf
Event mailer assignment progress report .pdfEvent mailer assignment progress report .pdf
Event mailer assignment progress report .pdf
 
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...
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
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
 
HONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsHONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael Hawkins
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSM
 
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
 

Epic research daily agri report 3rd july 2015

  • 1. DAILY AGRI COMMODITY REPORT 03 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 JULY 7014 7294 6996 7286 +3.88 14025 INTRADAY LEVELS SUPPORT SUPP. 1 7090 SUPP. 2 6894 PIVOT 7192 Turmeric short term trend is up and May continue in coming days.RESISTAN CE RES. 1 7388 RES. 2 7490 CORIANDER JULY 11823 12025 11823 11903 -0.28 4970 INTRADAY LEVELS SUPPORT SUPP.1 11809 SUPP. 2 11715 PIVOT 11917 Coriander short term trend is up and May continue in coming days.RESISTAN CE RES. 1 12011 RES. 2 12119 GUARGUM JULY 10250 10660 10070 10660 +4.00 11038 INTRADAY LEVELS SUPPORT SUPP. 1 10267 SUPP. 2 9873 PIVOT 10463 Guargum short term trend is up and May continue in coming days.RESISTAN CE RES. 1 10857 RES. 2 11053 CASTORSEED JULY 4010 4035 3984 4003 -0.27 32470 INTRADAY LEVELS SUPPORT SUPP. 1 3980 SUPP. 2 3956 PIVOT 4007 Castorseed short term trend is up and May continue in coming day.RESISTAN CE RES. 1 4031 RES. 2 4058
  • 3. Most Active Contract 3 NCDEX INDICES Index Value Pre. Close % Change CASTORSEED 4003 4014 -0.27 CHANA 4229 4248 -0.45 CORIANDER 11903 11937 -0.28 GUARGUM 10660 10250 +4.00 JEERA 16080 15905 +1.10 MUSTARD SEED 4237 4253 -0.38 SOYABEAN 3635 3644 -0.25 TURMERIC 7286 7014 +3.88 TOP LOSERS SYMBOL EXPIRY DATE CURRENT PRICE CHANGE CHANGE % CHANA 20-07-2015 4230.00 -19.00 -0.45% CORIANDER 20-07-2015 11900.00 -52.00 -0.44% RAPESEED-MUSTARD SEED 20-07-2015 4234.00 -12.00 -0.28% CASTOR SEED NEW 20-07-2015 4003.00 -11.00 -0.27% SOYABEAN 20-08-2015 3624.00 -6.00 -0.17% BARLEY 20-07-2015 1218.00 -0.50 -0.04% TOP GAINERS SYMBOL EXPIRY DATE CURRENT PRICE CHANGE CHANGE % TURMERIC 20-07-2015 7276.00 254.00 3.62% JEERA 20-07-2015 16175.00 280.00 1.76% REFINED SOY OIL 20-08-2015 586.20 2.10 0.36% COTTON SEED OIL CAKE AKOLA 20-07-2015 1799.00 2.00 0.11%
  • 4. Commodities In News 4 ECONOMIC NEWS  With Prime Minister Narendra Modi lending currency to 'second green revolution', experts feel that technology intervention and improvement in infrastructure are key to higher agricultural production."Conventional cultivation will not be able to meet the food demand of our growing population. Shrinking land, declining water level, environmental problem can only be addressed through technology intervention. This is where biotechnology, genetically modified (GM) crops and marker assisted breeding technology will help," G Padmanaban of Indian Institute of Science (IISc), Bangalore, told a leading newspapaer.He said statistics of the last three years showed that the yield has declined and the rate of population growth is faster than the agriculture growth.India is going to exceed China in population growth in 15-20 years and reach 1.6 billion by 2030, he predicted.He was also of the view that green revolution and technology use should not be region-specific."Technology should be used across the country, but the variety of the crops should be region-specific, depending on the soil condition of that region," he added.Indian Council of Agricultural Research (ICAR) Director Dr K C Bansal couldn't agree more. He said the 'second green revolution' is essentially required to meet the growing demand of people both due to increase in population and income levels.Biotechnology, he felt, has a major role to play in ushering in second green revolution in a sustainable way and this could be termed as 'green green revolution'."With the advent of modern tools of biotechnology, it has become possible to address those challenges of agriculture like climate change, control of pests or malnutrition, which have been difficult to be overcome by conventional plant breeding methods."Globally, GM crop technology has fuelled development of transgenic crops with traits such as resistance to insects, herbicides and enhanced nutritional quality in several crops," he added.  NCDEX Guarseed futures rose yesterday amid good bargain buying after latest losses. Traders are still seeking some clarity on the performance of the monsoon in July- August period.Major spices also witnessed some gains today amid good demand in spot markets. The sentiments in agri commodities space continue to be dominated by Kharif harvest and afurther drop has emerged yesterday in Guar. Chana also moderated a bit after recent gains astraders eyed the Kharif pulses sowing.NCDEX Guarseed futures for July tested a one week low under Rs 4300 per quintal mark. The counter edged up from these levels and scored further gains yesterday. The contract trades on a firm note at Rs 4403 per quintal, up 2.79% on the day. NCDEX Guargum futures for October are trading at Rs 10780 per tonne, up 2% on yesterday. Laxman Singh Rathore, director general of India Meteorological Department (IMD) stated that the rainfall could be deficient by eight and 10 per cent in July and August,respectively, according to media reports. Monsoon has witnessed a good start this season,despite worries over the course of rainfall before the start of the season. The total rainfall from June 1 to June 28 was 19% more than normal. NCDEX Jeera futures for July tumbled heavily in last two sessions after nearing Rs 16700 per quintal mark. Traders are still not sure about the global markets. The export quotes for Jeera are steady around $3.7 per kg over last few weeks and the volumes have been thin.Turmeric gained too, recovering after the recent sideways movement as bargain buying trickled in around Rs 6800 per quintal mark for NCDEX July futures. Chana dropped in volatile trade after the Rajasthan Government revises higher stock limitson pulses. The government has raised pulses' stock limit and the timeline for stockists to adhere to the new norms under the immense pressure from traders community. As the deadlinehas extended by a week to July 15, the stock limit has been revised higher to 400 tonnes against the earlier 250 tonnes.
  • 5. 5 Fundamental Watch : Sugar SUGAR PRICES AT KEY SPOT MARKETNational Market Update  The Cabinet Committee on Economic Affairs (CCEA) announced interest free loan worth Rs 6000 crore to the Indian sugar millers who had accrued pending cane arrears to the local farmers in the country. The Telengana govt. is expected to impose entry tax on sugar import as the neighboring states such as Karnataka, Maharashtra and Tamil Nadu are dumping their excessive sugar onto the state leading to a further fall in local sugar prices. India’s sugar export rose 90% from last week as the country exported 86.1 thousand tons of sugar for the week ending 28th Jun, 2015 compared to 45.3 thousand tons sugar the previous week. The Karnataka govt. had put forthward a proposal to the centre asking for a subsidy of Rs 900 crore which could be utilized for meeting up the pending cane arrears by local sugar millers in the state. The Indonesian Sugar Association forecasted the country’s total sugar (white) production in between 2.45-2.60 million tons for 2015-16 which was last recorded at 2.58 million tons in 2014-15. As per the latest data released by Brazil’s Trade Ministry, the country exported 1.50 MT of raw sugar in June, 2015 which was 0.79% higher than the export made last year in June, 2014. In a bid to support local cane millers, the Brazilian govt. had raised import tariff on ethanol from 9.25 per cent at present to 11.75 per cent. The step is likely to boost the domestic ethanol production while combating the mass shipment from largest ethanol producer U.S. CENTER 2-July-15 1-July-15 Change DELHI 2475 2475 UNCH MUMBAI 2566 2566 UNCH VIJAYWADA 2640 2640 UNCH NAGPUR 2350 2350 UNCH CHENNAI 2250 2250 UNCH AMBIKAPUR 2835 2835 UNCH DHAMPUR 2390 2390 UNCH
  • 6. Technical Outlook 6 BUY CORIANDER JULY ABOVE 12070 TARGET 12095 12135 SL BELOW 12040 BUY GUARGUM JULY ABOVE 10830 TARGET 10880 10950 SL BELOW 10770 BUY TURMERIC JULY ABOVE 7350 TARGET 7390 7450 SL BELOW 7290 BUY CASTORSEED JULYABOVE 4120 TARGET 4145 4175 SL BELOW 4090
  • 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.