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WEEKLY AGRI COMMODITY REPORT 01 December 2014 
HNI & NRI Sales Contact Australia 
Mintara Road, Tarneit, Victoria. Post Code 3029 
Phone.: +61 422 063855 
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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 
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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 
YOUR MINTVISORYCall us at +91-731-6642300
Weekly Wrap Up 
2 
MONTH 
OPEN 
HIGH 
LOW 
CLOSE 
% CHG 
VOL 
MONTH 
OPEN 
HIGH 
LOW 
CLOSE 
% CHG 
VOL 
DHANIYA 
DEC 
13150 
13225 
12775 
12910 
-2.1 
64930 
INTRADAY LEVELS 
SUPPORT 
SUPP.1 
12715 
SUPP. 2 
12520 
PIVOT 
12970 
Dhaniya short termtrend is down, and further more down is expected in comimg days. 
RESISTANCE 
RES. 1 
13165 
RES. 2 
13420 
CASTORSEED 
DEC 
4815 
4834 
4418 
4418 
-9.2 
783300 
INTRADAY LEVELS 
SUPPORT 
SUPP. 1 
4279 
SUPP. 2 
4141 
PIVOT 
4557 
Castorseed short termis down,Pricesexpected to go down in coming days. 
RESISTANCE 
RES. 1 
4695 
RES. 2 
4973 
TURMERIC 
DEC 
6348 
6578 
6348 
6410 
+1.4 
20020 
INTRADAY LEVELS 
SUPPORT 
SUPP. 1 
6313 
SUPP. 2 
6215 
PIVOT 
6445 
Turmeric price is in uptrend and may continue in coming days. 
RESISTANCE 
RES. 1 
6543 
RES. 2 
6675 
GUARGUM 
DEC 
14380 
14500 
12730 
12730 
-11.2 
39372 
INTRADAY LEVELS 
SUPPORT 
SUPP. 1 
12140 
SUPP. 2 
11550 
PIVOT 
13320 
Guargum Short term trend is down,and may continue in coming days. 
RESISTANCE 
RES. 1 
13910 
RES. 2 
15090
Weekly Recommendations 
3 
BUY DHANIYA DEC ABOVE 12980 TGTS 13080,13180 SL 12830 
SELL DHANIYA DEC BELOW 12770 TGTS 12670,12570 SL 12920 
BUY GUARGUM DEC ABOVE 13050 TGTS 13200,13350 SL 12850 
SELL GUARGUM DEC BELOW 12700 TGTS 12550,12400 SL 12900
Commodities In News 
4 
ECONOMIC NEWS 
TotapNorthEaststates'potentialtoemergeasadestinationforcultivationofspices,theSpicesBoardhasembarkedonplanstopromotefarmingofawiderangeofproducethatfetchgreatdemandindomesticandglobalmarkets.AccordingtotheBoard, withAssaminthecorelocation,ArunachalPradesh,Manipur, Nagaland,Tripura,MeghalayaandMizoramarecongenialgroundsforcommercialcultivationofspicesretainingtheiruniquegenericproperties.SpiceIndia,theofficialjournalofKochi-basedSpicesBoard,saidtherichlandandthealluvialsoildepositsalongtheBrahmaputrariverbasinandthetropicalrainforestsofferasplendidbackdropfororganicfarming."Givenasupport,thesefactorscancontributetowardsimprovingfarmincomes,enhancingfoodandnutritionsecurity,acceleratingtheoveralleconomicgrowthoftheregionandmarketabilityofproducefromthisregion,"TheprojectisexpectedtogiveafilliptoavarietyofspiceslikeNagachillies,highlypungentbird'seyechilliesofMizoram. 
SittinginhisvillageinthedesertstateofRajasthan,SehdevBishnoiworriesthatoilfirmsaworldawayintheUnitedStateswillbuylessofhisguarinfuture,endingashort-livedboomthathelpedhimandotherIndianfarmersoutofpoverty.Foodfirmsarealsobuyersandthesectorislikelytotakemorethisyearastradersscoutoutnewmarkets,Drillersusethegumderivedfromguar, alsoknownasclusterbeans,forhydraulicfracturingandmanypoorfarmersswitchedcropstoridetheUSshaleboom.Guargumexportshadbeentickingalongataround200,000tonnesayearuntil2009/10,butasUSfrackersstockedup,shipmentsjumpedtoarecordofabout700,000tonnesinthefinancialyeartoMarch2012. 
Guarseedandguargumslumpedtodayasheavycorrectioninglobalcrudeoilpricesmadetraderswaryabouttheexportdemandforguargum.Overalldemandhasbeenpoorinbothcommoditiesinlastfewdays.Thearrivalsinmajormandiesarehoveringaround1-1.25lakhbangs.Overallscenarioremainslaxafterasteadytrendwaswitnessedinthecommodityafterthemassivearrayoflossesinthelastfewdays.Notmuchofanupsideisseeninthecommodityamidlackofexportdemandforguarmeal.Apersistentdrophasbeenseeninworldcrudeoilmarkets. WTIcrudeoilslumpedunder$68perbarrellastnightasacloselywatchedmeetingoftheOrganizationofthePetroleumExportingCountries(OPEC)saiditwouldmaintaintheproductionlevelof30millionbarrelsperday.GuarseedpricesaretradingatRs4700perquintal,downRs100perquintalinJodhour-itssixmonthlowmark. 
Jeerapricesaresteadyafteramassivearrayofgainsinlastfewweeks. ThedemandremainsstrongandtherecentboutofweaknessintheIndianRupeeislikelytokeeptheexportsbuoyant.HugedeclineisestimatedinJeerasowinginthecurrentyear.Thepricesarelikelytobesupportiveinthenearterm.Arrivalsarethinningnowastheseasonaltrendsswingintoaction. 
Goodstocksinreadymarketsarelikelytocapgainsinthecastorseedpricesincomingmonths.Thecommodityhaswitnessedadownwardmovementinlastfewweeks.Aspersources,thefavouarbleweatherconditionsinmajorcastorseedgrowingstatessuchasRajasthanandGujaratwillincreasethecastorseedproductionbyalmost10-15percentinthecurrentyear.ThepriceslingeratRs4600perquintalinDisa-theironemonthlow. 
Localsugarpricesarebeinghitfromlackofdemandinreadymarkets. Oldstocksareunlikelytoseeanybuyingandthoughthemillersaretryingtosellthenewstocksatanelevatedlevel.
5 
NEWS RECAP 
COMMODITY HEADLINES 
Indonesia Maintains Palm Oil Export Duty At Zero Percent For December 2014. 
Wheat acreage up by 1.5 per cent so far this Rabi season. 
North East to be developed as new 'spice destination‘. 
Cotton growth in India beats global trend. 
Government's rice procurement still lags at 10.35 million tonnes. 
Rabi Acreage Down 4.75%, Wheat Sowing Accelerates. 
Turmeric Tumbles On Profit Taking Amid Waning Export Orders. 
India July-Sep GDP Grows 5.3%. 
Good Stocks To Cap Castor In Coming Months. 
Rabi Oilseeds Sowing Down 35% As On 27th November 2014. 
Chana Surges Further In Delhi, Arrivals Drop.
SPOT QUOTES 
6 
COMMODITY NAME 
LOCATION 
PRICE 
Cotton Seed Oilcake 
Kadi 
1355.3 
Crude Palm Oil 
Kandla 
437.85 
Guar Gum 
Jodhpur 
12472.9 
Guar Seed 10 MT 
Jodhpur 
4542.2 
GUAR SEED 2 MT 
Jodhpur 
4542.2 
Guarseed 
Jodhpur 
4900 
Guarseed 
Bikaner 
4450 
Gur 
Muzaffar Nagar 
948.95 
Jeera 
Unjha 
12080 
Mustardseed 
Jaipur 
3876.35 
Mustardseed 
Alwar 
3919 
Ref Soya Oil 
Nagpur 
585 
COMMODITY NAME 
LOCATION 
PRICE 
Barley 
Jaipur 
1610.85 
Castor Seed 
Disa 
4569.8 
Castor Seed 1 MT 
Disa 
4569.8 
Castor Seed 2 MT 
Disa 
4569.8 
Chana 
Bikaner 
2900 
Chana 
Delhi 
3086.3 
Chana 
Indore 
2898.35 
Chana 1 MT 
Delhi 
3086.3 
Chana 2 MT 
Delhi 
3086.3 
Chilli 
Guntur 
8290 
Coriander 
Kota 
11855.75 
Cotton 
Kadi 
15785.1 
Cotton Seed (Industrial Grade) 
Akola 
1725 
Cotton Seed Oilcake 
Akola 
1357.8
Disclaimer 
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do notaccept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them themost. 
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 positionsinthe stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not readany views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for. Any surfingand 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 toforward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly bythem. If found so then Serious Legal Actions can be taken.

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Epic research weekly agri report 01 dec 2014

  • 1. WEEKLY AGRI COMMODITY REPORT 01 December 2014 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 YOUR MINTVISORYCall us at +91-731-6642300
  • 2. Weekly Wrap Up 2 MONTH OPEN HIGH LOW CLOSE % CHG VOL MONTH OPEN HIGH LOW CLOSE % CHG VOL DHANIYA DEC 13150 13225 12775 12910 -2.1 64930 INTRADAY LEVELS SUPPORT SUPP.1 12715 SUPP. 2 12520 PIVOT 12970 Dhaniya short termtrend is down, and further more down is expected in comimg days. RESISTANCE RES. 1 13165 RES. 2 13420 CASTORSEED DEC 4815 4834 4418 4418 -9.2 783300 INTRADAY LEVELS SUPPORT SUPP. 1 4279 SUPP. 2 4141 PIVOT 4557 Castorseed short termis down,Pricesexpected to go down in coming days. RESISTANCE RES. 1 4695 RES. 2 4973 TURMERIC DEC 6348 6578 6348 6410 +1.4 20020 INTRADAY LEVELS SUPPORT SUPP. 1 6313 SUPP. 2 6215 PIVOT 6445 Turmeric price is in uptrend and may continue in coming days. RESISTANCE RES. 1 6543 RES. 2 6675 GUARGUM DEC 14380 14500 12730 12730 -11.2 39372 INTRADAY LEVELS SUPPORT SUPP. 1 12140 SUPP. 2 11550 PIVOT 13320 Guargum Short term trend is down,and may continue in coming days. RESISTANCE RES. 1 13910 RES. 2 15090
  • 3. Weekly Recommendations 3 BUY DHANIYA DEC ABOVE 12980 TGTS 13080,13180 SL 12830 SELL DHANIYA DEC BELOW 12770 TGTS 12670,12570 SL 12920 BUY GUARGUM DEC ABOVE 13050 TGTS 13200,13350 SL 12850 SELL GUARGUM DEC BELOW 12700 TGTS 12550,12400 SL 12900
  • 4. Commodities In News 4 ECONOMIC NEWS TotapNorthEaststates'potentialtoemergeasadestinationforcultivationofspices,theSpicesBoardhasembarkedonplanstopromotefarmingofawiderangeofproducethatfetchgreatdemandindomesticandglobalmarkets.AccordingtotheBoard, withAssaminthecorelocation,ArunachalPradesh,Manipur, Nagaland,Tripura,MeghalayaandMizoramarecongenialgroundsforcommercialcultivationofspicesretainingtheiruniquegenericproperties.SpiceIndia,theofficialjournalofKochi-basedSpicesBoard,saidtherichlandandthealluvialsoildepositsalongtheBrahmaputrariverbasinandthetropicalrainforestsofferasplendidbackdropfororganicfarming."Givenasupport,thesefactorscancontributetowardsimprovingfarmincomes,enhancingfoodandnutritionsecurity,acceleratingtheoveralleconomicgrowthoftheregionandmarketabilityofproducefromthisregion,"TheprojectisexpectedtogiveafilliptoavarietyofspiceslikeNagachillies,highlypungentbird'seyechilliesofMizoram. SittinginhisvillageinthedesertstateofRajasthan,SehdevBishnoiworriesthatoilfirmsaworldawayintheUnitedStateswillbuylessofhisguarinfuture,endingashort-livedboomthathelpedhimandotherIndianfarmersoutofpoverty.Foodfirmsarealsobuyersandthesectorislikelytotakemorethisyearastradersscoutoutnewmarkets,Drillersusethegumderivedfromguar, alsoknownasclusterbeans,forhydraulicfracturingandmanypoorfarmersswitchedcropstoridetheUSshaleboom.Guargumexportshadbeentickingalongataround200,000tonnesayearuntil2009/10,butasUSfrackersstockedup,shipmentsjumpedtoarecordofabout700,000tonnesinthefinancialyeartoMarch2012. Guarseedandguargumslumpedtodayasheavycorrectioninglobalcrudeoilpricesmadetraderswaryabouttheexportdemandforguargum.Overalldemandhasbeenpoorinbothcommoditiesinlastfewdays.Thearrivalsinmajormandiesarehoveringaround1-1.25lakhbangs.Overallscenarioremainslaxafterasteadytrendwaswitnessedinthecommodityafterthemassivearrayoflossesinthelastfewdays.Notmuchofanupsideisseeninthecommodityamidlackofexportdemandforguarmeal.Apersistentdrophasbeenseeninworldcrudeoilmarkets. WTIcrudeoilslumpedunder$68perbarrellastnightasacloselywatchedmeetingoftheOrganizationofthePetroleumExportingCountries(OPEC)saiditwouldmaintaintheproductionlevelof30millionbarrelsperday.GuarseedpricesaretradingatRs4700perquintal,downRs100perquintalinJodhour-itssixmonthlowmark. Jeerapricesaresteadyafteramassivearrayofgainsinlastfewweeks. ThedemandremainsstrongandtherecentboutofweaknessintheIndianRupeeislikelytokeeptheexportsbuoyant.HugedeclineisestimatedinJeerasowinginthecurrentyear.Thepricesarelikelytobesupportiveinthenearterm.Arrivalsarethinningnowastheseasonaltrendsswingintoaction. Goodstocksinreadymarketsarelikelytocapgainsinthecastorseedpricesincomingmonths.Thecommodityhaswitnessedadownwardmovementinlastfewweeks.Aspersources,thefavouarbleweatherconditionsinmajorcastorseedgrowingstatessuchasRajasthanandGujaratwillincreasethecastorseedproductionbyalmost10-15percentinthecurrentyear.ThepriceslingeratRs4600perquintalinDisa-theironemonthlow. Localsugarpricesarebeinghitfromlackofdemandinreadymarkets. Oldstocksareunlikelytoseeanybuyingandthoughthemillersaretryingtosellthenewstocksatanelevatedlevel.
  • 5. 5 NEWS RECAP COMMODITY HEADLINES Indonesia Maintains Palm Oil Export Duty At Zero Percent For December 2014. Wheat acreage up by 1.5 per cent so far this Rabi season. North East to be developed as new 'spice destination‘. Cotton growth in India beats global trend. Government's rice procurement still lags at 10.35 million tonnes. Rabi Acreage Down 4.75%, Wheat Sowing Accelerates. Turmeric Tumbles On Profit Taking Amid Waning Export Orders. India July-Sep GDP Grows 5.3%. Good Stocks To Cap Castor In Coming Months. Rabi Oilseeds Sowing Down 35% As On 27th November 2014. Chana Surges Further In Delhi, Arrivals Drop.
  • 6. SPOT QUOTES 6 COMMODITY NAME LOCATION PRICE Cotton Seed Oilcake Kadi 1355.3 Crude Palm Oil Kandla 437.85 Guar Gum Jodhpur 12472.9 Guar Seed 10 MT Jodhpur 4542.2 GUAR SEED 2 MT Jodhpur 4542.2 Guarseed Jodhpur 4900 Guarseed Bikaner 4450 Gur Muzaffar Nagar 948.95 Jeera Unjha 12080 Mustardseed Jaipur 3876.35 Mustardseed Alwar 3919 Ref Soya Oil Nagpur 585 COMMODITY NAME LOCATION PRICE Barley Jaipur 1610.85 Castor Seed Disa 4569.8 Castor Seed 1 MT Disa 4569.8 Castor Seed 2 MT Disa 4569.8 Chana Bikaner 2900 Chana Delhi 3086.3 Chana Indore 2898.35 Chana 1 MT Delhi 3086.3 Chana 2 MT Delhi 3086.3 Chilli Guntur 8290 Coriander Kota 11855.75 Cotton Kadi 15785.1 Cotton Seed (Industrial Grade) Akola 1725 Cotton Seed Oilcake Akola 1357.8
  • 7. Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do notaccept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them themost. 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 positionsinthe stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not readany views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for. Any surfingand 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 toforward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly bythem. If found so then Serious Legal Actions can be taken.