✍ NCDEX DAILY LEVELS
DALLY EXPIRY R4 R3 R2 R1 PP S1 S2 S3 S4
SYOREFIDR 20 APR 15 613 603 593 587 583 577 573 563 553
SYBEANIDR 20 APR 15 3420 3399 3374 3363 3349 3338 3324 3299 3274
RMSEED 20 APR 15 3484 3450 3420 3400 3385 3365 3350 3320 3285
JEERAUNJHA 20 MAR 15 15975 15515 15060 14875 14605 14420 14155 13695 13245
CHANA 20 APR 15 3770 3735 3705 3690 3675 3660 3640 3610 3575
CASTORSEED 20 MAR 15 3880 3800 3720 3675 3640 3595 3560 3480 3400
✍ NCDEX WEEKLY LEVELS
WEEKLY EXPIRY R4 R3 R2 R1 PP S1 S2 S3 S4
SYOREFIDR 20 APR 15 667 641 615 598 589 575 563 537 511
SYBEANIDR 20 APR 15 3690 3585 3480 3416 3375 3311 3270 3165 3060
RMSEED 20 APR 15 3672 3580 3488 3435 3396 3343 3304 3212 3120
JEERAUNJHA 20 MAR 15 18325 17165 16000 15345 14845 14185 13,685 12,525 11365
CHANA 20 APR 15 3967 3873 3779 3728 3685 3634 3591 3497 3403
CASTORSEED 20 MAR15 4060 3926 3926 3712 3680 3578 3524 3390 3256
✍ MCX DAILY LEVELS
DALLY EXPIRY R4 R3 R2 R1 PP S1 S2 S3 S4
ALUMINIUM 31 MAR 15 119.00 118.40 115.40 113.40 112.50 111.90 110.90 109.20 108.00
COPPER 30 APR 15 381.20 377.50 373.50 371.50 370.00 367.00 36600 362.00 358.50
CRUDE OIL 19 MAR15 3506 3412 3318 3264 3224 3170 3130 3036 2942
GOLD 03APR 15 27088 26896 26704 26589 26512 26397 26320 26128 25936
LEAD 31 MAR 15 121.50 118.50 115.50 114.30 112.50 111.25 109.50 106.50 103.50
NATURAL GAS 26 MAR 15 193.80 187.80 181.80 178.80 175.80 171.80 169.80 163.80 157.80
NICKEL 31 MAR 15 944.30 923.30 902.30 894.65 881.30 873.65 860.30 839.30 818.35
SILVER 05 MAY 15 37395 37045 36695 36485 36345 36135 35990 35640 35290
ZINC 31 MAR15 129.70 128.60 127.50 126.80 126.30 125.60 125.60 124.00 122.80
✍ MCX WEEKLY LEVELS
WEEKLY EXPIRY R4 R3 R2 R1 PP S1 S2 S3 S4
ALUMINIUM 31 MAR 15 119.60 117.15 114.70 113.55 112.25 111.10 109.80 107.35 104.90
COPPER 30 APR 15 402.30 391.30 381.30 374.65 369.35 363.65 358.35 347.35 336.35
CRUDE OIL 19 MAR15 3893 3654 3415 3312 3176 3073 3073 2698 2459
GOLD 03APR 15 27700 27514 27314 26701 26542 26315 26156 25770 25384
LEAD 31 MAR 15 129.40 123.45 117.50 115.25 111.55 109.30 105.60 99.65 93.70
NATURAL GAS 26 MAR 15 212.85 199.75 186.65 182.10 173.55 169.00 160.45 147.35 134.25
NICKEL 31 MAR 15 995 955 915 901 875 861.00 835 795 755
SILVER 05 MAY 15 39498 38516 37534 36907 36,552 35925 35570 34588 33606
ALUMINIUM 31 MAR 15 119.60 117.15 114.70 113.55 112.25 111.10 109.80 107.35 104.90
✍ MCX - WEEKLY NEWS LETTERS
✍ INTERNATIONAL NEWS
 US unemployed data dropped to a more than six-and-a-half-year low in Feb.
 ECB to purchase €60 billion dollars as part of QE program nowadays. Japan’s economic
system improved 0.4 % in it all one fourth.
 QE in European reinforced benefits in the dollar. The currency moved a every week high of
97.76 and closed at 97.6 on Saturday.
1. US Non-Farm Employment Change for the 30 days of Feb came out to be positive as
compared to its previous month’s launch. The unemployment data declined to 5.5% for the
30 days of Feb reduced as against 5.7% for the 30 days of Jan.
The Indian Rupee decreased by 1.3 percent last week due to strength in the DX. Also,
state-owned financial institutions purchased the US forex, likely on part of the Source Financial
institution RBI as the central bank desired to prevent the rupee from increasing considerably.
The US Dollar Catalog (DX) hopped by 2.4 % last week as effective information improved
objectives of amount increase a few months ago.
However, India's services industry extended outcome to range an eight-month high in Feb, led
by a increase in new purchases on enhancing household demand limited distinct fall. The RBI
reduced its policy repo rate by 25 basis points to 7.5 %, its second inter-meeting reduce this
year on the back of reducing increasing prices and a govt dedication to financial self-discipline.
The currency moved a every week low of 62.452 and closed at 62.45 on Saturday.
✍ PRECIOUS METAL
Gold price exchanged lower for most of the a couple weeks ago on good financial information
from the US. Data on Wed revealed U.S. personal companies included 212,000 tasks in Feb,
while January's personal payrolls were improved up-wards to 250,000.
Holdings in SPDR Gold Believe in, the world's greatest gold-backed exchange-traded finance,
dropped 0.35 % to 760.80 loads on Wednesday. That followed a near 8-tonne fall on Thursday,
the greatest output this year.
Seven of the Fed's 17 members have said they at least want the option of a rate development of
July on the desk, or have forced in common for an previously increase in the anticipations that
salaries and rising prices will turn higher.
On the MCX, Gold price dropped by 0.82 % a couple weeks ago and shut at Rs.26012/10 gms.
✍ SILVER
Silver price in the worldwide marketplaces traded reduced and dropped heavily at the end of
the 7 days. Strength in the dollar index on account of excellent financial information from the
US applied downside pressure.
Spot silver price in the worldwide marketplaces rose by 4.46 % and shut at $15.86/oz. On the
MCX, silver price dropped by 1.16 % and shut at Rs.35972/kg.
On the MCX, precious metals price will business reduced taking hints from weak worldwide
marketplaces.
✍ ENERGY
Oil price interchanged reduced several weeks ago with NYMEX WTI dropping extremely on
benefit booking at greater levels although the major details and developments were valuable for
oil markets
OPEC member Iran forced that it in comparison a routine for a secure up on nuclear activities,
details that helped raw restoration from an early slide connected with swelling U.S. stockpiles.
Comments from Saudi Arabia's oil reverend that price ought to enhance from the sell off of
latest months also helped put a floor under costs.
Encouragement from the Govt Reserve's Well done Evaluation anticipating decreases in
investment costs for oil and gas producers in certain U.S. areas. Lower oil finding costs could
mean less supply in the future.
Higher price required by Saudi on its customers in Asia, the U. s. States and northern western
Europe was another valuable growth.
Last 7 days, WTI oil price in the globally market segments decreased by 0.3 % and closed at
$49.61/bbl. On the MCX, raw costs improved by 3.43 % and closed at Rs.3138/bbl.
✍ OIL RIGS IN THE US LOWEST SINCE 2011
The number of rigs drilling for oil in the United States fell by 64 this week to 922, the smallest
number of rigs in operation since April 2011, Baker Hughes said in its weekly survey.
It was a sign U.S. shale oil producers, who had flooded the market with crude supplies, had
again stepped up on winding down output after last week's rig drop of 33, which was the least
since the start of 2015. (Reuters)
On the MCX, oil prices are expected to trade sideways taking cues from international markets
✍ BASE METAL
Base materials on the LME except Dime and Lead exchanged lower a couple weeks ago as
strong jobs information launched from the US raised amount increase objectives. While on the
other hand, amount cut by Chinese suppliers to boost development in the flagging economic
system will be helpful. In the Indian markets, base materials higher in line with international
styles.
Copper down by 2.8 % a couple weeks ago as China's Leading Li Keqiang saying that the
world's second-largest economic system would target development this year of around 7 %,
signaling the smallest development for a quarter of a century.Also, strength in the DX after
effective employment information from the US applied disadvantage pressure on costs.
MCX copper price dropped by 0.9 % and closed at Rs.366/kg on Saturday but Rupee
devaluation limited sharp fall.
We expect Copper prices to trade lower as the US jobless rate fell to a more than
six-and-a-half-year low, which could encourage the Federal Reserve to consider raising interest
rates in June. Also, top officials in China highlighted the growth and debt challenges the
country faces in 2015.
On the MCX, copper prices are expected to trade sideways owing to Rupee depreciation.
LME Inventory
NCDEX - WEEKLY NEWS LETTERS
✍ JEERA
Jeera futures closed higher by 1.34 % in last dealing period on excellent purchasing assistance
by the industry members after fall in two past dealing classes. Further increase in cost is
assigned due to provide stress in identify industry from the new year plants. There are reviews
of plants harm of the new year plants due to unseasonal down pours in Gujarat and Rajasthan.
Export purchases are redirected to Indian due to Geo-political stress in Syria and Poultry. .Jeera
(cumin) exports have been 87,500 loads in the first six months (Apr-Sep) of 2014-15, a increase
of 25% from the corresponding period of the past (Source: Spices or herbs Board)
According to Gujarat govt information launched on Nineteenth Jan 15, Jeera documented 2.64
lakh hac, 42% less planting in comparison to last year’s 4.54 lakh hac. The provides of Jeera
predicted to development of the next 30 days due to appearance of new year plants.
Jeera futures dealing may business on combined to beneficial observe, as there is excellent
requirement from exporters as well as suppliers and suppliers at industry costs on expectation
of smaller routes in coming 30 days on expectation of lower manufacturing. However,
appearance stress may cap the cost increase.
Metal Change from previous day
Aluminium 4350
Copper 3000
Lead 175
Nickel -96
Tin -20
Zinc -3325
✍ CHANA
NCDEX Chana Apr. futures trading closed higher on Friday by 0.16% on buying support at
affordable price . Low household requirement assigned further increase in cost. Latest
unseasonal down pours in increasing places might have affected the manufacturing and
increasing of plants. As per the Government information, Chana has planted over 85.91 lakh
hectares, which is 16 % less as on Feb 13, 2015 as in comparison to last year’s 102.25 lakh hac.
Whereas, place protection under complete Impulses is at 145.92 lakh hectares while the last
year’s planting place protection was 162.21 lakh hectares
Chana futures expected to trade mixed note in the coming days due to low supplies as new crop
likely to hit the local markets. Overall sentiments look positive for Chana amid expected lower
output and duty-free imports allowed till Mar 2015
✍ SOYABEAN
NCDEX Soy bean Apr futures trading closed 0.59% decline on Friday on reduced household
requirement amongst no trade requirement for the oil food and oil.India's oil food exports is
expected to drop about 40 % in 2014/15 due to reduced requirement for soymeal as key
customers like Iran and Asia change to less expensive provides from South America. In Jan
2015, Soymeal exports dropped by more than 71 % to 104,426 loads against 364,443 loads in
the same 30 days a year ago.
U.S. soy beans dropped more than 1 percent in a technological sell-off stimulated by a
dissipating truck drivers attack in South america. International soybean manufacturing was
brought up 700,000 plenty to a history 315.1 thousand. Leads for the Argentina soybean plants
have enhanced with adequate wetness and light temperature ranges, and the plants is estimated
at a history 56 thousand plenty.
Soybean exports for 2014-15 are estimated at 1.790 billion dollars bushels, up 20 thousand
bushels. Soy bean finishing shares are estimated at 385 thousand bushels, down 25 thousand
from last 30 days.
Soybean futures trading may trade on a combined note on gradual requirement for oil and oil
food exports but good buying support at affordable costs might maintain the costs.
✍ REFINED SOYA OIL
Ref soy oil Apr futures trading closed 0.02% higher on Saturday.There is reduced demand and
adequate supply in the spot marketplaces.
Soybean oil Transfer has shown 131% growth in Jan 15 as in comparison to Dec 14. In the
month of Jan 15, there is an improve of 28 % import of Raw soy bean oil to 224,430 loads as in
comparison to last year’s 174,236 loads.It is mainly due to high costs of soy bean and smaller
understanding for oil and soy bean meal in trade market, led to reduced smashing and
accessibility to household oil along with expected improve in import responsibility by the GOI.
soy bean oil in Indian is likely to be at around 3.45 thousand plenty against 3.30 thousand
plenty last year.
The traditions responsibility on oil has been improved to 7.5 % from 2.5 % earlier, while the
responsibility on refined delicious oil has been brought up to 15 % from 10 %, as per the notice
from the Central Board of Excise and Customs.
✍ RM SEED
Mustard seeds futures trading closed 0.29 % reduced last trading period on technological
promoting at higher costs as new plants is going to hit the marketplaces in 2-3 weeks times.
There is an anticipations of fall in manufacturing for new year plants. Reviews on important
plants failures due to latest unseasonal down pours in Northern Indian might have assigned the
further fall. Indian rapeseed manufacturing is estimated at 6.9 thousand plenty, down 6.5 lakh
plenty on reduced area.
The property in the nation so far is down by about 3.2% at about 63.8 lakh hectares (lh). India’s
village ministry has suggested to cut the 30 % transfer responsibility on oilseeds in the Price
range to help local refiners make use of unutilized potential.
Global rapeseed manufacturing is estimated at a history 71.94 thousand plenty, up 1.2 thousand
mainly on improved manufacturing for Northern america (15.6 thousand tons). Reviews of Bug
attack in European countries may lead to fall in outcome to a three-year low of 20.5 thousand
measurement plenty in 2015, down from a history 24 thousand last year.
LEGAL DISCLAIMER
This Document has been prepared by Ways2Capital (A Division of High Brow Market
Research Investment Advisory Pvt Ltd). The information, analysis and estimates contained
herein are based on Ways2Capital Equity/Commodities Research assessment and have been
obtained from sources believed to be reliable. This document is meant for the use of the
intended recipient only. This document, at best, represents Ways2Capital Equity/Commodities
Research opinion and is meant for general information only. Ways2Capital
Equity/Commodities Research, its directors, officers or employees shall not in any way to be
responsible for the contents stated herein. Ways2Capital Equity/Commodities Research
expressly disclaims any and all liabilities that may arise from information, errors or omissions
in this connection. This document is not to be considered as an offer to sell or a solicitation to
buy any securities or commodities.
All information, levels & recommendations provided above are given on the basis of technical
& fundamental research done by the panel of expert of Ways2Capital but we do not accept any
liability for errors of opinion. People surfing through the website have right to opt the product
services of their own choices.
Any investment in commodity market bears risk, company will not be liable for any loss done
on these recommendations. These levels do not necessarily indicate future price moment.
Company holds the right to alter the information without any further notice. Any browsing
through website means acceptance of disclaimer.

Commodity report ways2capital 09 march 2015

  • 2.
    ✍ NCDEX DAILYLEVELS DALLY EXPIRY R4 R3 R2 R1 PP S1 S2 S3 S4 SYOREFIDR 20 APR 15 613 603 593 587 583 577 573 563 553 SYBEANIDR 20 APR 15 3420 3399 3374 3363 3349 3338 3324 3299 3274 RMSEED 20 APR 15 3484 3450 3420 3400 3385 3365 3350 3320 3285 JEERAUNJHA 20 MAR 15 15975 15515 15060 14875 14605 14420 14155 13695 13245 CHANA 20 APR 15 3770 3735 3705 3690 3675 3660 3640 3610 3575 CASTORSEED 20 MAR 15 3880 3800 3720 3675 3640 3595 3560 3480 3400 ✍ NCDEX WEEKLY LEVELS WEEKLY EXPIRY R4 R3 R2 R1 PP S1 S2 S3 S4 SYOREFIDR 20 APR 15 667 641 615 598 589 575 563 537 511 SYBEANIDR 20 APR 15 3690 3585 3480 3416 3375 3311 3270 3165 3060 RMSEED 20 APR 15 3672 3580 3488 3435 3396 3343 3304 3212 3120 JEERAUNJHA 20 MAR 15 18325 17165 16000 15345 14845 14185 13,685 12,525 11365 CHANA 20 APR 15 3967 3873 3779 3728 3685 3634 3591 3497 3403 CASTORSEED 20 MAR15 4060 3926 3926 3712 3680 3578 3524 3390 3256
  • 3.
    ✍ MCX DAILYLEVELS DALLY EXPIRY R4 R3 R2 R1 PP S1 S2 S3 S4 ALUMINIUM 31 MAR 15 119.00 118.40 115.40 113.40 112.50 111.90 110.90 109.20 108.00 COPPER 30 APR 15 381.20 377.50 373.50 371.50 370.00 367.00 36600 362.00 358.50 CRUDE OIL 19 MAR15 3506 3412 3318 3264 3224 3170 3130 3036 2942 GOLD 03APR 15 27088 26896 26704 26589 26512 26397 26320 26128 25936 LEAD 31 MAR 15 121.50 118.50 115.50 114.30 112.50 111.25 109.50 106.50 103.50 NATURAL GAS 26 MAR 15 193.80 187.80 181.80 178.80 175.80 171.80 169.80 163.80 157.80 NICKEL 31 MAR 15 944.30 923.30 902.30 894.65 881.30 873.65 860.30 839.30 818.35 SILVER 05 MAY 15 37395 37045 36695 36485 36345 36135 35990 35640 35290 ZINC 31 MAR15 129.70 128.60 127.50 126.80 126.30 125.60 125.60 124.00 122.80 ✍ MCX WEEKLY LEVELS WEEKLY EXPIRY R4 R3 R2 R1 PP S1 S2 S3 S4 ALUMINIUM 31 MAR 15 119.60 117.15 114.70 113.55 112.25 111.10 109.80 107.35 104.90 COPPER 30 APR 15 402.30 391.30 381.30 374.65 369.35 363.65 358.35 347.35 336.35 CRUDE OIL 19 MAR15 3893 3654 3415 3312 3176 3073 3073 2698 2459 GOLD 03APR 15 27700 27514 27314 26701 26542 26315 26156 25770 25384 LEAD 31 MAR 15 129.40 123.45 117.50 115.25 111.55 109.30 105.60 99.65 93.70 NATURAL GAS 26 MAR 15 212.85 199.75 186.65 182.10 173.55 169.00 160.45 147.35 134.25 NICKEL 31 MAR 15 995 955 915 901 875 861.00 835 795 755 SILVER 05 MAY 15 39498 38516 37534 36907 36,552 35925 35570 34588 33606 ALUMINIUM 31 MAR 15 119.60 117.15 114.70 113.55 112.25 111.10 109.80 107.35 104.90
  • 4.
    ✍ MCX -WEEKLY NEWS LETTERS ✍ INTERNATIONAL NEWS  US unemployed data dropped to a more than six-and-a-half-year low in Feb.  ECB to purchase €60 billion dollars as part of QE program nowadays. Japan’s economic system improved 0.4 % in it all one fourth.  QE in European reinforced benefits in the dollar. The currency moved a every week high of 97.76 and closed at 97.6 on Saturday. 1. US Non-Farm Employment Change for the 30 days of Feb came out to be positive as compared to its previous month’s launch. The unemployment data declined to 5.5% for the 30 days of Feb reduced as against 5.7% for the 30 days of Jan. The Indian Rupee decreased by 1.3 percent last week due to strength in the DX. Also, state-owned financial institutions purchased the US forex, likely on part of the Source Financial institution RBI as the central bank desired to prevent the rupee from increasing considerably. The US Dollar Catalog (DX) hopped by 2.4 % last week as effective information improved objectives of amount increase a few months ago. However, India's services industry extended outcome to range an eight-month high in Feb, led by a increase in new purchases on enhancing household demand limited distinct fall. The RBI reduced its policy repo rate by 25 basis points to 7.5 %, its second inter-meeting reduce this year on the back of reducing increasing prices and a govt dedication to financial self-discipline. The currency moved a every week low of 62.452 and closed at 62.45 on Saturday. ✍ PRECIOUS METAL Gold price exchanged lower for most of the a couple weeks ago on good financial information from the US. Data on Wed revealed U.S. personal companies included 212,000 tasks in Feb, while January's personal payrolls were improved up-wards to 250,000. Holdings in SPDR Gold Believe in, the world's greatest gold-backed exchange-traded finance, dropped 0.35 % to 760.80 loads on Wednesday. That followed a near 8-tonne fall on Thursday, the greatest output this year.
  • 5.
    Seven of theFed's 17 members have said they at least want the option of a rate development of July on the desk, or have forced in common for an previously increase in the anticipations that salaries and rising prices will turn higher. On the MCX, Gold price dropped by 0.82 % a couple weeks ago and shut at Rs.26012/10 gms. ✍ SILVER Silver price in the worldwide marketplaces traded reduced and dropped heavily at the end of the 7 days. Strength in the dollar index on account of excellent financial information from the US applied downside pressure. Spot silver price in the worldwide marketplaces rose by 4.46 % and shut at $15.86/oz. On the MCX, silver price dropped by 1.16 % and shut at Rs.35972/kg. On the MCX, precious metals price will business reduced taking hints from weak worldwide marketplaces. ✍ ENERGY Oil price interchanged reduced several weeks ago with NYMEX WTI dropping extremely on benefit booking at greater levels although the major details and developments were valuable for oil markets OPEC member Iran forced that it in comparison a routine for a secure up on nuclear activities, details that helped raw restoration from an early slide connected with swelling U.S. stockpiles. Comments from Saudi Arabia's oil reverend that price ought to enhance from the sell off of latest months also helped put a floor under costs. Encouragement from the Govt Reserve's Well done Evaluation anticipating decreases in investment costs for oil and gas producers in certain U.S. areas. Lower oil finding costs could mean less supply in the future. Higher price required by Saudi on its customers in Asia, the U. s. States and northern western Europe was another valuable growth. Last 7 days, WTI oil price in the globally market segments decreased by 0.3 % and closed at
  • 6.
    $49.61/bbl. On theMCX, raw costs improved by 3.43 % and closed at Rs.3138/bbl. ✍ OIL RIGS IN THE US LOWEST SINCE 2011 The number of rigs drilling for oil in the United States fell by 64 this week to 922, the smallest number of rigs in operation since April 2011, Baker Hughes said in its weekly survey. It was a sign U.S. shale oil producers, who had flooded the market with crude supplies, had again stepped up on winding down output after last week's rig drop of 33, which was the least since the start of 2015. (Reuters) On the MCX, oil prices are expected to trade sideways taking cues from international markets ✍ BASE METAL Base materials on the LME except Dime and Lead exchanged lower a couple weeks ago as strong jobs information launched from the US raised amount increase objectives. While on the other hand, amount cut by Chinese suppliers to boost development in the flagging economic system will be helpful. In the Indian markets, base materials higher in line with international styles. Copper down by 2.8 % a couple weeks ago as China's Leading Li Keqiang saying that the world's second-largest economic system would target development this year of around 7 %, signaling the smallest development for a quarter of a century.Also, strength in the DX after effective employment information from the US applied disadvantage pressure on costs. MCX copper price dropped by 0.9 % and closed at Rs.366/kg on Saturday but Rupee devaluation limited sharp fall. We expect Copper prices to trade lower as the US jobless rate fell to a more than six-and-a-half-year low, which could encourage the Federal Reserve to consider raising interest rates in June. Also, top officials in China highlighted the growth and debt challenges the country faces in 2015. On the MCX, copper prices are expected to trade sideways owing to Rupee depreciation.
  • 7.
    LME Inventory NCDEX -WEEKLY NEWS LETTERS ✍ JEERA Jeera futures closed higher by 1.34 % in last dealing period on excellent purchasing assistance by the industry members after fall in two past dealing classes. Further increase in cost is assigned due to provide stress in identify industry from the new year plants. There are reviews of plants harm of the new year plants due to unseasonal down pours in Gujarat and Rajasthan. Export purchases are redirected to Indian due to Geo-political stress in Syria and Poultry. .Jeera (cumin) exports have been 87,500 loads in the first six months (Apr-Sep) of 2014-15, a increase of 25% from the corresponding period of the past (Source: Spices or herbs Board) According to Gujarat govt information launched on Nineteenth Jan 15, Jeera documented 2.64 lakh hac, 42% less planting in comparison to last year’s 4.54 lakh hac. The provides of Jeera predicted to development of the next 30 days due to appearance of new year plants. Jeera futures dealing may business on combined to beneficial observe, as there is excellent requirement from exporters as well as suppliers and suppliers at industry costs on expectation of smaller routes in coming 30 days on expectation of lower manufacturing. However, appearance stress may cap the cost increase. Metal Change from previous day Aluminium 4350 Copper 3000 Lead 175 Nickel -96 Tin -20 Zinc -3325
  • 8.
    ✍ CHANA NCDEX ChanaApr. futures trading closed higher on Friday by 0.16% on buying support at affordable price . Low household requirement assigned further increase in cost. Latest unseasonal down pours in increasing places might have affected the manufacturing and increasing of plants. As per the Government information, Chana has planted over 85.91 lakh hectares, which is 16 % less as on Feb 13, 2015 as in comparison to last year’s 102.25 lakh hac. Whereas, place protection under complete Impulses is at 145.92 lakh hectares while the last year’s planting place protection was 162.21 lakh hectares Chana futures expected to trade mixed note in the coming days due to low supplies as new crop likely to hit the local markets. Overall sentiments look positive for Chana amid expected lower output and duty-free imports allowed till Mar 2015 ✍ SOYABEAN NCDEX Soy bean Apr futures trading closed 0.59% decline on Friday on reduced household requirement amongst no trade requirement for the oil food and oil.India's oil food exports is expected to drop about 40 % in 2014/15 due to reduced requirement for soymeal as key customers like Iran and Asia change to less expensive provides from South America. In Jan 2015, Soymeal exports dropped by more than 71 % to 104,426 loads against 364,443 loads in the same 30 days a year ago. U.S. soy beans dropped more than 1 percent in a technological sell-off stimulated by a dissipating truck drivers attack in South america. International soybean manufacturing was brought up 700,000 plenty to a history 315.1 thousand. Leads for the Argentina soybean plants have enhanced with adequate wetness and light temperature ranges, and the plants is estimated at a history 56 thousand plenty. Soybean exports for 2014-15 are estimated at 1.790 billion dollars bushels, up 20 thousand bushels. Soy bean finishing shares are estimated at 385 thousand bushels, down 25 thousand from last 30 days. Soybean futures trading may trade on a combined note on gradual requirement for oil and oil food exports but good buying support at affordable costs might maintain the costs.
  • 9.
    ✍ REFINED SOYAOIL Ref soy oil Apr futures trading closed 0.02% higher on Saturday.There is reduced demand and adequate supply in the spot marketplaces. Soybean oil Transfer has shown 131% growth in Jan 15 as in comparison to Dec 14. In the month of Jan 15, there is an improve of 28 % import of Raw soy bean oil to 224,430 loads as in comparison to last year’s 174,236 loads.It is mainly due to high costs of soy bean and smaller understanding for oil and soy bean meal in trade market, led to reduced smashing and accessibility to household oil along with expected improve in import responsibility by the GOI. soy bean oil in Indian is likely to be at around 3.45 thousand plenty against 3.30 thousand plenty last year. The traditions responsibility on oil has been improved to 7.5 % from 2.5 % earlier, while the responsibility on refined delicious oil has been brought up to 15 % from 10 %, as per the notice from the Central Board of Excise and Customs. ✍ RM SEED Mustard seeds futures trading closed 0.29 % reduced last trading period on technological promoting at higher costs as new plants is going to hit the marketplaces in 2-3 weeks times. There is an anticipations of fall in manufacturing for new year plants. Reviews on important plants failures due to latest unseasonal down pours in Northern Indian might have assigned the further fall. Indian rapeseed manufacturing is estimated at 6.9 thousand plenty, down 6.5 lakh plenty on reduced area. The property in the nation so far is down by about 3.2% at about 63.8 lakh hectares (lh). India’s village ministry has suggested to cut the 30 % transfer responsibility on oilseeds in the Price range to help local refiners make use of unutilized potential. Global rapeseed manufacturing is estimated at a history 71.94 thousand plenty, up 1.2 thousand mainly on improved manufacturing for Northern america (15.6 thousand tons). Reviews of Bug attack in European countries may lead to fall in outcome to a three-year low of 20.5 thousand measurement plenty in 2015, down from a history 24 thousand last year.
  • 10.
    LEGAL DISCLAIMER This Documenthas been prepared by Ways2Capital (A Division of High Brow Market Research Investment Advisory Pvt Ltd). The information, analysis and estimates contained herein are based on Ways2Capital Equity/Commodities Research assessment and have been obtained from sources believed to be reliable. This document is meant for the use of the intended recipient only. This document, at best, represents Ways2Capital Equity/Commodities Research opinion and is meant for general information only. Ways2Capital Equity/Commodities Research, its directors, officers or employees shall not in any way to be responsible for the contents stated herein. Ways2Capital Equity/Commodities Research expressly disclaims any and all liabilities that may arise from information, errors or omissions in this connection. This document is not to be considered as an offer to sell or a solicitation to buy any securities or commodities. All information, levels & recommendations provided above are given on the basis of technical & fundamental research done by the panel of expert of Ways2Capital but we do not accept any liability for errors of opinion. People surfing through the website have right to opt the product services of their own choices. Any investment in commodity market bears risk, company will not be liable for any loss done on these recommendations. These levels do not necessarily indicate future price moment. Company holds the right to alter the information without any further notice. Any browsing through website means acceptance of disclaimer.