SlideShare a Scribd company logo
1 of 7
Download to read offline
DAILYAGRI COMMODITY REPORT
05 Feb 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
YOUR MINTVISORY Call us at +91-731-6642300
Market Views
2
MONTH OPEN HIGH LOW CLOSE % CHG VOL MONTH OPEN HIGH LOW CLOSE % CHG VOL
DHANIYA
APR 7600 7617 7380 7396 -1.74 21250
INTRADAY
LEVELS
SUPPORT SUPP.1
7312
SUPP. 2
7227
PIVOT
7464
Dhaniya short term
trend is down, further
more downside is
expected in comimg
days.
RESISTAN
CE
RES. 1
7549
RES. 2
7701
CASTORSEED
MAR 4186 4198 4030 4053 -3.43 36290
INTRADAY
LEVELS
SUPPORT SUPP. 1
3989
SUPP. 2
3926
PIVOT
4094
Castorseed short term
trend is down, Prices
expected to go down in
coming days.RESISTAN
CE
RES. 1
4157
RES. 2
4262
TURMERIC
APR 8188 8290 8004 8030 -1.74 13940
INTRADAY
LEVELS
SUPPORT SUPP. 1
7926
SUPP. 2
7822
PIVOT
8108
Turmeric short term
trend is down and may
continue in coming
days.RESISTAN
CE
RES. 1
8212
RES. 2
8394
GUARGUM
MAR 10520 10610 10090 10240 -2.29 5952
INTRADAY
LEVELS
SUPPORT SUPP. 1
10017
SUPP. 2
9793
PIVOT
10313
Guargum Short term
trend is Down,
Expecting price may go
Down in coming days.RESISTAN
CE
RES. 1
10537
RES. 2
10833
Most Active Contract
3
TOP GAINERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE
CHANGE
%
REFINED SOY OIL 20-02-2015 630.65 21.55 3.54%
TOP LOSERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE
CHANGE
%
JEERA 20-02-2015 14365.00 -595.00 -3.98%
CASTOR SEED NEW 20-02-2015 3994.00 -143.00 -3.46%
CORIANDER 20-04-2015 7396.00 -131.00 -1.74%
TURMERIC 20-04-2015 8030.00 -142.00 -1.74%
REFINED SOY OIL 20-02-2015 625.95 -7.80 -1.23%
CHANA 20-02-2015 3450.00 -43.00 -1.23%
BARLEY 20-04-2015 1210.00 -9.00 -0.74%
RAPESEED-MUSTARD
SEED
20-04-2015 3314.00 -24.00 -0.72%
COTTON SEED OIL CAKE
AKOLA
20-02-2015 1450.00 -10.00 -0.68%
NCDEX INDICES
Index Value
Pre.
Close
%
Change
CASTORSEED 4053 4197 -3.43
CHANA 3450 3493 -1.23
CORIANDER 7396 7527 -1.74
GUARGUM 10240 10480 -2.29
JEERA 14365 14960 -3.98
MUSTARD SEED 3314 3338 -0.72
SOYABEAN 3449 3437 +0.35
TURMERIC 8030 8172 -1.74
Commodities In News
4
ECONOMIC NEWS
 India's wheat exports are poised to fall this year as an increase in
supplies from Australia, Russia and Europe has pulled down global
prices and made shipments from India non-viable. This could put
pressure on the government as it would be forced to procure more of
the grain at the state-set price as India is expected to have another
bumper harvest. "French milling wheat is now the flavour of the
season," "The price of French wheat climbed down from $245 to $210
free-on-board (fob) with the depreciation of the euro." The weakening
euro and a stronger rupee have both enlarged the spread of disparity.
Even the US soft red winter wheat is quoted cheaper than Indian
variety, at around $232 fob. According to him, French 'feed' wheat is
available still cheaper, at $200 a tonne."This year, commitment for a
new crop for shipments from March till May has been nil. Compared
to it, in the previous year it was 2.5-3 lakh tonne,""The government
will end up buying again 30-32 million tonne of wheat in April-May
2015 unless there is some dramatic reversal in the market or the rupee
depreciates to 65-66 to a dollar, a possibility that appears to be remote.
 The Cotton Corporation of India(CCI)'s market intervention
operations are in full swing with the procurement of Cotton crossing
the target. CCI's cotton procurement target was 60 lakh bales and it
expects to purchase over 75 lakh bales this year.CCI's cotton sale is
also going well as the prices are above market rates. US based
International Cotton Advisory Committee (ICAC) recently said area of
cotton cultivation in India may fall by 5% to 11.6 million hectares.In
2015/16, cotton is likely to be much less attractive to plant due to
falling cotton prices have fallen while prices for competing crops such
as maize and soy have recovered from price downturns last September
and October, Although the Indian government raised its minimum
support price in 2014/15, for many farmers the price was still too low
compared to production costs, and area in India is forecast down 5%
to 11.6 million hectares.
 Sugar is witnessing some demand now as stocksts are buying the
fresh stocks amid festivals around the country. Mill prices have
recovered from their lowest levels in three years. However, supplies are
equally good. The domestic Sugar production is up 27.3% in the first
three months of the 2014-15 season that began in October to hit 74.61
lakh tonnes (lt) as on December 31, according to latest data released by
the Indian Sugar Mills Association. The strong gains in the output have
been primarily attributed to mills in UP beginning cane crushing
operations a week earlier than last season.
 Poor offtake from upcountry traders are affecting Turmeric prices.
Good arrivals were noted in Nizamabad today as well and the prices
tumbled amid thin demand. The traders are expecting this momentum
to continue, keeping prices slightly on a bearish track. Prices have
already soared by around 30% in last three weeks, hitting highs above
Rs 8000 per quintal. The counter is trading at Rs 7541 per quintal mark
in Nizamabad today, almost unchanged on the day.
 Chana down amid profit booking due to weak domestic demand in
spot market. Though, Farmers had cultivated chana on 8.2 million
hectares, compared with 9.87 million hectares a year earlier. India
2014-15 rabi gram sowing until Jan 30 fell by 15% to 8.39 million
hectares as compared to previous year. Pulses sowing fell by 10.2% to
13.86 million hectare as compared to last year due to lower rains and
late harvesting to kharif crops in Madhya Pradesh, Maharashtra and
Andhra Pradesh. Acreage of the crop harvested in 2015 is forecasted
13% lower at 8.19 million hectare as compared to 10.19 million hectare
in previous season.
 Castorseed prices fell by 3.46 per cent on Wednesday at the NCDEX
as a result of fresh supply of the commodity in the major mandies as
well as strong production estimates. It touched the intra-day low of Rs.
4,115 till the trading. Castor oil, extracted from castor seed is the
largest vegetable oil exported out of India.
5
Fundamental Watch :Castorseed
CASTORSEED ARRIVALS AT KEY SPOT
MARKET
National Market Update
 Higher delivery in the month of January hints that planters have fulfilled its
immediate requirements and they are in no hurry to build up stock at this point
of time. Lower buying by planters and likely higher arrivals in the market
would pressurize cash market in the weeks ahead. In declining trend buyers
may opt for restricted buying. FMC, the market regulator's attempt to check
abnormal fluctuation and unexpected huge open interest with 100 percent
margin bore fruits to some extent. The highest delivery was registered in jan-
2015 on the NCDEX. Resultantly, delivery started from29th Dec instead of pre
set date from 11th Jan.It had levied 100 percent margin from December
26th,2014. Because of this action stock increased from205,000 tonne to
430,000 tonne in one month. Open interest too reduced from346,000 tonne to
36,000 tonne during this period. In Jan total delivery was recorded at 203000
tonne Castor Oil (First Grade) FOB Kandla (Export) quote decreased from
$1450 to $1395 per tonne in January. The net decline of $55 per tonne in a
month due to higher stock and increased availability of seed. Around $15 to
$20per tonne more dip is expected. Castor Oil commercial is being traded at
Rs 85,500 per tonne, almost Rs 3000 per tonne higher than the beginning of
January,2015.However, it is 0.49 percent lower than the price realized in Jan
2014. Castor meal ex Kandla is being traded at Rs 7700 per tonne,almost 4.49
percent lower than the price realized in December,2014.However is 21.22
percent higher than the price of Jan,2014.
Some fresh buying interest has been reported at $1390 per tonne for castor
oil at Kandla Port. Buyers are interested to buy at $1380/1390 per tonne.As
seed is under pressure dip in oil price seems to be on card. Castor meal
demand may improve as availability of meal around $125/128 seems possible
in the weeks ahead with higher seed availability for crushing. It is being traded
at $132 per tonne at kandla. Bulk buying is expected in March –April, the peak
arrival season and likely lower price.
CENTER 04-Feb-15 03-Feb-15 Change
SUMERPUR 1200 400 +800
JODHPUR 80 80 UNCH
RAJKOT 450 440 +10
GONDAL 294 470 -176
PATAN 1500 1550 -50
DEESA 582 CLOSED -
MAHESANA 240 NA -
Technical Outlook
6
SELL DHANIYA APR BELOW 7380 TGTS 7350,7300 SL 7430 SELL GUARGUM MAR BELOW 10080 TGTS 10030,9940 SL 10170
SELL CASTORSEED MAR BELOW 4030 TGTS 4000,3950 SL 4080 SELL TMC APR BELOW 7960 TGTS 7910,7810 SL 8050
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 25th may 2015
Epic research  daily agri report 25th may  2015Epic research  daily agri report 25th may  2015
Epic research daily agri report 25th may 2015Epic Research Limited
 
Epic research daily agri report 24 feb 2015
Epic research daily agri report  24 feb 2015Epic research daily agri report  24 feb 2015
Epic research daily agri report 24 feb 2015Epic Research Limited
 
Epic research daily agri report 13th may 2015
Epic research daily agri report 13th may  2015Epic research daily agri report 13th may  2015
Epic research daily agri report 13th may 2015Epic Research Limited
 
Epic research daily agri report 21 jan 2015
Epic research daily agri report  21 jan 2015Epic research daily agri report  21 jan 2015
Epic research daily agri report 21 jan 2015Epic Research Limited
 
Epic research daily agri report 09 jan 2015
Epic research daily agri report  09 jan 2015Epic research daily agri report  09 jan 2015
Epic research daily agri report 09 jan 2015Epic Research Limited
 
Epic research daily agri report 08th june 2015
Epic research  daily agri report 08th june  2015Epic research  daily agri report 08th june  2015
Epic research daily agri report 08th june 2015Epic Research Limited
 
Epic research daily agri report 03 feb 2015
Epic research daily agri report  03 feb 2015Epic research daily agri report  03 feb 2015
Epic research daily agri report 03 feb 2015Epic Research Limited
 
Epic research daily agri report 20 jan 2015
Epic research daily agri report  20 jan 2015Epic research daily agri report  20 jan 2015
Epic research daily agri report 20 jan 2015Epic Research Limited
 
Daily agri report by epic research 08 sep 2014
Daily agri report by epic research 08 sep  2014Daily agri report by epic research 08 sep  2014
Daily agri report by epic research 08 sep 2014Epic Research Limited
 
Epic research daily agri report 01 jan 2015
Epic research daily agri report  01 jan 2015Epic research daily agri report  01 jan 2015
Epic research daily agri report 01 jan 2015Epic Research Limited
 
Epic research daily agri report 23 march 2015
Epic research daily agri report  23 march 2015Epic research daily agri report  23 march 2015
Epic research daily agri report 23 march 2015Epic Research Limited
 
Epic research daily agri report 29th may 2015
Epic research  daily agri report 29th may  2015Epic research  daily agri report 29th may  2015
Epic research daily agri report 29th may 2015Epic Research Limited
 
Epic research daily agri report 03nd june 2015
Epic research  daily agri report 03nd june  2015Epic research  daily agri report 03nd june  2015
Epic research daily agri report 03nd june 2015Epic Research Limited
 
Epic research daily agri report 13 jan 2015
Epic research daily agri report  13 jan 2015Epic research daily agri report  13 jan 2015
Epic research daily agri report 13 jan 2015Epic Research Limited
 
Epic research daily agri report 30th june 2015
Epic research  daily agri report 30th june  2015Epic research  daily agri report 30th june  2015
Epic research daily agri report 30th june 2015Epic Research Limited
 
Epic research daily agri report 02 feb 2015
Epic research daily agri  report  02 feb 2015Epic research daily agri  report  02 feb 2015
Epic research daily agri report 02 feb 2015Epic Research Limited
 
Weekly agri report by epic research 8 sep to 12 sep 2014
Weekly agri report by epic research 8 sep  to 12 sep 2014Weekly agri report by epic research 8 sep  to 12 sep 2014
Weekly agri report by epic research 8 sep to 12 sep 2014Epic Research Limited
 
Epic research daily agri report 21th may 2015
Epic research daily agri report 21th may  2015Epic research daily agri report 21th may  2015
Epic research daily agri report 21th may 2015Epic Research Limited
 
Epic research daily agri report 09 april 2015
Epic research daily agri report  09 april 2015Epic research daily agri report  09 april 2015
Epic research daily agri report 09 april 2015Epic Research Limited
 
Epic research daily agri report 19 jan 2015
Epic research daily agri report  19 jan 2015Epic research daily agri report  19 jan 2015
Epic research daily agri report 19 jan 2015Epic Research Limited
 

What's hot (20)

Epic research daily agri report 25th may 2015
Epic research  daily agri report 25th may  2015Epic research  daily agri report 25th may  2015
Epic research daily agri report 25th may 2015
 
Epic research daily agri report 24 feb 2015
Epic research daily agri report  24 feb 2015Epic research daily agri report  24 feb 2015
Epic research daily agri report 24 feb 2015
 
Epic research daily agri report 13th may 2015
Epic research daily agri report 13th may  2015Epic research daily agri report 13th may  2015
Epic research daily agri report 13th may 2015
 
Epic research daily agri report 21 jan 2015
Epic research daily agri report  21 jan 2015Epic research daily agri report  21 jan 2015
Epic research daily agri report 21 jan 2015
 
Epic research daily agri report 09 jan 2015
Epic research daily agri report  09 jan 2015Epic research daily agri report  09 jan 2015
Epic research daily agri report 09 jan 2015
 
Epic research daily agri report 08th june 2015
Epic research  daily agri report 08th june  2015Epic research  daily agri report 08th june  2015
Epic research daily agri report 08th june 2015
 
Epic research daily agri report 03 feb 2015
Epic research daily agri report  03 feb 2015Epic research daily agri report  03 feb 2015
Epic research daily agri report 03 feb 2015
 
Epic research daily agri report 20 jan 2015
Epic research daily agri report  20 jan 2015Epic research daily agri report  20 jan 2015
Epic research daily agri report 20 jan 2015
 
Daily agri report by epic research 08 sep 2014
Daily agri report by epic research 08 sep  2014Daily agri report by epic research 08 sep  2014
Daily agri report by epic research 08 sep 2014
 
Epic research daily agri report 01 jan 2015
Epic research daily agri report  01 jan 2015Epic research daily agri report  01 jan 2015
Epic research daily agri report 01 jan 2015
 
Epic research daily agri report 23 march 2015
Epic research daily agri report  23 march 2015Epic research daily agri report  23 march 2015
Epic research daily agri report 23 march 2015
 
Epic research daily agri report 29th may 2015
Epic research  daily agri report 29th may  2015Epic research  daily agri report 29th may  2015
Epic research daily agri report 29th may 2015
 
Epic research daily agri report 03nd june 2015
Epic research  daily agri report 03nd june  2015Epic research  daily agri report 03nd june  2015
Epic research daily agri report 03nd june 2015
 
Epic research daily agri report 13 jan 2015
Epic research daily agri report  13 jan 2015Epic research daily agri report  13 jan 2015
Epic research daily agri report 13 jan 2015
 
Epic research daily agri report 30th june 2015
Epic research  daily agri report 30th june  2015Epic research  daily agri report 30th june  2015
Epic research daily agri report 30th june 2015
 
Epic research daily agri report 02 feb 2015
Epic research daily agri  report  02 feb 2015Epic research daily agri  report  02 feb 2015
Epic research daily agri report 02 feb 2015
 
Weekly agri report by epic research 8 sep to 12 sep 2014
Weekly agri report by epic research 8 sep  to 12 sep 2014Weekly agri report by epic research 8 sep  to 12 sep 2014
Weekly agri report by epic research 8 sep to 12 sep 2014
 
Epic research daily agri report 21th may 2015
Epic research daily agri report 21th may  2015Epic research daily agri report 21th may  2015
Epic research daily agri report 21th may 2015
 
Epic research daily agri report 09 april 2015
Epic research daily agri report  09 april 2015Epic research daily agri report  09 april 2015
Epic research daily agri report 09 april 2015
 
Epic research daily agri report 19 jan 2015
Epic research daily agri report  19 jan 2015Epic research daily agri report  19 jan 2015
Epic research daily agri report 19 jan 2015
 

Viewers also liked

Making The News – One Small Microservice at a Time
Making The News – One Small Microservice at a TimeMaking The News – One Small Microservice at a Time
Making The News – One Small Microservice at a TimeTobias Järlund
 
Las mujeres en Sociales
Las mujeres en SocialesLas mujeres en Sociales
Las mujeres en SocialesÁngel Silva
 
Paradoksi i Turqise (Detyre Kursi)
Paradoksi i Turqise (Detyre Kursi)Paradoksi i Turqise (Detyre Kursi)
Paradoksi i Turqise (Detyre Kursi)KetiGjipali
 
Segnalazione al governo 04 02-2015
Segnalazione al governo 04 02-2015Segnalazione al governo 04 02-2015
Segnalazione al governo 04 02-2015Fabio Bolo
 
Epic research daily agri report 06 feb 2015
Epic research daily agri report  06 feb 2015Epic research daily agri report  06 feb 2015
Epic research daily agri report 06 feb 2015Epic Research Limited
 
Mυκηναικός πολιτισμός
Mυκηναικός πολιτισμόςMυκηναικός πολιτισμός
Mυκηναικός πολιτισμόςELENI EFSTATHIADOU
 
презентация игоря караваева на клубе друзей ят (декабрь 2014)
презентация игоря караваева на клубе друзей ят (декабрь 2014)презентация игоря караваева на клубе друзей ят (декабрь 2014)
презентация игоря караваева на клубе друзей ят (декабрь 2014)The Skolkovo Foundation
 
Human Resources Scorecard
Human Resources ScorecardHuman Resources Scorecard
Human Resources ScorecardIwan Nawi
 
повар латынин
повар латынинповар латынин
повар латынинmv1386
 

Viewers also liked (16)

Making The News – One Small Microservice at a Time
Making The News – One Small Microservice at a TimeMaking The News – One Small Microservice at a Time
Making The News – One Small Microservice at a Time
 
Las mujeres en Sociales
Las mujeres en SocialesLas mujeres en Sociales
Las mujeres en Sociales
 
Paradoksi i Turqise (Detyre Kursi)
Paradoksi i Turqise (Detyre Kursi)Paradoksi i Turqise (Detyre Kursi)
Paradoksi i Turqise (Detyre Kursi)
 
Segnalazione al governo 04 02-2015
Segnalazione al governo 04 02-2015Segnalazione al governo 04 02-2015
Segnalazione al governo 04 02-2015
 
20150114-孤身不孤獨 5
20150114-孤身不孤獨 520150114-孤身不孤獨 5
20150114-孤身不孤獨 5
 
к беседе с родителями №2
к беседе с родителями №2к беседе с родителями №2
к беседе с родителями №2
 
Epic research daily agri report 06 feb 2015
Epic research daily agri report  06 feb 2015Epic research daily agri report  06 feb 2015
Epic research daily agri report 06 feb 2015
 
Mυκηναικός πολιτισμός
Mυκηναικός πολιτισμόςMυκηναικός πολιτισμός
Mυκηναικός πολιτισμός
 
Fisika Modern
Fisika ModernFisika Modern
Fisika Modern
 
фык беседе с родителями №1
фык беседе с родителями №1фык беседе с родителями №1
фык беседе с родителями №1
 
презентация игоря караваева на клубе друзей ят (декабрь 2014)
презентация игоря караваева на клубе друзей ят (декабрь 2014)презентация игоря караваева на клубе друзей ят (декабрь 2014)
презентация игоря караваева на клубе друзей ят (декабрь 2014)
 
Human Resources Scorecard
Human Resources ScorecardHuman Resources Scorecard
Human Resources Scorecard
 
к беседе с родителями №3
к беседе с родителями №3к беседе с родителями №3
к беседе с родителями №3
 
повар латынин
повар латынинповар латынин
повар латынин
 
Curriculam
CurriculamCurriculam
Curriculam
 
Cinematografico
CinematograficoCinematografico
Cinematografico
 

Similar to Epic research daily agri report 05 feb 2015

Weekly agri report by epic research 15 sep 2014
Weekly agri report by epic research 15 sep  2014Weekly agri report by epic research 15 sep  2014
Weekly agri report by epic research 15 sep 2014Epic Research Limited
 
Epic research daily agri report 13 feb 2015
Epic research daily agri report  13 feb 2015Epic research daily agri report  13 feb 2015
Epic research daily agri report 13 feb 2015Epic Research Limited
 
Epic research daily agri report 14 jan 2015
Epic research daily agri  report  14 jan 2015 Epic research daily agri  report  14 jan 2015
Epic research daily agri report 14 jan 2015 Epic Research Limited
 
Epic research daily agri report 20 feb 2015
Epic research daily agri report  20 feb 2015Epic research daily agri report  20 feb 2015
Epic research daily agri report 20 feb 2015Epic Research Limited
 
Epic research daily agri report 23 april 2015
Epic research daily agri report  23 april 2015Epic research daily agri report  23 april 2015
Epic research daily agri report 23 april 2015Epic Research Limited
 
Daily agri report by epic research 02 sep 2014
Daily agri report by epic research 02 sep  2014Daily agri report by epic research 02 sep  2014
Daily agri report by epic research 02 sep 2014Epic Research Limited
 
Epic research daily agri report 05 jan 2015
Epic research daily agri report  05 jan 2015Epic research daily agri report  05 jan 2015
Epic research daily agri report 05 jan 2015Epic Research Limited
 
Epic research daily agri report 19 jan 2015
Epic research daily agri report  19 jan 2015Epic research daily agri report  19 jan 2015
Epic research daily agri report 19 jan 2015Epic Research Limited
 
Epic research daily agri report 02 jan 2015
Epic research daily agri report  02 jan 2015Epic research daily agri report  02 jan 2015
Epic research daily agri report 02 jan 2015Epic Research Limited
 
Epic research daily agri report 03 nov 2015
Epic research daily agri report 03 nov 2015Epic research daily agri report 03 nov 2015
Epic research daily agri report 03 nov 2015Epic Research Limited
 
Epic research daily agri report 13 april 2015
Epic research daily agri report  13 april 2015Epic research daily agri report  13 april 2015
Epic research daily agri report 13 april 2015Epic Research Limited
 
Epic research daily agri report 10 feb 2015
Epic research daily agri report  10 feb 2015Epic research daily agri report  10 feb 2015
Epic research daily agri report 10 feb 2015Epic Research Limited
 
Daily agri report by epic research 05 sep 2014
Daily agri report by epic research 05 sep  2014Daily agri report by epic research 05 sep  2014
Daily agri report by epic research 05 sep 2014Epic Research Limited
 
Epic research daily agri report 28 july 2015
Epic research  daily agri report 28 july  2015Epic research  daily agri report 28 july  2015
Epic research daily agri report 28 july 2015Epic Research Limited
 
Epic research daily agri report 29 oct 2015
Epic research daily agri report 29 oct 2015Epic research daily agri report 29 oct 2015
Epic research daily agri report 29 oct 2015Epic Research Limited
 
Epic research daily agri report 19 nov 2015
Epic research daily agri report 19 nov 2015Epic research daily agri report 19 nov 2015
Epic research daily agri report 19 nov 2015Epic Research Limited
 
Epic research weekly agri report 12 to 16 jan 2015
Epic research weekly agri report  12 to 16 jan 2015Epic research weekly agri report  12 to 16 jan 2015
Epic research weekly agri report 12 to 16 jan 2015Epic Research Limited
 
Epic research daily agri report 19 march 2015
Epic research daily agri report  19 march 2015Epic research daily agri report  19 march 2015
Epic research daily agri report 19 march 2015Epic Research Limited
 
Epic research daily agri report 14th march 2016
Epic research daily agri report 14th march 2016Epic research daily agri report 14th march 2016
Epic research daily agri report 14th march 2016Epic Research Limited
 

Similar to Epic research daily agri report 05 feb 2015 (19)

Weekly agri report by epic research 15 sep 2014
Weekly agri report by epic research 15 sep  2014Weekly agri report by epic research 15 sep  2014
Weekly agri report by epic research 15 sep 2014
 
Epic research daily agri report 13 feb 2015
Epic research daily agri report  13 feb 2015Epic research daily agri report  13 feb 2015
Epic research daily agri report 13 feb 2015
 
Epic research daily agri report 14 jan 2015
Epic research daily agri  report  14 jan 2015 Epic research daily agri  report  14 jan 2015
Epic research daily agri report 14 jan 2015
 
Epic research daily agri report 20 feb 2015
Epic research daily agri report  20 feb 2015Epic research daily agri report  20 feb 2015
Epic research daily agri report 20 feb 2015
 
Epic research daily agri report 23 april 2015
Epic research daily agri report  23 april 2015Epic research daily agri report  23 april 2015
Epic research daily agri report 23 april 2015
 
Daily agri report by epic research 02 sep 2014
Daily agri report by epic research 02 sep  2014Daily agri report by epic research 02 sep  2014
Daily agri report by epic research 02 sep 2014
 
Epic research daily agri report 05 jan 2015
Epic research daily agri report  05 jan 2015Epic research daily agri report  05 jan 2015
Epic research daily agri report 05 jan 2015
 
Epic research daily agri report 19 jan 2015
Epic research daily agri report  19 jan 2015Epic research daily agri report  19 jan 2015
Epic research daily agri report 19 jan 2015
 
Epic research daily agri report 02 jan 2015
Epic research daily agri report  02 jan 2015Epic research daily agri report  02 jan 2015
Epic research daily agri report 02 jan 2015
 
Epic research daily agri report 03 nov 2015
Epic research daily agri report 03 nov 2015Epic research daily agri report 03 nov 2015
Epic research daily agri report 03 nov 2015
 
Epic research daily agri report 13 april 2015
Epic research daily agri report  13 april 2015Epic research daily agri report  13 april 2015
Epic research daily agri report 13 april 2015
 
Epic research daily agri report 10 feb 2015
Epic research daily agri report  10 feb 2015Epic research daily agri report  10 feb 2015
Epic research daily agri report 10 feb 2015
 
Daily agri report by epic research 05 sep 2014
Daily agri report by epic research 05 sep  2014Daily agri report by epic research 05 sep  2014
Daily agri report by epic research 05 sep 2014
 
Epic research daily agri report 28 july 2015
Epic research  daily agri report 28 july  2015Epic research  daily agri report 28 july  2015
Epic research daily agri report 28 july 2015
 
Epic research daily agri report 29 oct 2015
Epic research daily agri report 29 oct 2015Epic research daily agri report 29 oct 2015
Epic research daily agri report 29 oct 2015
 
Epic research daily agri report 19 nov 2015
Epic research daily agri report 19 nov 2015Epic research daily agri report 19 nov 2015
Epic research daily agri report 19 nov 2015
 
Epic research weekly agri report 12 to 16 jan 2015
Epic research weekly agri report  12 to 16 jan 2015Epic research weekly agri report  12 to 16 jan 2015
Epic research weekly agri report 12 to 16 jan 2015
 
Epic research daily agri report 19 march 2015
Epic research daily agri report  19 march 2015Epic research daily agri report  19 march 2015
Epic research daily agri report 19 march 2015
 
Epic research daily agri report 14th march 2016
Epic research daily agri report 14th march 2016Epic research daily agri report 14th march 2016
Epic research daily agri report 14th march 2016
 

Recently uploaded

Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝soniya singh
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Tina Ji
 
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
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024christinemoorman
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechNewman George Leech
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...lizamodels9
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Neil Kimberley
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Roomdivyansh0kumar0
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear RegressionRavindra Nath Shukla
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Non Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptxNon Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptxAbhayThakur200703
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 

Recently uploaded (20)

Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
 
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...
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman Leech
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear Regression
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
 
KestrelPro Flyer Japan IT Week 2024 (English)
KestrelPro Flyer Japan IT Week 2024 (English)KestrelPro Flyer Japan IT Week 2024 (English)
KestrelPro Flyer Japan IT Week 2024 (English)
 
Best Practices for Implementing an External Recruiting Partnership
Best Practices for Implementing an External Recruiting PartnershipBest Practices for Implementing an External Recruiting Partnership
Best Practices for Implementing an External Recruiting Partnership
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Non Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptxNon Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptx
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 

Epic research daily agri report 05 feb 2015

  • 1. DAILYAGRI COMMODITY REPORT 05 Feb 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 YOUR MINTVISORY Call us at +91-731-6642300
  • 2. Market Views 2 MONTH OPEN HIGH LOW CLOSE % CHG VOL MONTH OPEN HIGH LOW CLOSE % CHG VOL DHANIYA APR 7600 7617 7380 7396 -1.74 21250 INTRADAY LEVELS SUPPORT SUPP.1 7312 SUPP. 2 7227 PIVOT 7464 Dhaniya short term trend is down, further more downside is expected in comimg days. RESISTAN CE RES. 1 7549 RES. 2 7701 CASTORSEED MAR 4186 4198 4030 4053 -3.43 36290 INTRADAY LEVELS SUPPORT SUPP. 1 3989 SUPP. 2 3926 PIVOT 4094 Castorseed short term trend is down, Prices expected to go down in coming days.RESISTAN CE RES. 1 4157 RES. 2 4262 TURMERIC APR 8188 8290 8004 8030 -1.74 13940 INTRADAY LEVELS SUPPORT SUPP. 1 7926 SUPP. 2 7822 PIVOT 8108 Turmeric short term trend is down and may continue in coming days.RESISTAN CE RES. 1 8212 RES. 2 8394 GUARGUM MAR 10520 10610 10090 10240 -2.29 5952 INTRADAY LEVELS SUPPORT SUPP. 1 10017 SUPP. 2 9793 PIVOT 10313 Guargum Short term trend is Down, Expecting price may go Down in coming days.RESISTAN CE RES. 1 10537 RES. 2 10833
  • 3. Most Active Contract 3 TOP GAINERS SYMBOL EXPIRY DATE CURRENT PRICE CHANGE CHANGE % REFINED SOY OIL 20-02-2015 630.65 21.55 3.54% TOP LOSERS SYMBOL EXPIRY DATE CURRENT PRICE CHANGE CHANGE % JEERA 20-02-2015 14365.00 -595.00 -3.98% CASTOR SEED NEW 20-02-2015 3994.00 -143.00 -3.46% CORIANDER 20-04-2015 7396.00 -131.00 -1.74% TURMERIC 20-04-2015 8030.00 -142.00 -1.74% REFINED SOY OIL 20-02-2015 625.95 -7.80 -1.23% CHANA 20-02-2015 3450.00 -43.00 -1.23% BARLEY 20-04-2015 1210.00 -9.00 -0.74% RAPESEED-MUSTARD SEED 20-04-2015 3314.00 -24.00 -0.72% COTTON SEED OIL CAKE AKOLA 20-02-2015 1450.00 -10.00 -0.68% NCDEX INDICES Index Value Pre. Close % Change CASTORSEED 4053 4197 -3.43 CHANA 3450 3493 -1.23 CORIANDER 7396 7527 -1.74 GUARGUM 10240 10480 -2.29 JEERA 14365 14960 -3.98 MUSTARD SEED 3314 3338 -0.72 SOYABEAN 3449 3437 +0.35 TURMERIC 8030 8172 -1.74
  • 4. Commodities In News 4 ECONOMIC NEWS  India's wheat exports are poised to fall this year as an increase in supplies from Australia, Russia and Europe has pulled down global prices and made shipments from India non-viable. This could put pressure on the government as it would be forced to procure more of the grain at the state-set price as India is expected to have another bumper harvest. "French milling wheat is now the flavour of the season," "The price of French wheat climbed down from $245 to $210 free-on-board (fob) with the depreciation of the euro." The weakening euro and a stronger rupee have both enlarged the spread of disparity. Even the US soft red winter wheat is quoted cheaper than Indian variety, at around $232 fob. According to him, French 'feed' wheat is available still cheaper, at $200 a tonne."This year, commitment for a new crop for shipments from March till May has been nil. Compared to it, in the previous year it was 2.5-3 lakh tonne,""The government will end up buying again 30-32 million tonne of wheat in April-May 2015 unless there is some dramatic reversal in the market or the rupee depreciates to 65-66 to a dollar, a possibility that appears to be remote.  The Cotton Corporation of India(CCI)'s market intervention operations are in full swing with the procurement of Cotton crossing the target. CCI's cotton procurement target was 60 lakh bales and it expects to purchase over 75 lakh bales this year.CCI's cotton sale is also going well as the prices are above market rates. US based International Cotton Advisory Committee (ICAC) recently said area of cotton cultivation in India may fall by 5% to 11.6 million hectares.In 2015/16, cotton is likely to be much less attractive to plant due to falling cotton prices have fallen while prices for competing crops such as maize and soy have recovered from price downturns last September and October, Although the Indian government raised its minimum support price in 2014/15, for many farmers the price was still too low compared to production costs, and area in India is forecast down 5% to 11.6 million hectares.  Sugar is witnessing some demand now as stocksts are buying the fresh stocks amid festivals around the country. Mill prices have recovered from their lowest levels in three years. However, supplies are equally good. The domestic Sugar production is up 27.3% in the first three months of the 2014-15 season that began in October to hit 74.61 lakh tonnes (lt) as on December 31, according to latest data released by the Indian Sugar Mills Association. The strong gains in the output have been primarily attributed to mills in UP beginning cane crushing operations a week earlier than last season.  Poor offtake from upcountry traders are affecting Turmeric prices. Good arrivals were noted in Nizamabad today as well and the prices tumbled amid thin demand. The traders are expecting this momentum to continue, keeping prices slightly on a bearish track. Prices have already soared by around 30% in last three weeks, hitting highs above Rs 8000 per quintal. The counter is trading at Rs 7541 per quintal mark in Nizamabad today, almost unchanged on the day.  Chana down amid profit booking due to weak domestic demand in spot market. Though, Farmers had cultivated chana on 8.2 million hectares, compared with 9.87 million hectares a year earlier. India 2014-15 rabi gram sowing until Jan 30 fell by 15% to 8.39 million hectares as compared to previous year. Pulses sowing fell by 10.2% to 13.86 million hectare as compared to last year due to lower rains and late harvesting to kharif crops in Madhya Pradesh, Maharashtra and Andhra Pradesh. Acreage of the crop harvested in 2015 is forecasted 13% lower at 8.19 million hectare as compared to 10.19 million hectare in previous season.  Castorseed prices fell by 3.46 per cent on Wednesday at the NCDEX as a result of fresh supply of the commodity in the major mandies as well as strong production estimates. It touched the intra-day low of Rs. 4,115 till the trading. Castor oil, extracted from castor seed is the largest vegetable oil exported out of India.
  • 5. 5 Fundamental Watch :Castorseed CASTORSEED ARRIVALS AT KEY SPOT MARKET National Market Update  Higher delivery in the month of January hints that planters have fulfilled its immediate requirements and they are in no hurry to build up stock at this point of time. Lower buying by planters and likely higher arrivals in the market would pressurize cash market in the weeks ahead. In declining trend buyers may opt for restricted buying. FMC, the market regulator's attempt to check abnormal fluctuation and unexpected huge open interest with 100 percent margin bore fruits to some extent. The highest delivery was registered in jan- 2015 on the NCDEX. Resultantly, delivery started from29th Dec instead of pre set date from 11th Jan.It had levied 100 percent margin from December 26th,2014. Because of this action stock increased from205,000 tonne to 430,000 tonne in one month. Open interest too reduced from346,000 tonne to 36,000 tonne during this period. In Jan total delivery was recorded at 203000 tonne Castor Oil (First Grade) FOB Kandla (Export) quote decreased from $1450 to $1395 per tonne in January. The net decline of $55 per tonne in a month due to higher stock and increased availability of seed. Around $15 to $20per tonne more dip is expected. Castor Oil commercial is being traded at Rs 85,500 per tonne, almost Rs 3000 per tonne higher than the beginning of January,2015.However, it is 0.49 percent lower than the price realized in Jan 2014. Castor meal ex Kandla is being traded at Rs 7700 per tonne,almost 4.49 percent lower than the price realized in December,2014.However is 21.22 percent higher than the price of Jan,2014. Some fresh buying interest has been reported at $1390 per tonne for castor oil at Kandla Port. Buyers are interested to buy at $1380/1390 per tonne.As seed is under pressure dip in oil price seems to be on card. Castor meal demand may improve as availability of meal around $125/128 seems possible in the weeks ahead with higher seed availability for crushing. It is being traded at $132 per tonne at kandla. Bulk buying is expected in March –April, the peak arrival season and likely lower price. CENTER 04-Feb-15 03-Feb-15 Change SUMERPUR 1200 400 +800 JODHPUR 80 80 UNCH RAJKOT 450 440 +10 GONDAL 294 470 -176 PATAN 1500 1550 -50 DEESA 582 CLOSED - MAHESANA 240 NA -
  • 6. Technical Outlook 6 SELL DHANIYA APR BELOW 7380 TGTS 7350,7300 SL 7430 SELL GUARGUM MAR BELOW 10080 TGTS 10030,9940 SL 10170 SELL CASTORSEED MAR BELOW 4030 TGTS 4000,3950 SL 4080 SELL TMC APR BELOW 7960 TGTS 7910,7810 SL 8050
  • 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.