SlideShare a Scribd company logo
DAILY AGRI COMMODITY REPORT
11 August 2015
HNI & NRI Sales Contact Australia
Mintara Road, Tarneit, Victoria. Post Code 3029
Phone.: +61 422 063855
HNI & NRI Sales Contact USA
2117 Arbor Vista Dr. Charlotte (NC)
Cell: +1 704 249 2315
Toll Free Number
1-800-200-9454
All queries should be directed to
Info@epicresearch.co
1
Epic Research India
411 Milinda Manor (Suites 409- 417)
2 RNT Marg. Opp Central Mall
Indore (M.P.)
Hotline: +91 731 664 2300
Alternate: +91 731 664 2320
Or give us a missed call at
026 5309 0639
Our Presence
YOURMINTVISORY Call us at +91-731-6642300
Market Views
2
MONTH OPEN HIGH LOW CLOSE % CHG VOL MONTH OPEN HIGH LOW CLOSE % CHG VOL
TURMERIC
SEP 7524 7596 7352 7398 -1.67 7398
INTRADAY
LEVELS
SUPPORT SUPP. 1
7301
SUPP. 2
7205
PIVOT
7749
Turmeric short term
trend is bearish and
May continue in
coming days.RESISTAN
CE
RES. 1
7545
RES. 2
7693
CORIANDER
SEP 10989 10989 10460 10500 -1.52 18860
INTRADAY
LEVELS
SUPPORT SUPP.1
10310
SUPP. 2
10121
PIVOT
10650
Coriander short term
trend is bearish and May
continue in coming
days.RESISTAN
CE
RES. 1
10839
RES. 2
11179
GUARGUM
OCT 8100 8220 7860 7870 -3.67 11783
INTRADAY
LEVELS
SUPPORT SUPP. 1
7747
SUPP. 2
7623
PIVOT
7983
Guargum short term
trend is bullish and
May continue in
coming days.RESISTAN
CE
RES. 1
8107
RES. 2
8343
CASTORSEED
SEP 4036 4041 3960 4014 -0.77 95650
INTRADAY
LEVELS
SUPPORT SUPP. 1
3969
SUPP. 2
3924
PIVOT
4005
Castorseed short term
trend is bullish and
May continue in
coming day.RESISTAN
CE
RES. 1
4050
RES. 2
4086
Most Active Contract
3
NCDEX INDICES
Index Value
Pre.
Close
%
Change
CASTORSEED 3936 3968 -0.81
CHANA 4434 4357 +1.77
CORIANDER 10350 10495 -1.38
GUARGUM 7870 8170 -3.67
JEERA 14700 14675 +0.17
MUSTARD
SEED
4061 4062 -0.02
SOYABEAN 3144 3113 +1.00
TURMERIC 7202 7362 -2.17
TOP LOSERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE
CHANGE
%
CASTOR SEED NEW 20-08-2015 3926.00 -69.00 -1.73%
RAPESEED-MUSTARD
SEED
20-08-2015 4045.00 -53.00 -1.29%
TOP GAINERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE CHANGE %
TURMERIC 20-08-2015 7288.00 212.00 3.00%
CHANA 20-08-2015 4400.00 99.00 2.30%
BARLEY 20-08-2015 1131.50 24.50 2.21%
COTTON SEED OIL CAKE
AKOLA
20-08-2015 1943.00 29.00 1.52%
REFINED SOY OIL 20-08-2015 575.20 8.25 1.46%
JEERA 20-08-2015 14710.00 200.00 1.38%
SOYABEAN 20-08-2015 3130.00 34.00 1.10%
CORIANDER 20-08-2015 10295.00 109.00 1.07%
Commodities In News
4
ECONOMIC NEWS
Paddy sowing has increased by 4.50 per cent to 277.89 lakh hectares so
far in the ongoing kharif season compared with the last year.Paddy sowing
has increased by 4.50 per cent to 277.89 lakh hectares so far in the ongoing
kharif season compared with the last year.Similarly the area under other
kharif crops such as oilseeds, coarse cereals, pulses and cotton has also
increased.Area under pulses has increased to 92.64 lakh hectares from
81.24 lakh hectares, acreage of coarse cereals rises to 158.62 lakh hectares
from 141.43 lakh hectares, as per official data."The total sown area as on
7th August, as per reports received from states, stands at 847.40 lakh
hectare as compared to 808.40 lakh hectare at this time last year,"
Agriculture Ministry said in a statement.Area under oilseeds has increased
to 157.43 lakh hectares from 152.31 lakh hectares in the last season,
sugarcane acreage has also rose to 47.36 lakh hectares from 47.17 lakh
hectares.However, the area under cotton has declined to 105.68 lakh
hectares from 112.24 lakh hectares in the last season, and Jute and Mesta
acreage has also come down to 7.79 lakh hectares from 8.11 lakh hectares.
Arguing that expenses related to food constitute a sizeable portion of
lower-income households, PHD Chamber said that agriculture and agri-
produce including food processing industry should be kept out of
GST."Food is a large portion of spending of lower income households and
any tax on food and farm produce would be regressive since production
and distribution of food as well as agricultural produce is largely
unorganised in India," the industry body said.The chamber said that "since
most food items have been either exempted from tax or taxed at a lower
rate, it should be the attempt of the government to let the agriculture sector
escape taxation in a just manner after the GST legislation is enacted".It also
urged the government to unveil draft rules and regulations relating to
Goods and Services Tax (GST) on public domain to enable industry to
share its comments on the legislation related to the proposed indirect tax
regime.
Jeera settled up due to tight supplies amid higher demand in the spot
market. Though, expectation of higher sowing due to rainfall in major
producing regions, capped some gains. There is a possibility of arriving
Jeera from Syria and Turkey in the world market from August, which
may be negative for jeera export from India. Meanwhile, there are
reports that, cumin crop in China damaged due to heavy
rains.According to latest spice board press release, cumin export is
stood at 155,500 tonnes for 2014-15 period and earned foreign
exchange worth Rs 1,838.20 crore while in 2013-14, the figures stood
at 121,500 tonnes valued at Rs 1,600 crore. As per third advance
estimate of Gujarat State, production is expected at 1.58 lakh tonnes in
2014-15, which is 54.3 per cent lower, compared to last years’
production of 3.46 lakh tonnes. Jeera sowing recorded 2.64 lakh hac,
42% less sowing compared to last year’s 4.54 lakh hac in Gujarat last
year. At Unjha market in Mehsana estimated market supply was at
3000 quintals.At Gondal (Guj.) market estimated market supply was at
120 quintals.At Rajkot market arrivals were reported at 200 quintal.
Turmeric settled up due to receipt of fresh upcountry orders. Further,
rising demand from North India too added support to turmeric prices.
Turmeric sowing area reported high in Maharashtra and Tamil Nadu
state during the current sowing period. However, prospects of weak
monsoon in July – August may affect turmeric production in rainfed
areas while irrigated turmeric may not affect much.However, excess
rains during the vegetative and harvesting may adversely affect the
production and quality. At Warangal market sources reported arrivals
at 150 bags. At Nizamabad market arrivals were reported at 800
quintals. At Duggirala market total arrivals are at 339 quintals.Spot
turmeric prices increased at Erode markets due to receipt of North
Indian demand.Some traders have received fresh upcountry orders and
were quoting higher price for the quality turmeric. But overall only
medium turmeric arrival was very high. The buyers also showed
interest in the root variety.
5
Fundamental Watch : Cotton
COTTONARRIVALS AT KEY SPOT
MARKET
National Market Update
Cotton export to China from India has declined by 56.72 per cent in 2014-
15, which has caused cotton prices in domestic market to fall drastically. In
year 2014-15 India exported only 26 lakh bales of cotton to China in 2014-15
against 61 lakh bales in 2013-14. Citing the situation, Commerce and Industry
Minister Nirmala Sitharaman said in the written reply to Rajya Sabha that due
to this reason cotton domestic prices are ruling weaker as compared to the
previous year and cotton policy adopted by China is the major cause for less
imports.
According to the officials, India is likely to sell its cotton to Thailand too,
after succeeding in selling cotton to Bangladesh. One of the biggest mills in
Thailand has shown interest in buying cotton from India. According to the CCI
officials, samples of cotton from India have approved and CCI is all set to get
buyers from Thailand, besides Bangladesh.
Around 91.7% of the cotton sowing has been completed in Gujarat,
according to State Agriculture Department. Area sown under cotton as on 03
August this year stood 25.01 lakh hectares in Gujarat against the total normal
area of 27.26 lakh hectares. The cotton area in the state is approximately
11.3% lower when compared to the previous year area as on date, which was
28.20 lakh hectares.
Around 105.68 lakh hectares of cotton has been sown so far throughout the
country, as on 07 August this year. This is around 5.84% lower than the
corresponding sowing progress of last season which was 112.24 lakh hectares,
according to Ministry of Agriculture.
CENTER 10-Aug-15 8-Aug-15 Change
RAJKOT 4670 4675 -5
BHIWANI 4570 4500 +70
ADAMPUR 4640 4700 -60
AHMEDABAD NA NA -
GONDAL 4605 4605 UNCH
GUNTUR 4050 NA -
RAICHUR 4650 NA -
Technical Outlook
6
SELL CORIANDER SEP BELOW 10460 TARGET 10430 10380 SL
ABOVE 10490
BUY GUARGUM OCT ABOVE 7940 TARGET 7990 8060 SL
BELOW 7880
SELL TURMERIC SEP BELOW 7340 TARGET 7300 7240 SL
ABOVE 7400
BUY CASTORSEED SEP ABOVE 4020 TARGET 4045 4075 SL
BELOW 3995
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 07 august 2015
Epic research  daily agri report 07 august 2015Epic research  daily agri report 07 august 2015
Epic research daily agri report 07 august 2015
Epic Research Limited
 
Epic research daily agri report 21 oct 2015
Epic research daily agri report 21 oct 2015Epic research daily agri report 21 oct 2015
Epic research daily agri report 21 oct 2015
Epic Research Limited
 
Epic research daily agri report 29 july 2015
Epic research  daily agri report 29 july  2015Epic research  daily agri report 29 july  2015
Epic research daily agri report 29 july 2015
Epic Research Limited
 
Epic research daily agri report 12th june 2015
Epic research  daily agri report 12th june  2015Epic research  daily agri report 12th june  2015
Epic research daily agri report 12th june 2015
Epic Research Limited
 
Epic research daily agri report 29 jan 2015
Epic research daily agri report  29 jan 2015Epic research daily agri report  29 jan 2015
Epic research daily agri report 29 jan 2015
Epic Research Limited
 
Epic research daily agri report 05 august 2015
Epic research  daily agri report 05 august 2015Epic research  daily agri report 05 august 2015
Epic research daily agri report 05 august 2015
Epic Research Limited
 
Epic research daily agri report 2nd may 2016
Epic research daily agri report 2nd may 2016Epic research daily agri report 2nd may 2016
Epic research daily agri report 2nd may 2016
Epic Research
 
Epic research daily agri report 24 sept 2015
Epic research daily agri report 24 sept 2015Epic research daily agri report 24 sept 2015
Epic research daily agri report 24 sept 2015
Epic Research Limited
 
Epic research daily agri report 19 feb 2015
Epic research daily agri report  19 feb 2015Epic research daily agri report  19 feb 2015
Epic research daily agri report 19 feb 2015
Epic Research Limited
 
Epic research weekly agri report 21st march 2016
Epic research weekly agri report 21st march 2016Epic research weekly agri report 21st march 2016
Epic research weekly agri report 21st march 2016
Epic Research Limited
 
Epic research daily agri report 17th june 2015
Epic research  daily agri report 17th june  2015Epic research  daily agri report 17th june  2015
Epic research daily agri report 17th june 2015
Epic Research Limited
 
Epic research daily agri report 21st april 2016
Epic research daily agri report 21st april 2016Epic research daily agri report 21st april 2016
Epic research daily agri report 21st april 2016
Epic Research
 
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 Limited
 
Epic research weekly agri report 25th to 29th may 2015
Epic research weekly  agri report 25th to 29th  may  2015Epic research weekly  agri report 25th to 29th  may  2015
Epic research weekly agri report 25th to 29th may 2015
Epic Research Limited
 
Epic research daily agri report 13 jan 2016
Epic research daily agri report 13 jan 2016Epic research daily agri report 13 jan 2016
Epic research daily agri report 13 jan 2016
Epic Research Limited
 
Epic research daily agri report 30th march 2016
Epic research daily agri report 30th march 2016Epic research daily agri report 30th march 2016
Epic research daily agri report 30th march 2016
Epic Research
 
Epic research daily agri report 15th july 2015
Epic research  daily agri report 15th july  2015Epic research  daily agri report 15th july  2015
Epic research daily agri report 15th july 2015
Epic Research Limited
 
Epic research daily agri report 20 oct 2015
Epic research daily agri report 20 oct 2015Epic research daily agri report 20 oct 2015
Epic research daily agri report 20 oct 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 2015
Epic Research Limited
 
Epic research daily agri report 05th june 2015
Epic research  daily agri report 05th june  2015Epic research  daily agri report 05th june  2015
Epic research daily agri report 05th june 2015
Epic Research Limited
 

What's hot (20)

Epic research daily agri report 07 august 2015
Epic research  daily agri report 07 august 2015Epic research  daily agri report 07 august 2015
Epic research daily agri report 07 august 2015
 
Epic research daily agri report 21 oct 2015
Epic research daily agri report 21 oct 2015Epic research daily agri report 21 oct 2015
Epic research daily agri report 21 oct 2015
 
Epic research daily agri report 29 july 2015
Epic research  daily agri report 29 july  2015Epic research  daily agri report 29 july  2015
Epic research daily agri report 29 july 2015
 
Epic research daily agri report 12th june 2015
Epic research  daily agri report 12th june  2015Epic research  daily agri report 12th june  2015
Epic research daily agri report 12th june 2015
 
Epic research daily agri report 29 jan 2015
Epic research daily agri report  29 jan 2015Epic research daily agri report  29 jan 2015
Epic research daily agri report 29 jan 2015
 
Epic research daily agri report 05 august 2015
Epic research  daily agri report 05 august 2015Epic research  daily agri report 05 august 2015
Epic research daily agri report 05 august 2015
 
Epic research daily agri report 2nd may 2016
Epic research daily agri report 2nd may 2016Epic research daily agri report 2nd may 2016
Epic research daily agri report 2nd may 2016
 
Epic research daily agri report 24 sept 2015
Epic research daily agri report 24 sept 2015Epic research daily agri report 24 sept 2015
Epic research daily agri report 24 sept 2015
 
Epic research daily agri report 19 feb 2015
Epic research daily agri report  19 feb 2015Epic research daily agri report  19 feb 2015
Epic research daily agri report 19 feb 2015
 
Epic research weekly agri report 21st march 2016
Epic research weekly agri report 21st march 2016Epic research weekly agri report 21st march 2016
Epic research weekly agri report 21st march 2016
 
Epic research daily agri report 17th june 2015
Epic research  daily agri report 17th june  2015Epic research  daily agri report 17th june  2015
Epic research daily agri report 17th june 2015
 
Epic research daily agri report 21st april 2016
Epic research daily agri report 21st april 2016Epic research daily agri report 21st april 2016
Epic research daily agri report 21st april 2016
 
Epic research daily agri report 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 weekly agri report 25th to 29th may 2015
Epic research weekly  agri report 25th to 29th  may  2015Epic research weekly  agri report 25th to 29th  may  2015
Epic research weekly agri report 25th to 29th may 2015
 
Epic research daily agri report 13 jan 2016
Epic research daily agri report 13 jan 2016Epic research daily agri report 13 jan 2016
Epic research daily agri report 13 jan 2016
 
Epic research daily agri report 30th march 2016
Epic research daily agri report 30th march 2016Epic research daily agri report 30th march 2016
Epic research daily agri report 30th march 2016
 
Epic research daily agri report 15th july 2015
Epic research  daily agri report 15th july  2015Epic research  daily agri report 15th july  2015
Epic research daily agri report 15th july 2015
 
Epic research daily agri report 20 oct 2015
Epic research daily agri report 20 oct 2015Epic research daily agri report 20 oct 2015
Epic research daily agri report 20 oct 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 05th june 2015
Epic research  daily agri report 05th june  2015Epic research  daily agri report 05th june  2015
Epic research daily agri report 05th june 2015
 

Similar to Epic research daily agri report 11 august 2015

Epic research daily agri report 17 nov 2015
Epic research daily agri report 17 nov 2015Epic research daily agri report 17 nov 2015
Epic research daily agri report 17 nov 2015
Epic Research Limited
 
Epic research daily agri report 27 oct 2015
Epic research daily agri report 27 oct 2015Epic research daily agri report 27 oct 2015
Epic research daily agri report 27 oct 2015
Epic Research Limited
 
Epic research daily agri report 08 dec 2015
Epic research daily agri report 08 dec 2015Epic research daily agri report 08 dec 2015
Epic research daily agri report 08 dec 2015
Epic Research Limited
 
Epic research daily agri report 15 dec 2015
Epic research daily agri report 15 dec 2015Epic research daily agri report 15 dec 2015
Epic research daily agri report 15 dec 2015
Epic Research Limited
 
Epic research daily agri report 17 dec 2015
Epic research daily agri report 17 dec 2015Epic research daily agri report 17 dec 2015
Epic research daily agri report 17 dec 2015
Epic Research Limited
 
Epic research daily agri report 13 oct 2015
Epic research daily agri report 13 oct 2015Epic research daily agri report 13 oct 2015
Epic research daily agri report 13 oct 2015
Epic 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 2015
Epic Research Limited
 
Epic research daily agri report 16th july 2015
Epic research  daily agri report 16th july  2015Epic research  daily agri report 16th july  2015
Epic research daily agri report 16th july 2015
Epic Research Limited
 
Epic research daily agri report 10th july 2015
Epic research  daily agri report 10th july  2015Epic research  daily agri report 10th july  2015
Epic research daily agri report 10th july 2015
Epic Research Limited
 
Epic research daily agri report 05 oct 2015
Epic research daily agri report 05 oct 2015Epic research daily agri report 05 oct 2015
Epic research daily agri report 05 oct 2015
Epic Research Limited
 
Epic research daily agri report 28th april 2016
Epic research daily agri report 28th april 2016Epic research daily agri report 28th april 2016
Epic research daily agri report 28th april 2016
Epic Research
 
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
Epic Research Limited
 
Epic research daily agri report 30 nov 2015
Epic research daily agri report 30 nov 2015Epic research daily agri report 30 nov 2015
Epic research daily agri report 30 nov 2015
Epic Research Limited
 
Epic research daily agri report 15th feb 2016
Epic research daily agri report 15th feb 2016Epic research daily agri report 15th feb 2016
Epic research daily agri report 15th feb 2016
Epic 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 2015
Epic Research Limited
 
Epic research daily agri report 16 feb 2015
Epic research daily agri report  16 feb 2015Epic research daily agri report  16 feb 2015
Epic research daily agri report 16 feb 2015
Epic Research Limited
 
Epic research daily agri report 22 july 2015
Epic research  daily agri report 22 july  2015Epic research  daily agri report 22 july  2015
Epic research daily agri report 22 july 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 2015
Epic Research Limited
 
Epic research daily agri report 17th july 2015
Epic research  daily agri report 17th july  2015Epic research  daily agri report 17th july  2015
Epic research daily agri report 17th july 2015
Epic Research Limited
 
Epic research daily agri report 8th july 2015
Epic research  daily agri report 8th july  2015Epic research  daily agri report 8th july  2015
Epic research daily agri report 8th july 2015
Epic Research Limited
 

Similar to Epic research daily agri report 11 august 2015 (20)

Epic research daily agri report 17 nov 2015
Epic research daily agri report 17 nov 2015Epic research daily agri report 17 nov 2015
Epic research daily agri report 17 nov 2015
 
Epic research daily agri report 27 oct 2015
Epic research daily agri report 27 oct 2015Epic research daily agri report 27 oct 2015
Epic research daily agri report 27 oct 2015
 
Epic research daily agri report 08 dec 2015
Epic research daily agri report 08 dec 2015Epic research daily agri report 08 dec 2015
Epic research daily agri report 08 dec 2015
 
Epic research daily agri report 15 dec 2015
Epic research daily agri report 15 dec 2015Epic research daily agri report 15 dec 2015
Epic research daily agri report 15 dec 2015
 
Epic research daily agri report 17 dec 2015
Epic research daily agri report 17 dec 2015Epic research daily agri report 17 dec 2015
Epic research daily agri report 17 dec 2015
 
Epic research daily agri report 13 oct 2015
Epic research daily agri report 13 oct 2015Epic research daily agri report 13 oct 2015
Epic research daily agri report 13 oct 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 16th july 2015
Epic research  daily agri report 16th july  2015Epic research  daily agri report 16th july  2015
Epic research daily agri report 16th july 2015
 
Epic research daily agri report 10th july 2015
Epic research  daily agri report 10th july  2015Epic research  daily agri report 10th july  2015
Epic research daily agri report 10th july 2015
 
Epic research daily agri report 05 oct 2015
Epic research daily agri report 05 oct 2015Epic research daily agri report 05 oct 2015
Epic research daily agri report 05 oct 2015
 
Epic research daily agri report 28th april 2016
Epic research daily agri report 28th april 2016Epic research daily agri report 28th april 2016
Epic research daily agri report 28th april 2016
 
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
 
Epic research daily agri report 30 nov 2015
Epic research daily agri report 30 nov 2015Epic research daily agri report 30 nov 2015
Epic research daily agri report 30 nov 2015
 
Epic research daily agri report 15th feb 2016
Epic research daily agri report 15th feb 2016Epic research daily agri report 15th feb 2016
Epic research daily agri report 15th feb 2016
 
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 16 feb 2015
Epic research daily agri report  16 feb 2015Epic research daily agri report  16 feb 2015
Epic research daily agri report 16 feb 2015
 
Epic research daily agri report 22 july 2015
Epic research  daily agri report 22 july  2015Epic research  daily agri report 22 july  2015
Epic research daily agri report 22 july 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 17th july 2015
Epic research  daily agri report 17th july  2015Epic research  daily agri report 17th july  2015
Epic research daily agri report 17th july 2015
 
Epic research daily agri report 8th july 2015
Epic research  daily agri report 8th july  2015Epic research  daily agri report 8th july  2015
Epic research daily agri report 8th july 2015
 

Recently uploaded

Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
bosssp10
 
Examining the Effect of Customer Services Quality and Online Reviews in Unive...
Examining the Effect of Customer Services Quality and Online Reviews in Unive...Examining the Effect of Customer Services Quality and Online Reviews in Unive...
Examining the Effect of Customer Services Quality and Online Reviews in Unive...
Adam Smith
 
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
AnnySerafinaLove
 
-- June 2024 is National Volunteer Month --
-- June 2024 is National Volunteer Month ---- June 2024 is National Volunteer Month --
-- June 2024 is National Volunteer Month --
NZSG
 
Best practices for project execution and delivery
Best practices for project execution and deliveryBest practices for project execution and delivery
Best practices for project execution and delivery
CLIVE MINCHIN
 
Mastering B2B Payments Webinar from BlueSnap
Mastering B2B Payments Webinar from BlueSnapMastering B2B Payments Webinar from BlueSnap
Mastering B2B Payments Webinar from BlueSnap
Norma Mushkat Gaffin
 
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Boris Ziegler
 
In the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptxIn the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptx
Adani case
 
Understanding User Needs and Satisfying Them
Understanding User Needs and Satisfying ThemUnderstanding User Needs and Satisfying Them
Understanding User Needs and Satisfying Them
Aggregage
 
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
taqyed
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
Creative Web Design Company in Singapore
Creative Web Design Company in SingaporeCreative Web Design Company in Singapore
Creative Web Design Company in Singapore
techboxsqauremedia
 
Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...
dylandmeas
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
agatadrynko
 
Training my puppy and implementation in this story
Training my puppy and implementation in this storyTraining my puppy and implementation in this story
Training my puppy and implementation in this story
WilliamRodrigues148
 
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 20243 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
SEOSMMEARTH
 
Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024
Top Forex Brokers Review
 
Brand Analysis for an artist named Struan
Brand Analysis for an artist named StruanBrand Analysis for an artist named Struan
Brand Analysis for an artist named Struan
sarahvanessa51503
 
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
jamalseoexpert1978
 
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
SOFTTECHHUB
 

Recently uploaded (20)

Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
 
Examining the Effect of Customer Services Quality and Online Reviews in Unive...
Examining the Effect of Customer Services Quality and Online Reviews in Unive...Examining the Effect of Customer Services Quality and Online Reviews in Unive...
Examining the Effect of Customer Services Quality and Online Reviews in Unive...
 
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
 
-- June 2024 is National Volunteer Month --
-- June 2024 is National Volunteer Month ---- June 2024 is National Volunteer Month --
-- June 2024 is National Volunteer Month --
 
Best practices for project execution and delivery
Best practices for project execution and deliveryBest practices for project execution and delivery
Best practices for project execution and delivery
 
Mastering B2B Payments Webinar from BlueSnap
Mastering B2B Payments Webinar from BlueSnapMastering B2B Payments Webinar from BlueSnap
Mastering B2B Payments Webinar from BlueSnap
 
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
 
In the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptxIn the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptx
 
Understanding User Needs and Satisfying Them
Understanding User Needs and Satisfying ThemUnderstanding User Needs and Satisfying Them
Understanding User Needs and Satisfying Them
 
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
Creative Web Design Company in Singapore
Creative Web Design Company in SingaporeCreative Web Design Company in Singapore
Creative Web Design Company in Singapore
 
Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
 
Training my puppy and implementation in this story
Training my puppy and implementation in this storyTraining my puppy and implementation in this story
Training my puppy and implementation in this story
 
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 20243 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
 
Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024
 
Brand Analysis for an artist named Struan
Brand Analysis for an artist named StruanBrand Analysis for an artist named Struan
Brand Analysis for an artist named Struan
 
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
 
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
 

Epic research daily agri report 11 august 2015

  • 1. DAILY AGRI COMMODITY REPORT 11 August 2015 HNI & NRI Sales Contact Australia Mintara Road, Tarneit, Victoria. Post Code 3029 Phone.: +61 422 063855 HNI & NRI Sales Contact USA 2117 Arbor Vista Dr. Charlotte (NC) Cell: +1 704 249 2315 Toll Free Number 1-800-200-9454 All queries should be directed to Info@epicresearch.co 1 Epic Research India 411 Milinda Manor (Suites 409- 417) 2 RNT Marg. Opp Central Mall Indore (M.P.) Hotline: +91 731 664 2300 Alternate: +91 731 664 2320 Or give us a missed call at 026 5309 0639 Our Presence YOURMINTVISORY Call us at +91-731-6642300
  • 2. Market Views 2 MONTH OPEN HIGH LOW CLOSE % CHG VOL MONTH OPEN HIGH LOW CLOSE % CHG VOL TURMERIC SEP 7524 7596 7352 7398 -1.67 7398 INTRADAY LEVELS SUPPORT SUPP. 1 7301 SUPP. 2 7205 PIVOT 7749 Turmeric short term trend is bearish and May continue in coming days.RESISTAN CE RES. 1 7545 RES. 2 7693 CORIANDER SEP 10989 10989 10460 10500 -1.52 18860 INTRADAY LEVELS SUPPORT SUPP.1 10310 SUPP. 2 10121 PIVOT 10650 Coriander short term trend is bearish and May continue in coming days.RESISTAN CE RES. 1 10839 RES. 2 11179 GUARGUM OCT 8100 8220 7860 7870 -3.67 11783 INTRADAY LEVELS SUPPORT SUPP. 1 7747 SUPP. 2 7623 PIVOT 7983 Guargum short term trend is bullish and May continue in coming days.RESISTAN CE RES. 1 8107 RES. 2 8343 CASTORSEED SEP 4036 4041 3960 4014 -0.77 95650 INTRADAY LEVELS SUPPORT SUPP. 1 3969 SUPP. 2 3924 PIVOT 4005 Castorseed short term trend is bullish and May continue in coming day.RESISTAN CE RES. 1 4050 RES. 2 4086
  • 3. Most Active Contract 3 NCDEX INDICES Index Value Pre. Close % Change CASTORSEED 3936 3968 -0.81 CHANA 4434 4357 +1.77 CORIANDER 10350 10495 -1.38 GUARGUM 7870 8170 -3.67 JEERA 14700 14675 +0.17 MUSTARD SEED 4061 4062 -0.02 SOYABEAN 3144 3113 +1.00 TURMERIC 7202 7362 -2.17 TOP LOSERS SYMBOL EXPIRY DATE CURRENT PRICE CHANGE CHANGE % CASTOR SEED NEW 20-08-2015 3926.00 -69.00 -1.73% RAPESEED-MUSTARD SEED 20-08-2015 4045.00 -53.00 -1.29% TOP GAINERS SYMBOL EXPIRY DATE CURRENT PRICE CHANGE CHANGE % TURMERIC 20-08-2015 7288.00 212.00 3.00% CHANA 20-08-2015 4400.00 99.00 2.30% BARLEY 20-08-2015 1131.50 24.50 2.21% COTTON SEED OIL CAKE AKOLA 20-08-2015 1943.00 29.00 1.52% REFINED SOY OIL 20-08-2015 575.20 8.25 1.46% JEERA 20-08-2015 14710.00 200.00 1.38% SOYABEAN 20-08-2015 3130.00 34.00 1.10% CORIANDER 20-08-2015 10295.00 109.00 1.07%
  • 4. Commodities In News 4 ECONOMIC NEWS Paddy sowing has increased by 4.50 per cent to 277.89 lakh hectares so far in the ongoing kharif season compared with the last year.Paddy sowing has increased by 4.50 per cent to 277.89 lakh hectares so far in the ongoing kharif season compared with the last year.Similarly the area under other kharif crops such as oilseeds, coarse cereals, pulses and cotton has also increased.Area under pulses has increased to 92.64 lakh hectares from 81.24 lakh hectares, acreage of coarse cereals rises to 158.62 lakh hectares from 141.43 lakh hectares, as per official data."The total sown area as on 7th August, as per reports received from states, stands at 847.40 lakh hectare as compared to 808.40 lakh hectare at this time last year," Agriculture Ministry said in a statement.Area under oilseeds has increased to 157.43 lakh hectares from 152.31 lakh hectares in the last season, sugarcane acreage has also rose to 47.36 lakh hectares from 47.17 lakh hectares.However, the area under cotton has declined to 105.68 lakh hectares from 112.24 lakh hectares in the last season, and Jute and Mesta acreage has also come down to 7.79 lakh hectares from 8.11 lakh hectares. Arguing that expenses related to food constitute a sizeable portion of lower-income households, PHD Chamber said that agriculture and agri- produce including food processing industry should be kept out of GST."Food is a large portion of spending of lower income households and any tax on food and farm produce would be regressive since production and distribution of food as well as agricultural produce is largely unorganised in India," the industry body said.The chamber said that "since most food items have been either exempted from tax or taxed at a lower rate, it should be the attempt of the government to let the agriculture sector escape taxation in a just manner after the GST legislation is enacted".It also urged the government to unveil draft rules and regulations relating to Goods and Services Tax (GST) on public domain to enable industry to share its comments on the legislation related to the proposed indirect tax regime. Jeera settled up due to tight supplies amid higher demand in the spot market. Though, expectation of higher sowing due to rainfall in major producing regions, capped some gains. There is a possibility of arriving Jeera from Syria and Turkey in the world market from August, which may be negative for jeera export from India. Meanwhile, there are reports that, cumin crop in China damaged due to heavy rains.According to latest spice board press release, cumin export is stood at 155,500 tonnes for 2014-15 period and earned foreign exchange worth Rs 1,838.20 crore while in 2013-14, the figures stood at 121,500 tonnes valued at Rs 1,600 crore. As per third advance estimate of Gujarat State, production is expected at 1.58 lakh tonnes in 2014-15, which is 54.3 per cent lower, compared to last years’ production of 3.46 lakh tonnes. Jeera sowing recorded 2.64 lakh hac, 42% less sowing compared to last year’s 4.54 lakh hac in Gujarat last year. At Unjha market in Mehsana estimated market supply was at 3000 quintals.At Gondal (Guj.) market estimated market supply was at 120 quintals.At Rajkot market arrivals were reported at 200 quintal. Turmeric settled up due to receipt of fresh upcountry orders. Further, rising demand from North India too added support to turmeric prices. Turmeric sowing area reported high in Maharashtra and Tamil Nadu state during the current sowing period. However, prospects of weak monsoon in July – August may affect turmeric production in rainfed areas while irrigated turmeric may not affect much.However, excess rains during the vegetative and harvesting may adversely affect the production and quality. At Warangal market sources reported arrivals at 150 bags. At Nizamabad market arrivals were reported at 800 quintals. At Duggirala market total arrivals are at 339 quintals.Spot turmeric prices increased at Erode markets due to receipt of North Indian demand.Some traders have received fresh upcountry orders and were quoting higher price for the quality turmeric. But overall only medium turmeric arrival was very high. The buyers also showed interest in the root variety.
  • 5. 5 Fundamental Watch : Cotton COTTONARRIVALS AT KEY SPOT MARKET National Market Update Cotton export to China from India has declined by 56.72 per cent in 2014- 15, which has caused cotton prices in domestic market to fall drastically. In year 2014-15 India exported only 26 lakh bales of cotton to China in 2014-15 against 61 lakh bales in 2013-14. Citing the situation, Commerce and Industry Minister Nirmala Sitharaman said in the written reply to Rajya Sabha that due to this reason cotton domestic prices are ruling weaker as compared to the previous year and cotton policy adopted by China is the major cause for less imports. According to the officials, India is likely to sell its cotton to Thailand too, after succeeding in selling cotton to Bangladesh. One of the biggest mills in Thailand has shown interest in buying cotton from India. According to the CCI officials, samples of cotton from India have approved and CCI is all set to get buyers from Thailand, besides Bangladesh. Around 91.7% of the cotton sowing has been completed in Gujarat, according to State Agriculture Department. Area sown under cotton as on 03 August this year stood 25.01 lakh hectares in Gujarat against the total normal area of 27.26 lakh hectares. The cotton area in the state is approximately 11.3% lower when compared to the previous year area as on date, which was 28.20 lakh hectares. Around 105.68 lakh hectares of cotton has been sown so far throughout the country, as on 07 August this year. This is around 5.84% lower than the corresponding sowing progress of last season which was 112.24 lakh hectares, according to Ministry of Agriculture. CENTER 10-Aug-15 8-Aug-15 Change RAJKOT 4670 4675 -5 BHIWANI 4570 4500 +70 ADAMPUR 4640 4700 -60 AHMEDABAD NA NA - GONDAL 4605 4605 UNCH GUNTUR 4050 NA - RAICHUR 4650 NA -
  • 6. Technical Outlook 6 SELL CORIANDER SEP BELOW 10460 TARGET 10430 10380 SL ABOVE 10490 BUY GUARGUM OCT ABOVE 7940 TARGET 7990 8060 SL BELOW 7880 SELL TURMERIC SEP BELOW 7340 TARGET 7300 7240 SL ABOVE 7400 BUY CASTORSEED SEP ABOVE 4020 TARGET 4045 4075 SL BELOW 3995
  • 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.