This daily commodity report provides market information on various agricultural commodities such as turmeric, coriander, guar gum, and castor seed. It discusses the opening, high, low, and closing prices of these commodities on the most recent trading day as well as intraday support and resistance levels. It also includes the most actively traded contracts, top gainers and losers for the day, and fundamental news and analysis on commodities like cotton, guar seed, jeera, and castor seed. The report is from Epic Research, an Indian commodity research firm.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
Weekly agri report by epic research limited of 3 april 2017Epic Research
Epic Research Limited has team of market experts who depicts with precise ncdex tips and trading tips. Weekly reports on market's performance are also offered by us.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
Epic Research has proven itself as one of the primary platforms for share market tips. Our opinion are based on Indian share market fundamental, technical & equity research. we offer wide range of service packs related to these segment.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
Epic Research has proven itself as one of the primary platforms for share market tips. Our opinion are based on Indian share market fundamental, technical & equity research. we offer wide range of service packs related to these segment.
Epic research daily agri report 13th april 2016Epic Research
Epic Research Private Limited is awarded with the Service Excellence Award in the financial services sector for providing consultation regarding Capital Stock Market of India and other global markets.
Daily agri commodity report by epic research limited of 11 may 2017Epic Research
Epic Research serves with advisory services like stock tips, commodity tips and other trading tips . We also offer daily reports for gaining quick overview of market.
Epic research daily agri report 8th april 2016Epic Research
Epic Research provide best trading recommendations with a team of the most experienced professionals who work only towards customers profit and helping them to earn good profit.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
Epic Research has proven itself as one of the primary platforms for share market tips. Our opinion are based on Indian share market fundamental, technical & equity research. we offer wide range of service packs related to these segment.
Epic research daily agri report 25 july 2016 Epic Research
Epic Research offers the stock market updates and live news for investors. Join Epic Research and get proper updates to secure your future by performing optimum trading.
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Dịch vụ cho thuê máy photocopy giá rẻ Toshiba E850 với đầy đủ các tính năng nổi bật của dòng máy photocopy Toshiba. Là dòng máy photocopy công nghiệp thích hợp cho những công ty lớn, trường học có số lượng sao chụp nhiều. Với khả năng chụp tốc độ cao lên tới 85 tờ trong 1 phút.
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Cho thuê máy photocopy Toshiba e-Studio 850 là dòng máy công nghiệp, có công suất lớn, có tốc độ 85 bản/ phút. Rất thích hợp cho những công ty, xí nghiệp, trường học cần photocopy số lượng lớn, đặc biệt rất thích hợp để làm dịch vụ copy.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
Weekly agri report by epic research limited of 3 april 2017Epic Research
Epic Research Limited has team of market experts who depicts with precise ncdex tips and trading tips. Weekly reports on market's performance are also offered by us.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
Epic Research has proven itself as one of the primary platforms for share market tips. Our opinion are based on Indian share market fundamental, technical & equity research. we offer wide range of service packs related to these segment.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
Epic Research has proven itself as one of the primary platforms for share market tips. Our opinion are based on Indian share market fundamental, technical & equity research. we offer wide range of service packs related to these segment.
Epic research daily agri report 13th april 2016Epic Research
Epic Research Private Limited is awarded with the Service Excellence Award in the financial services sector for providing consultation regarding Capital Stock Market of India and other global markets.
Daily agri commodity report by epic research limited of 11 may 2017Epic Research
Epic Research serves with advisory services like stock tips, commodity tips and other trading tips . We also offer daily reports for gaining quick overview of market.
Epic research daily agri report 8th april 2016Epic Research
Epic Research provide best trading recommendations with a team of the most experienced professionals who work only towards customers profit and helping them to earn good profit.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
Epic Research has proven itself as one of the primary platforms for share market tips. Our opinion are based on Indian share market fundamental, technical & equity research. we offer wide range of service packs related to these segment.
Epic research daily agri report 25 july 2016 Epic Research
Epic Research offers the stock market updates and live news for investors. Join Epic Research and get proper updates to secure your future by performing optimum trading.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
Dịch vụ cho thuê máy photocopy giá rẻ Toshiba E850 với đầy đủ các tính năng nổi bật của dòng máy photocopy Toshiba. Là dòng máy photocopy công nghiệp thích hợp cho những công ty lớn, trường học có số lượng sao chụp nhiều. Với khả năng chụp tốc độ cao lên tới 85 tờ trong 1 phút.
Ngoài ra,Toshiba E850 có thể photo được các khổ giấy từ A3-A5 với độ phân giải cao lên đến 600dpi x 2400dpi
Cho thuê máy photocopy Toshiba e-Studio 850 là dòng máy công nghiệp, có công suất lớn, có tốc độ 85 bản/ phút. Rất thích hợp cho những công ty, xí nghiệp, trường học cần photocopy số lượng lớn, đặc biệt rất thích hợp để làm dịch vụ copy.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
Epic Research has proven itself as one of the primary platforms for share market tips. Our opinion are based on Indian share market fundamental, technical & equity research. we offer wide range of service packs related to these segment.
Epic Research has proven itself as one of the primary platforms for share market tips. Our opinion are based on Indian share market fundamental, technical & equity research. we offer wide range of service packs related to these segment.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
Our company gives and suggest best opportunities to our existing and new clients.As we are constantly progressing, we use to wider our span to help more.
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Epic research weekly agri report 16th may 2016Epic Research
Epic Research Private Limited is awarded with the Service Excellence Award in the financial services sector for providing consultation regarding Capital Stock Market of India and other global markets
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
An advisory firm delivering services to the investors may help you in this sector. They use to provide such professionals who give such tips and hints which benefits the traders and help them to achieve the desired success.
Epic Research has India's best experienced research analyst they keep on eyes 24*7 on market and update Daily & Weekly report of trading market in all market segments like Equity,Comex,Commodity,Forex etc.
Epic Research has proven itself as one of the primary platforms for share market tips. Our opinion are based on Indian share market fundamental, technical & equity research. we offer wide range of service packs related to these segment.
Epic Research has proven itself as one of the primary platforms for share market tips. Our opinion are based on Indian share market fundamental, technical & equity research. we offer wide range of service packs related to these segment.
Epic research daily agri report 1st july 2016Epic Research
Epic Research Private Limited is the Service Excellence Award Winner Financial Advisory Firm, known for the best consultation services regarding Capital Stock Market of India and other global markets
Epic Research has proven itself as one of the primary platforms for share market tips. Our opinion are based on Indian share market fundamental, technical & equity research. we offer wide range of service packs related to these segment.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
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• Three (3) key tips to maintain a disciplined workplace.
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Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
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3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
1. DAILY AGRI COMMODITY REPORT
25 June 2015
HNI & NRI Sales Contact Australia
Mintara Road, Tarneit, Victoria. Post Code 3029
Phone.: +61 422 063855
HNI & NRI Sales Contact USA
2117 Arbor Vista Dr. Charlotte (NC)
Cell: +1 704 249 2315
Toll Free Number
1-800-200-9454
All queries should be directed to
Info@epicresearch.co
1
Epic Research India
411 Milinda Manor (Suites 409- 417)
2 RNT Marg. Opp Central Mall
Indore (M.P.)
Hotline: +91 731 664 2300
Alternate: +91 731 664 2320
Or give us a missed call at
026 5309 0639
Our Presence
YOURMINTVISORY Call us at +91-731-6642300
2. Market Views
2
MONTH OPEN HIGH LOW CLOSE % CHG VOL MONTH OPEN HIGH LOW CLOSE % CHG VOL
TURMERIC
JULY 6956 7190 6922 7084 +1.23 18230
INTRADAY
LEVELS
SUPPORT SUPP. 1
6941
SUPP. 2
6797
PIVOT
7065
Turmeric short term
trend is up and May
continue in coming
days.RESISTAN
CE
RES. 1
7209
RES. 2
7333
CORIANDER
JULY 12270 12300 11960 11984 -2.22 17940
INTRADAY
LEVELS
SUPPORT SUPP.1
11863
SUPP. 2
11741
PIVOT
12081
Coriander short term
trend is down and May
continue in coming
days.RESISTAN
CE
RES. 1
12203
RES. 2
12421
GUARGUM
JULY 9750 10220 9650 10220 +3.97 10698
INTRADAY
LEVELS
SUPPORT SUPP. 1
9840
SUPP. 2
9460
PIVOT
10030
Guargum short term
trend is up and May
continue in coming
days.RESISTAN
CE
RES. 1
10410
RES. 2
10610
CASTORSEED
JULY 3975 3995 3920 3980 -0.15 70300
INTRADAY
LEVELS
SUPPORT SUPP. 1
3935
SUPP. 2
3890
PIVOT
3965
Castorseed short term
trend is up and May
continue in coming
days..RESISTAN
CE
RES. 1
4010
RES. 2
4040
3. Most Active Contract
3
NCDEX INDICES
Index Value
Pre.
Close
%
Change
CASTORSEED 3980 3986 -0.15
CHANA 4170 4117 +1.29
CORIANDER 11984 12256 -2.22
GUARGUM 10220 9830 +3.97
JEERA 16090 15905 +1.16
MUSTARD
SEED
4082 4066 +0.39
SOYABEAN 3448 3483 -1.00
TURMERIC 7084 6998 +1.23
TOP LOSERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE
CHANGE
%
CORIANDER 20-07-2015 12071.00 -169.00 -1.38%
SOYABEAN 20-08-2015 3458.00 -21.00 -0.60%
TOP GAINERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE CHANGE %
TURMERIC 20-07-2015 7090.00 118.00 1.69%
CHANA 20-07-2015 4173.00 64.00 1.56%
COTTON SEED OIL CAKE
AKOLA
20-07-2015 1824.00 27.00 1.50%
JEERA 20-07-2015 16050.00 145.00 0.91%
REFINED SOY OIL 20-08-2015 583.50 3.50 0.60%
RAPESEED-MUSTARD
SEED
20-07-2015 4087.00 23.00 0.57%
CASTOR SEED NEW 20-07-2015 3985.00 10.00 0.25%
4. Commodities In News
4
ECONOMIC NEWS
Even if cotton production declines by up to 15 per cent next season, the
adequate domestic stock position is likely to keep the prices stable during
cotton year (CY) 2015-16, according to rating agency ICRA."Domestic
cotton stock position to remain adequate even if the production declines by
up to 15 per cent in CY 2015-16. Hence domestic prices are expected to
remain stable in CY 2015-16," ICRA said in a report here.The cotton
prices, as typical of any other agricultural commodity, are driven by global
demand and supply dynamics,it said.With global cotton demand largely
being range-bound (negligible demand growth during last 5 years), the
supply remains the key driver of prices.The massive cotton procurement
undertaken by China during the cotton years from 2011-12 to 2013-14 at
higher support prices than the international prices resulted in increased
dependence of the Chinese mills on cheap imported cotton, thereby
resulting in increased imports by China and hence rising prices.The change
in the China's cotton policy to direct subsidy mechanism to farmers from
the earlier policy of supporting the prices through reserve purchase
program made domestic cotton available to mills in China at market rates
and reduced the import dependence.The release of the cotton stock by
China at market rates will further reduce the import requirement of China,
which will lead to higher cotton stock levels in both global and Indian
markets and further depress the international cotton prices, ICRA pointed
out.Cotton cultivation will remain attractive for the Indian farmers, which
will prevent any large shift towards alternate crops and hence mitigate
concerns of lower production, the agency said."The high support prices for
cotton still continue to keep cotton cultivation attractive for the farmers as
the profit per quintal for cotton remains high amongst the competing
crops," it added.ICRA said the consistent rise in domestic cotton
production without adequate domestic spinning capacities and declining
export demand remains a challenge.
Guarseed gained amid good bargain hunting yesterday. Prices have
dropped heavily in last few days as market players continued to track the
cues from monsoon. The IMD noted in its latest weekly update that
conditions are favourable for further advance of southwest monsoon
into remaining parts of north Arabian sea, Gujarat state, Chhattisgarh,
Jharkhand, entire Bihar, Uttarakhand, Himachal Pradesh, Jammu &
Kashmir, most parts of Madhya Pradesh and some parts of Uttar
Pradesh, Punjab, Haryana, Chandigarh & Delhi and Rajasthan during
next 3-4 days. Some parts in Rajasthan continue to witness good rains
and traders took it as a good sign for the current season's harvest.
Guargum demand is fairly weak as well. However, good buying was
seen ready and futures market today and guarseed prices in Jodhpur are
trading at Rs 4255 per quintal, up Rs 40 per quintal on the day.
Stockists are keeping Jeera steady after latest correction. Spot Jeera
extended its losses amid thin demand and very less arrivals. The stocks
in ready market are poor and though the demand for Ramadan is
expected to support the commodity in near term, not much of buying
emerged yesterday. Spot Jeera is quoting at Rs 17050, up Rs 50 per
quintal on the day in Unjha. Total arrivals were just 1500 bags
yesterday.
Castorseed sowing has started on a good note amid steady progress in
monsoon. Last two years have seen farmers getting good returns on
castor and the acreage is expected to increase this year too. Stocks in
local mandies are limited and spot prices have dropped under Rs 4000
per quintal in Disa now. These are the lowest levels in last one month for
the commodity.
5. 5
Fundamental Watch : Castorseed
CASTORSEED ARRIVALS AT KEY SPOT
MARKET
National Market Update
Downward pressure continues on castor seed market with further smooth
advancement of monsoon and good rains fall in producing state like Gujarat.
Early sowing is expected right now and resultantly price of seed may decrease
more in the weeks ahead. Overall sentiment remains bearish.
Agriculture statistics Division, DES has released Third Adv estimates of
Production of foodgrains for 2014-15 on 13.05 2015.It has revised castor
production estimate down by 87 thousand tonne to 18.24 lakh tonne. In second
Adv Est. castor production was estimated at 19.11 lakh tonne. The minor
decrease in third Adv . Est is mainly attributed to inclement weather and yield
loss.
Castor Oil (First Grade) FOB Kandla (Export) quotes decreased
considerably by $15 per tonne in last one week. It decreased from $1290 to
$1275 per tonne last week. It is almost 3.54 percent lower than June ,2014
price. It was ruling at $1445 per tonne in June 2014. Castor oil FOB Kandla
price in May 2015 was ruling at $1290.
Castor meal (FAS)kandla was increased from $110 to $114 per tonne last
week. It is ruling 2.35 higher than the quote seen in June ,2014.
Major buyers like China, US and EU have restricted buying once again in
declining market. No major trade has been reported this week for commercial
oil. Buyer’s interest was seen at $1275 per tonne.
Castor meal export was registered at 9185.19 tonne in the first week of June
at an Ave FOB price of $123 per T. The highest and lowest quotes were seen in
$196 and $101.98 per T. Export volume has decreased from last week.
CENTER 24-June-15 23-June-15 Change
PATAN 3850 3850 UNCH
HARJI 3850 3860 -10
KADI 3855 3900 -55
DEESA 3800 3850 -50
BHABHAR 3850 3865 -15
MEHSANA 3850 3875 -25
RAJKOT 3755 3755 UNCH
6. Technical Outlook
6
SELL CORIANDER JULY BELOW 11920 TARGET 11895 11855 SL
ABOVE 11950
BUY GUARGUM JULY ABOVE 10220 TARGET 10270 10330 SL
BELOW 10160
BUY TURMERIC JULY ABOVE 7120 TARGET 7160 7220 SL
BELOW 7060
BUY CASTORSEED JULY ABOVE 4010 TARGET 4035 4065 SL
BELOW 3980
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