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1. DAILY AGRI COMMODITY REPORT
28 March 2016
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2. Market Views
2
MONTH OPEN HIGH LOW CLOSE % CHG VOL MONTH OPEN HIGH LOW CLOSE % CHG VOL
TURMERIC
APR 8936 9020 8784 8786 -1.96 10710
INTRADAY
LEVELS
SUPPORT SUPP. 1
8707
SUPP. 2
8626
PIVOT
8863
Turmeric short term
trend is bearish and
May continue in
coming days.RESISTAN
CE
RES. 1
8943
RES. 2
9099
CORIANDER
APR 6880 7020 6800 6983 +2.59 10420
INTRADAY
LEVELS
SUPPORT SUPP.1
6849
SUPP. 2
6714
PIVOT
6934
Coriander short term
trend is bearish and May
continue in coming
days.RESISTAN
CE
RES. 1
7087
RES. 2
7154
GUARGUM
APR 5530 5610 5490 5550 +0.18 6231
INTRADAY
LEVELS
SUPPORT SUPP. 1
5490
SUPP. 2
5430
PIVOT
5550
Guargum short term
trend is bearish and
May continue in
coming days.RESISTAN
CE
RES. 1
5610
RES. 2
5670
CASTORSEED
- - - - - - -
INTRADAY
LEVELS
SUPPORT SUPP. 1
-
SUPP. 2
-
PIVOT
-
-
RESISTAN
CE
RES. 1
-
RES. 2
-

3. Most Active Contract
3
NCDEX INDICES
Index Value
Pre.
Close
%
Change
CASTORSEED - - -
CHANA 4389 4327 +1.43
CORIANDER 6983 6807 +2.59
GUARGUM 5550 5540 +0.18
JEERA 15350 15355 -0.03
MUSTARD
SEED
4032 3950 +0.10
SOYABEAN 3955 3928 +0.69
TURMERIC 8902 8918 -0.18
TOP LOSERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE
CHANGE
%
MAIZE - FEED 20-04-2016 1257.00 -10.00 -0.79%
TURMERIC 20-04-2016 8840.00 -62.00 -0.70%
REF SOYA OIL 20-04-2016 637.00 -1.30 -0.20%
CHANA 2 MT 11-04-2016 4314.00 -6.00 -0.14%
TOP GAINERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE CHANGE %
GUAR GUM 20-04-2016 5570.00 60.00 1.09%
CHANA 20-04-2016 4366.00 40.00 0.92%
SOY BEAN 20-04-2016 3990.00 35.00 0.88%
JEERA 20-04-2016 15430.00 80.00 0.52%

4. Commodities In News
4
ECONOMIC NEWS
Rainfall activity over the country was below normal in 2014, which was
also the fifth warmest year on record since 1901, a report by policy
research body TERI said."Particulate matter concentration exceeded the
prescribed limit in 83 per cent of the monitored locations in 2012. The
annual mean temperature of India during 2014 was +0.53°C above the
1961-90 average. The year 2014 was the fifth warmest year on record since
1901."Rainfall activity over the country was below normal (88 per cent of
long period average) during 2014. An enormous challenge lies before
central and state governments to monitor the sustainable development goals
and climate action plans in terms of data for environment," according to the
13th edition of TERI Energy and Environment Data Diary and Yearbook
(TEDDY) 2015-16. The report, released by The Energy and Resources
Institute (TERI), also said the Indian solar photovoltaic (SPV) market has
witnessed "significant" growth and nearly 80 per cent of manufacturing
components in solar thermal technology have been domestic.States such as
Delhi, Gujarat, Haryana, Punjab, Uttar Pradesh, Uttarakhand, Rajasthan,
West Bengal, Chhattisgarh, Andhra Pradesh, Karnataka, Tamil Nadu and
Kerala have announced their policies on grid-connected SPV rooftop, it
said.At a function to release the report, Secretary in Ministry of Petroleum
and Natural Gas K D Tripathi said energy security and environmental
sustainability are two key dimensions that need consideration by
policymakers and industry alike."Sustained review of all the relevant data
and analysis is imperative for informed policy making. TEDDY 2015-16
provides all the necessary inputs for the same. I hope it will be useful to
those interested in energy and environment sectors," Tripathi said.TERI
Director General Ajay Mathur said the report compiles information and
knowledge on energy and environment in India, enabling one to develop
and validate trends that can be the building blocks for policy
recommendations.Punjab Chief Minister Parkash Singh Badal today sought
NITI Aayog's support for helping farmers in the state by introducing
special schemes.
Soyabean on NCDEX settled up as there was expectation of higher
demand from industrial buyers. Limited arrivals in spot market and
clues from International markets too trigger the prices. As per SEA, the
current stock of edible oils as on March 1, 2016 at various ports is
estimated at 910,000 tonne and about 1,450,000 tonne are in pipelines.
The export of soybean meal is also at a historical low of 70,390 tonnes
during the first 11 months of 2015-16, compared to 6.14 lt in 2014-
15.Prices also seen supported on supply worries after the United States
department of agriculture (USDA) trimmed 2015-16 United States
soybean production forecast for March and on improved demand in
global market. The USDA cut US, the world's biggest bean grower,
production estimates to 106.9 million tons in March compared to 107
million tons in the previous month and 106.9 million tons a year ago in
its World Agriculture Supply and Demand Estimates report. Estimation
for Argentina, world's third biggest soybean producer, 2015-16 crop
output maintained at 58.5 million tons unchanged from previous month
and 61.4 million tons a year ago.
Jeera on NCDEX settled up due to expectation of good export
demand. Market players are still expecting some more export enquiries
on reports of good quality jeera production this year but the demand is
still lower. As per the final rabi sowing report, Gujarat has planted
more cumin compared to last year sowing progress. Jeera is planted in
about 10.8% more area at 2,95,400 hectares compared to 2,66,700
hectares last year same time.As per second advance estimate of Gujarat
State for 2015-16, production is pegged at 2.11 lt higher by about 7%
forecasted in revised fourth advance estimate of 1.97 lt. In 2013-14,
production was 3.46 lt. According to Dept of Commerce data, the
export of jeera during first 10 month of 2015-16 (Apr-Dec) is 64,430
tonnes, which is, lower as compared to last year. Jeera (cumin) exports
have been 1.55 lt in 2014-15. According to govt data, exports for 2015-
16 shows a decline trend compared to last year.

5. 5
Fundamental Watch : Chana
CHANA PRICES AT KEY SPOT MARKETNational Market Update
Imported tur increased by 5% to 9.95 thousand in the second week of March
in comparison to first week. Higher import hints uptrend to continue in the
market in coming weeks despite higher arrival in domestic markets. Good
demand has lent support to market fundamentals. Farmers have preferred to
release higher quantity at higher price and the flow is likely to continue as
demand for tur for processing is higher than normal. Despite higher domestic
arrival prices may rule firm as Burmese quotes stayed steady at $1140 per
tonne. Indian market trend follows Cnf trend for price. If Cnf quotes rules
higher, domestic price too would follow the trend.
According to the local trader of Kanpur region of Uttar Pradesh, new pea
crop start hitting the mandi. Moisture level is around 15-16 % and crop quality
is normal. Traders expect this year yield to be lower than last year. At present
arrival in the mandi are around 2000 bags per day with price range of Rs
2900-2925 per bag.
According to the local trader of Patna region of Bihar, new masoor start
hitting the market in small amount. Size of the grain is greater than last year
and moisture level is 4-5 %.Overall crop quality is good. Due to the favorable
weather condition yield per acre is around 12-15 quintal per acre this year as
compared to 7-8 quintal per acre last year. At present arrival is around 100-150
bags per day with price rangeof Rs 5400- 5500 per bag.
According to IBIS (provisional data), import of pulses in the week (07 Mar-
13 Mar) was around 53 Thousand tonnes at major ports in India, around 11%
lower than previous week’s (29 Feb-06 Mar) import of 60 Thousand tonnes.
Chana, Cow Pea, Kidney Bean, Masoor and Urad were imported lower this
week whereas Moong, Pigeon Pea, Green Pea and Yellow Pea were imported
higher as compared to last week.
CENTER 23-Mar-15 22-Mar-15 Change
AHMEDNAGAR 4350 4350 UNCH
ALWAR NA NA -
GWALIOR NA 4200 -
JAIPUR 4400 4400 UNCH
KANPUR NA 4800 -
NAGPUR NA NA -
VIJAYWADA Na 4700 -

6. Technical Outlook
6
SELL CORIANDER APR BELOW 6925 TARGET 6880 6730 SL
ABOVE 6990
SELL GUARGUM APRIL BELOW 6925 TARGET 6875 6805 SL
ABOVE 6985
SELL TURMERIC APRIL BELOW 8780 TARGET 8736 8676 SL
ABOVE 8840

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