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DAILY AGRI REPORT 17TH DECEMBER 2012

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 HEADLINES Quality arrivals lend colour to turmeric. Prices of both varieties of turmeric rose on account of quality arrivals and upcountry enquiries. Exporters have received some orders from North India and they are quoting increased price for the spice. The local traders also purchased good quantities. Stockists after verifying the samples have quoted increased price due to qualityhybrid variety” said R.K.V.

 Trading tip:

Sell RMSeed Jan Below 4090

Ravishankar,

President,

Erode

Turmeric

Merchants

Association. Soybean futures surge. Despite ongoing concerns about the strength of demand for U.S. corn at current elevated prices, prices rebounded

TGTS-4060/4030 SL- 4114

morning. The concurrent surge posted by the soybean market probably played a substantial role in the rise as did the slump suffered by the U.S. dollar, since such losses make American products cheaper for international clients

EXPERT OPINION

Sell Dhaniya Jan Below 5037 TGTS-5010/4980 SL-5061

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STOCK

S1

S2

R1

R2

CHANA

3,902

3,854

3,974

4,048

RM SEED

4,041

4,001

4,154

4,198

SOYABEAN

3,359

3,310

3,454

3,497

JEERA

15,224

15012

15,612

15,824

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PRODUCT NAME

EXP DATE

OPEN

HIGH

LOW

CLOSE

LTP

CHANA

7/19/2012

4556

4573

4525

4560

4532

PRODUCT CHILLI NAME

EXP DATE 7/19/2012

OPEN 5060

HIGH 5060

LOW 5018

CLOSE 5120

LTP 5018

CHANGE -102

Chana GUR

18-Jan-13 7/19/2012

3960.00 1188

3974.00 1188

3940.00 1178

3959 1183.5

3947 1178

-12 -5.5

-0.3 -0.46

Chilli JEERA

19-Apr-13 7/19/2012

6302.00 14955

6310.00 14960

6250.00 14650

6306 15052.5

6274 14800

-32 -252.5

-0.51 -1.68

Gur KAPAS

18-Jan-13 7/19/2012

1127.00 1044

1129.50 1053

1121.50 1035

1127.5 1049

1124 1041

-3.5 -8

-0.31 -0.76

Jeera PEPPER

20-Mar-13 7/19/2012

15462.50 42300

15507.50 15350.00 42555 42250

15445 42390

15352.5 42435

-92.5 45

-0.6 0.11

REFKapas SOYA

28-Feb-13 7/19/2012

997.00 780.5

1000.50 783.6

994 782.85

1000.5 781.3

6.5 -1.55

0.65 -0.2

SOYPepper BEAN

20-Feb-13 7/19/2012

34640.00 4309

34560 4303

34605 4315

45 12

0.13 0.28

Ref Soya TURMERIC Oil

18-Jan-13 7/19/2012

714.40 4600

717.80 4676

711.30 4518

711.25 4664

711.95 4540

0.7 -124

0.1 -2.66

Soy Bean WHEAT

18-Jan-13 7/19/2012

3417.50 1251

3443.00 1282

3391.50 1251

3398.5 1246

3399 1282

0.5 36

0.01 2.89

Turmeric

19-Apr-13

6200

6312

6200

6208

6226

18

0.29

Wheat New

18-Jan-13

1590

1593

1582

1589

1593

4

0.25

DAILY MARKET STATISTICS

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997.00 777.4

34750.00 34535.00 4330 4265.5

CHG

PERCENTAGE CHANGE

-28

-0.61 PERCENTAGE -1.99 CHANGE

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 DAILY SOYABEAN CHART

ANALYSIS OPEN: 3416 HIGH: 3443 LOW: 3391 CLOSE: 3399

SOYABEAN LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS

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 DAILY CHANA CHART

ANALYSIS OPEN: 3959 HIGH: 3974 LOW: 3940 CLOSE: 3947

CHANA LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: BUY ON DIPS

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DAILY AGRI REPORT BY EPIC RESEARCH- 17 DECEMBER 2012