Sie sind auf Seite 1von 6

DAILY AGRI COMMODITY REPORT

20 December 2016

Our Presence
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

YOUR MINTVISORY

HNI & NRI Sales Contact Australia


Mintara Road, Tarneit, Victoria. Post Code 3029
Phone.: +61 422 063855

Toll Free Number


1-800-200-9454
All queries should be directed to
Info@epicresearch.co

HNI & NRI Sales Contact USA


2117 Arbor Vista Dr. Charlotte (NC)
Cell: +1 704 249 2315

Call us at +91-731-6642300

Market Views
MONT
H

OPEN

HIGH

CLOS
E

LOW

% CHG

VOL

MONT
H

OPEN

HIGH

7725

7906

7717

SUPPORT

SUPP.1

SUPP. 2

7674

7601

7747

PIVOT

INTRADAY
LEVELS

7790
RESISTA
NCE

RES. 1

RES. 2

7863

7979

0.92

5360

Coriander short term


trend is bearish and May
continue in coming days.

SUPPORT

SUPP. 1

SUPP. 2

6970

6970

6776

SUPPORT

SUPP.1

SUPP. 2

6739

6661

RES. 1

RES. 2

7933

7049

RES. 1

RES. 2

GUARGUM

6818

6855
RESISTA
NCE

VOL

LEVELS

RESISTA
NCE

PIVOT

INTRADA
Y LEVELS

% CHG

PIVOT

INTRADAY

TURMERIC

DEC

CLOS
E

CASTORSEED

CORIANDER

DEC

LOW

-2.52

2460

Turmeric short term


trend is bearish and May
continue in coming days.

DEC

6142

6168

6050

SUPPORT

SUPP. 1

SUPP. 2

6021

5976

6065

PIVOT

INTRADAY
LEVELS

6094

RESISTA
NCE

RES. 1

RES. 2

6139

6212

-1.04

5145

Guargum short term


trend is bearish and May
continue in coming days.

Most Active Contract


NCDEX INDICES
TOP GAINERS
Symbol

Expiry Date

Current Price

Change

Change %

CORIANDER

20-12-2016

7704.00

192.00

2.56%

COTTON SEED OIL CAKE


AKOLA

20-12-2016

1959.00

24.00

1.24%

BARLEY

20-12-2016

1855.00

18.00

0.98%

Index

Value

Pre.
Close

%
Change

Castorseed

Chana

Coriander

7704

7533

2.27

Guargum5MT

6003

6093

-1.48

Jeera

17810

18050

-1.13

Mustard seed

4510

4594

-1.83

TOP LOSERS
Symbol

Expiry Date

Current Price

Change

Change %

RAPESEED-MUSTARD
SEED

20-12-2016

4510.00

-156.00

-3.34%

GUAR SEED 10 MT

20-12-2016

3186.00

-109.00

-3.31%

TURMERIC

19-05-2017

6820.00

-232.00

-3.29%

Soybean

2987

3013

-0.86

JEERA

20-12-2016

17810.00

-425.00

-2.33%

Turmeric

7126

7254

-1.76

Commodities In News
ECONOMIC NEWS
Coriander futures edged higher on NCDEX as speculators built up
fresh positions, tracking a firming trend at spot market following
improved domestic as well as export demand. Besides, restricted
supplies from major growing belts also added support to coriander
prices uptrend. The contract for December delivery was trading at Rs
7740.00, up by 2.75% or Rs 207.00 from its previous closing of Rs
7533.00. The open interest of the contract stood at 1140.00 lots. The
contract for January delivery was trading at Rs 7873.00, up by 2.57%
or Rs 197.00 from its previous closing of Rs 7676.00. The open interest
of the contract stood at 10120.00 lots on NCDEX.
Turmeric futures traded lower on NCDEX as damage to the turmeric
crop in recent rains is not significant and expected a good crop next
season from the producing regions. Though, some losses were capped
on rising upcountry demand at the spot market. The contract for April
delivery was trading at Rs 6920, down by 1.06% or Rs 74 from its
previous closing of Rs 6994. The open interest of the contract stood at
11570 lots on NCDEX.

Sugar production in the country rose by 11 per cent to 53.29 lakh tonnes
till December 15 in the 2016-17 season that started from October, but sales
were down owing to demonetisation, industry body ISMA said today.
Sugar output stood at 47.93 lakh tonnes in the same period last year, it said
in a statement. The government has pegged the sugar output at 225.21 lakh
tonnes for 2016-17 season (October-September). As per the latest data
released by the Indian Sugar Mills Association (ISMA), as many as 440
sugar mills were crushing cane till December 15 in the current season.
There was 11 per cent increase in the overall output in the said period on
account of Uttar Pradesh and Karnataka, while the production in
Maharashtra and other states remained lower, ISMA said. Uttar Pradesh,
the second biggest sugar producer, produced 17.66 lakh tonnes of the
sweetener as against 8.52 lakh tonnes in the same period last year.
Karnataka mills produced 11 lakh tonnes as against 10.29 lakh tonnes,
while Tamil Nadu 75,000 tonnes as against 60,000 tonnes in the said
period.

Soyabean futures traded marginally higher on NCDEX on account of


good crushing demand from the mills. However, some gains were
capped by improving supplies in the domestic market and as Soybean
Processors Association of India (SOPA) forecasted soybean production
in 2016-17 at 114.91 lakh tonnes against 70 lakh tonnes last year. The
contract for December delivery was trading at Rs 3016, up by 0.1% or
Rs 3.00 from its previous closing of Rs 3013. The open interest of the
contract stood at 10440 lots. The contract for January delivery was
trading at Rs 3053, up by 0.2% or Rs 6.00 from its previous close of Rs
3047. The open interest of the contract stood at 135910 lots on
NCDEX.

Winter crop planting increased by 10% in the last one week, data from
the agriculture ministry shows. Till Friday, rabi crop planting was
completed on 519.27 lakh hectares, up from 472.43 lakh hectares at the end
of the previous week. The acreage under rabi crop is 6% more than a year
ago when it was 490.48 lakh hectares. Rabi planting is expected to
continue till the month end. The government has set a rabi-season crop
planting target of 638.37 lakh hectares. So far, 81% of it has been
completed. The area under pulses, oilseeds and wheat, too, are higher than
the previous year as of now, while area under coarse cereals and rice
plantation is less. Water levels in key reservoirs are higher than a year ago,
according to the Central Water Commission that monitors 91 major
reservoirs in the country. The reservoirs collectively held 98.32 billion
cubic metres of water, 27% more than a year ago, suggesting better
availability of water for winter crops. The water level, however, was 2%
less than the 10-year average.

Technical Outlook

SELL CORIANDER JANBELOW 7775 TARGET 7725 7665 7595


SL ABOVE 7805

SELL GUARGUM5 JAN BELOW 6045 TARGET 5995 5935 5885


SL ABOVE 6095

BUY TURMERIC 20APR ABOVE 7035 TARGET 7090 7130 7180


SL BELOW 6987

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.