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1. DAILY AGRI COMMODITY REPORT
26th AUGUST 2014
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2. DAILY WRAP UP
MONTH OPEN HIGH LOW CLOSE % CHG OI (in Lots) VOL
DHANIYA
SEP
12133
12194
12035
12170
-0.12
26420 6840
INTRADAY
LEVELS
SUPPORT
SUPP. 1
11739
SUPP. 2
11637
PIVOT
11803
RESISTANCE
RES. 1
11905
RES. 2
11969
Dhaniya short term trend
is down, and furthermore
down is expected in com-ing
days.
MONTH OPEN HIGH LOW CLOSE % OI (in VOL
CASTORSEED
SEP
4261
4275
4193
4244
-0.70
123480
44010
INTRADAY
LEVELS
SUPPORT
SUPP. 1
4137
SUPP. 2
4096
PIVOT
4171
RESISTANCE
RES. 1
4212
RES. 2
4246
Castorseed Short term trend
is down. Price expected to
go down in coming days
.
SOYABEAN
OCT. 3383 3397 3342 3366 -1.58 66120 78640
INTRA-DAY
LEVELS
SUPPORT
SUPP. 1
3340
SUPP. 2
3314
PIVOT
3369
RESIS-TANCE
RES. 1
3395
RES. 2
3424
Soybean price is in down
trend and may continue in
upcoming days.
GUARGUM
OCT. 17300 17340 16930 16930 -3.97 572 241
INTRADAY
LEVELS
SUPPORT
SUPP. 1
16480
SUPP. 2
16250
PIVOT
16940
RESISTANCE
RES. 1
17170
RES. 2
17630
Guargum Short term
trend is down, Expecting
price may go down in
coming days.
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3. FUNDAMENTAL AND MANDI REPORT
NCDEX INDICES
Index Value Pre. Close % Change
CASTORSEED
4177
4206
-0.69
CHANA
2861
2896
-1.21
CORIANDER
11842
11835
0.06
COTTON SEED OILCAKE
1766
1794
-1.56
JEERA
11075
11200
-1.12
MUSTARD SEED
3573
3494
2.26
SOYBEAN
3366
3420
-1.58
TURMERIC
6478
6610
-2.00
TOP LOSERS
SYMBOL EXPIRY DATE
CURRENT
PRICE
CHANGE
CHANGE
%
TURMERIC 19-09-2014 6478.00 -214.00 -3.20%
CHANA 19-09-2014 2861.00 -74.00 -2.52%
COTTON SEED OIL
CAKE AKOLA
19-09-2014 1766.00 -41.00 -2.27%
CASTOR SEED NEW 19-09-2014 4177.00 -89.00 -2.09%
JEERA 19-09-2014 11075.00 -195.00 -1.73%
TOP GAINERS
SYMBOL
EXPIRY
DATE
CURRENT
PRICE
CHANGE
CHANGE
%
RAPESEED-MUSTARD
SEED
19-09-2014 3573.00 125.00 3.63%
SUGAR M GRADE 19-09-2014 3045.00 7.00 0.23%
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4. COMMODITIES IN NEWS
TURMERIC
Turmeric prices fell by Rs 88 to Rs 6,522 per quintal in futures trade today as specula-tors
trimmed positions amid subdued demand against large stocks position. At the Na-tional
Commodity and Derivatives Exchange, turmeric for delivery in September con-tracts
fell Rs 88, or 1.33 per cent, to Rs 6,522 per quintal in open interest of 15,830 lots.
Likewise, the spice for delivery in October lost Rs 68, or 1 per cent, to Rs 6,760 per
quintal, with an open interest of 4,295 lots. the fall in turmeric prices at futures trade
was mostly attributed to reducing of positions by speculators following subdued de-mand
in the spot markets against adequate stocks. the short-term trend looks firm as
late monsoon has pushed back turmeric sowing in the top cultivating areas, raising con-cerns
about yields.
JEERA
Jeera prices fell by 0.66 per cent to Rs 11,260 per quintal in futures trading today as
speculators trimmed positions amidst subdued demand in the spot markets. At the Na-tional
Commodity and Derivatives Exchange, jeera for delivery in October drifted by
Rs 75, or 0.66 per cent, to Rs 11,260 per quintal with an open interest of 2,859 lots.
The September contract was down by Rs 70, or 0.63 per cent, to Rs 11,130 per quintal
in 7,629 lots. Market analysts said the fall in jeera prices in futures trade was mostly due
to subdued demand at spot market.
REF. SOYA OIL
Refined soya oil prices fell 1.52 per cent to Rs 571 per 10 kg in futures trading today as
speculators reduced positions amid sluggish demand in the spot market against ade-quate
stocks positions.At the National Commodity and Derivatives Exchange, refined
soya oil for delivery in October fell by Rs 8.80, The September contract traded lower by
Rs 8.25, or 1.34 per cent, to Rs 607.80 per 10 kg in 90,795 lots. Analysts said offloading
of positions by speculators, triggered by subdued demand in the spot market against
adequate stocks position.
ECONOMIC NEWS
Shri Radha Mohan Singh, Union Agriculture Minister laid the
foundation stone for the Saffron Park Project at Pampore Pulwama
in J&K on Saturday. The foundation stone ceremony was attended
by Shri Ghulam Hassan Mir, Minister for Agriculture, J&K, Shri
Nazir Ahmad Khan Gurezi, Minister of State for Agriculture, J&K,
Shri G.N. Ratanpuri, Member Parliament ( Rajya Sabha), Shri Za-hoor
Ahmad Mir, MLA Pampore, Shri Rajender Kumar Tiwari,
Managing Director, National Horticulture Board and Shri Asgar
Hassan Samoon, Commissioner, Agriculture Production Depart-ment,
J&K. The saffron park is being developed by National Horti-culture
Board, Ministry of Agriculture, Government of India under
National Saffron Mission at a cost of Rs 24.54 crores. While laying
the foundation stone, Shri Radha Mohan Singh mentioned that
horticulture is one of the most vibrant sectors for the economy of
J&K so, the state has come out with various missions with the sup-port
of Ministry of Agriculture, Government of India to improve
production, post harvest infrastructure and marketing and pro-mote
export of major commercial fruit crops.He mentioned that
programmes like Horticulture Mission for NE and Himalayan
States, vegetable initiatives for Urban Cluster, National Saffron
Mission have given a big boost for bringing horticulture develop-ment
in the state of J&K at a fast track. The Minister expressed
concern over the reports that area under Saffron cultivation in
Kashmir is declining from about 5707 hectares in 1996 to just 3875
hectares in 2010-11bringing down the production from 3.13 kg/
hectares to 2.47 kg/hectares in the last few years.
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5. FUNDAMENTAL AND MANDI REPORT
CASTORSEED
National Market Report
Downward pressure continued to dominate cash market on
Monday. Lower demand in declining market and 49.18 percent
higher area coverage till 22,August against last years’ corre-sponding
period drove market down. With considerable im-provement
in area inner tone has weakened and pressure is
likely to continue in ongoing week. Area coverage till 22nd
August has been registered at 7.31 lakh ha., higher than last yea
(4.90 lakh ha.) till date. Normal area for whole kharif season is
10.37 lakh ha. Area under castor seed is likely to increase at
least by 9 to 10 percent from 9.83 to 10.54 lakh ha. in 2014-15.
Almost 70 percent of normal area has been covered so far.
International Update
FoB quote for castor oil at Kandla has increased from $1440 to
$1445 for export in last three days. Price has increased almost
$10 per tonne today despite lower quotes for seed. Buyers like
China,EU and Japan may enter in to the market in second half
of August for bulk buying. Demand for castor meal continues
from EU, USA and China. However, recent dip has slowed
down fresh deal for the same. As buyers remain inactive FOB
price is bound to stay steady in the third week of August. Ex-port
quote for meal increased slightly by $2 to $108 per tonne
today. Price of castor oil in Rotterdam too has increased from
$1705to $1725 per metric tonne during last one week.
STOCK POSITION AT NCDEX WAREHOUSES
CENTER
25-Aug-14
23-Aug-14
%Change
SUMERPUR
3870
3900
JODHPUR
3800
3800
RAJKOT
NA
3980
PATAN
4065
4105
MARKET
20-Aug-14
19-Aug-14
DEESA
NA
4120
MADHYA
PRADESH
22000
20000
GONDLAL
NA
3630
MAHARASTRA
3000
8000
-30
UNCH
-
-40
-
-
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6. SPOT QUOTES
COMMODITY NAME LOCATION PRICE
Bajra Jaipur 1245
Barley Jaipur 1490
Castor Seed Disa 4252.25
Castor Seed 1 MT Disa 4252.25
Chana Bikaner 2810
Chana Delhi 2925
Chana Indore 2944.55
Chana 1 MT Delhi 2925
Chilli Guntur 7366.65
Chilli Teja Khammam 10373.3
Coriander Kota 11312.5
Cotton Kadi 19122.6
COMMODITY NAME LOCATION PRICE
Cotton Seed Oilcake Akola 1831.65
Cotton Seed Oilcake Kadi 1837.2
Guar Gum Jodhpur 16386.1
Guar Seed 10 MT Jodhpur 5915.65
Guarseed Jodhpur 5915.65
Guarseed Bikaner 5925
Gur Muzaffar Nagar 1141.15
Jeera Unjha 11245
Mustardseed Jaipur 3668.9
Mustardseed Alwar 3713
Pepper Kochi 71918.15
Polyvinyl Chloride Mumbai 74494
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