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DAILY AGRI COMMODITY REPORT 
26th AUGUST 2014 
Our Presence 
Epic Research India 
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2 RNT Marg. Opp Cental Mall 
Indore (M.P.) 
Hotline: +91 731 664 2300 
Alternate: +91 731 664 2320 
Or give us a missed call at 
026 5309 0639 
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Cell: +1 704 249 2315 
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All queries should be directed to 
Info@epicresearch.co 
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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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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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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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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 
- 
- 
YOUR MINTVISORY Call us at +91-731-6642300 
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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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RECOMMENDATIONS 
DHANIYA (SEP.) GUARGUM (OCT.) 
SELL DHANIYA BELOW 11760 TGT 11730-11680 SL 11810 
BUY DHANIYA ABOVE 11870 TGT 11900-11950 SL 11820 
SELL GUARGUM BELOW 16650 TGT 16600-16500 SL 16740 
BUY GUARGUM ABOVE 17170 TGT 17220-17320 SL 17080 
CASTORSEED (SEP.) SOYABEAN (OCT.) 
SELL CASTORSEED BELOW 4130 TGT 4100-4050 SL 4180 
BUY CASTORSEED ABOVE 4205 TGT 4235-4285 SL 4155 
SELL SOYBEAN BELOW 3335 TGT 3305-3255 SL 3385 
BUY SOYBEAN ABOVE 3385 TGT 3415-3465 SL 3335 
YOUR MINTVISORY Call us at +91-731-6642300 
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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 re-sponsibility 
(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 es-timates 
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 ex-pressed 
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. 
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Daily agri report by epic research 26 aug 2014

  • 1. DAILY AGRI COMMODITY REPORT 26th AUGUST 2014 Our Presence Epic Research India 411 Milinda Manor (Suites 409- 417) 2 RNT Marg. Opp Cental Mall Indore (M.P.) Hotline: +91 731 664 2300 Alternate: +91 731 664 2320 Or give us a missed call at 026 5309 0639 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 YOUR MINTVISORY Call us at +91-731-6642300 Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
  • 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. YOUR MINTVISORY Call us at +91-731-6642300 Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
  • 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% YOUR MINTVISORY Call us at +91-731-6642300 Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
  • 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. YOUR MINTVISORY Call us at +91-731-6642300 Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
  • 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 - - YOUR MINTVISORY Call us at +91-731-6642300 Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
  • 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 YOUR MINTVISORY Call us at +91-731-6642300 Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
  • 7. RECOMMENDATIONS DHANIYA (SEP.) GUARGUM (OCT.) SELL DHANIYA BELOW 11760 TGT 11730-11680 SL 11810 BUY DHANIYA ABOVE 11870 TGT 11900-11950 SL 11820 SELL GUARGUM BELOW 16650 TGT 16600-16500 SL 16740 BUY GUARGUM ABOVE 17170 TGT 17220-17320 SL 17080 CASTORSEED (SEP.) SOYABEAN (OCT.) SELL CASTORSEED BELOW 4130 TGT 4100-4050 SL 4180 BUY CASTORSEED ABOVE 4205 TGT 4235-4285 SL 4155 SELL SOYBEAN BELOW 3335 TGT 3305-3255 SL 3385 BUY SOYBEAN ABOVE 3385 TGT 3415-3465 SL 3335 YOUR MINTVISORY Call us at +91-731-6642300 Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
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