WEEKLY AGRI REPORT
27TH AUGUST 2012
Pepper falls on weak exports; jeera up
Pepper futures fell on Friday due to a decline in the
overseas sales, though slack domestic supplies and
dwindling stocks restricted the fall.
Indian-origin pepper is offered at a premium of $800-
$1,200 per tonne in the global market compared to
Mentha oil futures up 2 pc on industrial
Buy Jeera above
Mentha oil prices moved up by Rs 26.80 to Rs 1,346.90
16500 for target per kg in futures trade today as traders created fresh
positions influenced by pick-up in industrial demand
STOCK S1 S2 R1 R2
CHANA 4683 4468 5009 5120
RM SEED 4263 4107 4508 4597
SOYABEAN 4655 4246 5268 5472
JEERA 15297 14465 16779 17429
PRODUCT EXP DATE OPEN HIGH LOW CLOSE LTP CHG PERCENTAGE
WEEKLY MARKET ANALYSIS
CHANA 7/19/2012 4556 4573 4525 4560 4532 -28 -0.61
CHILLI 7/19/2012 5060 5060 5018 5120 5018 -102 -1.99
Soybean traded steady to higher major spot markets of Madhya Pradesh and Maharashtra Thursday on
GUR 7/19/2012 1188 1188
firmness in futures market and report of crop damage in parts of Madhya Pradesh. -5.5 bean traded at
1178 1183.5 1178 Soy -0.46
Rs 4,000-4,525 per 100 kg in the major markets of Madhya Pradesh and at Rs 4,000-4,700 per 100 kg in
JEERA Arrival stood 14955
Maharashtra.7/19/2012 14650 15052.5
at 15,000 14960in MP and 5,000 bags in Maharashtra and 3,000-1.68 in
bags 14800 -252.5 bags
Rajasthan. On NCDEX October soybeans closed unchanged and November contract gained by 0.25% as
traders accumulated long positions at lower levels. 1035
KAPAS 7/19/2012 1044 1053 1049 1041 -8 -0.76
PEPPER 42300 42555 42250 42390 42435 45 0.11
Mustard seed prices across the exchanges traded higher as traders liquidated shorts at lower levels .
REF SOYA 7/19/2012 780.5 783.6 777.4 782.85 781.3 -1.55 -0.2
Roll over of positions was witnessed. The benchmark September contract gained by 0.86% and the gain
in close price and gain in open interest suggests short covering. The spot market witnessed arrival of
SOY BEAN 7/19/2012 4309 4330
56000 bags against 62000 bags in last week. 4265.5 4303 4315 12 0.28
TURMERIC soy prices traded marginally higher tracking international 4540
4600 4676 4518 4664 market.Positive International
market outlook too supportive in the near term. Soy meal ended lower as traders liquidated longs.
Malaysian crude palm oil futures were almost flat after hitting a one-month high earlier, with traders
WHEAT 7/19/2012 1251 1282 1251 1246 1282 36 2.89
turning a little cautious as the worst drought in the U.S. Midwest in 56 years pushes oilseed prices
Coriander offered down Rs 100 a quintal in Kota on Saturday. Moreover, it traded weak in futures
too. Coriander Badami loose new quoted at Rs. 3,600 per quintal, eagle loose at Rs.3,800 per
quintal. New scooter variety sold at Rs. 4,000 per quintal. Total arrival in Rajasthan reported around
1,500 bags and 2000 bags at Ramganj and arrival at Baran reported around 1,000 bags and 700 bags
at Guna in MP and 1,000 bags and 800 bags at Kumbhraj. (each bag=40 kg)
WEEKLY SOYABEAN CHART
SOYABEAN LOOKS BULLISH
STRATEGY: BUY ON DIPS.
WEEKLY CHANA CHART
CHANA LOOKS BEARISH
STRATEGY: SELL ON RISE
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