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									                      WEEKLY AGRI REPORT
                      3RD DECEMBER 2012

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                       HEADLINES

                       Mixed trend in spices futures price

                        Mixed conditions developed on the local kirana market
                        today as select spices rose on the back of pick up in demand
                        while a few others remained weak on adequate supplies.
                        Market men said rising demand due to marriage season led
                        to rise in in select spices. Adequate supplies positions
                        against lack of buying support mainly helped other spices
                        to trade lower, they said. In the national capital, cardamom
                        small varieties such as chitridar, color robin, bold and extra
    TRADING TIP:       bold were up by Rs 5 each to Rs 745-845, Rs 745-885, Rs
                        735-795 and Rs 925-1,045 per kg respectively. Dhania
  SELL TMC DEC         moved up by Rs 100 to Rs 6,900-9,400 per quintal.

   BELOW 4878
   4838/4818 TGTS
   SL-4928                             EXPERT OPINION
                            STOCK         S1        S2       R1          R2
                            CHANA        4027      3960     4228        4362
   710 TGT
                           RM SEED       4063      4009     4198        4279
   698/694 SL 725         SOYABEAN       3033      2961     3235        3365

                            JEERA       13929     13752     14434      14762

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                         WEEKLY MARKET ANALYSIS
PRODUCT EXP DATE            OPEN       HIGH      LOW        CLOSE        LTP      CHG      PERCENTAGE
  Pepper
 NAME                                                                                        CHANGE

    Pepper futures declined due to higher production prospects and sluggish export demand.
    According to IPC, during Jan-Sep 2012, total import of pepper into the United States was
 CHANA       7/19/2012     4556     4573      4525      4560       4532      -28      -0.61
    41923 tonnes, as against 52489 tonnes in the same period last year. Import of black pepper
    decreased significantly506026 percent. Import of white pepper also decreased at smaller rate,
 CHILLI      7/19/2012              5060      5018      5120       5018     -102      -1.99
    while for ground pepper increased marginally. Indonesia remained the major supplier of black
  GUR white pepper to the US market. India was the 1183.5 source, supplying 4275 tonnes (47
             7/19/2012     1188     1188      1178      main       1178     -5.5      -0.46
 JEERA       7/19/2012     14955      14960      14650     15052.5      14800     -252.5      -1.68
   Chilli

    Chilli futures may continue to rise due to1035
 KAPAS      7/19/2012    1044       1053       expectation of improvement in domestic demand
                                                        1049      1041     -8       -0.76
      and export orders from Bangladesh and Sri Lanka. As per the Minister of State for Commerce
 PEPPER Industry, Government has approved 42250
              7/19/2012      42300    42555     establishment of a Spice park 45 Guntur, Andhra
                                                          42390        42435      at        0.11
      Pradesh at a cost of Rs.23 crore to empower the chilli farmers to have better price realization
REF SOYA wider markets for their produce. The Government of Andhra Pradesh had -0.2
              7/19/2012      780.5    783.6     777.4     782.85       781.3    -1.55        allocated
      124.78 acres of land in favour of Spice Board, for setting up of this Spices Park. The
      installation of the plant & machinery for 4265.5
SOY BEAN      7/19/2012      4309     4330      processing 4303         in progress and the 0.28 for
                                                           of Chilli is4315       12        target
      completion of the project is December, 2012
TURMERIC     7/19/2012      4600       4676      4518        4664       4540      -124        -2.66
   Turmeric

    Turmeric prices fell by 1.21 per cent to 12514,916 per quintal in futures trading 2.89
 WHEAT    7/19/2012      1251      1282      Rs        1246      1282      36          today as
     speculators offloaded their positions largely due to adequate supplies against subdued
     demand in the local market. At the National Commodity and Derivatives Exchange, turmeric
     for delivery in December fell by Rs 60, or 1.21per cent, to Rs 4,916 per quintal with an open
     interest of 15,380 lots. Similarly, the spice for delivery in April shed Rs 14, or 0.25 per cent, to
     Rs 5,530 per quintal in a trade volume of 8,175 lots.


     Jeera prices moved down by Rs 142.50 to Rs 14,170 per quintal in futures trade today on
     ample supplies in the spot market against sluggish demand. At the National Commodity and
     Derivatives Exchange, jeera for delivery in December moved down by Rs 142.50, or 1.00 per
     cent, to Rs 14,170 per quintal with an open interest of 12,621 lots. Similarly, the spice for
     delivery in the March contract traded lower by Rs 65, or 0.42 per cent, to Rs 15,265 per
     quintal in 9,018 lots.

     www.epicresearch.co                                                            9752199966
                          WEEKLY SOYABEAN CHART

OPEN: 3284
HIGH: 3293
LOW: 3091
CLOSE: 3106


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                          WEEKLY CHANA CHART

OPEN: 4255
HIGH: 4295
LOW: 4094
CLOSE: 4094


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