VIEWS: 0 PAGES: 2 POSTED ON: 4/14/2014
Weekly Agri Market News By Epic Research 14th APRIL 2014 http://www.ListFree.org/103005-weekly-agri-market-news-by-epic-research-14thapril-2014.html CORIANDER FUTURE Coriander futures extended gains on improved domestic demand amid better quality spice in physical markets. Sentiment also improved on concerns over a fall in the final output due to crop damage in Rajasthan and Madhya Pradesh. JEERA FUTURE Jeera futures are expected to trade lower due to selling pressure as arrivals of the new crop are rising sharply in spot markets. The off take is likely to remain limited due to expectation of high output on significant rise in sowing. However, expectations of pick up in export may limit sharp fall in prices. As per the latest data by Gujarat Agriculture Board, total acreage of jeera in the state has been increased by 1.05 lakh hectares from the last year to 4.54 lakh hectares. Traders estimated that total production of jeera is likely to increase by 10 lakh bags to around 46 lakh bags in the current year. MENTHA OIL FUTURE In menthaoil no major domestic demand and export cues are being noticed. beside this, the change in the arrivals pattern is further weighing on market sentiments. As the sowing is close to completion, farmers are willing to offload their holding stocks. However, concerns over the carryover stocks are still persisting because most of the carry forward stocks are with local stockists who are reluctant to sell their stocks due to the current price trend. We feel that the increase in supply from farmers coupled with the sluggish demand might pressurize mentha oil prices further. CARDAMOM FUTURE Cardamom futures may trade with a positive bias on firm overseas demand . Meanwhile, strong arrivals likely to limit sharp rise in prices. As per market source,the Spices DHANIYA FUTURE BUY DHANIYA MAY ABOVE 9680 TGTS 9780,9880 SL 9530 SELL DHANIYA MAY BELOW 9490 TGTS 9390,9290 SL 9640 Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Intraday Tips, Stock Futures Tips, NSE Tips, BSE Tips, COMEX Tips, NCDEX Tips. Share Tips We provide services in equity, commodity and Forex market. Keywords: Bullion Tips, Crude Oil Tips, Equity Tips, Equity Tips Provider, mcx gold tips, MCX Silver TIps, MCX Tips, MCX Trading Tips, Stock Tips, Trading on Equity
"Weekly Agri Market News By Epic Research 14th APRIL 2014"