Daily Agri Reports
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“Agricultural commodity”, as used in this subchapter, means wheat, cotton, flax, corn, dry beans, oats, barley, rye, tobacco, rice, peanuts, soybeans, sugar beets, sugar cane, tomatoes, grain sorghum, sunflowers, raisins, oranges, sweet corn, dry peas, freezing and canning peas, forage, apples, grapes, potatoes, timber and forests, nursery crops, citrus, and other fruits and vegetables, nuts, tame hay, native grass, aquacultural species (including, but not limited to, any species of finfish, mollusk, crustacean, or other aquatic invertebrate, amphibian, reptile, or aquatic plant propagated or reared in a controlled or selected environment), or any other agricultural commodity, excluding stored grain, determined by the Board, or any one or more of such commodities, as the context may indicate.
Transcript of Daily Agri Reports
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17-07-2015
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COMMODITY OPEN HIGH LOW CLOSE
CASTORSEED 4024 4043 3999 4036
DHANIYA 11760 11966 11745 11934
TURMERIC 7594 7608 7340 7410
RMSEED 4220 4275 4195 4271
JEERAUNJHA 16200 16255 16030 16150
MENTHAOIL 1013.00 1019.00 982.00 988.30
SYBEANIDR 3490 3550 3490 3533
CHANA 4474 4632 4445 4632
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Ref. Soya oil tracking weak spot demand as investors
expecting robust soy oil export for a month of June. The
domestic demand for oilmeals has reduced adding to the
woes of the industry. Capacity utilization is at the lowest
and many plants are close down due to disparity in crushing.
Soybean oil meal exports dropped to 2,098 tons in June
compared to 2,637 tons for the corresponding period a year
earlier, data from SEA of India showed.
Jeera surge in supply from the producing regions in the
midst of decline in the export demand. Currently, the traders
and stockist are active in the spot market to serve the
demand from the domestic market. There is expectation of
revival of export demand on short supply. As per third
advance estimate of Gujarat State, production is expected at
1.58 lakh tonnes in 2014-15, which is 54.3 per cent lower,
compared to last years production of 3.46 lakh tonnes.
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CHANA TECHNICAL UPDATE
NCDEX JEERA AUG 2015
RESEARCHER VIEW
The above Daily chart of JEERA suggests that prices have reverse after
taking resistance level. RSI is in a sell mode. We expect prices to correct up
to levels of 16000.
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JEERA TECHNICAL UPDATE
NCDEX RMSEED AUG 2015
RESEARCHER VIEW
The above Daily chart of RMSEED suggests that prices have reverse after
taking resistance level. RSI is in a BUY mode. We expect prices to correct
up to levels of 4304.
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The information contained here was gathered from sources deemed
reliable however; no claim is made as to accuracy or content. This does
not contain specific recommendations to buy or sell at particular prices
or time, nor should any examples presented be deemed as such. There is
a risk of loss in commodity trading and you should carefully consider
your financial position before making a trade. This is not, nor is it
intended, to be a complete study of chart patterns or technical analysis
and should not be deemed as such. Money Classic Investment Advisors
does not guarantee that such information is accurate or complete and it
should not be relied upon as such. Any opinions expressed reflect
judgments at this date and are subject to change without notice. For use
at the sole discretion of the investor without any liability on Money
Classic Investment Advisors.
MONEY CLASSIC INVESTMENT ADVISORS
WEBSITE- WWW.MONEYCLASSIC RESEARCH.COM
EMAIL- [email protected]
CONTACT NO. - (M) 9049777700
