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Friday, July 03, 2015

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 03 JULY 2015

Menthaoil trading range for the day is 1015.3-1093.3.

Menthaoil spot is at 1128/-. Spot market is up by Rs.3/-.

Mentha oil prices gained as reports of lower production this season supported prices.

Farmers are preparing field for new crop in major regions of Uttar Pradesh, Bihar and Haryana.

At Chandausi market arrivals were reported at 50 Drums(1-drum-180kg), up by 30 Drums(1-drum-180kg) as compared to previous day.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 03 JULY 2015

Soyabean trading range for the day is 3569-3675.

Soyabean prices ended with losses led by higher supplies in the market.

The USDA had reported US June 1st Soybean stocks at 625 million bushels, which stood below the average trade estimate of 670 million.

Timely arrival of the South-West monsoon in the key soyabean growing regions of central India has boosted planting of the oilseed.

At the Indore spot market in top producer MP, soybean dropped -21 rupee to 3595 rupee per 100 kgs.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co

EPIC RESEARCH NCDEX JEERA UPDATE OF 03 JULY 2015

Jeera trading range for the day is 15585-16805.

Jeera prices ended with gained amid short covering after prices dropped coupled with sufficient supplies of lower quality jeera in the spot market.

Currently, the traders and stockist are active in the spot market to serve the demand from the domestic market as exports demand dwindles.

NCDEX accredited warehouses jeera stocks dropped by 15 tonnes to 20176 tonnes.

In Unjha, a key spot market in Gujarat, jeera edged down by -200 rupees to end at 16800 rupee per 100 kg.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 03 JULY 2015

Turmeric trading range for the day is 6910-7550.

Turmeric prices ended with gains amid arrivals of good quality turmeric but demand from north Indian is still awaited.

There is a sufficient carryover stocks in domestic market to service the domestic demand.

NCDEX accredited warehouses turmeric stocks dropped by 10 tonnes to 14429 tonnes.

In Nizamabad, a major spot market in AP, the price ended at 7290 rupees gained 15 rupees.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co 

EPIC RESEARCH NCDEX REF.SOYA OIL UPDATE OF 03 JULY 2015

Ref.Soya oil trading range for the day is 581-589.

Ref soyoil prices settled flat due to higher arrivals of the oil in month of May following robust imports data.

Vegetable oil imports in May were 33 per cent higher than in the corresponding month last year.

India soybean oil imports more than doubled in May after local demand of edible oils rose due to lack of domestic crushing.

At the Indore spot market in Madhya Pradesh, soyoil was steady at 605.9 rupees per 10 kgs.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 03 JULY 2015

CPO trading range for the day is 443-449.4.

Crude palm oil prices ended with gains due to short covering and on improved export demand.

Palm oil prices were also up on improvement in demand following robust Malaysia palm oil export data.

Malaysia palm oil exports in June jumped 9.03% compared to a month earlier on improved demand European Union, India and Pakistan.

Crude palm oil prices in spot market dropped by 0.60 rupees and settled at 447.00 rupees.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co 

EPIC RESEARCH NCDEX MAIZE UPDATE OF 03 JULY 2015

Maize trading range for the day is 1192-1270.

Maize prices seen supported tracking firmness in spot demand and overseas prices supported by lower U.S. stocks.

The U.S. Department of Agriculture shocked markets when it reported that corn stocks as of June 1 were 2 percent smaller than expected.

NCDEX accredited warehouses maize stocks dropped by 672 tonnes to 16464 tonnes.

In Nizamabad maize prices gained 1.4 rupee to end at 1329.6 rupees per 100 kg.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co

Thursday, July 02, 2015

EPIC RESEARCH NCDEX RM SEED UPDATE OF 02 JULY 2015

Rmseed trading range for the day is 4264-4344.

Mustard seed prices ended with gains tracking firmness in spot demand amid supply concerns.

According to latest USDA report, global rapeseed production is forecast to decline 3.5 million tons in 2015/16.

NCDEX accredited warehouses mustard seed stocks gained by 80 tonnes to 63741 tonnes.

In the Alwar spot market in Rajasthan the price gained 23.95 rupee to 4321.55 rupees per 100kgs.

For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co