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Friday, August 26, 2016

EPIC RESEARCH NCDEX UPDATE OF COTTON 26 AUGUST 2016

Cotton trading range for the day is 19580-20900. Cotton settled up as cotton production in Maharashtra is likely to fall by 10 to 15 per cent this year. Despite good spread of rains after a gap of 3-4 years, farmers sowed cotton only on 12.10 lh as on August 17. The Cotton Advisory Board has lowered the forecast and now estimates the output at 33.8 million bales for the current crop year Cotton prices in spot market dropped by 10.00 rupees and settled at 21920.00 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co


EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 26 AUGUST 2016

Cardamom trading range for the day is 1106-1209.Cardamom prices ended with losses due to fall in physical demand for cardamom in the domestic spot market. Further, abundant supplies amid higher physical arrivals from the major producing belts also weighed on cardamom prices. The country exports roughly 15-20 per cent of its total cardamom production, thus, next year exports may be around 3,500-4,000 tonnes. Cardamom prices in spot market dropped by 5.70 rupees and settled at 1063.60 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co




EPIC RESEARCH NCDEX UPDATE OF RAPE MUSTARD SEED 26 AUGUST 2016

Rmseed trading range for the day is 4592-4704. Mustard seed prices ended with losses tracking weakness in spot demand on hope of higher supply In India production of mustard seed is seen higher at 6.9 million ton compared to 6.3 million ton a year ago. NCDEX accredited warehouses mustard seed stocks dropped by 262 tonnes to 40100 tonnes. In Alwar spot market in Rajasthan the prices remains unchanged at0 rupees to end at 870 rupees per 100 kg. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co





EPIC RESEARCH NCDEX UPDATE OF MAIZE 26 AUGUST 2016

Maize trading range for the day is 1464-1520. Maize prices ended with gains tracking firmness in spot demand and overseas prices. From a net exporter, India had turned a net importer of corn this year on decline in domestic output and rising consumption. NCDEX accredited warehouses maize stocks gained by 20 tonnes to 10762 tonnes. In Nizamabad maize spot prices remains unchanged at0 rupees to 1500 rupees per 100kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co


EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 26 AUGUST 2016

CPO trading range for the day is 558-568.4. Crude palm oil ended with losses taking negative cues from spot market on sluggish demand. However, sharp fall in the oil prices was cushioned by robust demand following improved Malaysian palm oil export data.India's monthly palm oil imports fell to 570,051 tonnes in July, the lowest since February 2015.Crude palm oil prices in spot market dropped by 3.70 rupees and settled at 568.20 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co


EPIC RESEARCH NCDEX UPDATE OF REFINED SOYA OIL 26 AUGUST 2016

Ref.Soya oil trading range for the day is 646-658.Ref soyoil ended with losses taking cues from edible oil complex amid spurting expectation of higher production in global market. Food Minister Paswan recommended that duty difference between the crude and refined edible oils should be increased to 13% from 7.5%.U.S. July soybean crush fell to 143.715 million bushels from 145.050 million bushels in June, down by 1 percent m-o-m, according to NOPA.At the Indore spot market in Madhya Pradesh, soyoil was steady at 6084 rupees per 10 kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

EPIC RESEARCH NCDEX UPDATE OF JEERA 26 AUGUST 2016

Jeera trading range for the day is 17405-18575. Jeera prices ended with losses driven by easing demand in the spot market. Export of jeera fell 37 per cent in 2015-16 to 98,700 tonnes, also lower than the Spices Board's target of 100,000 tonnes. NCDEX accredited warehouses jeera stocks gained by 38 tonnes to 5664 tonnes. In Unjha, a key spot market in Gujarat, jeera remains unchanged at0 rupees to end at 18900 rupee per 100 kg. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co




EPIC RESEARCH NCDEX UPDATE OF TURMERIC 26 AUGUST 2016

Turmeric trading range for the day is 7262-7554. Turmeric gained on short covering after prices dropped on weak demand at the spot market. As per sources, production year 2015-16 started with carry-forward stocks of 1.4 lakh tonnes compared to 2.1 lakh tonnes in 2014-15. NCDEX accredited warehouses turmeric stocks dropped by 20 tonnes to 7541 tonnes. In Nizamabad, a major spot market in AP, the price ended at 1727.5 rupees remains unchanged at0 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co