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Monday, September 26, 2016

EPIC RESEARCH NCDEX UPDATE OF COTTON 26 SEPTEMBER 2016

Cotton trading range for the day is 19863-20923. Cotton prices dropped after government estimated higher production for 2016-17. However downside seen limited amid tight stock position on account of delay in arrivals of new crop due to rains in major producing belts of Gujarat. Cotton production is likely to double this year in Australia as rainfall is helping irrigators and dryland farmers to plant more cotton. Cotton prices in spot market dropped by 270.00 rupees and settled at 22930.00 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 26 SEPTEMBER 2016

Cardamom trading range for the day is 1117.4-1144.4. Cardamom prices dropped amid muted physical demand for cardamom in the domestic spot market. Further, sufficient supplies amid higher physical arrivals from the major cardamom producing regions too fuelled the downtrend. Cardamom output is likely to fall sharply this year due to adverse weather in all the producing areas of south India. Cardamom prices in spot market dropped by 6.10 rupees and settled at 1118.90 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

EPIC RESEARCH NCDEX UPDATE OF RAPE MUSTARD SEED 26 SEPTEMBER 2016

Rmseed trading range for the day is 4646-4762. Mustard seed prices ended with gains as demand for crushing from industrial buyers supported prices. Moreover, reports of timely rains relieve EU rapeseed crops after dry weather during sowing. NCDEX accredited warehouses mustard seed stocks dropped by 433 tonnes to 25380 tonnes. In Alwar spot market in Rajasthan the prices gained 25.75 rupees to end at 4926.25 rupees per 100 kg. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

EPIC RESEARCH NCDEX UPDATE OF MAIZE 26 SEPTEMBER 2016

Maize trading range for the day is 1537-1565. Maize gained tracking firmness in spot demand despite of weakness in overseas prices. U.S. farmers have made some progress across the Midwest in harvesting what is expected to be record large corn crop. NCDEX accredited warehouses maize stocks dropped by 11 tonnes to 2909 tonnes. In Nizamabad maize spot prices gained 40.25 rupees to 1926.65 rupees per 100kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 26 SEPTEMBER 2016

CPO trading range for the day is 565.7-603.7. Crude palm oil prices dropped taking negative cues from spot market on fall in demand. Palm oil imports by India fell for a fourth month in August dropped by 16% to 540,633 metric tons in August from a year earlier. Malaysia’s total palm oil stocks fell 17.29 per cent to 1.46 million tonnes in August against 1.77 million tonnes in the previous month. Crude palm oil prices in spot market dropped by 1.90 rupees and settled at 598.20 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

EPIC RESEARCH NCDEX UPDATE OF REFINED SOYA OIL 26 SEPTEMBER 2016

Ref.Soya oil trading range for the day is 648-676. Ref soyoil prices ended with losses on profit booking after prices gained on good demand for edible oil in domestic market. For second half of September government decreases the tariff value of crude soy oil compared to previous fortnight.
India's edible oil imports fell 8.4% to 1.25 mt in August, while cumulative imports in the first 10 months of the current oil year. At the Indore spot market in Madhya Pradesh, soyoil was steady at 662.55 rupees per 10 kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

EPIC RESEARCH NCDEX UPDATE OF JEERA 26 SEPTEMBER 2016

Jeera trading range for the day is 16840-17590. Jeera prices ended with losses due to limited demand from exporters. However downside seen limited following poor supplies due to fag-end of the season. NCDEX accredited warehouses jeera stocks dropped by 90 tonnes to 4178 tonnes.
In Unjha, a key spot market in Gujarat, jeera edged down by -122.75 rupees to end at 18000 rupee per 100 kg. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 26 SEPTEMBER 2016

Turmeric trading range for the day is 6760-7012. Turmeric prices gained on account of quality arrivals from the producing belts. Turmeric stocks are low this year because of weak output and arrivals have been falling in all the major producing centres. NCDEX accredited warehouses turmeric stocks dropped by 125 tonnes to 7069 tonnes. In Nizamabad, a major spot market in AP, the price ended at 7445 rupees gained 36.7 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co