NCDEX MARKET TIPS | TODAY AGRI COMMODITY MARKET UPDATE REPORT 30 DEC 2016

AGRI   COMMODITY MARKET OUTLOOK

Mentha oil prices drifted further as offloading of positions by participants owing to slackened demand from consuming industries in spot market against ample stocks kept Mentha oil prices lower.

Crude palm oil prices edged up as fresh positions built up by participants due to uptick in demand in spot market against fall in supplies from producing regions which led to rise in crude palm oil prices.

Indian soyoil futures as weaknesses in abroad market reduced after it pared early gains to close lower. Malaysian palm oil futures eased on dipping after two sessions of gains on year-end profit-taking and in line with declines in rival soyoil.

NCDEX Market update:-

JEERA

PP- 17565

R1- 17750                                              S1-17450

R2- 17900                                              S2-17300

TURMERIC

PP- 6804

R1- 6870                                                 S1-6750

R2- 6950                                                 S2-6690

CORIANDER

PP- 7381

R1- 7400                                                  S1-7335

R2- 7440                                                  S2-7300

SOYBEAN

PP- 3024

R1- 3040                                                 S1-3000

R2- 3055                                                 S2-2980

MUSTERED OIL

PP- 4301

R1- 4330                                                S1-4280

R2- 4370                                                S2-4250

GAUR SEED

PP- 3238

R1- 3270                                                 S1-3200

R2- 3320                                                 S2-3150

TODAY AGRI COMMODITY MARKET NEWS & LEVEL UPDATE 28 DEC 2016.

AGRI   COMMODITY MARKET OUTLOOK

Ref soyoil gained tracking firmness in spot demand on expectation of good domestic soy crushing demand.

Mentha oil prices gained amid pick-up in demand in the domestic spot market.

Soyabean prices ended with losses on profit booking after prices gained on increasing demand in export market.

Chana prices dropped on profit booking amid government initiatives to check rising prices and availability of pulses Turmeric settled up on short covering after prices dropped as market is expecting a good crop this season.

Jeera prices ended with gains tracking good demand in the physical market.

NCDEX Market update:-

JEERA

PP- 17465

R1- 17575                                              S1-17305

R2- 17735                                              S2-17196

TURMERIC

PP- 6774

R1- 6850                                                 S1-6720

R2- 6930                                                 S2-6660

CORIANDER

PP- 7439.5

R1- 7480                                                  S1-7374

R2- 7545                                                  S2-7323

SOYBEAN

PP- 3023

R1- 3042                                                 S1-2997

R2- 3168                                                 S2-2978

MUSTERED OIL

PP- 4333

R1- 4373                                                S1-4266

R2- 4440                                                S2-4226

GAUR SEED

PP- 3229

R1- 3260                                                 S1-3175

R2- 3290                                                 S2-3120

NCDEX TIPS | AGRI COMMODITY MARKET NEWS & LEVEL (SUPP. & RESIST.) UPDATE 27 DEC 2016.

AGRI   COMMODITY MARKET OUTLOOK

For India, USDA estimates 2016/17 soybean production 1.8 mt higher this month to 11.5 mt based on reports of better than expected yields. As a consequence, Indian soybean meal exports in 2016/17 could recover to 1.8 mt.

We expect Soybean prices to trade higher on on low level buying by the market participants coupled with good crushing demand from the mills may support prices from lower levels. Soybean prices may trade in a tight range during the peak arrival season in December and January.

We expect Jeera futures to trade higher as physical demand from the stockists and traders improve. However, the reports good sowing progress and lower demand at higher levels may be negative for the prices.

We expect turmeric to trade sideways as new season turmeric is hitting the physical market. Moreover, the traders are expecting good production as recent rains have not affected the standing crop. Good upcountry demand for the new season crop may support prices.

We expect cotton futures to trade sideways to higher as arrivals in the physical market did not reached its peak with the demand for new season crop increasing. The prices may be range bound as there is expectation of balanced demand and supply scenario in the country during the peak arrival season.

NCDEX Market update:-

JEERA

PP- 17355

R1- 17570                                              S1-16980

R2- 17800                                              S2-16600

TURMERIC

PP- 6774

R1- 6850                                                 S1-6720

R2- 6930                                                 S2-6660

CORIANDER

PP- 7431

R1- 7520                                                  S1-7310

R2- 7610                                                  S2-7300

SOYBEAN

PP- 3032

R1- 3060                                                 S1-2990

R2- 3100                                                 S2-2960

MUSTERED OIL

PP- 4330

R1- 4370                                                S1-4255

R2- 4410                                                S2-4180

GAUR SEED

PP- 3229

R1- 3260                                                 S1-3175

R2- 3290                                                 S2-3120

AGRI COMMODITIES INCREASED COTTON PRICES | TODAY NCDEX MARKET REPORT 26 DEC 2016.

AGRI   COMMODITY MARKET OUTLOOK

Ref soyoil prices ended with losses tracking international prices and expectation of good domestic soy crushing.

Cereals Menthaoil settled as pressure seen due to profit booking amid downtick in demand industries in the domestic spot Oil and Oilseeds & Others market.

Soyabean gained on short covering after prices dropped tracking weakness from global prices as rains in Argentina eased fears of production losses.

Chana prices dropped on profit booking amid government initiatives to check rising prices and availability of pulses.

Turmeric prices ended with gains supported by rising upcountry demand at the spot market.

Jeera prices dropped due to fall in domestic as well as export demand at the spot market.

NCDEX Market update:-

JEERA

PP- 16802

R1- 17003                                              S1-16653

R2- 17152                                              S2-16452

TURMERIC

PP- 6874

R1- 6910                                                S1-6810

R2- 6950                                                S2-6740

CORIANDER

PP- 7494.7

R1- 7579.3                                             S1-7419.3

R2- 7654.7                                             S2-7334.7

SOYBEAN

PP- 2983

R1- 3018                                                S1-2956

R2- 3045                                                S2-2921

MUSTERED OIL

PP- 4209

R1- 4242                                                S1-4182

R2- 4269                                                S2-4149

GAUR SEED

PP- 3237

R1- 3275                                                 S1-3210

R2- 3300                                                 S2-3170

FINANCIAL ADVISORY COMPANY | NCDEX MARKET OUTLOOK REPORT 23 DEC 2016.

AGRI   COMMODITY MARKET OUTLOOK

Ref soyoil prices dropped tracking lower physical demand and expectation of good domestic soy crushing which will Cereals reduce export dependence.

Mentha oil ended with losses amid weakness in demand in the domestic spot market.

Soyabean prices ended with losses as expectations of bumper global supplies amid brighter crop prospects weighed on prices.

Chana prices dropped on profit booking amid government initiatives to check rising prices and availability of pulses.

Turmeric prices ended with losses as pressure continues as market is expecting a good crop this season.

Jeera prices dropped as the current year sowing area reported up in Gujarat coupled with timely sowing due to favorable weather condition.

NCDEX Market update:-

JEERA

PP- 16997

R1- 17108                                              S1-16823

R2- 17282                                              S2-16712

TURMERIC

PP- 6822

R1- 6870                                                S1-6785

R2- 6922                                                S2-6740

CORIANDER

PP- 7535.7

R1- 7634.3                                             S1-7402.3

R2- 7767.7                                             S2-7303.7

SOYBEAN

PP- 2986

R1- 2997                                                S1-2964

R2- 3019                                                S2-2953

MUSTERED OIL

PP- 4277

R1- 4316                                                S1-4201

R2- 4392                                                S2-4162

GAUR SEED

PP- 3237

R1- 3275                                                 S1-3210

R2- 3300                                                 S2-3170

AGRI COMMODITY MARKET LEVEL (SUPP. & RESIST.) UPDATE 22 DEC 2016.| FINANCIAL ADVISORY COMPANY

AGRI   COMMODITY MARKET OUTLOOK

Ref soyoil prices ended with losses on weak demand and on expectation of higher supply.

Mentha oil gained on the back of strong demand in the spot markets amid hopes of export demand may pick up in Oil and Oilseeds & Others the coming days.

Soyabean prices ended with losses on expectation of higher supply in global market.

Chana prices dropped on profit booking amid government initiatives to check rising prices and availability of pulses.

Turmeric prices gained on short covering after prices dropped on medium and poor quality arrivals from the producing belts.

Jeera prices settled flat on reports of good sowing progress in the producing regions.

NCDEX Market update:-

JEERA

PP- 17220

R1- 17450                                              S1-16950

R2- 17700                                              S2-16640

TURMERIC

PP- 6858

R1- 6850                                                S1-6730

R2- 6895                                                S2-6655

CORIANDER

PP- 7667

R1- 7830                                                 S1-7650

R2- 7920                                                 S2-7560

SOYABEAN

PP- 3012

R1- 3045                                                S1-2990

R2- 3070                                                S2-2960

MUSTERED OIL

PP- 4370

R1- 4400                                                S1-4340

R2- 4440                                                S2-4310

GAUR SEED

PP- 3237

R1- 3275                                                 S1-3210

R2- 3300                                                 S2-3170

VOLATILITY IN THE PRICES OF PULSES | TODAY AGRI COMMODITY MARKET UPDATE 21 DEC 2016.

AGRI   COMMODITY MARKET OUTLOOK

Ref soyoil dropped on expectation of higher supply in global market and on demand concerns in domestic market.

Mentha oil prices dropped on profit booking amid muted in the domestic spot market.

Soyabean prices dropped tracking weakness in spot demand amid improving arrivals in the physical market.

Chana prices dropped on profit booking amid government initiatives to check rising prices and availability of pulses.

Turmeric prices dropped on new crop supplies amid prospects of higher output.

Jeera prices gained on expectation of rising domestic as well as export demand at the spot market.

AGRI COMMODITY TIPS

NCDEX Market update:-

JEERA

PP- 17103

R1- 17397                                              S1-16927

R2- 17573                                              S2-16633

TURMERIC

PP- 6798

R1- 6850                                                S1-6730

R2- 6895                                                S2-6695

CORIANDER

PP- 7517

R1- 7554                                                 S1-7484

R2- 7587                                                 S2-7447

SOYBEAN

PP- 3015

R1- 3038                                                S1-3000

R2- 3053                                                S2-2977

MUSTERED OIL

PP- 4378

R1- 4403                                                S1-4348

R2- 4478                                                S2-4323

GAUR SEED

PP- 3226

R1- 3260                                                 S1-3195

R2- 3310                                                 S2-3160