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