NCDEX TIPS | AGRI COMMODITY MARKET LEVEL UPDATE 15 NOV 2016.| EQUITY RESEARCH LAB

AGRI   COMMODITY MARKET OUTLOOK

Ref soyoil prices ended with gains tracking firmness in spot demand denting of prospects of higher imports indicating tight supply situation.

Cereals Mentha oil prices gained due to rising demand and falling arrivals the physical markets.

Oil and Oilseeds & Others Soybean prices ended with losses on expectation of higher supply from United States and Brazil.

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

Turmeric prices dropped on expectations of increasing production in coming harvesting season and lowering export demand in recent months.

Jeera prices dropped driven by easing domestic and exports demand in the spot market.

NCDEX  Market update:-

JEERA

PP- 16555

R1- 16900                                              S1-16300

R2- 17300                                              S2-16000

TURMERIC

PP- 6998

R1- 7050                                                S1-6853

R2- 7240                                                S2-6707

CORIANDER

PP- 7447

R1- 7604                                                S1-7330

R2- 7761                                                S2-7213

SOYABEAN

PP- 3031

R1- 3078                                               S1-3000

R2- 3126                                               S2-2970

MUSTERED OIL

PP- 4554

R1- 4610                                              S1-4510

R2- 4670                                              S2-4460

GAUR SEED

PP- 3167

R1- 3240                                              S1-3120

R2- 3320                                              S2-3070