Thursday, November 15, 2018

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 15 NOVEMBER 2018


  • Cardamom trading range for the day is 1466.4-1506.4.
  • Cardamom prices gained due to heavy losses to crop due to recent floods and good export hopes.
  • Export of cardamom from the country during 2017-18 spurted 48% to 5,680 ton from 3,850 ton a year ago.
  • Around 25 tn of new arrivals are coming at auctions daily, which is 25-30% of the total arrivals.
  • Cardamom prices in spot market gained by 60.20 rupees and settled at 1392.10 rupees.

For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

EPIC RESEARCH NCDEX UPDATE OF JEERA 15 NOVEMBER 2018


  • Jeera trading range for the day is 19455-20835.
  • Jeera prices dropped as demand in the spot market is sluggish as traders don't want to buy produce at higher prices.
  • Further, farmers are selling old stock in the market as sowing for new season is going to start soon.
  • NCDEX accredited warehouses jeera stocks dropped by 85 tonnes to 3125 tonnes.
  • In Unjha, a key spot market in Gujarat, jeera edged up by 11.9 Rupees to end at 20483.35 Rupees per 100 kg.

For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 15 NOVEMBER 2018


  • Turmeric trading range for the day is 6570-6686.
  • Turmeric dropped on profit booking after prices gained amid concerns that drought condition in Maharashtra and Karnataka will affect standing crop.
  • As per reports, standing crop likely to damage around 10 - 20% currently, if higher temperature will continue next 15 - 20 days.
  • NCDEX accredited warehouses turmeric stocks gained by 3041 tonnes to 6433 tonnes.
  • In Nizamabad, a major spot market in AP, the price ended at 7190.8 Rupees gained 45.55 Rupees.

For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

Tuesday, November 13, 2018

EPIC RESEARCH NCDEX UPDATE OF RMSEED 13 NOVEMBER 2018


  • Rmseed trading range for the day is 4103-4207.
  • Mustard seed gained on short covering and as sowing has slowed down and in Gujarat, as expected is below 5 year average and also last year.
  • Indian millers crushed 600,000 tons of mustard seed during October, up from 500,000 a month ago.
  • NCDEX accredited warehouses mustard seed stocks gained by 344 tonnes to 9488 tonnes.
  • In Alwar spot market in Rajasthan the prices gained 25.75 Rupees to end at 4256.75 Rupees per 100 kg.

For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

EPIC RESEARCH NCDEX UPDATE OF CARDAMOM 13 NOVEMBER 2018


  • Cardamom trading range for the day is 1443.9-1471.9.
  • Cardamom dropped tracking weakness in spot demand amid profit booking after prices gained due to heavy losses to crop due heavy losses to crop
  • Export of cardamom from the country during 2017-18 spurted 48% to 5,680 ton from 3,850 ton a year ago. 
  • Around 25 tn of new arrivals are coming at auctions daily, which is 25-30% of the total arrivals.
  • Cardamom prices in spot market gained by 0.20 rupees and settled at 1347.30 rupees. 

For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 13 NOVEMBER 2018


  • Turmeric trading range for the day is 6522-6782.
  • Turmeric dropped on late profit booking after prices gained due to frantic buying by traders and stockists counting on uptick in demand from spt markets.
  • Moreover, concerns that drought condition in Maharashtra and Karnataka will affect Turmeric standing crop, also fuelled the uptrend.
  • NCDEX accredited warehouses turmeric stocks gained by 269 tonnes to 3344 tonnes.
  • In Nizamabad, a major spot market in AP, the price ended at 7145.25 Rupees gained 32.1 Rupees.

For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co 

EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 13 NOVEMBER 2018


  • Menthaoil trading range for the day is 1761-1836.6.
  • Mentha oil spot at Sambhal closed at 1952.60 per 1kg. Spot prices was up by Rs.41.00/-.
  • Mentha oil prices rallied due to bullish demand outlook from domestic market as well as exporters.
  • Spot markets are also witnessing strong consumption demand amid restricted supplies.
  • Bumper crop harvest has been discounted in the market and market is moving upwards on rising demand from end users.

For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

EPIC RESEARCH NCDEX UPDATE OF COTTON 13 NOVEMBER 2018


  • Cotton trading range for the day is 22140-22740.
  • Cotton prices gained on low arrivals and due to lower production forecast.  
  • Cotton production in 2018-19 is likely to fall 4.7% from the previous season to 34.8 million bales due to scanty rainfall.
  • Indian Cotton Federation (ICF) said that the availability of cotton in the country would be comfortable in 2018-19 seasons.  
  • Cotton prices in spot market dropped by 330.00 rupees and settled at 22190.00 rupees.

For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co