Tuesday, January 22, 2019

EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 22 JANUARY 2019


  • CPO trading range for the day is 548.8-561.2.
  • Crude palm oil gained tracking firmness in spot demand and overseas prices on forecast of declining production in the coming months and improving export data.
  • Palm oil output in Malaysia, the world's second-largest producer, is forecast to rise to 20.3 million tonnes this year.
  • Indonesia's palm oil production is expected to rise by 10 percent this year, the country's industry association said.
  • Crude palm oil prices in spot market gained by 2.30 rupees and settled at 547.10 rupees.

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

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 22 JANUARY 2019


  • Soyabean trading range for the day is 3749-3915.
  • Soyabean prices gained supported by buying by millers in physical markets induced by hopes of fresh demand for meal exports.
  • Reports of lower crop in Brazil and Argentine, also boosted the prices in domestic markets induced by hopes of higher demand for India soymeal in the coming months.
  • NCDEX accredited warehouses soyabean stocks gained by 2396 tonnes to 137327 tonnes.
  • At the Indore spot market in top producer MP, soybean gained  104 Rupees to 3858 Rupees per 100 kgs.

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

EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 22 JANUARY 2019


  • Menthaoil trading range for the day is 1531.8-1608.8.
  • Mentha oil spot at Sambhal closed at 1730.50 per 1kg. Spot prices was down by Rs.-19.70/-.
  • Menthaoil settled down on profit booking after prices gained tracking firmness in spot demand amid low supply.
  • However, upside seen limited amid expectations of higher acreage under mint in 2019 due to lucrative prices throughout last year.
  • Export demand of oil in global market is likely to be improved due to recovery in currency which is supportive for prices

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

Monday, January 21, 2019

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 21 JANUARY 2019


  • Soyabean trading range for the day is 3736-3850.
  • Soyacobean prices gained amid expectations of fresh export demand for soymeal from Iran and other countries.
  • India's December soymeal exports jumped 42% on year to 240,530 tons, as per Solvent Extractors Association of India data.
  • NCDEX accredited warehouses soyabean stocks dropped by 443 tonnes to 134931 tonnes.
  • At the Indore spot market in top producer MP, soybean gained  61 Rupees to 3754 Rupees per 100 kgs.

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

EPIC RESEARCH NCDEX UPDATE OF REF MENTHA OIL 21 JANUARY 2019


  • Menthaoil trading range for the day is 1570.4-1624.2.
  • Mentha oil spot at Sambhal closed at 1750.20 per 1kg. Spot prices was up by Rs.0.40/-.
  • Menthaoil settled down on profit booking after prices gained tracking firmness in spot demand amid low supply.
  • However, upside seen limited amid expectations of higher acreage under mint in 2019 due to lucrative prices throughout last year.
  • Export demand of oil in global market is likely to be improved due to recovery in currency which is supportive for prices

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

Friday, January 18, 2019

EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 18 JANUARY 2019


  • Ref.Soya oil trading range for the day is 746-760.
  • Ref soyoil prices ended with gains on good physical demand.
  • However, gains were limited amid bumper production outlook of soybean for India and lower duties on palm oil import.
  • USDA in its latest monthly update forecast India soyoil production at 16.92 lakh tonnes, up 2.2% on month.
  • At the Indore spot market in Madhya Pradesh, soyoil was steady at 761.6 Rupees per 10 kgs.

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

EPIC RESEARCH NCDEX UPDATE OF RMSEED 18 JANUARY 2019


  • Rmseed trading range for the day is 3816-3902.
  • Mustard seed prices gained amid reports on diminishing stocks with farmers.
  • The area under mustard seed cultivation has touched 66.43 lakh hectares as against 64.99 lakh hac, higher by 2.21% y/y.
  • NCDEX accredited warehouses mustard seed stocks dropped by 418 tonnes to 9233 tonnes.
  • In Alwar spot market in Rajasthan the prices gained 20 Rupees to end at 4089.4 Rupees per 100 kg.

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

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 18 JANUARY 2019


  • Soyabean prices gained amid expectations of fresh export demand for soymeal from Iran and other countries.
  • India's December soymeal exports jumped 42% on year to 240,530 tons, as per Solvent Extractors Association of India data.
  • NCDEX accredited warehouses soyabean stocks gained by 384 tonnes to 135374 tonnes.
  • At the Indore spot market in top producer MP, soybean gained 12 Rupees to 3674 Rupees per 100 kgs.

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