EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 10 MAY 2019

• Soyabean trading range for the day is 3701-3773.
  
• Soyabean gained amid hopes of emergence of soymeal demand from China.
• China has curtailed its imports of soybean from the US after the Washington imposed tariff on Chinese goods.
• However, upside seen limited due to forecast of near normal monsoon forecast by IMD.
• At the Indore spot market in top producer MP, soybean gained 53 Rupees to 3828 Rupees per 100 kgs.

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

EPIC RESEARCH NCDEX UPDATE OF JEERA 2 MAY 2019

• Jeera trading range for the day is 16705-17305.
  
• Jeera dropped on profit booking after prices gained due to the increase in the export demand.
• Cumin seed production in Syria and Turkey is estimated to decline, Syria production is estimated around 25,000 tonnes this year
• Production of Jeera in Gujarat in 2018-19 is expected to be lower by about 25 percent to 2.23 lakh MT compared to last year’s.
• In Unjha, a key spot market in Gujarat, jeera edged down by -181.75 Rupees to end at 16961.1 Rupees per 100 kg.

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

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 2 MAY 2019

• Turmeric trading range for the day is 6336-6608.
  
• Turmeric dropped due to near normal monsoon forecast and higher carryover stocks.
• Farmers in Telangana and Andhra Pradesh are holding stocks hoping improvement in prices after the ongoing Lok Sabha elections.
• Worries over El Nino conditions have eased and there are indications of another year of robust monsoon rain.
• In Nizamabad, a major spot market in AP, the price ended at 6400 Rupees dropped -40 Rupees.

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

EPIC RESEARCH NCDEX UPDATE OF JEERA 25 APRIL 2019

• Jeera futures traded higher on NCDEX due to improving demand from bulk buyers. However, higher availability of jeera this season, trimmed some gains.
  
• 
  
• The contract for May delivery was trading at Rs 17105.00, up by 0.15% or Rs 25.00 from its previous closing of Rs 17080.00. The open interest of the contract stood at 6645 lots.
• 
  
• The contract for June delivery was trading at Rs 17235.00, gain by 0.12% or Rs 20.00 from its previous closing of Rs 17215.00. The open interest of the contract stood at 1296 lots on NCDEX.

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

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 24 APRIL 2019

• Soyabean trading range for the day is 3681-3761.
  
• Soyabean prices gained on low level buying after prices have been under pressure due to forecast of near normal monsoon forecast by IMD.
• Soybean arrivals for the Oct-Mar period are pegged at 77 lt, up by 23.2% on year by SOPA.
• In the US, soybean inventories have swelled as the U.S.-China trade has hurt shipments of American soy to Chinese buyers.
• At the Indore spot market in top producer MP, soybean gained  12 Rupees to 3834 Rupees per 100 kgs.

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

EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 24 APRIL 2019

• Menthaoil trading range for the day is 1348.3-1373.5.
  
• Mentha oil spot at Sambhal closed at 1603.30 per 1kg. Spot prices was remain unchangeby Rs.0.00/-.
• Menthaoil dropped amid improvement and expectation of higher production in key areas of UP.
• Production is expected to increase by 30-40 percent during the year 2019-20.
• Prices also seen pressure amid expectations of higher acreage under mint in 2019 due to lucrative prices throughout last year.

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

EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 18 APRIL 2019

• CPO trading range for the day is 539.2-544.6.
  
• CPO gained on short covering after prices dropped amid weakness in spot demand and overseas prices weighed down by expectations of rising production.
• Official data from the Malaysian Palm Oil Board (MPOB) showed March end-stocks and production at higher levels than expected.
• Malaysia's palm oil stockpiles at the end of March fell 4.6 percent from the previous month to 2.92 million tonnes.
• Crude palm oil prices in spot market gained by 3.90 rupees and settled at 535.40 rupees.

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

EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 18 APRIL 2019

• Ref.Soya oil trading range for the day is 714-726.
  
• Ref.Soya oil dropped due to higher stocks at port, expectation of higher imports due to low tariff value.
• Earlier pressure also seen due to bumper production outlook of soybean for India and subdued domestic buying.
• According to report, soy oil import jumped by 64.7% to 2.20 lt in February compared to 1.34 lt last year same month.
• At the Indore spot market in Madhya Pradesh, soyoil was steady at 740 Rupees per 10 kgs.

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

EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 18 APRIL 2019

• Menthaoil trading range for the day is 1478.1-1512.9.
  
• Mentha oil spot at Sambhal closed at 1599.10 per 1kg. Spot prices was down by Rs.-4.10/-.
• Menthaoil settled up amid improved demand from consuming industries at the domestic spot market.
• However, upside seen limited amid expectations of higher acreage under mint in 2019 due to lucrative prices throughout last year.

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

EPIC RESEARCH NCDEX UPDATE OF RMSEED 16 APRIL 2019

• Rmseed trading range for the day is 3764-3836.
  
• Rmseed dropped on profit booking after prices gained tracking firmness in spot demand as government buying picked up
• NAFED bought 139,224 ton mustard seeds from farmers in the markets of Rajasthan, Haryana and Madhya Pradesh.
• Rape seed meal export from India during month of March, 2019 reported at 50964 MT, down by 36 % compare to prior month.
• In Alwar spot market in Rajasthan the prices gained 77.25 Rupees to end at 3870.5 Rupees per 100 kg.

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

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 16 APRIL 2019

• Soyabean trading range for the day is 3692-3842.
  
• Soyabean dropped on profit booking after prices gained due to buying by millers in physical on demand hope for soymeal.
• USDA in its monthly report trimmed its forecast of U.S. 2018/19 soybean stocks to 895 million bushels, down from 900 million in March.
• Soybean production is estimated higher by 20 per cent at 136.89 lakh tonnes as compared to 113.90 lakh tonnes produced during 2017-18.
• At the Indore spot market in top producer MP, soybean dropped -30 Rupees to 3879 Rupees per 100 kgs.

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

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 15 APRIL 2019

• Turmeric trading range for the day is 6522-6742.
  
• Turmeric prices dropped on the back of fresh season arrivals and good production prospects.
• Pressure also seen as some good quality produce is also arriving for sale in Erode market.
• Worries over El Nino conditions have eased and there are indications of another year of robust monsoon rain.
• In Nizamabad, a major spot market in AP, the price ended at 6469.05 Rupees dropped -69.05 Rupees.

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

EPIC RESEARCH NCDEX UPDATE OF JEERA 12 APRIL 2019

• Jeera trading range for the day is 16300-16620.
  
• Jeera prices gained as demand for good quality new crop is gradually picking up.
• The fall in output in Syria and Turkey on account of loss of quality due to weather adversities will possibly make India the sole supplier.
• At Unjha market, new crop enter to the market with moisture percentage reported around 5 to 10%.
• In Unjha, a key spot market in Gujarat, jeera edged up by 12.5 Rupees to end at 16537.5 Rupees per 100 kg.

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

EPIC RESEARCH NCDEX UPDATE OF TURMERIC 12 APRIL 2019

• Turmeric trading range for the day is 6502-6738.
  
• Turmeric prices dropped on the back of fresh season arrivals and good production prospects.
• Worries over El Nino conditions have eased and there are indications of another year of robust monsoon rain.
• In Nizamabad, a major spot market in AP, the price ended at 6538.1 Rupees remains unchanged at0 Rupees.

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

EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 11 APRIL 2019

• Ref.Soya oil trading range for the day is 714-732.
  
• Ref.Soya oil dropped due to higher stocks at port, expectation of higher imports due to low tariff value.
• However, downside seen limited amid reports of good seasonal demand in physical markets and lack of selling.
• In a fortnightly notification, Government cut tariff value of crude soy oil by 18 dollar to $711 per tn for the first half of April.
• At the Indore spot market in Madhya Pradesh, soyoil was steady at 748 Rupees per 10 kgs.

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

EPIC RESEARCH NCDEX UPDATE OF RMSEED 11 APRIL 2019

• Rmseed trading range for the day is 3758-3802.
  
• Mustard seed ended with gains on short covering after prices dropped amid forecast of bumper crop production.
• Rape meal exports in February were provisionally reported at 41,728 tonnes (Vs 52,071 t), down 20% on year as per SEA press release.
• Japan's weather bureau said the El Nino weather pattern appeared to be continuing, with an 80 percent chance it would stretch into the northern hemisphere summer.
• In Alwar spot market in Rajasthan the prices gained 10 Rupees to end at 3773.95 Rupees per 100 kg.

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

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 11 APRIL 2019

• Soyabean trading range for the day is 3725-3837.
  
• Soyabean prices ended with losses triggered by subdued demand at the domestic spot market and higher output projection.
• India's 2018-19 soybean output is projected 24.7% higher at 13.69 million tons as per second advance estimates released by agriculture ministry.
• As per the Second Advance Estimates for 2018-19 crops, Soybean production is estimated higher by 20 per cent at 136.89 lakh tonnes.
• At the Indore spot market in top producer MP, soybean dropped -20 Rupees to 3893 Rupees per 100 kgs.

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

EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 9 APRIL 2019

• Ref.Soya oil trading range for the day is 724-738.
  
• Ref.Soya oil dropped on profit booking after prices gained amid reports of good seasonal demand in physical markets and lack of selling.
• Pressure also seen due to higher stocks at port, expectation of higher imports due to low tariff value.
• In a fortnightly notification, Government cut tariff value of crude soy oil by 18 dollar to $711 per tn for the first half of April.
• At the Indore spot market in Madhya Pradesh, soyoil was steady at 755.65 Rupees per 10 kgs.

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

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 9 APRIL 2019

• Soyabean trading range for the day is 3762-3928.
  
• Soyabean prices ended with losses on profit booking after prices gained as demand started to improve at lower levels against tight supplies.
• As per market sources, supplies are comparatively slow as stockiest and farmers are not willing to release their crops at the current market prices.
• As per the Second Advance Estimates for 2018-19 crops, Soybean production is estimated higher by 20 per cent at 136.89 lakh tonnes.
• At the Indore spot market in top producer MP, soybean gained  9 Rupees to 3931 Rupees per 100 kgs.

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

EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 9 APRIL 2019

• Menthaoil trading range for the day is 1464.6-1526.6.
  
• Mentha oil spot at Sambhal closed at 1609.60 per 1kg. Spot prices was down by Rs.-59.30/-.
• Menthaoil dropped due to low demand at major physical centers.
• Prices also seen pressure earlier 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