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DAILY AGRI COMMODITY REPORT 
22nd AUGUST 2014 
Our Presence 
Epic Research India 
411 Milinda Manor (Suites 409- 417) 
2 RNT Marg. Opp Cental Mall 
Indore (M.P.) 
Hotline: +91 731 664 2300 
Alternate: +91 731 664 2320 
Or give us a missed call at 
026 5309 0639 
HNI & NRI Sales Contact Australia 
Mintara Road, Tarneit, Victoria. Post Code 3029 
Phone.: +61 422 063855 
HNI & NRI Sales Contact USA 
2117 Arbor Vista Dr. Charlotte (NC) 
Cell: +1 704 249 2315 
Toll Free Number 
1-800-200-9454 
All queries should be directed to 
Info@epicresearch.co 
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DAILY WRAP UP 
MONTH OPEN HIGH LOW CLOSE % CHG OI (in Lots) VOL 
DHANIYA 
SEP. 12325 12530 12243 12280 -0.22 21470 7080 
INTRADAY 
LEVELS 
SUPPORT 
SUPP. 1 
11824 
SUPP. 2 
11720 
PIVOT 
11999 
RESISTANCE 
RES. 1 
12103 
RES. 2 
12278 
Dhaniya short term trend is 
down, and furthermore 
down is expected in coming 
days. 
MONTH OPEN HIGH LOW CLOSE 
% 
CHANGE 
OI (in 
lots) 
VOL 
CASTORSEED 
SEP. 4295 4345 4285 4319 1.10 124520 44750 
INTRADAY 
LEVELS 
SUPPORT 
SUPP. 1 
4243 
SUPP. 2 
4190 
PIVOT 
4249 
RESISTANCE 
RES. 1 
4282 
RES. 2 
4308 
Castorseed Short term trend is 
down. Price expected to go 
down in coming days 
. 
SOYABEAN 
OCT. 3400 3430 3383 3411 0.71 71380 61110 
INTRADAY 
LEVELS 
SUPPORT 
SUPP. 1 
3386 
SUPP. 2 
3361 
PIVOT 
3408 
RESISTANCE 
RES. 1 
3433 
RES. 2 
3455 
Soyabean price is in down 
trend and may continue in 
upcoming days. 
GUARGUM 
OCT. 18420 18600 18020 18200 1.73 544 649 
INTRADAY 
LEVELS 
SUPPORT 
SUPP. 1 
17653 
SUPP. 2 
17327 
PIVOT 
18027 
RESISTANCE 
RES. 1 
18353 
RES. 2 
18727 
Guargum Short term trend 
is up, Expecting price may 
go up in coming days. 
YOUR MINTVISORY Call us at +91-731-6642300 
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FUNDAMENTAL AND MANDI REPORT 
NCDEX INDICES 
Index Value Pre. Close % Change 
Castorseed 
4255 4213 1.00 
Chana 
2931 2970 -1.31 
Coriander 
11927 11973 -0.38 
Cotton Seed Oilcake 
1823 1835 -0.65 
Jeera 
11265 11310 -0.40 
Mustard seed 
3444 3426 0.53 
SoyBean 
3411 3387 0.71 
Sugar M Grade 
3035 3054 -0.62 
Turmeric 
6684 6584 1.52 
TOP LOSERS 
SYMBOL EXPIRY DATE 
CURRENT 
PRICE 
CHANGE 
CHANGE 
% 
CHANA 
19-09-2014 
2931.00 
-39.00 
-1.31% 
GUR 
19-09-2014 
1137.00 
-15.00 
-1.30% 
TOP GAINERS 
SYMBOL 
EXPIRY 
DATE 
CURRENT 
PRICE 
CHANGE 
CHANG 
E % 
TURMERIC 19-09-2014 6684.00 100.00 1.52% 
CASTOR SEED NEW 19-09-2014 4255.00 42.00 1.00% 
SOYABEAN 20-10-2014 3411.00 24.00 0.71% 
RAPESEED-MUSTARD 
SEED 19-09-2014 3444.00 18.00 0.53% 
BARLEY 19-09-2014 1492.00 3.50 0.24% 
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COMMODITIES IN NEWS 
CRUDE PALM OIL 
The prices of crude palm oil declined for the fourth consecutive day on 
Wednesday after the traders and speculators exited the positions in the Agri 
commodity as the demand in the spot market dropped. The prices fell fur-ther 
on excess supplies from the producing areas. At the MCX, Crude Palm 
Oil future for August 2014 contract traded at Rs. 477.10 per 10 kg, down by 
3.38 per cent after opening at Rs. 493.70 against the previous close of Rs. 
493.80. It touched the intra-day low of Rs. 474.60 till the trading 
CASTORSEED 
Castorseed prices rose by 0.43 per cent on Thursday at the National Commodity & De-rivatives 
Exchange Limited (NCDEX) as a result of the rise in demand from consuming 
industries against restricted arrivals in domestic markets which in turn encouraged the 
investors to enlarge their holdings. At the NCDEX, castor seed futures for September 
2014 contract were trading at Rs. 4,231 per quintal tones, up by 0.43 per cent, after 
opening at Rs. 4,227 against the previous closing price of Rs. 4,213. It touched the intra-day 
high of Rs. 4,257 till the trading. (At 12.15 PM today). Castor is a non-edible oilseed 
crop; basically a cash crop, with average 46 per cent oil recovery 
CORIANDER 
Coriander prices rose by 0.8 per cent on Thursday (NCDEX) as a result of the limited 
stocks on account of restricted arrivals from the major growing belts. At the NCDEX, 
coriander futures for September 2014 contract was trading at Rs. 12,069 per quintal, up 
by 0.8 per cent after opening at Rs. 12,030 against the previous closing price of Rs. 
11,973. It touched the intra-day high of Rs. 12,174 till the trading. Sentiment improved 
further as the investors enlarged their holdings tracking the surge in the demand for the 
commodity. Coriander is common in South Asian, Middle Eastern, Central Asian, Medi-terranean, 
Indian, Tex-Mex, Latin American, Portuguese, Chinese, African, and Scandi-navian 
cuisine. 
ECONOMIC NEWS 
The cabinet on Wednesday approved the 
minimum export price ( MEP) of onions from 
$500 per tone to $350 per tone, citing im-proved 
supplies and announced a hike in the 
mining royalty rates for about 55 minerals in-cluding 
ore and bauxite, a move that would 
please the 11 mineral-rich states in the coun-try 
that have been demanding higher royal-ties. 
The government had imposed an mini-mum 
export price of $300 per tone on onions 
in June and raised it in July to $500. 
The Cabinet Committee on Economic Affairs 
also decided that the country's mineral alloca-tion 
policy would be decided by the institu-tion 
that succeeds the Planning Commission. 
Mining royalties were last revised by the Cen-tre 
in 2009 and though the UPA government 
had set up a panel to examine the issue, there 
was no change made in the rates. 
"The cabinet approved revision of mineral 
royalty. There are 55 such items but this ex-cludes 
coal, lignite and sand for stowing. 
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FUNDAMENTAL AND MANDI REPORT 
CASTORSEED 
National Market Report 
Soybean (plant delivery, Indore) continued downtrend weak soy product 
demand while mustard seed, Jaipur, slightly improved on renewed buy-ing 
from crushers and the stockists Thursday. Soybean arrivals in 
Madhya Pradesh slightly eased to 20,000 bags compared to 22,000 bags 
on Wednesday. All India arrivals of RM seed too remained flat 1.0 lakh 
bags compared to Wednesday’s level. Besides, RM seed arrivals in Rajast-han 
too remained steady 0.55 lakh bags compared to Wednesday’s level. 
prices are expected to be within the range of 3750-3900 levels in the 
near term .The crop tour, Roth says, is a rare opportunity for people— 
who might not ever get a chance to visit a field—to participate in a sig-nificant, 
market moving event. Plus, they have a chance to get in a corn 
or soybean field to better comprehend the scale of Midwest farming. 
International Update 
U.S. soybean futures edged higher for the first time in three sessions on 
Thursday, rebounding from a contract low, but gains were checked as a 
widely watched U.S. crop tour boosted the outlook for supply. FUNDA-MENTALS 
* Chicago Board of Trade November soybeans rose 0.1 per-cent 
to $10.39 a bushel, having slid 1.4 percent on Wednesday when the 
contract hit a contract low of $10.35 a bushel. * December corn dropped 
0.1 percent to $3.67-1/4 a bushel, having slid 1.3 percent in the previous 
session. * December wheat fell 0.32 percent to $5.48-1/4 a bushel, having 
closed down 1.5 percent on Wednesday. * The Pro Farmer Midwest Crop 
Tour on Wednesday projected the Illinois corn yield at a record 196.96 
bushels per acre (bpa), up from the tour average of 170.48 bpa last year 
and the three-year tour average of 149.36. 
STOCK POSITION AT NCDEX WAREHOUSES 
MARKET 
21-Aug-14 
20-Aug-14 
%Change 
MADHYA 
PRADESH 
22000 
20000 
MAHARASTRA 
10000 
3000 
RAJASTHAN 
15000 
10000 
MARKET 
20-Aug-14 
19-Aug-14 
BUNDI 
200 
200 
MADHYA 
PRADESH 
22000 
20000 
JHALAWAR 
300 
400 
MAHARASTRA 
3000 
8000 
-2000 
7000 
5000 
Unch 
-100 
YOUR MINTVISORY Call us at +91-731-6642300 
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SPOT QUOTES 
COMMODITY NAME LOCATION PRICE 
Bajra Jaipur 1245 
Barley Jaipur 1490 
Castor Seed Disa 4252.25 
Castor Seed 1 MT Disa 4252.25 
Chana Bikaner 2850 
Chana Delhi 2960 
Chana Indore 2984.8 
Chana 1 MT Delhi 2960 
Chilli Guntur 7363.65 
Chilli Teja Khammam 10275 
Coriander Kota 11343.2 
Cotton Kadi 18644.55 
COMMODITY NAME LOCATION PRICE 
Maize - Feed/Industrial Grade Davengere 1360 
Maize - Feed/Industrial Grade 
Karimnagar 
1372.5 
Maize - Feed/Industrial Grade 
Sangli 
1475 
Maize - Feed/Industrial Grade Delhi 1240 
Mustardseed 
Jaipur 
3617.6 
Mustardseed 
Alwar 
3661.5 
Pepper Kochi 72290 
Polyvinyl Chloride Mumbai 75185.2 
RBD Palm Olein Kakinada 529.75 
RBD Palmolein Kandla 527.5 
Ref Soya Oil Nagpur 652.8 
Ref Soya Oil Indore 633.25 
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RECOMMENDATIONS 
DHANIYA (SEP.) GUARGUM (OCT.) 
SELL BELOW 11910 TGT 10880 -10830 SL 10960 
BUY ABOVE 12030 TGT 12060-12110 SL 11980 
SELL BELOW 17915 TGT 17885 -17835 SL 17965 
BUY ABOVE 18300 TGT 18350 -18450 SL 18210 
CASTORSEED (SEP.) SOYABEAN (OCT.) 
SELL BELOW 4240 TGT 4210-4160 SL 4290 
BUY ABOVE 4290 TGT 4320 -4370 SL 4240 
SELL BELOW 3375 TGT 3345-3295 SL 3425 
BUY ABOVE 3430TGT 3460-3510 SL 3380 
YOUR MINTVISORY Call us at +91-731-6642300 
Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
DISCLAIMER 
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any re-sponsibility 
(or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. 
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up 
on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility. 
The information given herein should be treated as only factor, while making investment decision. The report does not provide individually 
tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and 
encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on 
the information given in this report, which is in violation of rules and regulations of NSE and BSE. 
The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all es-timates 
and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks 
recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views ex-pressed 
as a recommendation for which either the site or its owners or anyone can be held responsible for. Any surfing and reading of 
the information is the acceptance of this disclaimer. All Rights Reserved. 
Investment in equity & bullion market has its own risks. 
We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any 
financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer 
to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our 
calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then 
Serious Legal Actions can be taken. 
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Daily agri report by epic research 22 aug 2014

  • 1. DAILY AGRI COMMODITY REPORT 22nd AUGUST 2014 Our Presence Epic Research India 411 Milinda Manor (Suites 409- 417) 2 RNT Marg. Opp Cental Mall Indore (M.P.) Hotline: +91 731 664 2300 Alternate: +91 731 664 2320 Or give us a missed call at 026 5309 0639 HNI & NRI Sales Contact Australia Mintara Road, Tarneit, Victoria. Post Code 3029 Phone.: +61 422 063855 HNI & NRI Sales Contact USA 2117 Arbor Vista Dr. Charlotte (NC) Cell: +1 704 249 2315 Toll Free Number 1-800-200-9454 All queries should be directed to Info@epicresearch.co YOUR MINTVISORY Call us at +91-731-6642300 Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
  • 2. DAILY WRAP UP MONTH OPEN HIGH LOW CLOSE % CHG OI (in Lots) VOL DHANIYA SEP. 12325 12530 12243 12280 -0.22 21470 7080 INTRADAY LEVELS SUPPORT SUPP. 1 11824 SUPP. 2 11720 PIVOT 11999 RESISTANCE RES. 1 12103 RES. 2 12278 Dhaniya short term trend is down, and furthermore down is expected in coming days. MONTH OPEN HIGH LOW CLOSE % CHANGE OI (in lots) VOL CASTORSEED SEP. 4295 4345 4285 4319 1.10 124520 44750 INTRADAY LEVELS SUPPORT SUPP. 1 4243 SUPP. 2 4190 PIVOT 4249 RESISTANCE RES. 1 4282 RES. 2 4308 Castorseed Short term trend is down. Price expected to go down in coming days . SOYABEAN OCT. 3400 3430 3383 3411 0.71 71380 61110 INTRADAY LEVELS SUPPORT SUPP. 1 3386 SUPP. 2 3361 PIVOT 3408 RESISTANCE RES. 1 3433 RES. 2 3455 Soyabean price is in down trend and may continue in upcoming days. GUARGUM OCT. 18420 18600 18020 18200 1.73 544 649 INTRADAY LEVELS SUPPORT SUPP. 1 17653 SUPP. 2 17327 PIVOT 18027 RESISTANCE RES. 1 18353 RES. 2 18727 Guargum Short term trend is up, Expecting price may go up in coming days. YOUR MINTVISORY Call us at +91-731-6642300 Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
  • 3. FUNDAMENTAL AND MANDI REPORT NCDEX INDICES Index Value Pre. Close % Change Castorseed 4255 4213 1.00 Chana 2931 2970 -1.31 Coriander 11927 11973 -0.38 Cotton Seed Oilcake 1823 1835 -0.65 Jeera 11265 11310 -0.40 Mustard seed 3444 3426 0.53 SoyBean 3411 3387 0.71 Sugar M Grade 3035 3054 -0.62 Turmeric 6684 6584 1.52 TOP LOSERS SYMBOL EXPIRY DATE CURRENT PRICE CHANGE CHANGE % CHANA 19-09-2014 2931.00 -39.00 -1.31% GUR 19-09-2014 1137.00 -15.00 -1.30% TOP GAINERS SYMBOL EXPIRY DATE CURRENT PRICE CHANGE CHANG E % TURMERIC 19-09-2014 6684.00 100.00 1.52% CASTOR SEED NEW 19-09-2014 4255.00 42.00 1.00% SOYABEAN 20-10-2014 3411.00 24.00 0.71% RAPESEED-MUSTARD SEED 19-09-2014 3444.00 18.00 0.53% BARLEY 19-09-2014 1492.00 3.50 0.24% YOUR MINTVISORY Call us at +91-731-6642300 Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
  • 4. COMMODITIES IN NEWS CRUDE PALM OIL The prices of crude palm oil declined for the fourth consecutive day on Wednesday after the traders and speculators exited the positions in the Agri commodity as the demand in the spot market dropped. The prices fell fur-ther on excess supplies from the producing areas. At the MCX, Crude Palm Oil future for August 2014 contract traded at Rs. 477.10 per 10 kg, down by 3.38 per cent after opening at Rs. 493.70 against the previous close of Rs. 493.80. It touched the intra-day low of Rs. 474.60 till the trading CASTORSEED Castorseed prices rose by 0.43 per cent on Thursday at the National Commodity & De-rivatives Exchange Limited (NCDEX) as a result of the rise in demand from consuming industries against restricted arrivals in domestic markets which in turn encouraged the investors to enlarge their holdings. At the NCDEX, castor seed futures for September 2014 contract were trading at Rs. 4,231 per quintal tones, up by 0.43 per cent, after opening at Rs. 4,227 against the previous closing price of Rs. 4,213. It touched the intra-day high of Rs. 4,257 till the trading. (At 12.15 PM today). Castor is a non-edible oilseed crop; basically a cash crop, with average 46 per cent oil recovery CORIANDER Coriander prices rose by 0.8 per cent on Thursday (NCDEX) as a result of the limited stocks on account of restricted arrivals from the major growing belts. At the NCDEX, coriander futures for September 2014 contract was trading at Rs. 12,069 per quintal, up by 0.8 per cent after opening at Rs. 12,030 against the previous closing price of Rs. 11,973. It touched the intra-day high of Rs. 12,174 till the trading. Sentiment improved further as the investors enlarged their holdings tracking the surge in the demand for the commodity. Coriander is common in South Asian, Middle Eastern, Central Asian, Medi-terranean, Indian, Tex-Mex, Latin American, Portuguese, Chinese, African, and Scandi-navian cuisine. ECONOMIC NEWS The cabinet on Wednesday approved the minimum export price ( MEP) of onions from $500 per tone to $350 per tone, citing im-proved supplies and announced a hike in the mining royalty rates for about 55 minerals in-cluding ore and bauxite, a move that would please the 11 mineral-rich states in the coun-try that have been demanding higher royal-ties. The government had imposed an mini-mum export price of $300 per tone on onions in June and raised it in July to $500. The Cabinet Committee on Economic Affairs also decided that the country's mineral alloca-tion policy would be decided by the institu-tion that succeeds the Planning Commission. Mining royalties were last revised by the Cen-tre in 2009 and though the UPA government had set up a panel to examine the issue, there was no change made in the rates. "The cabinet approved revision of mineral royalty. There are 55 such items but this ex-cludes coal, lignite and sand for stowing. YOUR MINTVISORY Call us at +91-731-6642300 Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
  • 5. FUNDAMENTAL AND MANDI REPORT CASTORSEED National Market Report Soybean (plant delivery, Indore) continued downtrend weak soy product demand while mustard seed, Jaipur, slightly improved on renewed buy-ing from crushers and the stockists Thursday. Soybean arrivals in Madhya Pradesh slightly eased to 20,000 bags compared to 22,000 bags on Wednesday. All India arrivals of RM seed too remained flat 1.0 lakh bags compared to Wednesday’s level. Besides, RM seed arrivals in Rajast-han too remained steady 0.55 lakh bags compared to Wednesday’s level. prices are expected to be within the range of 3750-3900 levels in the near term .The crop tour, Roth says, is a rare opportunity for people— who might not ever get a chance to visit a field—to participate in a sig-nificant, market moving event. Plus, they have a chance to get in a corn or soybean field to better comprehend the scale of Midwest farming. International Update U.S. soybean futures edged higher for the first time in three sessions on Thursday, rebounding from a contract low, but gains were checked as a widely watched U.S. crop tour boosted the outlook for supply. FUNDA-MENTALS * Chicago Board of Trade November soybeans rose 0.1 per-cent to $10.39 a bushel, having slid 1.4 percent on Wednesday when the contract hit a contract low of $10.35 a bushel. * December corn dropped 0.1 percent to $3.67-1/4 a bushel, having slid 1.3 percent in the previous session. * December wheat fell 0.32 percent to $5.48-1/4 a bushel, having closed down 1.5 percent on Wednesday. * The Pro Farmer Midwest Crop Tour on Wednesday projected the Illinois corn yield at a record 196.96 bushels per acre (bpa), up from the tour average of 170.48 bpa last year and the three-year tour average of 149.36. STOCK POSITION AT NCDEX WAREHOUSES MARKET 21-Aug-14 20-Aug-14 %Change MADHYA PRADESH 22000 20000 MAHARASTRA 10000 3000 RAJASTHAN 15000 10000 MARKET 20-Aug-14 19-Aug-14 BUNDI 200 200 MADHYA PRADESH 22000 20000 JHALAWAR 300 400 MAHARASTRA 3000 8000 -2000 7000 5000 Unch -100 YOUR MINTVISORY Call us at +91-731-6642300 Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
  • 6. SPOT QUOTES COMMODITY NAME LOCATION PRICE Bajra Jaipur 1245 Barley Jaipur 1490 Castor Seed Disa 4252.25 Castor Seed 1 MT Disa 4252.25 Chana Bikaner 2850 Chana Delhi 2960 Chana Indore 2984.8 Chana 1 MT Delhi 2960 Chilli Guntur 7363.65 Chilli Teja Khammam 10275 Coriander Kota 11343.2 Cotton Kadi 18644.55 COMMODITY NAME LOCATION PRICE Maize - Feed/Industrial Grade Davengere 1360 Maize - Feed/Industrial Grade Karimnagar 1372.5 Maize - Feed/Industrial Grade Sangli 1475 Maize - Feed/Industrial Grade Delhi 1240 Mustardseed Jaipur 3617.6 Mustardseed Alwar 3661.5 Pepper Kochi 72290 Polyvinyl Chloride Mumbai 75185.2 RBD Palm Olein Kakinada 529.75 RBD Palmolein Kandla 527.5 Ref Soya Oil Nagpur 652.8 Ref Soya Oil Indore 633.25 YOUR MINTVISORY Call us at +91-731-6642300 Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
  • 7. RECOMMENDATIONS DHANIYA (SEP.) GUARGUM (OCT.) SELL BELOW 11910 TGT 10880 -10830 SL 10960 BUY ABOVE 12030 TGT 12060-12110 SL 11980 SELL BELOW 17915 TGT 17885 -17835 SL 17965 BUY ABOVE 18300 TGT 18350 -18450 SL 18210 CASTORSEED (SEP.) SOYABEAN (OCT.) SELL BELOW 4240 TGT 4210-4160 SL 4290 BUY ABOVE 4290 TGT 4320 -4370 SL 4240 SELL BELOW 3375 TGT 3345-3295 SL 3425 BUY ABOVE 3430TGT 3460-3510 SL 3380 YOUR MINTVISORY Call us at +91-731-6642300 Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
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