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DAILY AGRI REPORT BY EPIC RESEARCH-22 NOVEMBER 2012
1. DAILY AGRI REPORT
22ND NOVEMBER 2012
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2. HEADLINES
Chana futures decline on high supply.
Chana prices fell by Rs 27 per quintal in futures market on high
supplies in the spot market amid a fall in demand as festive
season nears its end. At the National Commodity and
Derivatives Exchange, chana for delivery in December month
fell by Rs 27, or 0.62 per cent per quintal with an open interest
of 68,970 lots. Market analysts said high supplies in the spot
market and a fall in demand in the domestic market following
Trading tip: end of festive season mainly influenced chana prices at futures
trade.
Sell Jeera Dec
Jeera futures inch up on firm spot market demand.
Below 14750
Jeera prices rose 0.52 percent per quintal in futures trade as
TGTS-14680/14600 speculators hiked positions tracking a firm spot market trend
on pick up in demand.
SL- 14810
EXPERT OPINION
Buy Turmeric Dec STOCK S1 S2 R1 R2
CHANA 4002 3941 4094 4145
Above 5080
RM SEED 4101 4059 4198 4251
TGTS-5110/5140 SOYABEAN 3241 3194 3341 3389
SL-5051 JEERA 15412 15228 15812 15999
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