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DAILY AGRI REPORT BY EPIC RESEARCH- 26 DECEMBER 2012
1. DAILY AGRI REPORT
26TH DECEMBER 2012
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2. HEADLINES
South African Soybean Futures Advance After Being
‘Oversold’
South African soybeans rose the most in a month after traders
deemed recent declines excessive. Soybeans for March, the
most active contract, advanced 1 percent to 4,840 rand
($564.54) a metric ton on the South African Futures Exchange
by 12 p.m. in Johannesburg. That’s the biggest one-day gain
since Nov. 22. The active contract declined to a five-month low
Trading tip: on Dec. 21, when it closed at 4,790 rand.
Buy Dhaniya Jan Cardamom futures up on restricted arrivals, good
demand
Above 5270 Cardamom prices rose by Rs 8 per kg in futures trade as
TGTS-5300/5330 participants enlarged their positions, driven by a firm demand
in the spot market against restricted arrivals from producing
SL- 5240 belts. On the Multi Commodity Exchange, cardamom for the
January contract rose by Rs 8, or 0.78 percent per kg.
EXPERT OPINION
Sell Jeera Mar
Below 15245 STOCK S1 S2 R1 R2
CHANA 3981 3937 4071 4134
TGTS-15170/15050
RM SEED 4122 4082 4223 4281
SL-15325 SOYABEAN 3181 3140 3271 3333
JEERA 15021 14822 15421 15612
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