EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 18 JANUARY 2016

Menthaoil trading range for the day is 872.1-883.7.
Mentha oil spot at Sambhal closed at 1022.70 per 1kg. Spot prices is down by Rs.-1.70/-.
Mentha oil prices dropped triggered by subdued demand from consuming industries in the spot market.
Further, ample stocks position due to increased supplies from major producing belts also influenced mentha oil prices.


The undertone was mixed in the physical markets as participants were unable to receive adequate inputs for price discovery.

For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co

Read More

EPIC RESEARCH NCDEX CHANA UPDATE OF 18 JANUARY 2016

Chana trading range for the day is 4325-4435.
Chana prices ended with gains on expectations of higher demand in domestic markets.
India's pulses import during first half of this fiscal rose 14.2% to 22.5 million ton due to fall in domestic output caused by poor monsoon.
As per the data, a maximum of 25,545 of pulses were seized in Karnataka, of which 5,787 tons have been offloaded


In Delhi spot market, chana remains unchanged at by 0 rupee to end at 4850 rupee per 100 kgs. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co

Read More

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 18 JANUARY 2016

Turmeric trading range for the day is 9430-10002.
Turmeric dropped due to sluggish demand in the spot market against adequate stocks positions on higher supplies from producing belts.
Further, hopes for a bumper harvest in the Western region with the arrival of Pongal too fuelled the downtrend.
Sources also stated that around 27-28 lakh bags of total stocks have been reported in local mandies.


In Nizamabad, a major spot market in AP, the price ended at 9525 rupees remains unchanged at0 rupees. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co

Read More

EPIC RESEARCH NCDEX JEERA UPDATE OF 18 JANUARY 2016

Jeera trading range for the day is 13685-14065.
Jeera prices gained as the overall acreage of jeera is likely to decline by 15-20 percent.
Jeera sowing reported higher by 1700 hectares in Gujarat as compared to last year area, sowing almost completed in Gujarat current year.
India's total carryover stock is currently estimated between 0.7-0.8 million bags versus 2.5 million bags a year ago.


In Unjha, a key spot market in Gujarat, jeera edged up by 1.35 rupees to end at 14705 rupee per 100 kg. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co

Read More

EPIC RESEARCH NCDEX REF. SOYA OIL UPDATE OF 18 JANUARY 2016

Ref.Soya oil trading range for the day is 596-610.
Ref soyoil prices ended with gains supported by good buying amid weak supply from producing belts.
India soybean oil imports two fold high in November after local demand of edible oils rose due to lack of domestic crushing.
India's soyoil imports surged to 216,836 tons in November compared to 121,097 tons for the same period a year ago.


At the Indore spot market in Madhya Pradesh, soyoil was steady at 606.7 rupees per 10 kgs. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co

Read More

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 18 JANUARY 2016

CPO trading range for the day is 417.9-424.9.
Crude palm oil prices dropped on increasing demand at the spot market.
Malaysia palm oil exports during Jan 1-10 rose 15.9% compared to a month earlier while output during December month falls.
Palm oil output dropped 15.4% to 1.39 million tons in December end compared to 1.65 million tons a month earlier.


Crude palm oil prices in spot market gained by 9.10 rupees and settled at 417.10 rupees. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co

Read More

EPIC RESEARCH NCDEX MAIZE UPDATE OF 18 JANUARY 2016

Maize trading range for the day is 1443-1497.
Maize prices ended with gains amid short covering after prices dropped in last some session tracking weakness in overseas prices.
Maize has been sown in 2.07 lakh hectares higher by 0.10 lakh hectares than the corresponding period of last year.
NCDEX accredited warehouses maize stocks gained by 60 tonnes to 22724 tonnes.


In Nizamabad maize prices remains unchanged at0 rupee to end at 1520 rupees per 100 kg. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co

Read More