Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
1. w eekly AgriReport(16 July 2012)
HIGHLIGHTS
India Wheat exports to gain momentum on high global prices
India's wheat exporters are having huge opportunities to tap the global grain
market on the basis of price differences. The domestic wheat is offered at very
competitive prices in the world commodity market on the back of record
production in the country
India's veg oil imports surges 24.65% during first eight months OY'12
With the rise in domestic demand amid lower availability of oilseeds for
crushing, India's vegetable oil imports rose 24.65% to 6,395,199 tons during
the first eight months (November to June) of the current oil year (OY).
Food, Fuel prices to soar over next 10 year: FAO, OECD
High income growth in developing countries is likely to hike the food and fuel
over the next 10 years amid depleting global stocks and production, according
to a joint report by Organization for Economic Cooperation and Development
(OECD) and the Food and Agriculture Organization (FAO).
Soybean hits record high; soya oil up as imports drop
Indian soybean futures rose two percent on Friday to hit a record high,
tracking a rally in the world market due to dry weather in the United States,
though a pick-up in soybean sowing in India weighed on sentiments.
2. www.epicresearch.co+919993959693
MARKET ANALYSIS:-
Monsoon worries are building up fears of worsening inflation. Agri-commodity prices
have already shot up 19% on the commixes since the beginning of July. Experts also
ascribe the price rise to depreciating rupee and brisk demand from China for certain
Indian commodities. The spurt in commodity prices in a span of 10 days will not make
the task of the RBI easy to cut rates.
Active futures prices of most of the commodities on the NCDEX, the commex with the
most liquid contracts, saw average rise of 7%. Turmeric lead the list with 19% rise. The
August delivery turmeric futures rose to Rs 4,862 level from Rs 4110 at close of June 30.
Others include barley (12.7%), jeera (11.8%), cotton seed oil cake (12.6%), wheat (11.8%)
and coriander (10.1%).
Future prices of kharif oil seeds like Soybean and castor seed also rose by 9.6% and 9.5%
respectively for the August delivery contracts. Soybean made all-time high of Rs 4,428
on Thursday on the back of price topping in the international market on Wheat has seen
an 8% rise in just six trading sessions on stronger cues from international markets. India
allowed 20 lakh tonne of wheat export on July 4 .Country produced a record 8.60 crore
tonne wheat in the last Rabi marketing season. Cereals like maize also followed strong
cues from global markets.
www.epicresearch.co +919993959693
4. www.epicresearch.co+919993959693
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 responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that sui ts
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 f or any transaction conducted based on the information given in this report, which is in violation of rule s
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 estimates 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 expressed 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 S MS 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 ta ken.
www.epicresearch.co +919993959693