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DAILY AGRI REPORT BY EPIC RESEARCH- 21 NOVEMBER 2012
1. DAILY AGRI REPORT
21ST NOVEMBER 2012
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2. HEADLINES
Chana imports may rise as sowing declines.
Chana or chick pea taking a hit due to erratic weather
conditions, traders expect import to rise sharply in the next
two months. Increased availability due to imports is likely to
pull down chana prices by around 10-15 per cent by February
next year from its current levels. Chana prices have already hit
a high of Rs 4800 to Rs 5000 per quintal in August to October
period. We expect about 500,000 tonnes of chana imports this
Trading tip: fiscal. This will improve the availability and will soften the
prices.
Sell Dhaniya Dec
Jeera futures decline 0.34 pc on sluggish demand.
Below 5005
Jeera prices declined by Rs 50 per quintal in futures trading
TGTS-4965/4915 today as traders reduced their positions, tracking a weak trend
at spot market on sluggish demand.
SL- 5047
EXPERT OPINION
Sell RMSeed Dec
STOCK S1 S2 R1 R2
Below 4210
CHANA 4278 4241 4371 4434
TGTS-4170/4120
RM SEED 4187 4137 4278 4321
SL-4241 SOYABEAN 3212 3159 3311 3367
JEERA 14641 14427 14987 15221
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