Daily Agri Report By www.epicresearch.co - 26 November 2012

HEADLINES Explaining the weakness in US Soybean prices Price weakness has been focused on soybeans following another upward revision in US soybean production in the 9

Indore, India (prHWY.com) November 26, 2012 - Daily Agri Report by www.epicresearch.co - 26 NOVEMBER 2012

HEADLINES
Explaining the weakness in US Soybean prices
Price weakness has been focused on soybeans following
another upward revision in US soybean production in the 9
November USDA WASDE report. Latest China agricultural trade
data released this week showed that China's soybean imports
in October totalled 4mn tonnes, down 19% m/m but still up 6%
y/y.
Refined soya rises as demand picks up.
Refined soya rises as demand picks up Spot market cues, festive
Below 1310 11.35 per 10 kg in futures trading as traders enlarged positions,
season pulled prices higher Refined soya oil prices rose by Rs
taking firm cues from spot market on strong demand due to
marriage season.

Trading tip:
Sell Mentha Oil
Below 1310
TGTS-1304/1296
SL- 1317
Previous Performance
Sell Turmeric
Below 5100
TGTS-5080/5050
SL-5122
DAILY SOYABEAN ANALYSIS:

OPEN: 3252
HIGH: 3288
LOW: 3244
CLOSE: 3271
SOYABEAN LOOKS SIDEWAYS
TREND: CONSOLIDATE
STRATEGY: BUY ON DIPS
DAILY CHANA ANALYSIS:

OPEN: 4270
HIGH: 4298
LOW: 4241
CLOSE: 4253
CHANA LOOKS SIDEWAYS
TREND: CONSOLIDATE
STRATEGY: BUY ON DIPS
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