Daily Agri Report By www.epicresearch.co - 17 December 2012

HEADLINES Quality arrivals lend colour to turmeric. Prices of both varieties of turmeric rose on account of quality arrivals and upcountry enquiries. Exporters have received

Indore, India (prHWY.com) December 17, 2012 - Daily Agri Report by www.epicresearch.co - 17 December 2012

HEADLINES
Quality arrivals lend colour to turmeric.
Prices of both varieties of turmeric rose on account of quality
arrivals and upcountry enquiries. Exporters have received
some orders from North India and they are quoting increased
price for the spice. The local traders also purchased good
quantities. Stockists after verifying the samples have quoted
increased price due to qualityhybrid variety" said R.K.V.
Ravishankar,
President,
Erode
Turmeric
Merchants
Association.

Soybean futures surge.
Despite ongoing concerns about the strength of demand for
U.S. corn at current elevated prices, prices rebounded
TGTS-4060/4030
SL- 4114
morning. The concurrent surge posted by the soybean market
probably played a substantial role in the rise as did the slump
suffered by the U.S. dollar, since such losses make American
products cheaper for international clients
Trading tip:
Sell RMSeed Jan
Below 4090
TGTS-4060/4030
SL- 4114
DAILY SOYABEAN ANALYSIS:

OPEN: 3416
HIGH: 3443
LOW: 3391
CLOSE: 3399
SOYABEAN LOOKS UPWARD
TREND: BULLISH
STRATEGY: BUY ON DIPS
DAILY CHANA ANALYSIS:

OPEN: 3959
HIGH: 3974
LOW: 3940
CLOSE: 3947
CHANA LOOKS SIDEWAYS
TREND: CONSOLIDATE
STRATEGY: BUY ON DIPS
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