Professional Documents
Culture Documents
RED CHILLI
Fundamentals: In Guntur, Red chilli market remains closed on summer vacation. Market will reopen on 4th June. Red Chilli Spot Market Prices: (Rs/Qtl) Grade 334 Teja Centre Guntur 21.5.12 Closed Closed 19.5.12 Closed Closed Change -
NCDEX-FUTURES MARKET Contract Jun-12 July-12 Aug-12 Contract Jun-12 July-12 Aug-12 +/-$ -6 -26 -14 Volume 3,030 1,145 340 Open 4910 4950 5150 High 4998 5040 5150 Low 4826 4880 5048 OI 9605 3010 1575 Close 4918 4952 5084 Change -125 30 30
Supply in bags (1 bag = 45 Kg) Parameter Arrivals Off-take Centre Guntur 21.5.12 Closed Closed 19.5.12 Closed Closed Change -
Stocks Guntur
In-Process 19-5-12 0
Spread Jun-12 July-12 Aug-12 Basis ---Jun-12 --July-12 -NB: Spread was done by taking Spot prices at Guntur for 334 quality. Basis = Spot prices Near month futures.
Spices-Daily-Fundamental-Report
22nd May, 2012
TURMERIC
Fundamentals: Turmeric major markets were reported up on Monday. Exporters were active in the domestic market as they have got fresh order for the Root variety turmeric from Punjab, Delhi and some other places. So, they purchased almost all the arrived root variety turmeric. Also fresh orders for the quality finger variety turmeric in the spot market. NCDEX-FUTURES MARKET Change Contract Jun-12 July-12 Aug-12 Volume 15,420 4,725 390 Change 12,140 -5,390 -2,435 OI 28,780 10,055 1,740 Change 27,380 -18,910 -7,640 Contract Jun-12 July-12 Aug-12 +/-$ 32 22 26 Open 4060 4212 4420 High 4136 4330 4452 Low 4040 4212 4370 Close 4086 4266 4390
Turmeric Spot Market Prices: (Rs/Qtl) Grade Finger Erode Gattah Nizam Nizamabad Centre 21.5.12 38504050 38503950 4000 19.5.12 Closed Closed Closed
Arrival & Off-take in bags (1 bag = 75 Kg) Parameter Arrivals Off-take Arrivals Off-take Centre Erode Nizamabad 21.5.12 12000 10800 5000 5000 19.5.12 Closed Closed Closed Closed Change -
In-Process 19-5-12 20 20 50
Spread Jun-12 July-12 Aug-12 Basis -286 --Jun-12 180 304 July-12 124 NB: Spread was done by taking Spot prices at Nizam for Nizam grade, Basis = Spot prices Near month futures.
Spices-Daily-Fundamental-Report
22nd May, 2012
CORIANDER SEED
Fundamentals: Steady to firm sentiment was reported in Coriander market on Monday. Low stocks amid restricted arrivals from producing regions support the prices. Export demand noticed for Eagle, Eagle A1 and Scotter variety in the current spot market. Sri Lanka and Nepal are the major export destination from Ramganj mandi. Higher production in 2012 due to higher acreage and favourable weather condition put pressure on prices. Coriander Prices: (Rs/Qtl) Grade Badami Eagle Badami Eagle Badami Eagle Centre Ramganj Kota Baran 21.5.12 2800 3000 2900 3000 2950 3100 21.5.12 12000 12000 5000 5000 4000 4000 InProcess 19-5-12 10 19.5.12 2650 2850 2900 3000 2900 3050 19.5.12 12000 12000 5000 5000 4000 4000 Change +150 +150 Unch Unch +50 +50 Change Unch Unch Unch Unch Unch Unch NCDEX-FUTURES MARKET Contract Jun-12 July-12 Aug-12 Contract Jun-12 July-12 Aug-12 +/-$ 27 30 45 Volume 8,380 3,460 260 Open 3768 3913 4050 High 3825 3964 4091 Low 3755 3900 4036 OI 21,870 10,930 340 Close 3788 3925 4050 Change 20,810 -11,640 -9,960
Arrival & Supply in bags (1 bag = 40 kg) Centre Arrivals Off-take Arrivals Off-take Arrivals Off-take Ramganj Kota Baran
Spread Jun-12 July-12 Aug-12 Basis -888 --Jun-12 137 262 July-12 125 NB: Spread was done by taking Spot prices at Kota for Badami grade. Basis = Spot prices Near month futures.
Stocks Guna
FED 14-5-12 20
Jaipur 739 30 769 39 Kota 10279 188 10467 1238 Ramganj 4362 0 4362 60 NB: FED expiry for Jaipur, Kota and Ramganj is 05- Mar 2012. (Quantity in MT)
Spices-Daily-Fundamental-Report
22nd May, 2012
BLACK PEPPER
Fundamentals: Firm sentiment witnessed in major pepper markets on Monday. Producers were not offloading their stocks in the domestic market on expectation of higher prices in future. Lower stocks positions in the domestic mandis amid global shortage were reported. In the international market, Indian black pepper MG -1 is quoted at USD 7,600 per ton per ton C&F US. Vietnam 500 GL quoted at USD 6,300 per ton and 550 GL at USD 6,550 per ton. Austa offered at USD 6,950 per ton FOB. Meanwhile, Double washed from Vietnam quoted at USD 9,300 per ton FOB. Brazil Austa offered at USD 7,000 per ton and B-1 560 GL offered at USD 6,850 per ton FOB.
Black Pepper Spot Market Prices: (Rs/Qtl) Grade Ungarbled Garbled Unpolished Number 11.5 Centre Kochi Delhi 21.5.12 38000 39500 42500 19.5.12 37600 39100 41000 Change +400 +400 +1500 -
Arrivals & Off-take in Tonnes Parameter Arrivals Off-take Arrivals Off-take Centre Kochi Delhi 21.5.12 31 35 19.5.12 20 30 Change +11 +5 -
NCDEX-FUTURES MARKET NCDEX-FUTURES MARKET Contract +/-$ Open Jun-12 490 39900 Contract +/-$ Open July-12 375 40700 Nov-11 -580 33600 Aug-12 200 41000 Dec-11 -535 34200 Sept-12 430 41710 Jan-12 -340 34500 Feb-12 25 34630 Contract Jun-12 Contract July-12 Nov-11 Aug-12 Dec-11 Sept-12 Jan-12
High 40700 High 41330 33600 41805 34200 42000 34580 34840
Low 39805 Low 40105 33070 41000 33720 41710 34300 34615
Close 40320 Close 40930 33080 41070 33720 41800 34300 34840
Demat In-Process Total FED 19-5-12 19-5-12 19-5-12 14-5-12 Calicut 11 41 0 41 Kochi 1431 2 1433 619 NB: FED expiry for Calicut is 05-April-2012 and for Kochi is 05-March-2012. (Quantity in MT) Stocks
Volume Change OI Change 3,835 3,589 4,294 4,054 Volume Change OI Change 873 -2,481 927 -3,221 3,494 -1,019 6,991 -644 46 -487 66 -629 1,624 -225 3,930 496 8 -32 12 -37 144 -9 313 3 Feb-12 25 11 79 5 Spread Jun-12 July-12 Aug-12 Sept-12 Basis -2320 ---Spread Jan-12 Feb-12 Nov-11 Dec-11 Jun-12 610 750 1480 Basis -580 -1220 -1800 -2340 July-12 140 870 Nov-11 640 1220 1760 Aug-12 730 Dec-11 580 1120 NB: Spread was done by taking Spot prices at Kochi for 540 Jan-12 Ungarbled grade.done by taking Spot prices at Kochifutures. NB: Spread was Basis = Spot prices Near month for Ungarbled grade.
Spices-Daily-Fundamental-Report
22nd May, 2012
CUMIN SEED
Fundamentals: Cumin prices were reported up in Unjha market on Monday. Due to supply crunch in international market Cumin seed demand are shifted to Indian market and support the prices. Demand from exporters was reported in the domestic market which also may support the prices in coming days. Indian cumin seed quoted at USD 2,500 per ton (cnf) Singapore. and 2,650 per ton (C&F) New York. In the international market Syria and Turkey are not offering. Trading activity reported stagnant in Syria on civil war. Jeera stock in Unjha is reported at 5 - 6 lakh bags (1 bag = 65 Kg) which was lower as compared to the previous year stocks. Similarly total stocks in India is reported to stay in the range of 8 - 9 lakh bags (1 bag = 65 Kgs). Cumin Spot Market Prices: (Rs/Qtl) Grade Loose Machine Cut NCDEX Quality Loose Centre Unjha Unjha Unjha Jodhpur 21.5.12 1275013050 1385013950 1355013650 19.5.12 Change 12650+100 12950 13750+100 13850 13450+100 13550 Change +1000 +3000 NCDEX-FUTURES MARKET Contract Jun-12 July-12 Aug-12 +/-$ -50 -30 -60 Open 13560 13888 14325 High 13688 14040 14388 Low 13365 13798 14103 Close 13450 13828 14173
Arrival & Off-take in bags Parameter Centre 21.5.12 19.5.12 Arrivals Unjha 16000 15000 Off-take Unjha 15000 12000 Arrivals Jodhpur Off-take Jodhpur Cumin Spot Market Prices: (Rs/Qtl) Unjha 1 bag=55 kg Jodhpur 1 bag=80 kg Arrival & Off-take in bags
NCDEX- STOCK POSITION
Spread Jun-12 July-12 Aug-12 Basis -550 --Jun-12 377.5 722.5 July-12 345 Unch NB: Spread was done by taking Spot prices at Unjha for Loose grade. Basis = Spot prices Near month futures.
Demat In-Process Total FED 19-5-12 19-5-12 19-5-12 14-5-12 Jodhpur 388 0 388 132 Unjha 1258 10853 160 11013 1637 NB: FED expiry for Jodhpur and Unjha is 05-March-2012. (Quantity in MT) Stocks
Spices-Daily-Fundamental-Report
22nd May, 2012
CARDAMOM
Fundamentals: Cardamom prices were reported up on Monday. At higher levels buyers were reported unresponsive, however export demand mainly found from UAE and other export destination. In long term, domestic demand may further increase from stockists and buyers on expectation of lower arrivals. Stockists anticipating a rise in prices during the current lean season are said to have bought good quantities of the material earlier, Expectation of lower arrivals in coming months like May, June and July may support the cardamom prices in the domestic market. MCX-FUTURES MARKET Change +160 +77.63 Contract Change Jun-12 -July-12 -Aug-12 Sept-12 Contract Parameter Arrivals Off-take Centre Santhanpara 21.5.12 52240 49333 19.5.12 33528 33195 Change +18712 16138 Jun-12 July-12 Aug-12 Sept-12 +/-$ -7.50 -18.30 -11.90 -Volume 7,130 1,578 462 -Open 1351.00 1375.50 1370.90 -High 1359.90 1391.10 1399.90 -OI 4,280 1,591 444 -Low 1321.80 1338.00 1345.10 -Close 1339.00 1348.00 1349.00 -Change -807 -2,504 -1,172 --
Cardamom Prices at Nedumkandam: (Rs/Kg) Auction Price Max price Small Avg.Price 21.5.12 1418.00 905.83 19.5.12 1258.00 828.20
Physical Valid Total Demat stock FED Stocks stock Stocks 19-5-12 19-5-12 19-5-12 18-5-12 40.20 0.00 40.20 23.50 NB: FED expiry for Vandanmettu is 29-February-2012 and 31-March-2012. (Quantity in MT)
Spread Jun-12 July-12 Aug-12 Sept-12 Basis -433.17 -442.17 -443.17 -Jun-12 9 10 -July-12 1 -Aug-12 -NB: Spread was done by taking Spot prices of Average quality prices. Basis = Spot prices Near month futures.
Spices-Daily-Fundamental-Report
22nd May, 2012
WHOLESALE PRICES FOR MINOR SPICES IN KERELA AND TAMIL NADU Spice Market Cochin Coimbatore Mettupalayam Gandhi Market Madurai Panruti Thalaivasal District/State Ernakulum Coimbatore Coimbatore Tiruchirapalli Madurai Cuddalore Salem Variety Local Local Local Local Dindigul Big Medium Local Grade 1 1 1 1 1 1 1 1 Price (Rs/Kg) Date 21.5.2012 19.5.2012
Cardamom
Spice
Market
District/State
Variety Black Green White Local Local Local Dindigul Local Local
Grade 1 1 1 1 1 1 1 1 1
Pepper
Spice
Grade 1 1 1 1 1 1 1
Coriander
Price (Rs/Kg) Date 21.5.2012 19.5.2012 76 76 60 60 80 80 82-92 82-92 82-92 82-92 46.25-52.50 46.25-52.50 55 55
Spices-Daily-Fundamental-Report
22nd May, 2012
Spice
Grade 1 1 1 1 1 1 1
Clove
Price (Rs/Kg) Date 21.5.2012 19.5.2012 958 958 950 950 1200 1200 1250 1250 950 950 1050 1050
Price (Rs/Kg) Spice Market Cochin Coimbatore Mettupalayam Gandhi Market Madurai Panruti Thalaivasal District/State Ernakulum Coimbatore Coimbatore Tiruchirapalli Madurai Cuddalore Salem Variety Local Local Local Local Dindigul Local Local Grade 1 1 1 1 1 1 1 21.5.2012 110 130 130 210 130 100-130 98 Date 19.5.2012 114 130 130 210 130 100-130 98
Fennel
Spice
Grade 1 1 1 1 1 1 1
Price (Rs/Kg) Date 21.5.2012 186 130 135 200 150 140 115 19.5.2012 186 130 135 200 150 140 115
Cinnamon
Spice
Grade 1 1 1 1 1 1 1
Fenugreek
Spices-Daily-Fundamental-Report
22nd May, 2012
Price (Rs/Kg) Spice Market Cochin Coimbatore Mettupalayam Madurai Panruti District/State Ernakulum Coimbatore Coimbatore Madurai Cuddalore Variety With shell Local Local Dindigul Local Grade 1 1 1 1 1 21.5.2012 430 470 450 460 850 Date 19.5.2012 430 470 450 460 850
Nutmeg
Price (Rs/Kg) Spice Market Cochin Coimbatore District/State Ernakulum Coimbatore Variety Nadan Himachal M.P. Hill Small-1,2,3 Himachal-1 Himachal-2 Local Grade 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 2 3 4 1 1 1 1 1 1 1 Date 21.5.2012 19.5.2012 48 48 15-16 15 13-22 20 14 15-20 50-80 20 18 35 22 12-19 25 20 30 20-30 35 20 15-20 50-80 18 35 22 12-18 25 20 30
Ottanchatram
Dindigul
Koyambedu Hosur
Chennai Krishnagiri
MathiyaPradesh New
Local M.P Local Malai Poondu Thaivan M.P U.P Local first Local second Local third Seed
Tiruchirapalli
Bangalore
Kumbakonam
Thanjavur
Spices-Daily-Fundamental-Report
22nd May, 2012
Spices
Market
District/State
Variety Dry VegetableFresh Mango NewMettupalayam Mango Kodagu New UP Local-New Himachal Maran New Local-Old KarnatakaNew Bangalore BangaloreMango New Old
Grade 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
Hosur Ginger Gandhi Market K.R.Market Kumbakonam Madurai Mettupalayam Panruti Thalaivasal
WHOLESALE PRICES FOR MAJOR SPICES IN KARNATAKA Modal Price (Rs/Quintal) Date 21.5.2012 19.5.2012
Spice
District/State Dakshina Kannada Kodagu Udupi Dakshina Kannada Uttara Kannada Uttara Kannada
Variety
Grade
Black Pepper
Other
Average
32289
Spices-Daily-Fundamental-Report
22nd May, 2012
Spice
Market
District/State
Grade
Average
Modal Price (Rs/Quintal) Date 21.5.2012 19.5.2012 7000 7000 6340 6340 6500 -
Spice
Market Gundlupet
Turmeric
Bangalore
NA-Not Available
Disclaimer The information and opinions contained in the document have been compiled from sources believed to be reliable. The company does not warrant its accuracy, completeness and correctness. Use of data and information contained in this report is at your own risk. This document is not, and should not be construed as, an offer to sell or solicitation to buy any commodities. This document may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior permission from the Company. IASL and its affiliates and/or their officers, directors and employees may have positions in any commodities mentioned in this document (or in any related investment) and may from time to time add to or dispose of any such commodities (or investment). Please see the detailed disclaimer at http://www.agriwatch.com/Disclaimer.asp 2005 Indian Agribusiness Systems Pvt Ltd.