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DAILY AGRI REPORT BY EPIC RESEARCH- 20 NOVEMBER 2012
1. DAILY AGRI REPORT
20th NOVEMBER 2012
WWW.EPICRESEARCH.CO +91 9752199966
2. HEADLINES
Government to set base prices for soybeans.
The government will soon arrange base buying prices, locally
known as HPP, for soybeans in a bid to maintain the price
stability of one of the key commodities in Indonesia, which is a
major consumer of tempeh, tofu, soy sauce and soybean milk.
Deputy Trade Minister Bayu Krisnamurthi told reporters in
Jakarta on Friday that the government would shortly publish
two base buying prices, one for local soybean farmers and the
Trading tip: other for small-scale local tempeh and tofu makers.We will set
up the HPP for soybeans to protect both farmers and producers
Sell Dhaniya Dec
from the volatility of the soybean price.
Below 5000 NCDEX Castor seed tumbles on higher output
concerns.
TGTS-4950/4900
Castor Seed futures in NCDEX declined Friday on selling
SL- 5047 pressure on the back of higher production concerns along with
weak export deman .
Sell Turmeric Dec EXPERT OPINION
Below 5000 STOCK S1 S2 R1 R2
TGTS-4960/4910 CHANA 4331 4278 4412 4458
RM SEED 4211 4167 4298 4351
SL-5042
SOYABEAN 3241 3198 3342 3389
JEERA 14574 14348 14947 15214
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