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Warning: strtotime(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/pancaps/public_html/index.php on line 17

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Warning: strtotime(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/pancaps/public_html/index.php on line 17
Castor
Friday, 27 March 2015 18:39

Castor

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Castor Strategy Till 07/01/15
Security Trend Lower Side Upper Side Recommendation
Castor Down 3950 4900 Sell on High
Risk to View: Demand side pressure may keep prices high
Today's Update:

>Low supply and increasing industrial demand is supporting castor prices.

>Gujarat farmers approached Future Market's Commission to ban future trading as it is making castor prices highly volatile.

>Export of castor seed meal fell marginally to 4.67 lakh tonnes from 4.95 lakh tonnes in this crop year.

>1.96 million tons production estimate is expected to fall due to unseasonal rainfall that damaged good amount of crop.

Major Events Affecting Castor:
>Govt has released first adv. Estimate of food grains for 2014-15 on 19, Sept, 2014. The govt. has estimated 19.63 lakh tonne production this year against the target of 16.65 lakh tonne.
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