DAILY COMMODITY REPORT 3rd APRIL 2014
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DAILY MARKET WRAPUP 3rd APRIL 2014 COMMODITY
CONTRACT
OPEN PRICE
HIGH
LOW
CLOSE PRICE
%CHANGE
OI (in lots)
GOLD
05-APR-14
27923.00
28399.00
27861.00
28080.00
0.52
318
SILVER
05-MAY-14
42550.00
43379.00
42528.00
42588.00
1.26
13837
CRUDEOIL
21-APR-14
5977.00
5989.00
5933.00
5990.00
-0.50
10549
NATURALGAS
25-APR-14
256.90
263.70
253.40
257.80
2.25
7328
COPPER
30-APR-14
404.20
408.85
403.80
403.75
0.28
20958
LEAD
30-APR-14
122.50
123.70
122.10
122.45
0.41
2719
NICKEL
30-APR-14
963.50
977.90
958.60
963.50
0.86
6111
ZINC
30-APR-14
118.30
119.50
118.10
118.40
0.00
1477
ALUMINIUM
30-APR-14
106.00
108.45
105.90
106.35
1.93
3568
LME WAREHOUSE STOCKS (02-APRIL- 2014)
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METAL
TONNES IN STORAGE
ALUMINIUM
-6425
COPPER
-1875
LEAD
UNCH
NICKEL
-276
TIN
UNCH
ZINC
5500 Call us at +91-731-6642300
INTERNATIONAL MARKETS 3rd APRIL 2014
PRECIOUS AND INDUSTRY METALS COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
COMEX GOLD
USD/T OZ.
1,292.60
+12.60
+0.98%
JUN 14
GOLD SPOT
USD/T OZ.
1,292.11
+2.21
+0.17%
N/A
COMEX SILVER
USD/T OZ.
19.99
+0.30
+1.53%
MAY 14
COMEX COPPER
USD/LB.
303.00
-0.45
-0.15%
MAY 14
PLATINUM SPOT
USD/T OZ.
1,437.75
+0.62
+0.04%
N/A
ENERGY COMMODITY FUTURES COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
CRUDE OIL (WTI)
USD/BBL.
99.31
-0.31
-0.31%
MAY 14
CRUDE OIL (BRENT)
USD/BBL.
104.68
-0.11
-0.10%
MAY 14
RBOB GASOLINE
USD/GAL.
286.81
+0.13
+0.05%
MAY 14
NYMEX NATURAL GAS
USD/MMBTU
4.37
0.00
+0.05%
MAY 14
NYMEX HEATING OIL
USD/GAL.
286.39
-2.39
-0.83%
MAY 14
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INTRADAY SUPPORT AND RESISTANCE 3rd APRIL 2014
COMMODITY
EXPIRY
SUP.3
SUP.2
SUP.1
PIVOT
RES.1
ALUMINIUM
30-APR
105.00
106.70
107.60
109.30
110.20
COPPER
30-APR
400.73
402.72
405.78
407.77
410.83
CRUDEOIL
21-APR
5906
5935
5962
5991
6018
GOLD
5-JUN
27491
27771
28049
28329
28607
LEAD
30-APR
121.33
122.17
122.93
123.77
124.53
NATURALGAS
25-APR
249.77
256.63
260.27
267.13
270.77
NICKEL
30-APR
950.0
960.8
969.3
980.1
988.6
SILVER
5-MAY
42163
42649
43014
43500
43865
ZINC
30-APR
117.28
117.87
118.68
119.27
120.08
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MOST ACTIVE CONTRACTS 3rd APRIL 2014
Symbol
Expiry Date
LTP
Value (In Lacs)
Volume (In Lots)
SILVERMICRO
30-04-2014
43164.00
2,95,74,24,624.00
68,516
CRUDE OIL
21-04-2014
5960.00
37,36,02,600.00
62,685
NATURAL GAS
25-04-2014
263.60
1,25,31,280.40
47,539
COPPER
30-04-2014
404.55
1,39,92,575.40
34,588
SILVER M
30-04-2014
43165.00
1,44,81,42,585.00
33,549
COPPERMINI
30-04-2014
404.55
93,85,560.00
23,200
SILVER
05-05-2014
43126.00
86,73,06,986.00
20,111
NICKEL
30-04-2014
971.80
1,61,78,526.40
16,648
ALUMINI
30-04-2014
108.40
15,35,811.20
14,168
NICKELMINI
30-04-2014
971.60
1,36,82,071.20
14,082
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TODAY,S COMMODITY NEWS 3rd APRIL 2014
COMMODITY HEADLINES Rajan hints at gradual easing of gold import curbs RBI relaxes rough diamond import norms Aluminium down 0.3% on weak global cues Copper up 0.1% on positive global cues Nickel up 0.3% on firm demand, global cues Agri volumes up on bourses in evening session Sugar production dips 7% in six months Refined soya oil up 0.6% on pick-up in demand Crude prices ease in Asia on profit taking Oil prices mixed in Asia after strong US data Oil prices up in Asia on US data Mentha oil up 0.1% on industrial demand Mentha oil down 1.2% on sluggish demand India's coffee exports marginally up 2.8% in FY14
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COMMODITY BUZZ AND ECONOMIC EVENTS 3rd APRIL 2014
SPECIAL NEWS
Nationwide said yesterday that UK house prices increased by 0.4% in March and were 9.5% higher than March 2013. Prices are still around 3% below 2007 peak. The Nationwide Monthly Index was 360.5, up from 358.9 in February. The Average Price was ÂŁ180,264, up from ÂŁ177,846. Commenting on the figures, Robert Gardner, Nationwide's Chief Economist stated that here is little doubt that the recovery in the housing market is now firmly established, with activity levels picking up and house prices recording their fifteenth successive monthly increase in March. New Zealand commodity prices have eased for the first time in four months as cheese and milk powder declined, taking the ANZ Commodity Price Index down 0.1% to 337 in March. However, the index is still up 14% compared to the last year. International prices for 10 of New Zealand's main commodities increased in the month and three fell. The price of whole milk powder led the decline, down 6%, while prices for skim milk powder and cheese dropped 2%.
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COMMODITY BUZZ In a further liberalizing of the norms for rough diamond imports, the Reserve Bank of India (RBI) has lifted restrictions on a number of mines abroad, to which advance remittances can be extended for such import of roughs. Banks may use their own discretion to extend advance remittance to Indian importers in favor of global miners. Based on recommendations from the Gems & Jewellery Export Promotion Council (GJEPC), RBI had in 2007 notified five global miners of roughs including Diamond Trading Company, UK; Rio Tinto, UK and BHP Billiton, Australia Gold futures inched up in the Asia electronic trades today, getting some buying support as the metal traded near its lowest in seven weeks. Gold for June delivery is trading up $3.9 at $ 1283.9 an ounce on the Comex division of the New York Mercantile Exchange. Yesterday, it fell $3.80, or 0.3%, to settle at $1,280 an ounce. The metal has fallen by 2.9% in March but ended the first quarter with a 6.8% rise. The yellow metal tumbled yesterday as strong US factory data boosted optimism about economic growth, diminishing bullion's safe-haven appeal
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EPIC RESEARCH– ANALYST SPEAKS 3rd APRIL 2014
SILVER
SILVER MCX Short term trend is DOWN, Immediate support @ 42200Immediate Resistance @ 43600SILVER MCX Closed @ 42588.00 . Yesterday Intraday Range of SILVERMCX was 851. Open Interest was down -5.38 %, Volumes were 18996 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY SILVER(MAY) ABOVE 43230 TGTS 43530/43830 SL 42880 SELL SILVER(MAY) BELOW 43000 TGTS 42800/42500 SL 43350
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EPIC RESEARCH– ANALYST SPEAKS 3rd APRIL 2014
GOLD
GOLD MCX Short term trend is down, Immediate support @ 27750 Immediate Resistance @ 28160 GOLD MCX Closed @28080.00. Yesterday Intraday Range of GOLD MCX was 558. Open Interest was UP 11.74 %, Volumes were 13630 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY GOLD(JUN) ABOVE 28160 TGTS 28240/28340 SL 28040 SELL GOLD(JUN) BELOW 27900 TGTS 27820/27720 SL 28020
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EPIC RESEARCH– ANALYST SPEAKS 3rd APRIL 2014
GUARSEED
RESISTANCE 2
4815.00
RESISTANCE 1
4865.00
PIVOT
4755.00
SUPPORT 1
4730.00
SUPPORT 2
4695.00
Guarseed apr short term trend looking sideways to bearish in daily chart. Momentum indicators is in mid range. In intraday basis immediate support @ 4720 & immediate resistance @ 4785. BUY GURAGUM ABOVE 13370 TG 13420, 13500 SL 13280 SELL GURAGUM BELOW 12270 TG 12220 ,12170 SL 12360
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EPIC RESEARCH– ANALYST SPEAKS 3rd APRIL 2014
DHANIYA
RESISTANCE 2
9705.00
RESISTANCE 1
9776.00
PIVOT
9573.00
SUPPORT 1
9537.00
SUPPORT 2
9440.00
On Technical chart Dhaniya April is in bullish trend where dhaniya April future made new high, immediate support @ 9510 and immediate resistance @ 9655.Momentum indicators RSI and is above their mid range also support bullish trend in dhaniya. Expecting that rising in price will continue in upcoming trading session. BUY DHANIYA ABOVE 9500 TG 9530,9580 SL 9450 SELLDHANIYA BELOW 9320 TG 9290,9240 SL 9370
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TODAY’S ECONOMIC EVENTS 3rd APRIL 2014
THURSDAY, APRIL 3 TIME
COUNTRY
EVENT
03:13
EUR
SPANISH SERVICES PMI
53.5
53.7
03:45
EUR
ITALIAN SERVICES PMI
52.0
52.9
03:50
EUR
FRENCH SERVICES PMI
51.4
51.4
03:55
EUR
GERMAN SERVICES PMI
54.0
54.0
04:00
EUR
SERVICES PMI
52.4
52.4
04:30
GBP
SERVICES PMI
58.1
58.2
05:00
EUR
RETAIL SALES (MOM)
-0.6%
1.6%
07:45
EUR
INTEREST RATE DECISION
0.25%
0.25%
08:30
CAD
TRADE BALANCE
0.20B
-0.18B
08:30
EUR
ECB PRESS CONFERENCE
08:30
USD
INITIAL JOBLESS CLAIMS
317K
311K
08:30
USD
TRADE BALANCE
-38.50B
-39.10B
10:00
USD
ISM NON-MANUFACTURING EMPLOYMENT
10:00
USD
ISM NON-MANUFACTURING PMI
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ACTUAL FORECAST PREVIOUS
47.5 53.5
51.6 Call us at +91-731-6642300
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