DAILY COMMODITY REPORT 08th APRIL 2014
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DAILY MARKET WRAPUP 08th APRIL 2014 COMMODITY
CONTRACT
OPEN PRICE
HIGH
LOW
CLOSE PRICE
%CHANGE
OI (in lots)
GOLD
05-APR-14
28230.00
28360.00
28221.00
28132.00
0.70
9273
SILVER
05-MAY-14
42970.00
43224.00
42770.00
43021.00
0.07
14541
CRUDEOIL
21-APR-14
6062.00
6126.00
6040.00
6058.00
-0.13
59118
NATURALGAS
25-APR-14
268.10
273.80
268.10
270.10
1.87
9668
COPPER
30-APR-14
400.10
408.15
399.25
405.90
0.24
36080
LEAD
30-APR-14
123.3
124.50
123.00
124.20
0.20
8464
NICKEL
30-APR-14
982.40
999.00
982.40
986.10
1.24
8042
ZINC
30-APR-14
120.70
121.20
120.25
120.30
0.71
1700
ALUMINIUM
30-APR-14
108.00
109.90
107.80
109.60
-0.55
3255
LME WAREHOUSE STOCKS (07-APRIL- 2014)
YOUR MINTVISORY
METAL
TONNES IN STORAGE
ALUMINIUM
775
COPPER
-3200
LEAD
UNCH
NICKEL
-936
TIN
-150
ZINC
-4325 Call us at +91-731-6642300
INTERNATIONAL MARKETS 08th APRIL 2014
PRECIOUS AND INDUSTRY METALS COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
COMEX GOLD
USD/T OZ.
1,300.30
-3.20
-0.25%
JUN 14
GOLD SPOT
USD/T OZ.
1,300.84
+3.56
+0.27%
N/A
COMEX SILVER
USD/T OZ.
19.93
+0.02
+0.12%
MAY 14
COMEX COPPER
USD/LB.
304.10
+1.85
+0.61%
MAY 14
PLATINUM SPOT
USD/T OZ.
1,429.50
+0.56
+0.04%
N/A
ENERGY COMMODITY FUTURES COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
CRUDE OIL (WTI)
USD/BBL.
100.95
+0.51
+0.51%
MAY 14
CRUDE OIL (BRENT)
USD/BBL.
106.14
+0.32
+0.30%
MAY 14
RBOB GASOLINE
USD/GAL.
293.43
+0.30
+0.10%
MAY 14
NYMEX NATURAL GAS
USD/MMBTU
4.48
+0.01
+0.13%
MAY 14
NYMEX HEATING OIL
USD/GAL.
289.60
-1.19
-0.41%
MAY 14
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INTRADAY SUPPORT AND RESISTANCE 08th APRIL 2014
COMMODITY
EXPIRY
SUP.2
SUP.1
PIVOT
RES.1
RES.2
ALUMINIUM
30-Apr
106.77
107.83
108.87
109.93
110.97
COPPER
30-Apr
396.10
401.85
405.00
410.75
413.90
CRUDEOIL
21-Apr
5985
6017
6071
6103
6157
GOLD
5-Jun
28163
28245
28302
28384
28441
LEAD
30-Apr
122.43
123.47
124.03
125.07
125.63
NATURALGAS
25-Apr
266.00
269.60
271.70
275.30
277.40
NICKEL
30-Apr
976.1
987.0
993.4
1004.3
1010.7
SILVER
5-May
42571
42825
43025
43279
43479
ZINC
30-Apr
119.83
120.52
120.93
121.62
122.03
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MOST ACTIVE CONTRACTS 08th APRIL 2014
Symbol
Expiry Date
LTP
Value (In Lacs)
Volume (In Lots)
CRUDE OIL
21-04-2014
6050.00
35,76,63,900.00
59,118
SILVERMICRO
30-04-2014
43066.00
2,31,69,93,866.00
53,801
NATURAL GAS
25-04-2014
273.00
1,04,31,057.00
38,209
COPPER
30-04-2014
407.60
1,47,06,208.00
36,080
SILVER M
30-04-2014
43066.00
1,32,14,80,210.00
30,685
COPPERMINI
30-04-2014
407.55
1,16,18,027.85
28,507
NICKEL
30-04-2014
998.30
2,03,57,333.60
20,392
SILVER
05-05-2014
43050.00
69,24,16,200.00
16,084
NICKELMINI
30-04-2014
998.30
1,53,91,789.40
15,418
ALUMINI
30-04-2014
108.95
13,78,762.25
12,655
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TODAY,S COMMODITY NEWS 08th APRIL 2014
COMMODITY HEADLINES Gold rises on sustained buying Oil India to borrow $900 million to refinance Mozambique stake loan: report Lead up 0.2% on strong spot demand Nickel up 0.2% on spot demand Copper down 0.7% on weak global cues India's agrochemical sector under severe stress on lower usage Jeera down 2% on sluggish demand Sugar down 1.4% on profit-bookings Oil prices rise in Asian trade Crude prices ease in Asia on profit taking Oil prices mixed in Asia after strong US data Mentha oil down 0.4% on sluggish demand Crude oil down 0.2% on Asian cues Cotton exports may drop 23% in 2014-15 on tight supplies: USDA
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COMMODITY BUZZ AND ECONOMIC EVENTS 08th APRIL 2014
SPECIAL NEWS
The HSBC Emerging Markets Index (EMI), a monthly indicator derived from the PMI (purchasing managers' index) surveys, dropped for the fourth straight month to 50.3 in March, from 51.1 in February, indicating only a marginal increase in private sector output across global emerging markets. Notably, output contracted since February in three of the four largest emerging economies. China posted a marginal decline for the second month
COMMODITY BUZZ COMEX Gold eased a bit after the spurt in the last session. The metal dropped below $1300 an ounce whereas the domestic gold futures were supported on the weakness in the Indian Rupee. COMEX Gold had shot up after non-farm payrolls on Friday but pulled back amid a correction in equities today. The metal trades at $1299.40, down $4.10 per ounce on the day. The MCX Gold futures for June are at Rs 28295 per 10 grams, up Rs 35 per 10 grams on the day with a 9% rise in the open interest.
running, while India slipped back into contraction. Meanwhile, Russian private sector output fell at the fast-
Copper is rolling forward on Monday's trades trying to break
est rate since May 2009. .
skewed trading range on MCX. The prices tried to move for-
Norilsk Nickel reported that the net profit declined by
ward on Monday's trades and were also facing some selling
64% on the year earlier to $765 million, marking a 7%
pressure near resistances. The metal was last seen trading at
decline in revenue and a 15% decrease in EBITDA, or
Rs 403.1 per kg, up 0.5%. The session so far has seen Copper
earnings before interest, taxes, depreciation and amorti-
testing intraday high at Rs 403.9 per kg, and a low of Rs
zation. The results showed rises in finance costs and
399.25 per kg. In a totally divergent move COMEX Copper
losses from investments. Norilsk results further showed
was at one week low trading at $ 3.016 per pound, down 0.6
an $841 million impairment of property, plant and
cents.
equipment,
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EPIC RESEARCH– ANALYST SPEAKS 08th APRIL 2014
SILVER
SILVER MCX Short term trend is DOWN, Immediate support @ 42700Immediate Resistance @ 43600 SILVER MCX Closed @43021.00. Yesterday Intraday Range of SILVER MCX was 454. Open Interest was UP +3.14 %, Volumes were 15395 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY SILVER(MAY) ABOVE 43250 TGTS 43450/43800 SL 42900 SELL SILVER(MAY) BELOW 42700 TGTS 42500/42150 SL 43050 YOUR MINTVISORY
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EPIC RESEARCH– ANALYST SPEAKS 08th APRIL 2014
GOLD
GOLD MCX Short term trend is down, Immediate support @ 27750Immediate Resistance @ 28360 GOLD MCX Closed @ 28132.00. Yesterday Intraday Range of GOLD MCX was 139. Open Interest was UP+ 5.70 %, Volumes were 8806 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY GOLD(JUN) ABOVE 28360 TGTS 28440/28540 SL 28250 SELL GOLD(JUN) BELOW 28180 TGTS 28100/28000 SL 28290
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TODAY’S ECONOMIC EVENTS 08th APRIL 2014
TUESDAY, APRIL 8 TIME
COUNTRY
ALL DAY
EVENT
ACTUAL FORECAST PREVIOUS
INDIA - RAM NAVAMI
03:30
NZD
NZIER BUSINESS CONFIDENCE
52
05:20
JPY
ADJUSTED CURRENT ACCOUNT
-0.04T
-0.04T
-0.59T
05:20
JPY
CURRENT ACCOUNT N.S.A.
0.613T
0.628T
-1.589T
07:00
AUD
NAB BUSINESS CONFIDENCE
4
09:30
IDR
INDONESIA INTEREST RATE DECISION
7.50%
7.50%
11:15
CHF
UNEMPLOYMENT RATE N.S.A.
3.3%
3.5%
11:15
CHF
UNEMPLOYMENT RATE S.A.
3.2%
3.2%
12:45
CHF
RETAIL SALES (YOY)
0.9%
0.3%
TENTATIVE
JPY
BOJ PRESS CONFERENCE
14:00
GBP
INDUSTRIAL PRODUCTION (MOM)
0.3%
0.1%
14:00
GBP
MANUFACTURING PRODUCTION (MOM)
0.3%
0.4%
17:45
CAD
HOUSING STARTS
191.0K
192.1K
18:00
CAD
BUILDING PERMITS (MOM)
-3.0%
8.5%
19:30
GBP
NIESR GDP ESTIMATE
19:30
USD
JOLTS JOB OPENINGS
23:00
USD
FOMC MEMBER KOCHERLAKOTA SPEAKS
YOUR MINTVISORY
53
7
0.8% 3.99M
3.97M
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