DAILY COMMODITY REPORT 15th APRIL 2014
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DAILY MARKET WRAPUP 15th APRIL 2014 COMMODITY
CONTRACT
OPEN PRICE
HIGH
LOW
CLOSE PRICE
%CHANGE
OI (in lots)
GOLD
05-Jun-14
28845
28986
28843
28959
+0.57%
9380
SILVER
05-May-14
43040
43365
42803
43229
-0.63%
13673
CRUDEOIL
21-Apr-14
6294
6294
6250
6282
+0.50%
9811
NATURALGAS
25-Apr-14
280.1
280.1
274.8
275.3
-2.75%
7251
COPPER
30-Apr-14
407.6
409.6
406.4
406.8
+0.05%
20694
LEAD
30-Apr-14
126.2
127.55
126.2
127.4
-0.31%
2997
NICKEL
30-Apr-14
1055
1086.9
1055
1075.9
+4.01%
9109
ZINC
30-Apr-14
123.8
124
123.3
123.75
+0.24%
1764
ALUMINIUM
30-Apr-14
112.35
112.6
111.8
111.95
-0.80%
3216
LME WAREHOUSE STOCKS (11-APRIL- 2014)
YOUR MINTVISORY
METAL
TONNES IN STORAGE
ALUMINIUM
325
COPPER
-1700
LEAD
UNCH
NICKEL
-1908
TIN
-10
ZINC
-3375 Call us at +91-731-6642300
INTERNATIONAL MARKETS 15th APRIL 2014
PRECIOUS AND INDUSTRY METALS COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
COMEX GOLD
USD/T OZ.
1,320.00
+1.00
+0.08%
JUN 14
GOLD SPOT
USD/T OZ.
1,320.27
-7.72
-0.58%
N/A
COMEX SILVER
USD/T OZ.
19.85
-0.10
-0.51%
MAY 14
COMEX COPPER
USD/LB.
302.95
-1.20
-0.39%
JUL 14
PLATINUM SPOT
USD/T OZ.
1,455.38
-9.50
-0.65%
N/A
ENERGY COMMODITY FUTURES COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
CRUDE OIL (WTI)
USD/BBL.
103.31
-0.43
-0.41%
MAY 14
CRUDE OIL (BRENT)
USD/BBL.
108.56
-0.51
-0.47%
MAY 14
RBOB GASOLINE
USD/GAL.
302.65
-1.19
-0.39%
MAY 14
NYMEX NATURAL GAS
USD/MMBTU
4.56
0.00
0.00%
MAY 14
NYMEX HEATING OIL
USD/GAL.
297.06
+3.74
+1.28%
MAY 14
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INTRADAY SUPPORT AND RESISTANCE 15th APRIL 2014
COMMODITY
EXPIRY
SUP.2
SUP.1
PIVOT
RES.1
RES.2
ALUMINIUM
30-APR
111.32
111.63
112.12
112.43
112.92
COPPER
30-APR
404.40
405.60
407.60
408.80
410.80
CRUDEOIL
21-APR
6231
6257
6275
6301
6319
GOLD
5-JUN
28786
28873
28929
29016
29072
LEAD
30-APR
125.70
126.55
127.05
127.90
128.40
NATURALGAS
25-APR
271.43
273.37
276.73
278.67
282.03
NICKEL
30-APR
1040.7
1058.3
1072.6
1090.2
1104.5
SILVER
5-MAY
42570
42900
43132
43462
43694
ZINC
30-APR
122.98
123.37
123.68
124.07
124.38
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MOST ACTIVE CONTRACTS 15th APRIL 2014
Symbol
Expiry Date
LTP
Value (In Lacs)
Volume (In Lots)
SILVERMICRO
30-04-2014
43245.00
1,59,81,18,975.00
36,955
CRUDE OIL
21-04-2014
6277.00
15,36,92,345.00
24,485
NATURAL GAS
25-04-2014
275.60
60,81,940.80
22,068
SILVER M
30-04-2014
43241.00
79,99,58,500.00
18,500
NICKEL
30-04-2014
1076.30
1,54,39,523.50
14,345
SILVER
05-05-2014
43213.00
46,98,54,949.00
10,873
NICKELMINI
30-04-2014
1076.40
1,04,71,219.20
9,728
COPPER
30-04-2014
406.65
39,22,952.55
9,647
COPPERMINI
30-04-2014
406.70
30,71,398.40
7,552
LEADMINI
30-04-2014
127.30
8,95,810.10
7,037
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TODAY,S COMMODITY NEWS 15th APRIL 2014
COMMODITY HEADLINES Seizure of smuggled gold in Ahmedabad zooms four times. Gold, silver imports dip 40% in 2013-14. Gold extends gains on stockists buying. Diamond trade looks towards Russia. Steelmakers win resource conservation battle, again. Aluminium down 0.3% on global cues. Lead down 0.1% on sluggish demand, overseas trend. Zinc down 0.1% on global cues. Supply problem ahead for coffee market. Coconut oil market heats up, prices touch Rs 15,000/quintal. "Fusarium wilt" threat to India's banana farming. Punjab sugar output may touch 46 mn quintals. Oil prices up as Russia-Ukraine tensions escalate. Crude oil prices fall further in Asia. Oil prices mixed on growing Ukraine fears. Rubber imports surged last fiscal. Mentha oil down 0.1% on low demand.
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COMMODITY BUZZ AND ECONOMIC EVENTS 15th APRIL 2014
SPECIAL NEWS India's exports grew by 3.98%to USD 312.35 bn in FY 2013-14 while imports dipped by 8.11% during the period. Imports declined to USD 450.94bn, narrowing the trade deficit to USD 138.59bn in the last fiscal. In FY 2012-13, trade deficit stood at USD 190.33bn. However, in March exports contracted by 3.15 per cent to USD 29.57bn and imports fell by 2.11% to USD 40 bn as compared to the same period last year. Trade deficit during the month was at USD 10.5bn as against USD 10.4bn in March 2013. In FY 2012-13, the country's merchandise exports had aggregated at USD 300.4bn. The overall shipments in 2013-14 fell short of the target of USD 325bn fixed by the govt. for the period. Eurozone industrial production expanded in February after remaining flat at the start of the year, Eurostat reported Monday. Driven by non-durable consumer goods and intermediate goods, industrial production grew 0.2 percent month-onmonth in February. This was the first rise in production in three months. Production of intermediate goods gained 0.6 percent and that of non-durable consumer goods climbed 0.5 percent. Meanwhile, durable consumer goods fell 1.2 percent and energy by 1.7 percent.
YOUR MINTVISORY
COMMODITY BUZZ MCX Gold futures are likely to open on a strong note in the evening trades yesterday as the global prices surged to a three week high in electronic moves following the tentative sentiments in global equities. Asian stock markets slipped today following two days of US declines. WTI Crude Oil also edged up above $104 per barrel amid renewed tensions between Ukraine and Russia. These developments supported the yellow metal and the COMEX futures quote at $1322.80, up $3.80 per ounce on the day. MCX Gold futures closed at Rs 28759 on Friday, after hitting highs above Rs 28800 per 10 grams. The gains in COMEX Gold yesterday could stretch the local futures towards Rs 29000 k yesterday. For long, the Indian steel sector has used lump iron ore, leaving fines for exports or at mine pitheads. The uniform 30 per cent duty on lump ore and fines, imposed for the ostensible purpose of resource conservation, reduced exports to about 14 million tonnes (mt) in 2013-14 from a record 113 mt in 2009-10. Traditionally, fines have accounted for about 90 per cent of our ore exports. The spot market cues suggests that higher supplies of around 6070 thousand bags of new chana have been reported in the major producing states such as Madhya Pradesh , Maharashtra and Gujarat.
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EPIC RESEARCH– ANALYST SPEAKS 15th APRIL 2014
SILVER
SILVER MCX Short term trend is UP. Immediate support @ 42500. Immediate Resistance @ 43460. Yesterday SILVER MCX Closed @ 43229. Yesterday Intraday Range of SILVER MCX was 562. Open Interest was UP +3.30 %, Volumes were 10020 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY SILVER(MAY) ABOVE 43460 TGTS 43660/43960 SL 43160 SELL SILVER(MAY) BELOW 42920 TGTS 42720/42420 SL 43220 YOUR MINTVISORY
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EPIC RESEARCH– ANALYST SPEAKS 15th APRIL 2014
GOLD
GOLD MCX Short term trend is UP. Immediate support @ 28600. Immediate Resistance @ 29000. Today GOLD MCX Closed @ 28959. Yesterday Intraday Range of GOLD MCX was 143. Open Interest was UP+ 4.45 %, Volumes were 4310 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY GOLD(JUN) ABOVE 28990 TGTS 29070/29170 SL 28880 SELL GOLD(JUN) BELOW 28790 TGTS 28710/28610 SL 28900
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EPIC RESEARCH– ANALYST SPEAKS 15th APRIL 2014
DHANIYA
RESISTANCE 1
9772
RESISTANCE 2
9706
PIVOT
9620
SUPPORT 1
9533
SUPPORT 2
9426
Dhaniya daily chart shows bullish trend. once again dhaniya fall form upper level. RSI is in mid range. expecting from here onwards profit booking will continue in upcoming trading session. Immediate support @ 9550 & Immediate resistance @ 9665. BUY DHANIYA MAY ABOVE 9665 TGTS 9695,9745 SL 9615 SELL DHANIYA MAY BELOW 9550 TGTS 9520,9470 SL 9600
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EPIC RESEARCH– ANALYST SPEAKS 15th APRIL 2014
GUARSEED
RESISTANCE 1
4883
RESISTANCE 2
4817
PIVOT
4710
SUPPORT 1
4637
SUPPORT 2
4523
Guarseed April short term trend looking sideways to bearish in daily chart. Expecting from here onwards guarseed may go down Momentum indicators RSI is below mid range, signs bearishness In intraday basis immediate support @ 4700 & immediate resistance @ 4770. BUY GUARSEED MAY ABOVE 4770 TGTS 4800,4850 SL 4720 SELL GUARSEED MAY BELOW 4700 TGTS 4670,4620 SL 4750
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TODAY’S ECONOMIC EVENTS 15th APRIL 2014
MONDAY, APRIL 15 TIME
COUNTRY
EVENT
07:00
AUD
MONETARY POLICY MEETING MINUTES
12:45
CHF
SWISS PPI (MOM)
-0.1%
-0.4%
TENTATIVE
CNY
CHINESE NEW LOANS
1,000B
645B
14:00
GBP
CPI (MOM)
0.2%
0.5%
14:00
GBP
CPI (YOY)
1.6%
1.7%
14:00
GBP
PPI INPUT (MOM)
-0.2%
-0.4%
14:30
EUR
GERMAN ZEW CURRENT CONDITIONS
51.8
51.3
14:30
EUR
GERMAN ZEW ECONOMIC SENTIMENT
45.0
46.6
18:00
CAD
MANUFACTURING SALES (MOM)
1.0%
1.5%
18:00
USD
CORE CPI (YOY)
1.6%
1.6%
18:00
USD
CORE CPI (MOM)
0.1%
0.1%
18:00
USD
CPI (MOM)
0.1%
0.1%
18:00
USD
NY EMPIRE STATE MANUFACTURING INDEX
8.00
5.61
18:30
USD
TIC NET LONG-TERM TRANSACTIONS
20:15
USD
FED CHAIR YELLEN SPEAKS
YOUR MINTVISORY
ACTUAL FORECAST PREVIOUS
7.3B
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