Daily commodity report 22 aug 2014 by epic research pvt ltd indore

DAILY COMMODITY REPORT 22th Aug 2014

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DAILY MARKET WRAPUP 22th Aug 2014 COMMODITY

CONTRACT

OPEN PRICE

HIGH

LOW

CLOSE PRICE

OI (in lots)

GOLD

3-Oct-14

28258

28282

28150

28212

9374

SILVER

5-Sep-14

42350

42494

42165

42341

9504

COPPER

29-Aug-14

415.9

425.75

415.45

425.05

11406

CRUDEOIL

19-Sep-14

5687

5720

5660

5699

16941

LEAD

28-Aug-14

135.5

136.9

135.05

136.75

2507

NICKEL

28-Aug-14

1129.6

1152.6

1127.1

1145.5

3997

NATURALGAS

26-Aug-14

235.7

236.2

230.4

232.3

6820

ZINC

28-Aug-14

140.45

143.25

140.4

143.1

5255

ALUMINIUM

28-Aug-14

123.15

125.3

122.25

125.2

6921

LME WAREHOUSE STOCKS ( 21-Aug- 2014)

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METAL

TONNES IN STORAGE

ALUMINIUM

-11500

COPPER

-1225

LEAD

1600

NICKEL

-126

ZINC

-675

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INTERNATIONAL MARKETS 22th Aug 2014

PRECIOUS AND INDUSTRY METALS COMMODITY

UNITS

PRICE

CHANGE

% CHANGE

CONTRACT

COMEX Gold

USD/t oz.

1,288.50

-6.70

-0.52%

Dec 14

Gold Spot

USD/t oz.

1,286.28

-5.66

-0.44%

N/A

COMEX Silver

USD/t oz.

19.41

-0.09

-0.47%

Dec 14

COMEX Copper

USd/lb.

318.45

-1.30

-0.41%

Dec 14

Platinum Spot

USD/t oz.

1,424.75

-2.75

-0.19%

N/A

ENERGY COMMODITY FUTURES COMMODITY

UNITS

PRICE

CHANGE

% CHANGE

CONTRACT

Crude Oil (WTI)

USD/bbl.

96.07

0.00

0.00%

Oct 14

Crude Oil (Brent)

USD/bbl.

102.05

-0.23

-0.22%

Oct 14

RBOB Gasoline

USd/gal.

271.32

+0.06

+0.02%

Sep 14

NYMEX Natural Gas

USD/MMBtu

3.86

+0.04

+0.99%

Sep 14

NYMEX Heating Oil

USd/gal.

282.30

-0.28

-0.10%

Sep 14

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MOST ACTIVE CONTRACTS 22th Aug 2014

Symbol

Expiry Date

LTP

Value (In Lacs)

Volume (In Lots)

CRUDE OIL

19-09-2014

5709.00

1,84,00,107.00

3,223

COPPER

29-08-2014

426.75

7,37,850.75

1,729

SILVERMICRO

29-08-2014

42121.00

5,70,31,834.00

1,354

NATURAL GAS

26-08-2014

234.50

3,15,168.00

1,344

GOLD M

05-09-2014

27619.00

2,79,78,047.00

1,013

COPPERMINI

29-08-2014

426.70

3,74,642.60

878

SILVER M

29-08-2014

42124.00

3,43,31,060.00

815

GOLD

03-10-2014

27755.00

2,22,87,265.00

803

NICKEL

28-08-2014

1139.00

5,77,473.00

507

ZINCMINI

28-08-2014

143.00

62,205.00

435

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INTRADAY SUPPORT AND RESISTANCE 22th Aug 2014

COMMODITY

EXPIRY

SUP.2

SUP.1

PIVOT

RES.1

RES.2

ALUMINIUM

28-Aug

123.22

123.73

124.62

125.13

126.02

COPPER

29-Aug

421.07

422.93

424.32

426.18

427.57

CRUDEOIL

19-Sep

5629

5687

5720

5778

5811

GOLD

3-Oct

27414

27580

27871

28037

28328

LEAD

28-Aug

134.53

135.22

136.23

136.92

137.93

NATURALGAS

26-Aug

224.60

230.00

235.20

240.60

245.80

NICKEL

28-Aug

1123.6

1131.3

1140.1

1147.8

1156.6

SILVER

5-Sep

41679

41879

42084

42284

42489

ZINC

28-Aug

141.43

142.02

142.83

143.42

144.23

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COMMODITY NEWS 22th Aug 2014

COMMODITY HEADLINES



Surat diamond bourse project gets fillip.



India's rough diamond buying to remain slow.



Gold sheds Rs 100 on weak global cues, sluggish demand.



Copper up 0.2% on strong global cues.



Nickel up 0.2% on firm overseas cues, spot demand.



Aluminium up 0.4% on overseas cues, spot demand.



Crude oil rises by 0.5% on Asian cues.



Oil prices rebound in Asia.



Brent crude falls as Iraqi Kurds retake Mosul Dam.

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COMMODITY BUZZ AND ECONOMIC EVENTS 22th Aug 2014

COMMODITY BUZZ

SPECIAL NEWS 

The Bank of England maintained its key rate unchanged at a historic low at the August meeting on a split vote, the



Copper futures gained some steam on the back of the housing starts data from the US showing increase in the month of July 2014. Data released Tuesday showed that U.S. housing starts jumped 15.7% in July, while the number of new permits granted to home-builders also accelerated, pointing to underlying strength in the housing sector .



Gold futures traded below the key $1,300 level on Wednesday ahead of FOMC minutes release later today.

Upbeat US housing and solid inflation data amid weak demand weighed gold prices. The data fueled market speculation that the Federal Reserve will close its assetpurchasing stimulus program in October and hike interest rates some time in 2015 .

minutes showed Wednesday. Two members sought a quarter point hike in the bank rate, to 0.75 percent, while all other seven members of the Monetary Policy Committee voted to keep the rate unchanged at 0.50 percent. Regarding the stock of purchased assets, the MPC unanimously voted to leave the program unchanged at GBP 375 billion .



According to the statistics reported by China Association of Automobile Manufacturers (CAAM), the production and sales of commercial vehicles in July were 247,500 and 260,200 units respectively, down 3.5% and 7.6% than that of last month. Comparing with last July, the production and sales were down 13% and 6.7% respectively. The sales and production of commercial vehicles continued to decline .

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EPIC RESEARCH– ANALYST SPEAKS 22th Aug 2014

GOLD

Major movement in GOLD MCX long term trend is up , GOLD MCX CLOSED @ 27747 . Gold Recover from bottom @ 27704 , go upside till 28161.for keep a close eye on US data, Volatility may Rule the overall market due to USD/INR MOVEMENTS BUY GOLD OCT ABOVE 27870 TGTS 27950,28050 SL 27780 SELL GOLD OCT BELOW 27700 TGTS 27620,27520 SL 27800

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EPIC RESEARCH– ANALYST SPEAKS 22th Aug 2014

SILVER

Major movement in SILVER MCX Short term trend is up, SILVER MCX CLOSED @ 42080 . Silver Recover from bottom @ 41883, go upside till 42288.for keep a close eye on US data, Volatility may Rule the overall market due to USD/INR MOVEMENTS BUY SILVER SEP ABOVE 42190 TGTS 42390,42690 SL 41900 SELL SILVER SEP BELOW 41900 TGTS 41700,41400 SL 42200

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TODAY’S ECONOMIC EVENTS 22th Aug 2014

FRIDAY, AUG 22

TIME

COUNTRY

EVENT

18:00

CAD

Core CPI (YoY)

-

1.8%

1.8%

18:00

CAD

Core CPI (MoM)

-

0.0%

-0.1%

18:00

CAD

Core Retail Sales (MoM)

-

0.4%

0.1%

18:00

CAD

CPI (MoM)

-

-0.1%

0.1%

18:00

CAD

Retail Sales (MoM)

-

0.6%

0.7%

19:30

USD

Fed Chair Yellen Speaks

-

-

-

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ACTUAL FORECAST PREVIOUS

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