Epic research daily commodity report 10 dec 2014

Page 1

DAILY COMMODITY REPORT 10th Dec 2014

Our Presence Epic Research India 411 Milinda Manor (Suites 409- 417)

HNI & NRI Sales Contact Australia

Toll Free Number

Mintara Road, Tarneit, Victoria. Post Code 3029

1-800-200-9454

Phone.: +61 422 063855

All queries should be directed to

2 RNT Marg. Opp Cental Mall Indore (M.P.)

Info@epicresearch.co

Hotline: +91 731 664 2300 Or give us a missed call at 026 5309 0639

HNI & NRI Sales Contact USA 2117 Arbor Vista Dr. Charlotte (NC) Cell: +1 704 249 2315

YOUR MINTVISORY

Call us at +91-731-6642300


DAILY MARKET WRAPUP 10th Dec 2014 COMMODITY

CONTRACT

OPEN PRICE

HIGH

LOW

CLOSE PRICE

OI (in lots)

GOLD

5-Feb-15

26400

27280

26400

27159

630387.3

SILVER

5-Mar-15

36797

38730

36711

38521

399979.7

COPPER

27-Feb-15

399.25

408.85

397.85

406.4

17015.7

CRUDEOIL

18-Dec-14

3920

3987

3874

3943

606339.1

LEAD

31-Dec-14

126.25

126.3

124.75

125.5

57942.24

NICKEL

31-Dec-14

1031.4

1036

1013.1

1026.7

64557.75

NATURALGAS

26-Dec-14

227.4

231.3

224.6

229.1

187978.9

ZINC

31-Dec-14

137.5

138.2

136

138

76114.37

ALUMINIUM

31-Dec-14

121

122.15

120.3

121.6

3808

LME WAREHOUSE STOCKS (09-Dec- 2014)

YOUR MINTVISORY

METAL

TONNES IN STORAGE

ALUMINIUM

-10100

COPPER

950

LEAD

-2200

NICKEL

-162

ZINC

3200 Call us at +91-731-6642300


INTERNATIONAL MARKETS 10th Dec 2014

PRECIOUS AND INDUSTRY METALS COMMODITY

UNITS

PRICE

CHANGE

% CHANGE

CONTRACT

COMEX Gold

USD/t oz.

1,229.60

-2.40

-0.19%

Feb 15

Gold Spot

USD/t oz.

1,230.37

-0.69

-0.06%

N/A

COMEX Silver

USD/t oz.

17.09

-0.04

-0.26%

Mar 15

COMEX Copper

USd/lb.

291.05

-1.70

-0.58%

Mar 15

Platinum Spot

USD/t oz.

1,250.38

+3.32

+0.27%

N/A

ENERGY COMMODITY FUTURES COMMODITY

UNITS

PRICE

CHANGE

% CHANGE

CONTRACT

Crude Oil (WTI)

USD/bbl.

63.05

-0.77

-1.21%

01/15/14

Crude Oil (Brent)

USD/bbl.

66.06

-0.78

-1.17%

01/15/14

RBOB Gasoline

USd/gal.

169.77

-2.59

-1.50%

01/15/14

NYMEX Natural Gas

USD/MMBtu

3.65

0

-0.05%

01/15/14

NYMEX Heating Oil

USd/gal.

206.65

-1.75

-0.84%

01/15/14

YOUR MINTVISORY

Call us at +91-731-6642300


MOST ACTIVE CONTRACTS 10th Dec 2014

Symbol

Expiry Date

LTP

Value (In Lacs)

Volume (In Lots)

CRUDE OIL

18-12-2014

3956.00

57,63,89,200.00

1,45,700

SILVERMICRO

27-02-2015

38544.00

4,36,93,86,384.00

1,13,361

NATURAL GAS

26-12-2014

230.90

1,40,87,670.80

61,012

SILVER M

27-02-2015

38556.00

2,25,66,44,124.00

58,529

COPPER

27-02-2015

406.90

1,65,91,347.50

40,775

COPPERMINI

27-02-2015

406.75

1,37,34,727.25

33,767

SILVER

05-03-2015

38530.00

1,29,59,95,080.00

33,636

NICKEL

31-12-2014

1026.90

2,48,04,769.50

24,155

GOLD M

05-01-2015

27014.00

64,59,58,768.00

23,912

GOLD

05-02-2015

27153.00

61,24,63,068.00

22,556

YOUR MINTVISORY

Call us at +91-731-6642300


INTRADAY SUPPORT AND RESISTANCE 10th Dec 2014

COMMODITY

EXPIRY

SUP.2

SUP.1

PIVOT

RES.1

RES.2

ALUMINIUM

31-Dec

119.50

120.55

121.35

122.40

123.20

COPPER

27-Feb

393.37

399.88

404.37

410.88

415.37

CRUDEOIL

18-Dec

3822

3882

3935

3995

4048

GOLD

5-Feb

26066

26613

26946

27493

27826

LEAD

31-Dec

123.97

124.73

125.52

126.28

127.07

NATURALGAS

26-Dec

221.63

225.37

228.33

232.07

235.03

NICKEL

31-Dec

1002.4

1014.5

1025.3

1037.4

1048.2

SILVER

5-Mar

35968

37245

37987

39264

40006

ZINC

31-Dec

135.20

136.60

137.40

138.80

139.60

YOUR MINTVISORY

Call us at +91-731-6642300


COMMODITY NEWS 10th Dec 2014

COMMODITY HEADLINES

Gold jumps 1.5% in early London trade.

Brent resumes its fall, losing more than $1 on oversupply worries.

Lead down by 0.2% on global cues.

Copper gains by 0.3% on overseas trend.

Crude palm oil softens by 0.2% on sluggish demand.

Copper Prices Decline For Third Consecutive Session On COMEX.

Natural gas futures bounce off 13-month low on bargain buying .

Gold holds close to 7-week high on safe-haven demand.

YOUR MINTVISORY

Call us at +91-731-6642300


COMMODITY BUZZ AND ECONOMIC EVENTS 10th Dec 2014

COMMODITY BUZZ

SPECIAL NEWS 

Germany's exports dropped slightly in October, while imports logged the steepest decline in nearly two years, data from Destatis showed Tuesday. Exports dropped 0.5% month-on-month in October reversing a 5.5% gain in September. However, the imports from European economic powerhouse plummeted 3.1% after rising 5.2% a month ago. It was the biggest fall since November 2012. As the decline in imports exceeded the fall in exports, the trade surplus increased to a seasonally adjusted EUR 20.6 billion in October from EUR18.6 billion in September. The year-onyear growth in exports slowed to 4.9% from 8.6percent in September. The in imports also dropped sharply to 0.9% from 8.2% in previous month. Copper prices declined for the third consecutive session on Tuesday, as growing concerns over the global economic outlook and the impact on future demand prospects dampened the appeal of the commodity. On the Comex division of the New York Mercantile Exchange, copper for March delivery shed 0.9 cents, or 0.3%, to trade at $2.877 a pound. Prices hit a session low of $2.869 earlier, the weakest level since December 4. A day earlier, copper lost 1.7 cents, or 0.59%, to settle at $2.885.

YOUR MINTVISORY

The US's aluminum imports totaled 268,000 tons in October, soaring substantially by 18% compared to the same time a year ago. The figure hits a record high for the month since 2008, also up by 11% from the previous month. Canada was the major aluminum exporter to the country.

.The Organization for Economic Cooperation and Development leading index held steady at 100.4 in October. The index continues to point stable expansion in the United States, Canada, China and Brazil, while tentative signs of a positive change in momentum are emerging in Japan, the OECD said. It said the composite leading indicators signaled stable growth momentum in most major economies and in the OECD area as a whole.

German Federal Statistical Office (Destatis) reported on today that after calendar and seasonal adjustment, exports declined by 0.5% and imports slipped by 3.1%, compared with September 2014. Exports surged 5.5% and imports swelled 5.5% in September. In calendar and seasonally adjusted terms,

Call us at +91-731-6642300


EPIC RESEARCH– ANALYST SPEAKS 10th Dec 2014

GOLD

BUY GOLD FEB ABOVE 27280 TGTS 27360,27460 SL BELOW 27190 SELL GOLD FEB BELOW 27050 TGTS 26970,26870 SL ABOVE 27140

YOUR MINTVISORY

Call us at +91-731-6642300


EPIC RESEARCH– ANALYST SPEAKS 10th Dec 2014

SILVER

BUY SILVER MAR ABOVE 38750 TGTS 38950,39250 SL BELOW 38450 SELL SILVER MAR BELOW 38300 TGTS 38100,37800 SL ABOVE 38800

YOUR MINTVISORY

Call us at +91-731-6642300


TODAY’S ECONOMIC EVENTS 10th Dec 2014

THUSDAY, DEC 09 TIME

COUNTRY

EVENT

ACTUAL

FORECAST

PREVIOUS

05:00

AUD

Westpac Consumer Sentiment (Dec)

-

-

1.9%

05:20

JPY

BSI Large Manufacturing Conditions (Q4 )

8.1

13.1

12.7

06:00

AUD

Home Loans (MoM) (Oct)

0.3%

0.2%

-0.4%

06:00

AUD

Westpac Consumer Sentiment (Dec)

-5.7%

-

1.9%

07:00

CNY

CPI (MoM) (Nov)

-0.2%

0.1%

0.0%

07:00

CNY

CPI (YoY) (Nov)

1.4%

1.6%

1.6%

07:00

CNY

PPI (YoY) (Nov)

-2.7%

-2.4%

-2.2%

12:00

EUR

French Non-Farm Payrolls (QoQ) (Q3)

-

-0.2%

-0.2%

15:00

GBP

Trade Balance (Oct)

-

-9.53B

-9.82B

YOUR MINTVISORY

Call us at +91-731-6642300


DISCLAIMER 10th Dec 2014 The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most.

Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility.

The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE.

The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for. Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks.

We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.

YOUR MINTVISORY

Call us at +91-731-6642300


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.