DAILY COMMODITY REPORT 06th DECEMBER 2013
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DAILY MARKET WRAPUP 06th DECEMBER 2013 COMMODITY
CONTRACT
OPEN PRICE
HIGH
LOW
CLOSE PRICE
%CHANGE
OI (in lots)
GOLD
05 DEC 2013
29523
29523
28953
29205
-1.15
8877
SILVER
05 DEC 2013
44698
44739
43851
44461
-1.15
10348
CRUDE
18 DEC 2013
6025
6055
60069
6034
-0.12
10845
NATURAL GAS
26 DEC 2013
247
254.7
244.5
254.50
+2.34
18272
COPPER
28 FEB 2013
450
450
446.05
447.1
-0.90
13867
NICKEL
31 DEC 2013
846.70
862.60
842.8
849.5
+0.14
8237
LEAD
29 NOV 2013
128.5
129.45
127.85
128.00
-0.62
2298
ZINC
29 NOV 2013
116.20
117.05
115.9
116
-0.43
2152
ALUMINIUM
31 DEC 2013
107.70
108.85
106.85
106.95
-1.20
2430
LME WAREHOUSE STOCKS (28 - NOV- 2013)
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METAL
TONNES IN STORAGE
ALUMINIUM
-9600
COPPER
-4025
LEAD
-525
NICKEL
-180
TIN
-5
ZINC
-4575 Call us at +91-731-6642300
INTERNATIONAL MARKETS 06th DECEMBER 2013
PRECIOUS AND INDUSTRY METALS COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
COMEX GOLD
USD/t oz.
1,226.20
-5.70
-0.46%
FEB 14
GOLD SPOT
USD/t oz.
1,226.83
+1.60
+0.13%
N/A
COMEX SILVER
USD/t oz.
19.34
-0.24
-1.20%
MAR 14
COMEX COPPER
USd/lb.
321.95
-1.00
-0.31%
MAR 14
PLATINUM SPOT
USD/t oz.
1,360.90
-1.78
-0.13%
N/A
ENERGY COMMODITY FUTURES COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
CBOT CORN
USD/BU.
432.25
-1.25
-0.29%
MAR 14
CBOT WHEAT
USD/BU.
652.25
+0.25
+0.04%
MAR 14
ICE COCOA
USD/MT
2,754.00
-15.00
-0.54%
MAR 14
ICE COTTON #2
USD/LB.
79.11
+0.26
+0.33%
MAR 14
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INTRADAY SUPPORT AND RESISTANCE 06th DECEMBER 2013
COMMODITY
EXPIRY
SUP.3
SUP.2
SUP.1
PIVOT
RES.1
RES.2
RES.3
ALUMINIUM
31-Dec
105.82
106.43
107.42
108.03
109.02
109.63
110.62
COPPER
28-Feb
437.97
440.83
446.07
448.93
454.17
457.03
462.27
CRUDEOIL
18-Dec
5856
5919
5980
6043
6104
6167
6228
GOLD
5-Feb
28565
28787
29190
29412
29815
30037
30440
LEAD
31-Dec
126.60
127.35
128.15
128.90
129.70
130.45
131.25
NATURALGAS
26-Dec
241.23
243.77
245.83
248.37
250.43
252.97
255.03
NICKEL
31-Dec
830.5
835.3
842.2
847.0
853.9
858.7
865.6
SILVER
5-Mar
42569
43111
44094
44636
45619
46161
47144
ZINC
31-Dec
114.82
115.43
116.07
116.68
117.32
117.93
118.57
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MOST ACTIVE CONTRACTS 06th DECEMBER 2013
Symbol
Expiry Date
LTP
Value (In Lacs)
Volume (In Lots)
SILVERMICRO
28-02-2014
44571.00
3,94,72,52,331.00
88,561
NATURAL GAS
26-12-2013
253.70
1,60,43,988.00
63,240
CRUDE OIL
18-12-2013
6035.00
34,20,45,695.00
56,677
SILVER M
28-02-2014
44574.00
2,05,64,66,064.00
46,136
GOLD PETAL
31-12-2013
3040.00
7,95,23,360.00
26,159
COPPER
28-02-2014
447.25
1,15,70,357.50
25,870
SILVER
05-03-2014
44557.00
1,00,89,04,151.00
22,643
COPPERMINI
28-02-2014
447.20
89,17,615.20
19,941
GOLD M
03-01-2014
30132.00
58,61,57,796.00
19,453
GOLD
05-02-2014
29254.00
53,87,70,918.00
18,417
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COMMODITY BUZZ AND ECONOMIC EVENTS 06th DECEMBER 2013
SPECIAL NEWS :
The U.S. Census Bureau said new home sales rose by 25.4% to a seasonally adjusted 444,000 units in November, beating expectations for an increase to 428,000 and hitting a four-month high.
Private-sector employment picked up in November, as employers added 215,000 jobs, Automatic Data Processing Inc. reported Wednesday. On Wednesday ADP revised October's gain to 184,000. Marking the strongest month of hiring in a year. data stoked expectations for a strong reading from the Labor Department’s November jobs report on Friday. while separate data showed sales of new homes jumped more than 25% in October.
Deutsche Bank AG (DBK) is cutting about 200 commodities jobs, joining the world’s largest financial firms in reducing headcount to the lowest since 2009 as prices for everything from energy to metals head for the first annual drop since the recession.
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COMMODITY BUZZ :
Total U.S. crude oil inventories stood at 385.8 million barrels. OPEC's decided to leave output unchanged through the first half of 2014 at 30 million barrels a day also supported the oil prices yesterday. Betterthan-expected data out of the U.S. housing and labor market also pushed up crude prices by fanning hopes for a more sustained economic recovery down the road in the U.S., the world's largest consumer of crude.
Organization of the Petroleum Exporting Countries (OPEC) decided to keep pumping 30 million barrels per day crude oil at least till the end of first half of 2014. However, the members of the organization Iraq and Iran, having set higher production targets.
The buyers of the Alluminium suing over allegations of price manipulation are scattered across the U.S. The defendants are accused of constricting aluminum supplies to drive up prices in violation of U.S. antitrust law.
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EPIC RESEARCH– ANALYST SPEAKS 06th DECEMBER 2013
SILVER MCX:
MCX SILVER march contract was closed at Rs 44461 down Rs -616, or -1.37 percent. The SILVER rate touched an intraday high of Rs 44739 and an intraday low of Rs 43851. So far 23952 contracts have been traded. Silver opened at morning with gap down and made day low.In mid session silver trade in narrow range and made night high. After 9.30 p.m. Have seen more buying pressure in silver and it will helpful to break the nearest resistance of 44950. BUY SILVER MAR ABOVE 44920 TGT 45120/45420 SL 44620 SELL SILVER MAR BELOW 44290 TGT 44090/43790 SL 44590
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EPIC RESEARCH– ANALYST SPEAKS 06th DECEMBER 2013
GOLD MCX:
MCX GOLD February contract was closed at Rs 29205 down Rs 389, or 01.31%. The GOLD rate touched an intraday high of Rs 29523 and an intraday low of Rs 28953. So far 19447 contracts have been traded. Gold Price is taking support at 28953 and trade in narrow range all day. In evening session gold price break the nearest support of 29280 and made new high of 29523 BUY GOLD FEB ABOVE 29450 TGT 29530/29630 SL 29350 SELL GOLD FEB BELOW 29160 TGT 29060/28940 SL 29280
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TODAY’S ECONOMIC EVENTS 06th DECEMBER 2013
Time
Counrty
Event
Actual
Forecast Previous
FRIDAY, DECEMBER 6 13:30
GBP
Halifax House Price Index (YoY)
7.2%
6.9%
13:30
GBP
Halifax House Price Index (MoM)
0.6%
0.7%
13:45
CHF
Swiss CPI (MoM)
-0.2%
-0.1%
16:30
EUR
German Factory Orders (MoM)
-0.6%
3.3%
19:00
CAD
Employment Change
12.0K
13.2K
19:00
CAD
Labor Productivity (QoQ)
0.5%
0.5%
19:00
CAD
Unemployment Rate
7.0%
6.9%
19:00
USD
Average Hourly Earnings (MoM)
0.2%
0.1%
19:00
USD
Average Weekly Hours
34.5
34.4
19:00
USD
Core PCE Price Index (MoM)
0.1%
0.1%
19:00
USD
Nonfarm Payrolls
180K
204K
19:00
USD
Personal Spending (MoM)
0.2%
0.2%
19:00
USD
Private Nonfarm Payrolls
180K
212K
19:00
USD
Unemployment Rate
7.2%
7.3%
20:25
USD
Michigan Consumer Sentiment
76.0
75.1
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