DAILY-COMMODITY-REPORT BY EPIC RESEARCH 24 JAN 2013

Page 1

DAILY COMMODITY REPORT 24TH JANUARY 2013

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ďƒ˜ HEADLINES

Gold down on EU data, better economic outlook. Gold dropped ,retreating from the previous session's one-month high, as signs of an improving global economy capped investor interest in

ďƒ˜ TRADING TIP:

Sell Copper Feb Below 437.50 TGTS-434/431 SL-439.50

safe-haven

investments. The metal fell for the first time in the last three sessions, after the European Commission said consumer morale in the euro zone improved sharply in January. Reuters polls also showed that the world economy should perform slightly better this year on recovering Asian growth. Morgan Stanley Says Copper Price to Rise 7.6% in 2013 on Demand Copper prices will advance 7.6 percent in 2013 from last year as demand in China, the U.S. and even Europe

Sell Zinc Jan

is forecast to rise amid a supply deficit for the metal,

Below 110.40

copper prices to rise to $8,554 a metric ton, or $3.88 a

TGTS-109.80/109 SL- 111

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according to Morgan Stanley. The bank projected pound, in 2013 from $7,952 a ton in 2012, analysts Peter Richardson and Joel Crane wrote in a report today. They forecast the price to decline to $8,157 a ton in 2014 and $7,496 in 2015.

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PRODUCT NAME

EXP DATE

OPEN

HIGH

LOW

CLOSE

LTP

CHG

PERCENTAGE CHANGE

CHANA

7/19/2012

4556

4573

4525

4560

4532

-28

-0.61

CHILLI

7/19/2012

5060

5060

5018

5120

5018

-102

-1.99

GUR

7/19/2012

1188

1188

1178

1183.5

1178

-5.5

-0.46

JEERA

7/19/2012

14955

14960

14650

15052.5

14800

-252.5

KAPAS

7/19/2012

1044

1053

1035

1049

1041

-8

-0.76

Symbol

DAILY MARKET STATISTICS

Expiry Date

PCP

% Change

-1.68

LTP

Crude Oil PEPPER 7/19/2012

19-Feb-13 42300 42555

5202.00 42250 42390

-0.44 42435

45

5179.00 0.11

Nickel REF SOYA 7/19/2012

31-Jan-13 780.5 783.6

935.40 777.4 782.85

0.37 781.3

-1.55

938.90 -0.2

SOY BEANSilver 7/19/2012

4309 5-Mar-13 4330

4265.5 59617.00 4303

4315 0.42

12

0.28 59865.00

TURMERIC 7/19/2012 Gold

4600 4676 5-Feb-13

4518 4664 30772.00

4540 -0.26

-124

-2.66 30691.00

1251

1251

1282

WHEAT

7/19/2012

1282

1246

36

2.89

Lead

31-Jan-13

125.00

1.32

126.65

Zinc

31-Jan-13

110.00

0.64

110.70

Copper

28-Feb-13

440.20

-0.37

438.55

Aluminium

31-Jan-13

109.45

0.18

109.65

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 DAILY MCX GOLD CHART 

ANALYSIS OPEN: 30815 HIGH: 30847 LOW: 30659 CLOSE: 30691

GOLD LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: BUY ON DIPS


 DAILY MCX SILVER CHART

ANALYSIS OPEN: 59680 HIGH: 59947 LOW: 59525 CLOSE: 59865

SILVER LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: BUY ON DIPS

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