DAILY COMMODITY REPORT 22ND JANUARY 2013
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ďƒ˜ HEADLINES
India Increases Import Tax on Gold. India increased the import tax on gold for a second time in 10 months in an effort to cut demand for the yellow metal, one of the biggest contributors to the
ďƒ˜ TRADING TIP:
Sell Zinc Jan Below 108.40 TGTS-107.80/106.80 SL-109.00
country's
large
current-account
deficit.
The
government increased the import tax to 6% from 4% with immediate effect. It also made a similar change in the import tax of platinum, which is considered by many as an alternative to gold for investment and for making jewelry. Copper Rises on Greek Aid Approval Before BOJ Policy Outcomes Copper gained in London as European finance ministers approved the next disbursement of aid for
Sell Crude Oil Feb Below 4990
Greece and ahead of a policy meeting outcome from Japan. Aluminum, zinc, lead and nickel also advanced. Copper for delivery in three months climbed as much
TGTS-4960/4920
as 0.7 percent to $8,110 a metric ton on the London
SL- 5020
Shanghai time. Futures for delivery in April on the
Metal Exchange, before trading at $8,107 at 10:41 a.m. Shanghai Futures Exchange added 0.6 percent to 58,520 yuan ($9,398) a ton.
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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
5164.00 42250 42390
-0.14 42435
45
5157.00 0.11
Nickel REF SOYA 7/19/2012
31-Jan-13 780.5 783.6
944.70 777.4 782.85
-1.27 781.3
-1.55
932.70 -0.2
SOY BEANSilver 7/19/2012
4309 5-Mar-13 4330
4265.5 59378.00 4303
4315 0.09
12
0.28 59432.00
TURMERIC 7/19/2012 Gold
4600 4676 5-Feb-13
4518 4664 30581.00
4540 0.58
-124
-2.66 30757.00
1251
1251
1282
WHEAT
7/19/2012
1282
1246
36
2.89
Lead
31-Jan-13
123.90
-0.61
123.15
Zinc
31-Jan-13
109.25
-0.64
108.55
Copper
28-Feb-13
438.65
-0.54
436.30
Aluminium
31-Jan-13
109.10
-0.96
108.05
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DAILY MCX GOLD CHART
ANALYSIS OPEN: 30599 HIGH: 30847 LOW: 30570 CLOSE: 30757
GOLD LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: BUY ON DIPS
DAILY MCX SILVER CHART
ANALYSIS OPEN: 59460 HIGH: 59649 LOW: 59322 CLOSE: 59432
SILVER LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: BUY ON DIPS
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