DAILY COMMODITY REPORT 01st JANUARY 2014
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DAILY MARKET WRAPUP 01st JANUARY 2014 COMMODITY
CONTRACT
OPEN PRICE
HIGH
LOW
CLOSE PRICE
%CHANGE
OI (in lots)
GOLD
05 FEB 2014
28326.00
28578.00
28075.00
28422.00
+0.38
9451
SILVER
05 MAR 2014
44112.00
44588.00
42435.00
43833.00
-0.53
11101
CRUDE
20 JAN. 2014
6164.00
6173.00
6095.00
6122.00
-0.60
9446
NATURAL GAS
28 JAN. 2014
274.60
275.80
264.80
265.50
-3.39
12666
COPPER
28 FEB 2014
466.30
469.95
464.70
468.55
+0.43
13906
NICKEL
31 JAN 2014
873.10
875.00
862.80
864.00
-1.10
6466
LEAD
31 JAN 2014
138.50
138.50
136.30
136.55
-1.50
3610
ZINC
31 JAN 2014
129.25
129.35
127.60
127.80
-1.20
2969
ALUMINIUM
20 JAN 2014
110.95
111.35
109.75
110.10
-1.03
1851
LME WAREHOUSE STOCKS (31- DEC- 2013)
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METAL
TONNES IN STORAGE
ALUMINIUM
-6625
COPPER
-1025
LEAD
-500
NICKEL
336
TIN
-310
ZINC
44875 Call us at +91-731-6642300
INTERNATIONAL MARKETS 01st JANUARY 2014
PRECIOUS AND INDUSTRY METALS COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
COMEX GOLD
USD/T OZ.
1,202.30
-1.50
-0.12%
FEB 14
GOLD SPOT
USD/T OZ.
1,198.51
-3.13
-0.26%
N/A
COMEX SILVER
USD/T OZ.
19.37
0.00
0.00%
MAR 14
COMEX COPPER
USD/LB.
339.65
0.00
0.00%
MAR 14
PLATINUM SPOT
USD/T OZ.
1,367.45
-3.55
-0.26%
N/A
ENERGY COMMODITY FUTURES COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
CRUDE OIL (WTI)
USD/BBL.
98.42
0.00
0.00%
FEB 14
CRUDE OIL (BRENT)
USD/BBL.
110.80
-0.41
-0.37%
FEB 14
RBOB GASOLINE
USD/GAL.
278.58
0.00
0.00%
FEB 14
NYMEX NATURAL GAS
USD/MMBTU
4.23
-0.20
-4.45%
FEB 14
NYMEX HEATING OIL
USD/GAL.
306.52
0.00
0.00%
FEB 14
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INTRADAY SUPPORT AND RESISTANCE 01st JANUARY 2014
COMMODITY
EXPIRY
SUP.3
SUP.2
SUP.1
PIVOT
RES.1
RES.2
RES.3
ALUMINIUM
31-JAN
107.85
108.80
109.45
110.40
111.05
112.00
112.65
COPPER
28-FEB
460.27
462.48
465.52
467.73
470.77
472.98
476.02
CRUDEOIL
20-JAN
6009
6052
6087
6130
6165
6208
6243
GOLD
5-FEB
27636
27855
28139
28358
28642
28861
29145
LEAD
31-JAN
133.53
134.92
135.73
137.12
137.93
139.32
140.13
NATURALGAS
28-JAN
250.60
257.70
261.60
268.70
272.60
279.70
283.60
NICKEL
31-JAN
847.3
855.1
859.5
867.3
871.7
879.5
883.9
SILVER
5-MAR
40496
41466
42649
43619
44802
45772
46955
ZINC
31-JAN
125.40
126.50
127.15
128.25
128.90
130.00
130.65
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MOST ACTIVE CONTRACTS 01st JANUARY 2014
Symbol
Expiry Date
LTP
Value (In Lacs)
Volume (In Lots)
SILVERMICRO
28-02-2014
44006.00
6,30,17,47,212.00
1,43,202
SILVER M
28-02-2014
44005.00
3,02,85,12,110.00
68,822
SILVER
05-03-2014
43968.00
1,78,21,98,912.00
40,534
NATURAL GAS
28-01-2014
265.20
1,04,40,924.00
39,370
CRUDE OIL
20-01-2014
6121.00
22,54,54,793.00
36,833
GOLD PETAL
31-01-2014
2908.00
5,29,80,852.00
18,219
GOLD
05-02-2014
28466.00
49,56,49,992.00
17,412
COPPER
28-02-2014
468.55
80,34,226.85
17,147
COPPERMINI
28-02-2014
468.50
60,97,996.00
13,016
NICKEL
31-01-2014
866.40
1,10,66,527.20
12,773
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COMMODITY BUZZ AND ECONOMIC EVENTS 01st JANUARY 2014
COMMODITY BUZZ :
SPECIAL NEWS :
The Reserve Bank of India (RBI) has allowed gold refiners to import doer up to 15 per cent of their gross average viable quantity, based on their license entitlement in the first two months, for making this available to exporters on a firstin first-out basis. The quantum of gold dore to be imported should be determined lot-wise, on the basis of export performance.
Manufacturing activity in China fell more-thanexpected last month. Chinese Manufacturing PMI fell to an annual rate of 51.0, from 51.4 in the preceding month.
South Korea’s trade balance fell more-thanexpected in the last quarter. South Korean Trade Balance fell to a seasonally adjusted 3.70B, from 4.80B in the preceding quarter. Which was expected to fall to 3.76B in the last quarter.
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MCX Copper prices corrected sharply today as the inclination of buying by traders in Rupee resulted in selling in metals. Indian Rupee was gaining ground just before the closing of Forex markets.
At India's Multi Commodity Exchange, Gold has been trading in tight range in the last week of 2013 at Rs 28697 and 28075 levels. US gold futures for January delivery falling to $1198.6 per ounce while February contract is marginally up by $2.5 at $1204.8 an ounce. Gold marked its first annual drop in 13 years with a 28 percent slide and silver slumped 36 percent as central bank stimulus measures failed to boost inflation.
Production of refined zinc is expected to rise to 5.5 million tonnes in 2014 from 5.2 million in 2013, an increase of nearly 6 percent, as new smelters with combined capacity of 200,000 tonnes start up. As studies indicate, increasing demand of zinc for galvanizing steel from construction sector, demand of zinc alloys and die-casting in automobile sector, and investment in infrastructure development are the industry's major drivers.
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EPIC RESEARCH– ANALYST SPEAKS 01st JANUARY 2014
SILVER MCX:
The SILVER rate touched an intraday high of Rs 44588 and an intraday low of Rs 42435. 39871 contracts had been traded. Silver opened at morning with gap down and made day high. In mid session Silver trade in narrow range and made night low at 42435 . After evening there had been seen more selling pressure in silver and it will helpful to break the nearest support 43900 BUY SILVER ABOVE 44400 TGTS 44600/44900 SL 44040 SELL SILVER BELOW 43730 TGTS 43530/43230 SL 44100
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EPIC RESEARCH– ANALYST SPEAKS 01st JANUARY 2014
GOLD MCX:
The MCX GOLD rate touched an intraday high of Rs 28578 and an intraday low of Rs 28075. 17171 contracts had been traded. Gold Price was taking support at 28230 and traded in sideways range all day. In evening session gold price broke the nearest support 28290 and made low of 28075. BUY GOLD ABOVE 28480 TGTS 28560/28660 SL 28380 SELL GOLD BELOW 28350 TGTS 28270/28170 SL 28480
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TODAY’S ECONOMIC EVENTS 01st JANUARY 2014
Time
Counrty
Event
Actual
Forecast
Previous
51.0
51.2
51.4
WEDNESDAY, JANUARY 1 ALL DAY
DENMARK
HOLIDAY - NEW YEAR'S DAY
ALL DAY
UNITED STATES
HOLIDAY- NEW YEAR'S DAY
ALL DAY
HONG KONG
HOLIDAY- NEW YEAR'S DAY
ALL DAY
FRANCE
HOLIDAY- NEW YEAR'S DAY
ALL DAY
GERMANY
HOLIDAY- NEW YEAR'S DAY
ALL DAY
UNITED KINGDOM
HOLIDAY- NEW YEAR'S DAY
ALL DAY
SWITZERLAND
HOLIDAY- NEW YEAR'S DAY
ALL DAY
INDIA
HOLIDAY- NEW YEAR'S DAY
ALL DAY
CANADA
HOLIDAY- NEW YEAR'S DAY
ALL DAY
CHINA
HOLIDAY- NEW YEAR'S DAY
ALL DAY
JAPAN
HOLIDAY- NEW YEAR'S DAY
06:30
CNY
CHINESE MANUFACTURING PMI
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