DAILY COMMODITY REPORT 02nd JANUARY 2014
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DAILY MARKET WRAPUP 02nd JANUARY 2014 COMMODITY
CONTRACT
OPEN PRICE
HIGH
LOW
CLOSE PRICE
%CHANGE
OI (in lots)
GOLD
05 FEB 2014
28400.00
28490.00
28390.00
28418.00
+0.02
9095
SILVER
05 MAR 2014
43870.00
44034.00
43735.00
43876.00
+0.20
11189
CRUDE
20 JAN. 2013
6124.00
6170.00
6123.00
6135.00
+0.33
9209
NATURAL GAS
28 JAN. 2013
265.00
265.00
263.00
264.10
-0.53
12939
COPPER
28 FEB 2014
469.25
471.60
468.30
468.60
+0.07
14139
NICKEL
31 JAN 2013
867.00
869.90
863.00
866.10
+0.41
6561
LEAD
31 JAN 2013
136.90
137.05
136.10
136.65
+0.15
3674
ZINC
31 JAN 2013
127.35
128.00
127.00
127.50
+0.04
3050
ALUMINIUM
31 JAN 2013
110.00
110.70
109.90
110.10
+0.23
1867
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 02nd JANUARY 2014
PRECIOUS AND INDUSTRY METALS COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
COMEX GOLD
USD/T OZ.
1,225.60
+23.30
+1.94%
FEB 14
GOLD SPOT
USD/T OZ.
1,225.90
+9.06
+0.74%
N/A
COMEX SILVER
USD/T OZ.
20.28
+0.91
+4.67%
MAR 14
COMEX COPPER
USD/LB.
341.30
+1.65
+0.49%
MAR 14
PLATINUM SPOT
USD/T OZ.
1,385.88
+18.43
+1.35%
N/A
ENERGY COMMODITY FUTURES COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
CRUDE OIL (WTI)
USD/BBL.
98.62
+0.20
+0.20%
FEB 14
CRUDE OIL (BRENT)
USD/BBL.
110.94
+0.14
+0.13%
FEB 14
RBOB GASOLINE
USD/GAL.
278.74
+0.15
+0.05%
FEB 14
NYMEX NATURAL GAS
USD/MMBTU
4.23
-0.00
-0.09%
FEB 14
NYMEX HEATING OIL
USD/GAL.
306.42
-0.10
-0.03%
FEB 14
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INTRADAY SUPPORT AND RESISTANCE 02nd 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
460.30
462.50
465.55
467.75
470.80
473.00
476.05
CRUDEOIL
20-JAN
6018
6056
6096
6134
6174
6212
6252
GOLD
5-FEB
27633
27854
28136
28357
28639
28860
29142
LEAD
31-JAN
133.60
134.95
135.80
137.15
138.00
139.35
140.20
NATURALGAS
28-JAN
249.67
257.23
260.67
268.23
271.67
279.23
282.67
NICKEL
31-JAN
848.7
855.8
860.9
868.0
873.1
880.2
885.3
SILVER
5-MAR
40525
41480
42678
43633
44831
45786
46984
ZINC
31-JAN
125.20
126.40
126.95
128.15
128.70
129.90
130.45
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MOST ACTIVE CONTRACTS 02nd JANUARY 2014
Symbol
Expiry Date
LTP
Value (In Lacs)
Volume (In Lots)
SILVERMICRO
28-02-2014
43950.00
57,90,41,250.00
13,175
CRUDE OIL
20-01-2014
6142.00
4,24,78,072.00
6,916
NATURAL GAS
28-01-2014
264.10
15,56,341.30
5,893
SILVER M
28-02-2014
43942.00
22,80,58,980.00
5,190
COPPERMINI
28-02-2014
468.85
19,10,563.75
4,075
COPPER
28-02-2014
468.90
18,12,767.40
3,866
GOLD PETAL
31-01-2014
2911.00
1,04,01,003.00
3,573
LEADMINI
31-01-2014
136.75
4,24,335.25
3,103
GOLD M
03-01-2014
29537.00
8,23,49,156.00
2,788
GOLD
05-02-2014
28428.00
7,35,71,664.00
2,588
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COMMODITY BUZZ AND ECONOMIC EVENTS 02nd JANUARY 2014
SPECIAL NEWS :
Chinese manufacturing grew further in December but at a slightly slower pace than in the previous month. The manufacturing Purchasing Managers' Index compiled by HSBC and Markit eased to 50.5, unchanged from the initial flash reading released earlier last month, but lower than the final November print of 50.8. Still, the result remained above the 50 level, which separates growth from contraction. Among the report's sub-indexes, the indicator for new export orders registered its first decline since August, while those for output and overall new orders showed growth but at a weaker pace. The report came one day after China's government-sponsored version of the manufacturing PMI showed a slowdown in the sector, with the official headline index falling to 51.0 from November's 51.4. Central revenue deficit target for the entire 2013-14 has been breached in only eight months of the year, clearly showing fiscal strain in the economy. Besides, the fiscal deficit reached close to 94 per cent of the projections made in the Budget for 2013-14.
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COMMODITY BUZZ :
MCX Copper remained dull in the evening trades due to lack of interest for trading in International markets. LME Copper ended 2013 with losses of 6.4%, to $ 7370 per tonne. The prices managed to shred some losses in the latter half of the year due to falling inventories. China remained the major contributor for this rise. The total reported production in China was 1.954 million tonnes in October 2013, indicating a 46% share in the world primary production. Unreported production in China is estimated around 200000 tonnes.. On MCX, Copper was trading at Rs 469.65 per kg, up 0.23%. The prices tested a high of Rs 471.6 per kg, and a low of Rs 469.25 per kg. Aluminium was trading at Rs 110.45 per kg, up 0.32%.
India's eight core industries grew in November, after a decline in the previous month, official data showed. The eight core industries' output rose 1.7% year-onyear, following a 0.6% fall in October. It was the smallest infrastructure output growth since June. The eight core industries include coal, crude oil, natural gas, petroleum refining, fertilizers, steel, cement and electricity.
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EPIC RESEARCH– ANALYST SPEAKS 02nd 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 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 44250 TGTS 44450/44750 SL 43880 SELL SILVER BELOW 43700 TGTS 43500/43200 SL 44100
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EPIC RESEARCH– ANALYST SPEAKS 02nd JANUARY 2014
GOLD MCX:
The GOLD rates on yesterday 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 of 28290 and made low of 28075. BUY GOLD ABOVE 28490 TGTS 28570/28670 SL 28380 SELL GOLD BELOW 28380 TGTS 28300/28200 SL 28480
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TODAY’S ECONOMIC EVENTS 02nd JANUARY 2014
Time
Counrty
Event
Actual
Forecast
Previous
50.5
50.5
50.5
THURSDAY, JANUARY 2 ALL DAY
HOLIDAY
SWITZERLAND - BERCHTOLD'S DAY
07:15
CNY
CHINESE HSBC MANUFACTURING PMI
14:18
EUR
FRENCH MANUFACTURING PMI
47.1
47.1
14:23
EUR
GERMAN MANUFACTURING PMI
54.2
54.2
14:28
EUR
MANUFACTURING PMI
52.7
52.7
14:58
GBP
MANUFACTURING PMI
58.0
58.4
19:00
USD
INITIAL JOBLESS CLAIMS
334K
338K
20:30
USD
ISM MANUFACTURING PMI
57.0
57.3
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