DAILY COMMODITY REPORT 05th DECEMBER 2013
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DAILY MARKET WRAPUP 05th DECEMBER 2013 COMMODITY
CONTRACT
OPEN PRICE
HIGH
LOW
CLOSE PRICE
%CHANGE
OI (in lots)
GOLD
05 DEC 2013
30340
29633
29008
29594
+0.27
257
SILVER
05 DEC 2013
43000
45178
43653
45077
+1.07
2421
CRUDE
18 DEC 2013
6030
6105
5981
6042
+2.23
10731
NATURAL GAS
26 DEC 2013
249.20
250.9
246.3
247.90
-0.40
14821
COPPER
28 FEB 2013
446.25
451.8
443.7
451.3
+0.98
14320
NICKEL
31 DEC 2013
845.10
851.90
840.2
849
+0.58
8989
LEAD
29 NOV 2013
129.20
129.65
128.1
128.95
+0.12
2426
ZINC
29 NOV 2013
117
117.30
116.05
116.7
+0.04
2194
ALUMINIUM
31 DEC 2013
107.80
108.65
107.05
108.40
+0.72
1818
LME WAREHOUSE STOCKS (28 - NOV- 2013) METAL
ALUMINIUM
6875
COPPER
-3325
LEAD
-500
NICKEL
-156
TIN
-25
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INTERNATIONAL MARKETS 05th DECEMBER 2013
PRECIOUS AND INDUSTRY METALS COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
COMEX GOLD
USD/t oz.
1,238.20
-9.00
-0.72%
FEB 14
GOLD SPOT
USD/t oz.
1,238.87
-4.92
-0.40%
N/A
COMEX SILVER
USD/t oz.
19.61
-0.22
-1.11%
MAR 14
COMEX COPPER
USd/lb.
322.50
-2.40
-0.74%
MAR 14
PLATINUM SPOT
USD/t oz.
1,364.45
-6.25
-0.44%
N/A
ENERGY COMMODITY FUTURES COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
CBOT CORN
USD/BU.
435.00
-1.50
-0.34%
MAR 14
CBOT WHEAT
USD/BU.
660.25
-1.50
-0.23%
MAR 14
ICE COCOA
USD/MT
2,769.00
-39.00
-1.39%
MAR 14
ICE COTTON #2
USD/LB.
78.95
-0.10
-0.13%
MAR 14
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INTRADAY SUPPORT AND RESISTANCE 05th DECEMBER 2013
COMMODITY
EXPIRY
SUP.3
SUP.2
SUP.1
PIVOT
RES.1
RES.2
RES.3
ALUMINIUM
31-Dec
106.73
106.97
107.23
107.47
107.73
107.97
108.23
COPPER
28-Feb
440.87
442.23
443.87
445.23
446.87
448.23
449.87
CRUDEOIL
18-Dec
5748
5805
5910
5967
6072
6129
6234
GOLD
5-Feb
28376
28547
28805
28976
29234
29405
29663
LEAD
31-Dec
127.22
127.63
128.22
128.63
129.22
129.63
130.22
NATURALGAS
26-Dec
242.30
244.80
246.60
249.10
250.90
253.40
255.20
NICKEL
31-Dec
830.5
834.3
839.4
843.2
848.3
852.1
857.2
SILVER
5-Mar
43179
43505
43821
44147
44463
44789
45105
ZINC
31-Dec
115.03
115.47
116.08
116.52
117.13
117.57
118.18
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MOST ACTIVE CONTRACTS 05th DECEMBER 2013
Symbol
Expiry Date
LTP
Value (In Lacs)
Volume (In Lots)
CRUDE OIL
18-12-2013
6028.00
50,81,84,512.00
84,304
SILVERMICRO
28-02-2014
44637.00
3,44,16,91,248.00
77,104
SILVER M
28-02-2014
44645.00
1,93,08,06,960.00
43,248
NATURAL GAS
26-12-2013
247.40
1,02,94,808.80
41,612
COPPER
28-02-2014
449.85
1,53,04,346.85
34,021
COPPERMINI
28-02-2014
449.80
1,13,66,446.00
25,270
GOLD PETAL
31-12-2013
3037.00
7,45,40,128.00
24,544
LEADMINI
31-12-2013
129.05
19,83,111.35
15,367
NICKEL
31-12-2013
849.30
1,10,12,873.10
12,967
NICKELMINI
31-12-2013
849.40
1,02,83,685.80
12,107
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COMMODITY BUZZ AND ECONOMIC EVENTS 05th DECEMBER 2013
SPECIAL NEWS :
U.S. trade deficit fell 5.4% to $40.6 bn in Oct, as the U.S. exported more petroleum, soybeans and collectibles while buying foreign-made goods at a slower rate. Exports rose 1.8% to $192.7 bn. Imports climbed a smaller 0.4% to $233.3 bn, but that still marked the highest level since March 2012. American exports of petroleum jumped nearly 16%. The U.S. also sold more artwork, gold and diamonds. The U.S. imported more crude oil, petroleum-based products, toys and pharmaceutical drugs. Over the past three months, the trade deficit has averaged $40.9 bn, little changed from $40.2 bn Sept. In September, the trade gap was revised up to $43.0 bn from $41.8 billion. China's economy is expected to expand 7.6 percent in 2013 and then edge down to around 7.5 percent in 2014. China's economy grew 7.7 percent in the first three quarters of the year, keeping it on track to meet this year's target of 7.5 percent.
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COMMODITY BUZZ :
The American Petroleum Institute reported a roughly 12 mn-barrel decline for the week ended Nov. 29. A decline of 1.25 million barrels had been forecasted. The API reported gasoline stockpiles fell 119,000 barrels, while distillate supplies rose 540,000 barrels. That defied the expectations for gasoline supplies to rise by 2 million barrels and distillate inventories to decline by 1 million barrels.
The Organization of Petroleum Exporting Countries (OPEC) on Wednesday agreed to hold its crude production ceiling at 30 million barrels per day, citing the current balance between world oil supply and demand following a meeting in Vienna. But OPEC production could increase in the coming months as Iraq and Iran look to export more crude after sizeable falls in recent years. Libyan oil supplies may also recover from a current plunge in output.
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EPIC RESEARCH– ANALYST SPEAKS 05th DECEMBER 2013
SILVER MCX:
MCX SILVER March contract was closed at Rs 45077 UP Rs 939, or 0.2.13%. The SILVER rate touched an intraday high of Rs 45178 and an intraday low of Rs 43653. 29158 contracts had been traded. Silver opened at morning with gap down and made day low. In mid session silver traded in narrow range and made night high. After 10.30 p.m. more buying pressure Had been seen in silver and hopefully it will break the nearest resistance of 45450. BUY SILVER MAR ABOVE 45450 TGT 45650/45950 SL 45150 SELL SILVER MAR BELOW 44300 TGT 44100/43800 SL 44600
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EPIC RESEARCH– ANALYST SPEAKS 05th DECEMBER 2013
GOLD MCX:
MCX GOLD February contract was closed at Rs 29594 up Rs 532, or 0.1.83%. The GOLD rate touched an intraday high of Rs 29633 and an intraday low of Rs 29008. 22363 contracts had been traded. Gold Price was taking support at 29220 and traded in narrow range all day. In evening session gold price broke the nearest resistance of 29250 and made new high of 29633. BUY GOLD FEB ABOVE 29790 TGT 29870/29970 SL 29690 SELL GOLD FEB BELOW 29280 TGT 29200/29100 SL 29380
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TODAY’S ECONOMIC EVENTS 05th DECEMBER 2013
Time
Counrty
Event
Actual
Forecast Previous
THURSDAY, DECEMBER 5 00:30
USD
Beige Book
13:30
GBP
Halifax House Price Index (MoM)
0.8%
0.7%
13:30
GBP
Halifax House Price Index (YoY)
7.2%
6.9%
17:30
GBP
BoE QE Total
375B
375B
17:30
GBP
Interest Rate Decision
0.50%
0.50%
18:15
EUR
Interest Rate Decision
0.25%
0.25%
19:00
CAD
Building Permits (MoM)
1.0%
1.7%
19:00
EUR
ECB Press Conference
19:00
USD
GDP (QoQ)
3.0%
2.8%
19:00
USD
GDP Price Index (QoQ)
1.9%
1.9%
19:00
USD
Initial Jobless Claims
325K
316K
19:00
USD
Real Consumer Spending
1.5%
1.5%
20:30
CAD
Ivey PMI
59.0
62.8
22:45
USD
FOMC Member Fisher Speaks
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