DAILY COMMODITY REPORT 10th JANUARY 2014
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DAILY MARKET WRAPUP 10th JANUARY 2014 COMMODITY
CONTRACT
OPEN PRICE
HIGH
LOW
CLOSE PRICE
%CHANGE
OI (in lots)
GOLD
05 FEB 2014
28875.00
28912.00
28712.00
28862.00
0.05
8613
SILVER
05 MAR 2014
44170.00
44254.00
43680.00
44124.00
0.18
10992
CRUDE
20 JAN. 2013
5775.00
5784.00
5700.00
5705.00
-1.31
13125
NATURA GAS
28 JAN. 2013
264.50
264.50
252.10
285.80
-3.51
9830
COPPER
28 FEB 2014
463.70
464.05
454.50
455.65
-1.61
11359
NICKEL
31 JAN 2013
838.00
840.40
830.40
832.20
-0.80
14666
LEAD
31 JAN 2013
131.90
132.00
129.65
129.80
-1.70
3150
ZINC
31 JAN 2013
126.60
126.75
124.65
124.80
-0.80
2926
ALUMINIUM
31 JAN 2013
108.75
108.75
706.90
107.00
-1.47
2419
LME WAREHOUSE STOCKS (08– JAN- 2014)
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METAL
TONNES IN STORAGE
ALUMINIUM
-5800
COPPER
-3425
LEAD
-500
NICKEL
654
TIN
50
ZINC
-4200 Call us at +91-731-6642300
INTERNATIONAL MARKETS 10th JANUARY 2014
PRECIOUS AND INDUSTRY METALS COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
COMEX GOLD
USD/T OZ.
1,233.30
+3.90
+0.32%
FEB 14
GOLD SPOT
USD/T OZ.
1,234.01
+6.03
+0.49%
N/A
COMEX SILVER
USD/T OZ.
19.65
-0.04
-0.19%
MAR 14
COMEX COPPER
USD/LB.
330.10
+0.20
+0.06%
MAR 14
PLATINUM SPOT
USD/T OZ.
1,421.78
+3.23
+0.23%
N/A
ENERGY COMMODITY FUTURES COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
CRUDE OIL (WTI)
USD/BBL.
92.39
+0.73
+0.80%
FEB 14
CRUDE OIL (BRENT)
USD/BBL.
106.65
+0.26
+0.24%
FEB 14
RBOB GASOLINE
USD/GAL.
264.76
-0.87
-0.33%
FEB 14
NYMEX NATURAL GAS
USD/MMBTU
4.01
+0.01
+0.22%
FEB 14
NYMEX HEATING OIL
USD/GAL.
292.46
+0.32
+0.11%
FEB 14
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INTRADAY SUPPORT AND RESISTANCE 10th JANUARY 2014
COMMODITY
EXPIRY
SUP.3
SUP.2
SUP.1
PIVOT
RES.1
RES.2
RES.3
ALUMINIUM
31-Jan
104.50
105.70
106.35
107.55
108.20
109.40
110.05
COPPER
28-Feb
442.53
448.52
452.08
458.07
461.63
467.62
471.18
CRUDEOIL
20-Jan
5591
5646
5675
5730
5759
5814
5843
GOLD
5-Feb
28545
28629
28745
28829
28945
29029
29145
LEAD
31-Jan
126.62
128.13
128.97
130.48
131.32
132.83
133.67
NATURALGAS
28-Jan
236.03
244.07
248.43
256.47
260.83
268.87
273.23
NICKEL
31-Jan
818.3
824.3
828.3
834.3
838.3
844.3
848.3
SILVER
5-Mar
43211
43445
43785
44019
44359
44593
44933
ZINC
31-Jan
121.95
123.30
124.05
125.40
126.15
127.50
128.25
CARDAMOM
15-Jan
705.6
709.8
716.0
720.2
726.4
730.6
736.8
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MOST ACTIVE CONTRACTS 10th JANUARY 2014
Symbol
Expiry Date
LTP
Value (In Lacs)
Volume (In Lots)
NATURAL GAS
28-01-2014
255.50
1,96,39,774.00
76,868
SILVERMICRO
28-02-2014
43970.00
3,16,33,77,680.00
71,944
CRUDE OIL
20-01-2014
5711.00
29,04,84,304.00
50,864
SILVER M
28-02-2014
43966.00
1,76,50,59,036.00
40,146
COPPER
28-02-2014
455.60
1,30,76,631.20
28,702
COPPERMINI
28-02-2014
455.65
92,82,957.45
20,373
SILVER
05-03-2014
43950.00
88,79,65,800.00
20,204
LEADMINI
31-01-2014
129.80
21,91,673.00
16,885
GOLD
05-02-2014
28811.00
39,78,79,910.00
13,810
GOLD M
05-02-2014
28950.00
39,36,62,100.00
13,598
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COMMODITY BUZZ AND ECONOMIC EVENTS 10th JANUARY 2014
COMMODITY BUZZ :
SPECIAL NEWS :
Gold futures rose on Thursday after bargain hunters snapped up nicely-priced positions in the yellow metal, especially after uncertainty over Friday's jobs report softened the dollar, which trades inversely with the yellow metal. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1,228.00 a troy ounce during U.S. trading, up 0.20%, up from a session low of USD1,223.10 and off a high of 1,230.60. The February contract settled down 0.33% at USD1,225.50.
MCX Silver prices gained around 0.1 percent touching an intra-day high of Rs.44218/kg till 4:00pm IST. Base metals pack on the LME traded on a negative note on the back of unfavorable economic data from the biggest consumer, China. Also, heightened fears of further QE taper after the minutes of the FOMC meeting were released yesterday exerted downside pressure on prices. However, decline in LME inventories coupled with weakness in the DX restricted sharp negative movement in prices.
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MCX GOLDPETAL January contract was trading at Rs 2939 down Rs 3, or 0.10 percent. The GOLDPETAL rate touched an intraday high of Rs 2949 and an intraday low of Rs 2936. So far 3113 contracts have been traded. GOLDPETAL prices have moved down Rs 68, or 2.26 percent in the January series so far. MCX GOLDPETAL February contract was trading at Rs 2907 down Rs 3, or 0.10 percent. The GOLDPETAL rate touched an intraday high of Rs 2915 and an intraday low of Rs 2905. So far 1101 contracts have been traded. GOLDPETAL prices have moved down Rs 58, or 1.96 percent in the February series so far.
The Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1,225.80 a troy ounce during European morning trade, up 0.02%. Gold prices held in a tight range between USD1,223.50 a troy ounce and USD1,227.40 a troy ounce. The February contract settled 0.33% lower on Wednesday to end at USD1,225.50 a troy ounce. Futures were likely to find support at USD1,212.60 a troy ounce, the low from January 6 and resistance at USD1,244.70, the high from January 7.
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EPIC RESEARCH– ANALYST SPEAKS 10th JANUARY 2014
SILVER MCX:
MCX SILVER march contract was closed at RS 44124 UP Rs 255, or 0.58 percent. The SILVER rate touched an intraday high of Rs 44254 and an intraday low of Rs 43680. So far 22527 contracts have 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 43680 . After evening Have seen more selling in silver and it will helpful to break the nearest support 43650 BUY SILVER ABOVE 44260 TGTS 44460/44760 SL 43860 SELL SILVER BELOW 43650 TGTS 43450/43150 SL 44050
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EPIC RESEARCH– ANALYST SPEAKS 10th JANUARY 2014
GOLD MCX:
MCX GOLD February contract was closed at Rs 28862 UP 66 Rs , or0.23 percent. The GOLD rate touched an intraday high of Rs 28912 and an intraday low of Rs 28712. So far 15040 contracts have been traded. Gold Price is taking support at 28700 trade in sideways big range all day. In evening session gold price have breached the nearest support 28800 and made low of 28717 BUY GOLD ABOVE 28900 TGTS 28980/29080 SL 28780 SELL GOLD BELOW 28690 TGTS 28610/28510 SL 28800
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TODAY’S ECONOMIC EVENTS 10th JANUARY 2014
Time
Counrty
Event
Actual Forecast
Previous
10 JANUARY 6:00
AUD
BUILDING APPROVALS (MOM)
-1.5%
-1.0%
-1.6%
06:00
AUD
RETAIL SALES (MOM)
0.7%
0.3%
0.5%
07:00
CNY
CHINESE CPI (MOM)
0.3%
0.4%
-0.1%
07:00
CNY
CHINESE CPI (YOY)
2.5%
2.7%
3.0%
07:00
CNY
CHINESE PPI (YOY)
-1.4%
-1.3%
-1.4%
15:00
GBP
TRADE BALANCE
-9.44B
-9.45B
-9.65B
17:30
GBP
BOE QE TOTAL
375B
375B
375B
17:30
GBP
INTEREST RATE DECISION
0.50%
0.50%
0.50%
18:15
EUR
INTEREST RATE DECISION
0.25%
0.25%
0.25%
18:45
CAD
HOUSING STARTS
189.7K
190.0K
197.8K
19:00
CAD
BUILDING PERMITS (MOM)
-6.7%
-3.0%
8.0%
19:00
EUR
ECB PRESIDENT DRAGHI SPEAKS
19:00
USD
INITIAL JOBLESS CLAIMS
330K
335K
345K
19:30
MXN
MEXICAN CPI (YOY)
3.97%
3.91%
3.62%
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