DAILY COMMODITY REPORT 18th DECEMBER 2013
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DAILY MARKET WRAPUP 18th DECEMBER 2013 COMMODITY
CONTRACT
OPEN PRICE
HIGH
LOW
CLOSE PRICE
%CHANGE
OI (in lots)
GOLD
05 FEB 2014
28752.00
28990.00
28642.00
28678.00
-0.23
8931
SILVER
05 MAR 2014
45110
45628.00
44580.00
44734.00
-1.10
9008
CRUDE
18 DEC 2013
6033.00
6056.00
5994.00
6003.00
-0.15
6066
NATURAL GAS
26 DEC 2013
265.80
267.10
260.00
263.60
-0.27
12624
COPPER
28 FEB 2014
460.00
462.45
458.10
458.60
-0.28
13719
NICKEL
31 DEC 2013
868.40
875.00
864.50
867.90
+0.25
5583
LEAD
31 DEC 2013
133.60
134.60
132.70
132.90
-0.22
2935
ZINC
31 DEC 2013
122.85
123.45
122.75
122.90
+0.20
3877
ALUMINIUM
31 DEC 2013
109.05
109.85
108.70
108.85
-0.09
1987
LME WAREHOUSE STOCKS (17- DEC- 2013)
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METAL
TONNES IN STORAGE
ALUMINIUM
22700
COPPER
-2625
LEAD
-1025
NICKEL
198
TIN
UNCHANGED
ZINC
-4525 Call us at +91-731-6642300
INTERNATIONAL MARKETS 18th DECEMBER 2013
PRECIOUS AND INDUSTRY METALS COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
COMEX GOLD
USD/T OZ.
1,232.50
+2.40
+0.20%
FEB 14
GOLD SPOT
USD/T OZ.
1,233.32
+2.43
+0.20%
N/A
COMEX SILVER
USD/T OZ.
19.89
+0.05
+0.23%
MAR 14
COMEX COPPER
USD/LB.
330.95
-1.20
-0.36%
MAR 14
PLATINUM SPOT
USD/T OZ.
1,352.63
+2.93
+0.22%
N/A
ENERGY COMMODITY FUTURES COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
CRUDE OIL (WTI)
USD/BBL.
97.40
+0.18
+0.19%
JAN 14
CRUDE OIL (BRENT)
USD/BBL.
108.53
+0.09
+0.08%
FEB 14
RBOB GASOLINE
USD/GAL.
265.07
+0.70
+0.26%
JAN 14
NYMEX NATURAL GAS
USD/MMBTU
4.31
+0.02
+0.51%
JAN 14
NYMEX HEATING OIL
USD/GAL.
296.48
+0.19
+0.06%
JAN 14
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INTRADAY SUPPORT AND RESISTANCE 18th DECEMBER 2013
COMMODITY
EXPIRY
SUP.3
SUP.2
SUP.1
PIVOT
RES.1
RES.2
RES.3
ALUMINIUM
31-Dec
106.47
107.43
108.17
109.13
109.87
110.83
111.57
COPPER
28-Feb
455.25
456.80
458.70
460.25
462.15
463.70
465.60
CRUDEOIL
20-Jan
5980
6003
6041
6064
6102
6125
6163
GOLD
5-Feb
28003
28384
28608
28989
29213
29594
29818
LEAD
31-Dec
131.73
132.27
132.83
133.37
133.93
134.47
135.03
NATURALGAS
26-Dec
245.67
252.83
258.37
265.53
271.07
278.23
283.77
NICKEL
31-Dec
848.3
856.0
861.5
869.2
874.7
882.4
887.9
SILVER
5-Mar
42770
43416
44373
45019
45976
46622
47579
ZINC
31-Dec
120.97
121.53
122.12
122.68
123.27
123.83
124.42
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MOST ACTIVE CONTRACTS 18th DECEMBER 2013
Symbol
Expiry Date
LTP
Value (In Lacs)
Volume (In Lots)
SILVERMICRO
28-02-2014
44870.00
-494.00
-1.09%
SILVER M
28-02-2014
44876.00
-489.00
-1.08%
NATURAL GAS
26-12-2013
263.20
-0.70
-0.27%
CRUDE OIL
18-12-2013
6018.00
-9.00
-0.15%
SILVER
05-03-2014
44833.00
-497.00
-1.10%
COPPER
28-02-2014
459.30
-1.30
-0.28%
GOLD
05-02-2014
28765.00
-66.00
-0.23%
GOLD M
03-01-2014
29555.00
-120.00
-0.40%
COPPERMINI
28-02-2014
459.30
-1.20
-0.26%
LEADMINI
31-12-2013
133.00
-0.40
-0.30%
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COMMODITY BUZZ AND ECONOMIC EVENTS 18th DECEMBER 2013
SPECIAL NEWS :
China New-Home Prices Surge In Nov. Average prices of new homes in 70 Chinese cities in November rose to another fresh high, as demand for homes remains strong. For the 10th consecutive month, growth in median home prices rose in November from year-earlier levels, Year-over-year prices were up in 69 of the 70 cities in November, compared with 69 in October.
Japan's trade deficit widened in November, as the growth in imports outpaced those for exports. Japan's exports rose 18.4% from a year earlier. Imports were up 21.1%. Exports to China surged 33.1%, benefiting from a low comparison base, while U.S.-bound shipments added 21.2% as imports from the U.S. were 34.9% higher. Exports to Western Europe grew by 17.1%.
China attracted $8.5 billion in foreign direct investment in November--up 2.35% on year. The figure was more than October's $8.42 billion which was up 1.24% on year. FDI in the January-November period rose 5.48% on year to $105.5 billion. Non-financial overseas direct investment rose 28.3% on year in the JanuaryNovember period to $80.2 billion.
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COMMODITY BUZZ :
The American Petroleum Institute late Tuesday reported a 2.5 million-barrel fall in U.S. crude supplies for the week ended Dec. 13. A decline of 4 million barrels in crude supplies had been forecasted. API reported gasoline stockpiles down 481,000 barrels, while distillate supplies fell 434,000 barrels. Gasoline supplies were expected to rise by 1.4 million barrels and distillate inventories to decline by 1 million barrels.
Non-OPEC crude oil supply is forecast to expand at its fastest pace for 30-years in 2014 and that this will have significant implications for OPEC’s leverage over oil markets as the need for its oil likely starts to shrink.
Prices of iron ore and chrome ore are witnessing downward pressure on poor demand from within the country, precipitated by stagnated consumption growth of finished steel products. In India the chrome ore rates are still at much higher level while the prices of its end product, ferrochrome has not gone up in the international market. The chrome ore rates dropped this time as buyers are unwilling to pay higher price.
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EPIC RESEARCH– ANALYST SPEAKS 18th DECEMBER 2013
SILVER MCX:
MCX SILVER march contract was closed at Rs 44734 down Rs 596, or 1.31 percent. The SILVER rate touched an intraday high of Rs 45628 and an intraday low of Rs 44580. 29027 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 evening low 44580 . After 6.00 p.m. more selling pressure was seen in silver and it will helpful to break the nearest support 44550. BUY SILVER ABOVE 45250 TGTS 45450/45800 SL 44900 SELL SILVER BELOW 44600 TGTS 44400/44100 SL 44950
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EPIC RESEARCH– ANALYST SPEAKS 18th DECEMBER 2013
GOLD MCX:
MCX GOLD February contract was closed at Rs 28678 down Rs 153 , or- 0.53 percent. The GOLD rate touched an intraday high of Rs 28990 and an intraday low of Rs 28642. 22800 contracts had been traded. Gold Price was taking support at 28640 and traded in sideways range all day. In evening session gold price broke the nearest SUPPORT of 28790 and made new low of 28642 BUY GOLD ABOVE 28830 TGTS 28910/29010 SL 28700 SELL GOLD BELOW 28620 TGTS 28540/28440 SL 28740
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TODAY’S ECONOMIC EVENTS 18th DECEMBER 2013
Time
Counrty
Event
Actual
Forecast Previous
WEDNESDAY, DECEMBER 18 05:20
JPY
ADJUSTED TRADE BALANCE
-1.35T
-1.19T
-1.09T
05:20
JPY
TRADE BALANCE
-1,293B
-1,320B
-1,091B
14:30
EUR
GERMAN BUSINESS EXPECTATIONS
106.5
106.3
14:30
EUR
GERMAN CURRENT ASSESSMENT
112.5
112.2
14:30
EUR
GERMAN IFO BUSINESS CLIMATE INDEX
109.5
109.3
15:00
GBP
AVERAGE EARNINGS INDEX +BONUS
0.8%
0.7%
15:00
GBP
CLAIMANT COUNT CHANGE
-35.0K
-41.7K
15:00
GBP
MPC MEETING MINUTES
15:00
GBP
UNEMPLOYMENT RATE
7.6%
7.6%
16:30
GBP
CBI DISTRIBUTIVE TRADES SURVEY
10
1
19:00
CAD
WHOLESALE SALES (MOM)
0.4%
0.2%
19:00
USD
BUILDING PERMITS
0.990M
1.039M
19:00
USD
BUILDING PERMITS (MOM)
-4.7%
6.7%
19:00
USD
HOUSING STARTS
0.950M
0.890M
23:30
USD
FOMC ECONOMIC PROJECTIONS
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