DAILY COMMODITY REPORT 20th DECEMBER 2013
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DAILY MARKET WRAPUP 20th DECEMBER 2013 COMMODITY
CONTRACT
OPEN PRICE
HIGH
LOW
CLOSE PRICE
%CHANGE
OI (in lots)
GOLD
05 FEB 2014
28767.00
28785.00
28335.00
28362.00
-1.70
9819
SILVER
05 MAR 2014
45020.00
45020.00
43629.00
43869.00
-3.23
10939
CRUDE
20 JAN. 2013
6122.00
6247.00
6122.00
6239.00
+2.16
12236
NATURAL GAS
26 DEC 2013
267.00
278.30
267.00
276.20
+4.05
14346
COPPER
28 FEB 2014
460.50
461.70
457.50
460.40
-0.27
13355
NICKEL
31 DEC 2013
879.50
887.90
875.10
887.30
+1.01
4230
LEAD
31 DEC 2013
133.95
135.10
132.65
134.90
+0.37
3458
ZINC
31 DEC 2013
123.40
124.15
122.10
123.95
+0.12
3801
ALUMINIUM
31 DEC 2013
110.00
110.20
108.50
108.65
-1.18
2109
LME WAREHOUSE STOCKS (19- DEC- 2013)
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METAL
TONNES IN STORAGE
ALUMINIUM
60275
COPPER
-1025
LEAD
-1625
NICKEL
-126
TIN
UNCHANGED
ZINC
-4825 Call us at +91-731-6642300
INTERNATIONAL MARKETS 20th DECEMBER 2013
PRECIOUS AND INDUSTRY METALS COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
COMEX GOLD
USD/T OZ.
1,193.90
+0.30
+0.03%
FEB 14
GOLD SPOT
USD/T OZ.
1,194.87
+6.19
+0.52%
N/A
COMEX SILVER
USD/T OZ.
19.20
+0.01
+0.05%
MAR 14
COMEX COPPER
USD/LB.
330.45
+0.90
+0.27%
MAR 14
PLATINUM SPOT
USD/T OZ.
1,321.48
+1.48
+0.11%
N/A
ENERGY COMMODITY FUTURES COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
CRUDE OIL (WTI)
USD/BBL.
98.81
-0.23
-0.23%
FEB 14
CRUDE OIL (BRENT)
USD/BBL.
109.88
-0.41
-0.37%
FEB 14
RBOB GASOLINE
USD/GAL.
274.41
+0.40
+0.15%
JAN 14
NYMEX NATURAL GAS
USD/MMBTU
4.46
-0.00
-0.07%
JAN 14
NYMEX HEATING OIL
USD/GAL.
302.67
-0.39
-0.13%
JAN 14
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INTRADAY SUPPORT AND RESISTANCE 20th DECEMBER 2013
COMMODITY
EXPIRY
SUP.3
SUP.2
SUP.1
PIVOT
RES.1
RES.2
RES.3
ALUMINIUM
31-DEC
107.67
108.18
109.07
109.58
110.47
110.98
111.87
COPPER
28-FEB
453.93
455.57
458.53
460.17
463.13
464.77
467.73
CRUDEOIL
20-JAN
5992
6025
6070
6103
6148
6181
6226
GOLD
5-FEB
28472
28572
28720
28820
28968
29068
29216
LEAD
31-DEC
131.90
132.45
133.40
133.95
134.90
135.45
136.40
NATURALGAS
26-DEC
258.27
260.93
263.67
266.33
269.07
271.73
274.47
NICKEL
31-DEC
860.9
864.9
871.4
875.4
881.9
885.9
892.4
SILVER
5-MAR
44255
44525
44936
45206
45617
45887
46298
ZINC
31-DEC
121.07
121.93
122.77
123.63
124.47
125.33
126.17
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MOST ACTIVE CONTRACTS 20th DECEMBER 2013
Symbol
Expiry Date
LTP
Value (In Lacs)
Volume (In Lots)
SILVERMICRO
28-02-2014
43905.00
4,70,99,08,875.00
1,07,275
NATURAL GAS
26-12-2013
277.20
1,86,89,101.20
67,421
CRUDE OIL
20-01-2014
6246.00
34,84,89,324.00
55,794
SILVER M
28-02-2014
43915.00
2,36,31,10,065.00
53,811
SILVER
05-03-2014
43885.00
1,23,42,65,625.00
28,125
COPPER
28-02-2014
460.25
1,29,09,092.00
28,048
LEADMINI
31-12-2013
134.85
28,57,876.05
21,193
GOLD
05-02-2014
28377.00
58,12,17,714.00
20,482
COPPERMINI
28-02-2014
460.10
92,65,953.90
20,139
GOLD M
03-01-2014
29349.00
52,50,24,261.00
17,889
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COMMODITY BUZZ AND ECONOMIC EVENTS 20th DECEMBER 2013
SPECIAL NEWS : Chinese producers have kept on adding new capacities for electrolytic Aluminium even as per an estimate one-fifth of it is lying idle. The capacity utilization rate as per China Nonferrous Metal Industry Association is 78-80%.
The Bank of Japan kept its asset-purchase levels and overall monetary policy unchanged, a widely expected move that did little to move currencies. The central bank said the nation's economy has been recovering moderately, while inflation expectations appear to be rising on the whole.
GfK's UK consumer confidence Index has dropped one point this month to-13 in level during Dec 13. The measures for personal financial situation over the past 12 months and over the next 12 months have both seen increases this month, the general economic situation over the last 12 months has stayed the same, whilst measures for the general economic situation over the next 12 months and the major purchase Index have decreased this month.
The Federal Reserve's balance sheet expanded to a record $4 trillion in the week ended Dec. 18. The Fed balance sheet has been growing as the central bank has been buying $85 billion a month in Treasurys and mortgage related assets since last January.
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COMMODITY BUZZ : The constant pressure building up in the Gold contract geared for yet another day on Thursday. The prices of MCX Gold declined below Rs 28500 per 10 grams.
The prices of Copper showed little volatility in the trades on 19 December 2013. Copper ended flat but still above its 20 day Exponential Moving Average (EMA) set at Rs 457.49 per kg. MCX Copper closed at Rs 460.4 per kg on 19 December 2013, down 0.24%. Copper is actually in a rising wedge pattern, considered bearish, though the Trend line support is yet to get broken.
MCX Crude Oil closed at Rs 6239 per barrel on 19 December 2013, up 3.1%. The prices ended in green for the second consecutive day but most important was the closing above Rs 6150 per barrel. pen interest in the contract was 12236, this level of open interest was not seen even in December contract that expired on the 18th December 2013. NYMEX Light Sweet Crude Oil for February expiry was trading at $ 98.74 per barrel, up $ 0.3. The prices are trading above the psychological resistance zone of $ 95 per barrel and looking comfortable to move towards $ 100 per barrel.
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EPIC RESEARCH– ANALYST SPEAKS 20th DECEMBER 2013
SILVER MCX:
MCX SILVER March contract was closed at Rs 43869 down Rs 1479, or -3.26 percent. The SILVER rate touched an intraday high of Rs 45020 and an intraday low of Rs 43629. 29377 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 day low 43629 . After 2.00 p.m. Silver seen more selling pressure and it will helpful to break the nearest support 43600. BUY SILVER ABOVE 44260 TGTS 44460/44760 SL 43950 SELL SILVER BELOW 43600TGTS 43350/42950 SL 44000
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EPIC RESEARCH– ANALYST SPEAKS 20th DECEMBER 2013
GOLD MCX:
MCX GOLD February contract was closed at Rs 28362 down Rs 506 , or -1.75 percent. The GOLD rate touched an intraday high of Rs 28785 and an intraday low of Rs 28335. 21652 contracts had been traded. Gold Price was taking support at 28350 and traded in sideways range all day. In evening session gold price broke the nearest support of 28400 and made low of 28235. BUY GOLD ABOVE 28580 TGTS 28660/28760 SL 28470 SELL GOLD BELOW 28310 TGTS 28230/28130 SL 28430
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TODAY’S ECONOMIC EVENTS 20th DECEMBER 2013
Time
Counrty
Event
Actual
Forecast
Previous
FRIDAY, DECEMBER 20 12:30
EUR
GERMAN PPI (MOM)
-0.1%
-0.2%
12:30
EUR
GFK GERMAN CONSUMER CLIMATE
7.4
7.4
TENTATIVE
JPY
BOJ PRESS CONFERENCE
15:00
GBP
BUSINESS INVESTMENT (QOQ)
1.6%
1.4%
15:00
GBP
CURRENT ACCOUNT
-13.9B
-13.0B
15:00
GBP
GDP (QOQ)
0.8%
0.8%
15:00
GBP
GDP (YOY)
1.5%
1.5%
19:00
CAD
CORE CPI (MOM)
0.1%
0.2%
19:00
CAD
CORE CPI (YOY)
1.0%
1.2%
19:00
CAD
CORE RETAIL SALES (MOM)
0.0%
0.0%
19:00
CAD
CPI (YOY)
1.0%
0.7%
19:00
CAD
CPI (MOM)
-0.2%
-0.2%
19:00
CAD
RETAIL SALES (MOM)
0.3%
1.0%
19:00
USD
GDP (QOQ)
3.6%
3.6%
19:00
USD
GDP PRICE INDEX (QOQ)
2.0%
2.0%
19:00
USD
REAL CONSUMER SPENDING
1.4%
1.4%
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