DAILY COMMODITY REPORT 22th JANUARY 2014
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DAILY MARKET WRAPUP 22th JANUARY 2014 COMMODITY
CONTRACT
OPEN PRICE
HIGH
LOW
CLOSE PRICE
%CHANGE
OI (in lots)
GOLD
05 FEB 2014
29238.00
29298.00
29130.00
29288.00
-0.17
8294
SILVER
05 MAR 2014
44900.00
44918.00
44140.00
45024.00
-1.10
12057
CRUDE
20 JAN 2014
5806.00
5948.00
4796.00
5813.00
1.67
9388
NATURAL GAS
28 JAN 2014
263.70
275.70
263.70
262.90
3.77
16723
COPPER
28 FEB 2014
456.05
462.00
454.55
458.45
0.97
11427
NICKEL
31 JAN 2014
882.10
912.00
888.20
895.00
1.65
8263
LEAD
31 JAN 2014
134.40
136.60
133.60
134.40
1.12
3356
ZINC
31 JAN 2014
127.95
129.80
127.25
128.00
1.21
3091
ALUMINIUM
31 JAN 2014
108.85
109.75
108.10
108.95
0.32
2198
LME WAREHOUSE STOCKS (22– JAN- 2014)
YOUR MINTVISORY
METAL
TONNES IN STORAGE
ALUMINIUM
-7275
COPPER
-3875
LEAD
200
NICKEL
-432
ZINC
-3100 Call us at +91-731-6642300
INTERNATIONAL MARKETS 22th JANUARY 2014
PRECIOUS AND INDUSTRY METALS COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
COMEX GOLD
USD/T OZ.
1,242.20
+0.40
+0.03%
FEB 14
GOLD SPOT
USD/T OZ.
1,242.59
+1.18
+0.10%
N/A
COMEX SILVER
USD/T OZ.
19.91
+0.04
+0.18%
MAR 14
COMEX COPPER
USD/LB.
334.85
-0.25
-0.07%
MAR 14
PLATINUM SPOT
USD/T OZ.
1,458.75
+7.87
+0.54%
N/A
ENERGY COMMODITY FUTURES COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
CRUDE OIL (WTI)
USD/BBL.
94.99
0.00
0.00%
MAR 14
CRUDE OIL (BRENT)
USD/BBL.
107.03
+0.30
+0.28%
MAR 14
RBOB GASOLINE
USD/GAL.
263.64
+1.58
+0.60%
FEB 14
NYMEX NATURAL GAS
USD/MMBTU
4.48
+0.05
+1.02%
FEB 14
NYMEX HEATING OIL
USD/GAL.
303.22
+1.75
+0.58%
FEB 14
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INTRADAY SUPPORT AND RESISTANCE 22th JANUARY 2014
COMMODITY
EXPIRY
SUP.3
SUP.2
SUP.1
PIVOT
RES.1
ALUMINIUM
31-JAN
107.98
108.47
109.33
109.82
110.68
COPPER
28-FEB
454.02
455.23
457.22
458.43
460.42
CRUDEOIL
19-FEB
5779
5796
5817
5834
5855
GOLD
5-FEB
29184
29236
29313
29365
29442
LEAD
31-JAN
133.37
133.88
134.82
135.33
136.27
NATURALGAS
28-JAN
259.43
261.17
263.23
264.97
267.03
NICKEL
31-JAN
876.3
885.6
891.2
900.5
906.1
SILVER
5-MAR
44771
44898
45081
45208
45391
ZINC
31-JAN
127.03
127.52
128.08
128.57
129.13
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MOST ACTIVE CONTRACTS 22th JANUARY 2014
Symbol
Expiry Date
LTP
Value (In Lacs)
Volume (In Lots)
SILVERMICRO
28-02-2014
44545.00
4,18,31,31,860.00
93,908
CRUDE OIL
19-02-2014
5910.00
37,26,13,680.00
63,048
NATURAL GAS
28-01-2014
272.80
1,59,12,969.60
58,332
SILVER M
28-02-2014
44550.00
2,07,45,59,850.00
46,567
COPPER
28-02-2014
460.90
1,16,71,370.70
25,323
SILVER
05-03-2014
44529.00
1,10,78,36,991.00
24,879
LEADMINI
31-01-2014
135.85
29,97,666.10
22,066
NICKEL
31-01-2014
909.80
1,81,56,878.60
19,957
COPPERMINI
28-02-2014
460.90
89,30,398.40
19,376
NICKELMINI
31-01-2014
909.90
1,69,26,869.70
18,603
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TODAY,S COMMODITY NEWS 22th JANUARY 2014
COMMODITY HEADLINES
Gold prices declined by 0.21 per cent to Rs. 29,227 per ten grams in futures trading
Gold jewellery inflows via NRIs cool domestic prices
Gold futures decline 0.21% on global cues
Silver futures down 0.46% on weak global cues
CEC for time-bound scheme to re-allot category 'C' mines
Copper falls 0.3% on sluggish demand, global cues
Oil prices down in Asian trade
China’s new Oil refineries to change demand-supply dynamics in Lunar New Year
China Crude Oil demand expected to grow by 350,000 b/d in Q1 2014
Aussie Silver, Lead, Zinc ore industry grows 2.1% annually, to get $4.3 bn in revenue in 2013-14
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COMMODITY BUZZ AND ECONOMIC EVENTS 22th JANUARY 2014
COMMODITY BUZZ :
SPECIAL NEWS :
MCX Gold futures came off their highs in intraday trades as the global prices corrected from recent six week highs on ideas that the US the Fed is on track to trim its bond-buying program and a further reduction could as soon as the central bank's meeting around this month-end. The US dollar strengthened and hovered around its seven week high and COMEX Gold broke under $1250 per ounce. The metal quotes at $1244.10, down $7.80 per ounce on the day. MCX Gold futures also eased from intraday highs near Rs 29300 per 10 grams and currently quote at Rs 29260, down Rs 28 per 10 grams on the day
India's index of mineral production of mining and quarrying sector in November 2013 was higher by 3.7% compared to that of the preceding month. The mineral sector has shown a positive growth of 1.0% during November 2013 as compared to that of the corresponding month of previous year. Local gold production surged by 24.6% to 86 kgs. The total value of mineral production (excluding atomic & minor minerals) in the country during November 2013 was Rs. 17163 crore. The contribution of coal was the highest at Rs. 5798 crore (34%). Next in the order of importance were: petroleum (crude) Rs. 5728 crore, iron ore Rs. 2276 crore, natural gas (utilized) Rs. 1797 crore, limestone Rs. 364 crore and lignite Rs. 365 crore.
The NCDEX futures declined by 1.50% yesterday. As per the latest crop data compiled by team of commodityinsights.com, the total production of guarseed in the current year is estimated at 24 lakh tonnes against 21 lakh tonnes reported in the previous year Selling intensified in mustard seed futures to favourable crop conditions in the major producing states.
Economic confidence in Germany fell 0.3 points to 61.7 in January. The score was expected to rise to 64. The indicator of economic sentiment weakened unexpectedly in January, survey data from the Centre for European Economic Research/ZEW showed Tuesday. The expert's assessment of the current economic situation climbed 8.8 points to 41.2, its highest mark since May 2012.
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EPIC RESEARCH– ANALYST SPEAKS 22th JANUARY 2014
SILVER MCX:
MCX SILVER march contract was closed at RS 45024 down , 1.10 percent. The SILVER rate have touched an intraday high of Rs 44918 and an intraday low of Rs 44140. So far 24470 contracts have been traded. Silver opened at morning with gap down and made day high. In day session silver trade in range-bound and made day high 44918 . After evening Have seen more selling in silver and it will helpful to break the nearest resistance 44390 further silver will touch level 44100 next trading session.
BUY SILVER ABOVE 44700 TGTS 44900/45200 SL 44350 SELL SILVER BELOW 44350 TGTS 44150/43850 SL 44700
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EPIC RESEARCH– ANALYST SPEAKS 22th JANUARY 2014
GOLD MCX:
MCX GOLD February contract was closed at Rs 29288 down -0.17 percent. The GOLD rate touched an intraday high of Rs 29298 and an intraday low of Rs 29130. So far 17180 contracts have been traded. Gold Price is taking support at 29100 trade in range bound all day. In evening session gold price have cracked the nearest support 29200 and made high of 29130 BUY GOLD ABOVE 29300 TGTS 29380/29480 SL 29290 SELL GOLD BELOW 29190 TGTS 29110/29010 SL 29300
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EPIC RESEARCH– ANALYST SPEAKS 22th JANUARY 2014
CASTORSEED RESISTANCE 1
4371.70
RESISTANCE 2
4407.3
PIVOT
4345.30
SUPPORT 1
4309.7
SUPPORT 2
4283.30
castor seed is in sideways and taking support of 4250 in daily chart .MACD & RSI shows down trend but when price trend will break its consolidation trend then only it will clear the trend. Immediate support @ 4315 and immediate resistance @ 4385. 4250 is also a strong support level and if it sustain below it, may sign of bearish. BUY CASTORSEED FEB ABOVE 4385 TGTS 4415,4465 SL 4335 SELL CASTORSEED FEB BELOW 4315 TGTS 4285,4235 SL 4365
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EPIC RESEARCH– ANALYST SPEAKS 22th JANUARY 2014
DHANIYA
RESISTANCE 1
8198.70
RESISTANCE 2
8277.30
PIVOT
8104.3
SUPPORT 1
8021.3
SUPPORT 2
7931.30
Dhaniya Feb. is in bullish trend in daily chart. Immediate support @ 8345 and immediate resistance @ 8485.open interest and pries has increased, RSI and MACD both are give signal of bullishness. Fundamentally dhaniya is in bullish trend in coming trading session. BUY DHANIYA FEB ABOVE 8485 TGTS 8515,8565 SL 8435 SELL DHANIYA FEB BELOW 8345 TGTS 8315,8265 SL 8395
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TODAY’S ECONOMIC EVENTS 22th JANUARY 2014
TIME
COUNTRY
EVENT
ACTUAL FORECAST PREVIOUS
WEDNESDAY 22 JANUARY 2014 05:00
AUD
WESTPAC CONSUMER SENTIMENT
06:00
AUD
CPI (QOQ)
0.5%
1.2%
06:00
AUD
CPI (YOY)
2.5%
2.2%
06:00
AUD
TRIMMED MEAN CPI (QOQ)
0.6%
0.7%
TENTATIVE
JPY
BOJ PRESS CONFERENCE
15:00
GBP
AVERAGE EARNINGS INDEX +BONUS
1.0%
0.9%
15:00
GBP
CLAIMANT COUNT CHANGE
-35.0K
-36.7K
15:00
GBP
MPC MEETING MINUTES
15:00
GBP
UNEMPLOYMENT RATE
7.3%
7.4%
20:30
CAD
BOC MONETARY POLICY REPORT
20:30
CAD
INTEREST RATE DECISION
1.00%
1.00%
21:45
CAD
BOC GOV POLOZ SPEAKS
YOUR MINTVISORY
-4.80%
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