DAILY COMMODITY REPORT 23th JANUARY 2014
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DAILY MARKET WRAPUP 23th JANUARY 2014 COMMODITY
CONTRACT
OPEN PRICE
HIGH
LOW
CLOSE PRICE
%CHANGE
OI (in lots)
GOLD
05 FEB 2014
29208.00
29278.00
29121.00
29241.00
-0.22
8006
SILVER
05 MAR 2014
44558.00
44596.00
44200.00
44480.00
-0.22
12222
CRUDE
20 JAN 2014
5940.00
6023.00
5923.00
5922.00
1.57
10881
NATURAL GAS
28 JAN 2014
274.50
287.90
274.50
273.50
5.00
19468
COPPER
28 FEB 2014
460.55
461.55
456.70
461.22
-0.72
11181
NICKEL
31 JAN 2014
912.80
914.50
905.70
912.20
-0.13
7464
LEAD
31 JAN 2014
136.30
137.00
134.75
136.15
-0.95
3183
ZINC
31 JAN 2014
130.00
130.35
128.70
129.80
-0.62
2839
ALUMINIUM
31 JAN 2014
109.50
109.75
107.90
109.30
-1.14
2382
LME WAREHOUSE STOCKS (22– JAN- 2014)
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METAL
TONNES IN STORAGE
ALUMINIUM
-2025
COPPER
-2300
LEAD
-600
NICKEL
-132
ZINC
-1500 Call us at +91-731-6642300
INTERNATIONAL MARKETS 23th JANUARY 2014
PRECIOUS AND INDUSTRY METALS COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
CRUDE OIL (WTI)
USD/BBL.
96.50
-0.23
-0.24%
MAR 14
CRUDE OIL (BRENT)
USD/BBL.
108.00
-0.27
-0.25%
MAR 14
RBOB GASOLINE
USD/GAL.
266.64
-1.07
-0.40%
FEB 14
NYMEX NATURAL GAS
USD/MMBTU
4.72
+0.03
+0.62%
FEB 14
NYMEX HEATING OIL
USD/GAL.
303.96
+0.17
+0.06%
FEB 14
ENERGY COMMODITY FUTURES COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
COMEX GOLD
USD/T OZ.
1,234.50
-4.10
-0.33%
APR 14
GOLD SPOT
USD/T OZ.
1,235.01
-2.14
-0.17%
N/A
COMEX SILVER
USD/T OZ.
19.73
-0.11
-0.55%
MAR 14
COMEX COPPER
USD/LB.
331.95
-1.75
-0.52%
MAR 14
PLATINUM SPOT
USD/T OZ.
1,453.75
-4.38
-0.30%
N/A
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INTRADAY SUPPORT AND RESISTANCE 23th JANUARY 2014
COMMODITY
EXPIRY
SUP.3
SUP.2
SUP.1
PIVOT
RES.1
ALUMINIUM
31-JAN
106.70
107.40
108.35
109.05
110.00
COPPER
28-FEB
449.08
451.82
456.53
459.27
463.98
CRUDEOIL
19-FEB
5677
5737
5829
5889
5981
GOLD
5-FEB
28980
29055
29148
29223
29316
LEAD
31-JAN
131.43
132.52
134.33
135.42
137.23
NATURALGAS
28-JAN
254.10
258.90
266.10
270.90
278.10
NICKEL
31-JAN
871.5
879.9
896.0
904.4
920.5
SILVER
5-MAR
43329
43735
44107
44513
44885
ZINC
31-JAN
125.42
126.33
128.07
128.98
130.72
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MOST ACTIVE CONTRACTS 23th JANUARY 2014
Symbol
Expiry Date
LTP
Value (In Lacs)
Volume (In Lots)
NATURAL GAS
28-01-2014
287.20
2,34,05,651.20
81,496
CRUDE OIL
19-02-2014
6015.00
34,22,47,485.00
56,899
SILVERMICRO
28-02-2014
44398.00
2,22,59,38,128.00
50,136
SILVER M
28-02-2014
44401.00
1,17,04,99,162.00
26,362
COPPER
28-02-2014
457.95
92,84,936.25
20,275
LEADMINI
31-01-2014
134.85
24,85,285.50
18,430
COPPERMINI
28-02-2014
457.85
72,45,476.25
15,825
NICKEL
31-01-2014
911.00
1,41,53,296.00
15,536
NICKELMINI
31-01-2014
910.80
1,30,42,656.00
14,320
GOLD M
05-02-2014
29296.00
39,60,23,328.00
13,518
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TODAY,S COMMODITY NEWS 23th JANUARY 2014
COMMODITY HEADLINES
Gold prices recovered by Rs. 20 to Rs. 30,200 per ten grams in the national capital yesterday on buying by retailers.
the Multi Commodity Exchange, gold for delivery in February declined by Rs. 54, or 0.18 per cent, to Rs. 29,187 per ten grams in a business turnover of 1,498 lots
Chana Slumps On Fresh Supplies In Maharashtra Mandies
Crude oil futures rise to 3-week high on global demand prospects
API Data Show Crude Supply Jump 4.9 Mln Barrels
Natural gas prices soar as powerful winter storm pummels eastern U.S.
Silver futures edge lower with Fed tapering prospects in focus
Castorseed To Encounter Fresh Selling From Higher Levels
UK Jobless Rate Drops To 7.1%
U.K. Budget Deficit Contracts In December
Gold Dips On Firm Dollar, Tapering Concerns
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COMMODITY BUZZ AND ECONOMIC EVENTS 23th JANUARY 2014
COMMODITY BUZZ :
SPECIAL NEWS :
Gold futures slumped on Wednesday to hold near the previous session's one-week low, as expectations for the Federal Reserve to continue tapering its stimulus program and stronger dollar weighed the sentiment. A stronger U.S. dollar usually weighs on gold as it dampens the metals' appeal as an alternative asset and makes dollar-priced commodities more expensive for holders of other currencies. Losses were limited amid ongoing indications of strong physical demand in China. Gold demand in China, the world's largest consumer,
Budget deficit in the United Kingdom narrowed by GBP 2.1 billion from the previous year to GBP 12.1 billion in December, the Office for National Statistics showed Wednesday. The deficit was below the expected level of GBP 14 billion. There was no transfer from Bank of England Asset Purchase Facility Fund to treasury in December. For the financial year to date 2013/14, public sector net borrowing excluding temporary effects of financial interventions was GBP 83.9 billion. This was GBP 11 billion higher than the same period in 2012/13, when it was GBP 72.9 billion. Public sector net debt excluding temporary effects of financial interventions was GBP 1,254.3 billion at the end of December 2013,
UK Unemployment rate for the September-November period was 7.1 percent, just a tad above the Bank of England's threshold for increasing interest rates. The jobless rate in the United Kingdom declined more than expected in the three months to November, the latest figures from the Office for National Statistics showed Wednesday.
Indian Copper prices faced correction in the daily charts today as the Rupee gained some momentum from US Dollar. MCX Copper was trading at Rs 458.35 per kg, down 0.63%. The prices of Copper on MCX were falling due to the fact that Rupee gained 45 pips against the Dollar. INR was trading at 61.84 against US Dollar. LME Copper remained in a sideways mode as China reported a rise in Copper production. The data from China showed that Copper production was at 6238087 tonnes in JanuaryNovember 2013, up 14.31% The Swiss ZEW Survey expectations fell to 36.4 points in January
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EPIC RESEARCH– ANALYST SPEAKS 23th JANUARY 2014
SILVER MCX:
BUY SILVER ABOVE 44700 TGTS 44900/45200 SL 44350 SELL SILVER BELOW 44050 TGTS 43850/43550 SL 44400
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EPIC RESEARCH– ANALYST SPEAKS 23th JANUARY 2014
GOLD MCX:
BUY GOLD ABOVE 29250 TGTS 29170/29070 SL 29350 SELL GOLD BELOW 29100 TGTS 29020/28920 SL 29220
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EPIC RESEARCH– ANALYST SPEAKS 23th JANUARY 2014
CASTORSEED RESISTANCE 1
4348.0
RESISTANCE 2
4398.0
PIVOT
4306.0
SUPPORT 1
4256.0
SUPPORT 2
4214.0
Castorseed 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 @ 4275 and immediate resistance @ 4335. 4250 is also a strong support level and if it sustain below it, may sign of bearish. BUY CASTORSEED FEB ABOVE 4335 TGTS 4365,4415 SL 4285 SELL CASTORSEED FEB BELOW 4275 TGTS 4245,4195 SL 4315
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EPIC RESEARCH– ANALYST SPEAKS 23th JANUARY 2014
DHANIYA
RESISTANCE 1
8574.7
RESISTANCE 2
8739.3.7
PIVOT
8473.3
SUPPORT 1
8308.7
SUPPORT 2
8207.3
Dhaniya Feb. is in bullish trend in daily chart. Immediate support @ 8390and immediate resistance @ 8465.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 8465 TGTS 8495,8545 SL 8415 SELL DHANIYA FEB BELOW 8390 TGTS 8360,8310 SL 8440
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TODAY’S ECONOMIC EVENTS 23th JANUARY 2014
TIME
COUNTRY
EVENT
ACTUAL FORECAST PREVIOUS
THUSDAY 23 JANUARY 2014 04:30
KRW
SOUTH KOREAN GDP (QOQ)
0.9%
1.1%
07:15
CNY
CHINESE HSBC MANUFACTURING PMI
50.6
50.5
10:30
JPY
BOJ MONTHLY REPORT
13:28
EUR
FRENCH MANUFACTURING PMI
47.5
47.0
13:28
EUR
FRENCH SERVICES PMI
48.1
47.8
14:00
EUR
GERMAN MANUFACTURING PMI
54.6
54.3
14:00
EUR
GERMAN SERVICES PMI
54.0
53.5
14:30
EUR
MANUFACTURING PMI
53.0
52.7
14:30
EUR
SERVICES PMI
51.4
51.0
16:30
GBP
CBI DISTRIBUTIVE TRADES SURVEY
25
34
19:00
CAD
CORE RETAIL SALES (MOM)
0.3%
0.4%
19:00
CAD
RETAIL SALES (MOM)
0.3%
-0.1%
19:00
USD
INITIAL JOBLESS CLAIMS
326K
326K
20:30
USD
EXISTING HOME SALES
4.94M
4.90M
20:30
USD
EXISTING HOME SALES (MOM)
0.4%
-4.3%
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