DAILY COMMODITY REPORT 29th NOVEMBER 2013
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DAILY MARKET WRAPUP
COMMODITY
CONTRACT
OPEN PRICE
HIGH
LOW
CLOSE PRICE
%CHANGE
GOLD
05 DEC 2013
29939
30210
29911
30159
3656
SILVER
05 DEC 2013
44049
44189
43950
44128
7847
CRUDE
18 DEC 2013
5773
5808
5772
5782
10725
NATURAL GAS
26 DEC 2013
245.50
247.4
243.6
247.20
16058
COPPER
29 NOV 2013
443.45
445.3
441.9
444.5
8077
NICKEL
29 NOV 2013
831.30
835.00
826.4
833.9
5808
LEAD
29 NOV 2013
128.25
128.3
127.3
128.15
2030
ZINC
29 NOV 2013
115.65
115.70
114.65
115.1
1404
ALUMINIUM
29 NOV 2013
106.85
107.00
106.15
106.25
2064
LME WAREHOUSE STOCKS (28 - NOV- 2013) METAL
ALUMINIUM
550
COPPER
-2700
LEAD
-500
NICKEL
1338
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INTERNATIONAL MARKETS PRECIOUS AND INDUSTRY METALS COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
COMEX GOLD
USD/t oz.
1,241.50
+3.60
+0.29%
Feb 14
GOLD SPOT
USD/t oz.
1,242.08
-2.57
-0.21%
N/A
COMEX SILVER
USD/t oz.
19.76
+0.07
+0.37%
Mar 14
COMEX COPPER
USd/lb.
320.70
+1.65
+0.52%
Mar 14
PLATINUM SPOT
USD/t oz.
1,364.04
+1.84
+0.14%
N/A
ENERGY COMMODITY FUTURES COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
CRUDE OIL (WTI)
USD/bbl.
92.31
+0.01
+0.01%
Jan 14
CRUDE OIL (BRENT)
USD/bbl.
110.82
-0.04
-0.04%
Jan 14
RBOB GASOLINE
USd/gal.
269.95
+0.12
+0.04%
Dec 13
NYMEX NATURAL GAS
USD/MMBtu
3.93
+0.03
+0.77%
Jan 14
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INTRADAY SUPPORT AND RESISTANCE
COMMODITY
EXPIRY
SUP.3
SUP.2
SUP.1
PIVOT
RES.1
RES.2
RES.3
ALUMINIUM
29-Nov
105.03
105.92
106.48
107.37
107.93
108.82
109.38
COPPER
29-Nov
437.92
439.33
441.02
442.43
444.12
445.53
447.22
CRUDEOIL
18-Dec
5619
5695
5738
5814
5857
5933
5976
GOLD
5-Dec
29455
29672
29833
30050
30211
30428
30589
LEAD
29-Nov
126.63
127.47
128.03
128.87
129.43
130.27
130.83
NATURALGAS
26-Dec
235.20
237.60
241.60
244.00
248.00
250.40
254.40
NICKEL
29-Nov
812.2
819.9
824.6
832.3
837.0
844.7
849.4
SILVER
5-Dec
43115
43600
43890
44375
44665
45150
45440
ZINC
29-Nov
113.97
114.63
115.07
115.73
116.17
116.83
117.27
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MOST ACTIVE CONTRACTS
Symbol
Expiry Date
LTP
Value (In Lacs)
Volume (In Lots)
CRUDE OIL
18-12-2013
5782.00
15,65,18,740.00
27,070
SILVERMICRO
30-11-2013
44116.00
1,10,32,97,044.00
25,009
NATURAL GAS
26-12-2013
246.50
59,64,067.50
24,195
COPPER
29-11-2013
444.10
62,56,924.90
14,089
SILVER M
30-11-2013
44124.00
53,88,42,288.00
12,212
GOLD M
05-12-2013
30285.00
36,48,43,395.00
12,047
COPPERMINI
29-11-2013
444.00
37,50,024.00
8,446
LEADMINI
29-11-2013
127.90
10,54,663.40
8,246
GOLD
05-12-2013
30076.00
24,77,05,936.00
8,236
NICKEL
29-11-2013
832.80
57,08,011.20
6,854
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COMMODITY BUZZ AND ECONOMIC EVENTS
SPECIAL NEWS :
Japanese industrial production rose 0.5% in October from the previous month, the government said Friday, marking the second straight month of expansion. The Ministry of Economy, Trade and Industry expected their output to rise 0.9% in November and then increase 2.1% in December.
Japan's core consumer price index rose 0.9% in October from a year earlier, government data showed Friday, an acceleration in the pace of price growth from the previous month and a sign that Japan is on its way to shaking off 15 years of deflation. The 0.9% rise was the fastest pace of growth in the index since November 2008. the core CPI for the Tokyo metropolitan area, an early indicator of national price trends, rose 0.9% on year in November, gaining pace from the previous month. The capital's index rose 0.3% rise in October.
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COMMODITY BUZZ :
The combined output of the ten nonferrous metals in China rose 12.9% year on year in Oct, slowing from a 14% growth in the same month of 2012. The production of aluminum electrolytic rose 9.2% year on year to 18.16 million metric tons in the first ten months, after rising 11.3% in the same period of 2012. The output of copper continued to see faster growth, up 13.7% year on year, and the output of alumina grew 13.8%. The output of lead and zinc saw an increase of 6.1% and 13.4% year on year in the period.
Chinese Gold demand is improving. The country's gold imports from Hong Kong picked up last month as peak-demand season approaches . Net gold imports, after deducting flows from the mainland into Hong Kong, were 129.9 tons, compared with 109.4 tons in September
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MARKET OUTLOOK
GOLD OUTLOOK
SILVER OUTLOOK
MCX GOLD December contract was closed at Rs 30210 up Rs MCX SILVER December contract was closed at Rs 44189 164, or 0.55 percent. The GOLD rate touched an intraday down Rs 51, or 0.12 percent. The SILVER rate touched an inhigh of Rs 30210 and an intraday low of Rs 29911. So far traday high of Rs 44189 and an intraday low of Rs 43950. So 9890 contracts have been traded. Gold Price is taking support far 7481 contracts have been traded. Silver opened at mornat 29850 and trade in narrow range all day. In evening ses- ing with gap down and made day low. In mid session silver sion gold price break the nearest resistance of 30050 and trade in narrow range and made day high. After 11 p.m. Have made new high of 30210.
seen some buying pressure in silver, but it will not helpful to break the nearest resistance of 44250.
COPPER OUTLOOK
CRUDEOIL OUTLOOK
MCX COPPER November contract was closed at Rs 444.50 MCX CRUDEOIL December contract was closed at Rs 5782 up Rs 1.80, or 0.41 percent. The COPPER rate touched an in- down Rs 1, or 0.02 percent. The CRUDEOIL rate touched an traday high of Rs 445.30 and an intraday low of Rs 441.90. So intraday high of Rs 5808 and an intraday low of Rs 5772. So far 16077 contracts have been traded. From past 3-4 days far 29529 contracts have been traded. At morning crude-oil copper trading in very narrow range (446-440) fresh buying price have fresh buying and it made day high and in mid sesand selling will decide the trend.
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sion to market closed crude oil moved sideways.
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EPIC RESEARCH– ANALYST SPEAKS GOLD MCX:
SILVER MCX:
BUY GOLD ABOVE 30250 TGTS 30300/30380 SL 30170 SELL GOLD BELOW 29835 TGTS 29785/29720 SL 29915
BUY SILVER ABOVE 45200 TGTS 45400/45800 SL 45000 SELL SILVER BELOW 43950 TGTS 43750/43500 SL 44100
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TODAY’S ECONOMIC EVENTS
Time
Counrty
Event
Actual Forecast Previous
Friday, November 29 All Day
United States
Holiday- The Day After Thanksgiving - Early close at 13:00
05:00
JPY
Tokyo Core CPI (YoY)
0.6%
0.4%
0.3%
05:00
JPY
Tokyo CPI (YoY)
0.9%
0.7%
0.6%
05:20
JPY
Industrial Production (MoM)
0.5%
2.0%
1.3%
12:30
EUR
German Retail Sales (MoM)
0.5%
-0.4%
12:30
GBP
Nationwide HPI (MoM)
0.6%
1.0%
13:15
EUR
French Consumer Spending (MoM)
0.2%
-0.1%
16:00
CHF
KOF Leading Indicators
1.88
1.72%
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