DAILY COMMODITY REPORT 30th DECEMBER 2013
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DAILY MARKET WRAPUP 30th DECEMBER 2013 COMMODITY
CONTRACT
OPEN PRICE
HIGH
LOW
CLOSE PRICE
%CHANGE
OI (in lots)
GOLD
05 FEB 2014
28634.00
28640.00
28250.00
28564.00
0.09
9869
SILVER
05 MAR 2014
44747.00
45226.00
44614.00
45154.00
+0.78
9292
CRUDE
20 JAN. 2013
6193.00
6272.00
6184.00
6261.00
+1.03
10247
NATURAL GAS
28 JAN. 2013
278.00
278.20
272.60
273.40
-1.97
13660
COPPER
28 FEB 2014
468.45
469.95
467.35
468.20
-0.20
13674
NICKEL
31 DEC 2013
882.30
886.90
875.60
877.20
-0.16
4379
LEAD
31 DEC 2013
139.10
140.90
138.15
140.35
+0.54
2420
ZINC
31 DEC 2013
130.10
131.35
128.95
130.50
-0.15
2763
ALUMINIUM
31 DEC 2013
107.0
109.90
106.95
109.55
+2.82
1231
LME WAREHOUSE STOCKS (27- DEC- 2013)
YOUR MINTVISORY
METAL
TONNES IN STORAGE
ALUMINIUM
-6750
COPPER
-1025
LEAD
-500
NICKEL
252
TIN
UNCHANGED
ZINC
8825 Call us at +91-731-6642300
INTERNATIONAL MARKETS 30th DECEMBER 2013
PRECIOUS AND INDUSTRY METALS COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
COMEX GOLD
USD/T OZ.
1,209.90
-4.10
-0.34%
FEB 14
GOLD SPOT
USD/T OZ.
1,210.45
-2.82
-0.23%
N/A
COMEX SILVER
USD/T OZ.
19.87
-0.18
-0.92%
MAR 14
COMEX COPPER
USD/LB.
337.55
-0.95
-0.28%
MAR 14
PLATINUM SPOT
USD/T OZ.
1,372.00
-2.95
-0.21%
N/A
ENERGY COMMODITY FUTURES COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
CRUDE OIL (WTI)
USD/BBL.
100.16
-0.16
-0.16%
FEB 14
CRUDE OIL (BRENT)
USD/BBL.
112.35
+0.17
+0.15%
FEB 14
RBOB GASOLINE
USD/GAL.
282.93
+1.32
+0.47%
JAN 14
NYMEX NATURAL GAS
USD/MMBTU
4.44
+0.07
+1.63%
FEB 14
NYMEX HEATING OIL
USD/GAL.
313.93
+1.52
+0.49%
JAN 14
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INTRADAY SUPPORT AND RESISTANCE 30thDECEMBER 2013
COMMODITY
EXPIRY
SUP.3
SUP.2
SUP.1
PIVOT
RES.1
RES.2
RES.3
ALUMINIUM
31-JAN
107.07
107.98
109.57
110.48
112.07
112.98
114.57
COPPER
28-FEB
464.45
465.90
467.05
468.50
469.65
471.10
472.25
CRUDEOIL
20-JAN
6118
6151
6206
6239
6294
6327
6382
GOLD
5-FEB
27939
28095
28329
28485
28719
28875
29109
LEAD
31-JAN
137.78
138.72
140.18
141.12
142.58
143.52
144.98
NATURALGAS
28-JAN
265.67
269.13
271.27
274.73
276.87
280.33
282.47
NICKEL
31-JAN
872.6
878.8
882.4
888.6
892.2
898.4
902.0
SILVER
5-MAR
44158
44386
44770
44998
45382
45610
45994
ZINC
31-JAN
127.38
128.32
129.48
130.42
131.58
132.52
133.68
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MOST ACTIVE CONTRACTS 30th DECEMBER 2013
Symbol
Expiry Date
LTP
Value (In Lacs)
Volume (In Lots)
SILVERMICRO
28-02-2014
45151.00
351.00
0.78%
NATURAL GAS
28-01-2014
274.00
-5.50
-1.97%
CRUDE OIL
20-01-2014
6263.00
64.00
1.03%
SILVER M
28-02-2014
45150.00
350.00
0.78%
SILVER
05-03-2014
45127.00
351.00
0.78%
COPPER
28-02-2014
469.05
-0.95
-0.20%
LEADMINI
31-12-2013
140.40
0.70
0.50%
NICKEL
31-12-2013
877.90
-1.40
-0.16%
ZINCMINI
31-12-2013
130.65
-0.15
-0.11%
COPPERMINI
28-02-2014
468.95
-1.00
-0.21%
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COMMODITY BUZZ AND ECONOMIC EVENTS 30th DECEMBER 2013
SPECIAL NEWS :
COMMODITY BUZZ :
In the week ahead, the U.S. is to publish reports on pending home sales, consumer confidence and jobless claims, as investors attempt to gauge the strength of the world’s largest oil consuming nation.
The energy commodity jumped to nine-week high on Friday, climbing above the key $100-a-barrel level after government data showed that U.S. oil supplies fell more-than-expected last week.
State-of-the-art Silver Refining Plant inaugurated at Hyderabad in India last week. This plant has been supplied by M/s. Balestri Impianti, Italy, at a total cost of Rs.3.5 crores. This plant can produce the refined silver to the purity of 999.0 to 999.9. The plant consists of medium frequency converter which works on a power output of 35 KW. The melting furnace has got a crucible of 45 Kg of silver and the melting time is 20 to 30 minutes at a temperature of 1250°C (max). India Government Mint, Hyderabad, follows IS 2113:2002 (reaffirmed 2010) for Assaying Silver in Silver and Silver Alloys for assaying of silver. This plant conforms to the European Standard C 2006/42/EC for pollution and environmental compliance.
MCX Crude Oil closed at Rs 6261 per barrel on 27 December 2013, up 1%. The prices ended in green for the third consecutive day but most important was the closing at Rs 6250 per barrel. The recovery in Crude Oil from here will see prices moving. Open interest in the contract is very close to last week average near 10204 contracts. NYMEX Light Sweet Crude Oil for February expiry has breached $ 100.22 per barrel, down 0.1 cents. The prices are trading above the psychological resistance zone.
The amazing Bull Run in the global stock markets fuelled by the Federal Reserve’s aggressive stimulus campaign dismayed investment appeal for Gold.
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EPIC RESEARCH– ANALYST SPEAKS 30th DECEMBER 2013
SILVER MCX:
MCX SILVER March contract was closed at Rs 45154 up Rs 378, or + 0.84%. The SILVER rate touched an intraday high of Rs 45226 and an intraday low of Rs 44614. 17289 contracts had been traded. Silver opened at morning with gap down and made day high. In mid session Silver traded in narrow range and made night high 45226. After evening there had been seen more buying pressure in Silver and it will helpful to break the nearest resistance 45250. BUY SILVER ABOVE 45250 TGTS 45450/45750 SL 44900 SELL SILVER BELOW 44880TGTS 44680/44580 SL 45250
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EPIC RESEARCH– ANALYST SPEAKS 30th DECEMBER 2013
GOLD MCX:
MCX GOLD February contract was closed at Rs 28564 down Rs -12 , or-0.04%. The GOLD rate touched an intraday high of Rs 28640 and an intraday low of Rs 28250. 11702 contracts had been traded. Gold Price was taking support at 28250 and traded in sideways range all day. In evening session Gold price had broken the nearest resistance 28580 and made high of 28640. BUY GOLD ABOVE 28650 TGTS 28720/28820 SL 28550 SELL GOLD BELOW 28420 TGTS 28350/28250 SL 28520
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TODAY’S ECONOMIC EVENTS 30th DECEMBER 2013
Time
Counrty
Event
Actual Forecast
Previous
MONDAY, DECEMBER 30
20:30
YOUR MINTVISORY
USD
PENDING HOME SALES (MOM)
1.0%
-0.6%
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