DAILY COMMODITY REPORT 31st DECEMBER 2013
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DAILY MARKET WRAPUP 31st DECEMBER 2013 COMMODITY
CONTRACT
OPEN PRICE
HIGH
LOW
CLOSE PRICE
%CHANGE
OI (in lots)
GOLD
05 FEB 2014
28551.00
28551.00
28331.00
28359.00
-0.59
9860
SILVER
05 MAR 2014
44825.00
44879.00
44127.00
44203.00
-0.99
10664
CRUDE
20 JAN. 2013
6248.00
6258.00
6152.00
6158.00
-0.60
9525
NATURAL GAS
28 JAN. 2013
374.30
277.90
273.60
274.50
-1.29
14570
COPPER
28 FEB 2014
468.05
469.85
466.25
466.55
-0.61
13515
NICKEL
31 DEC 2013
880.20
884.70
862.90
867.60
-1.40
3707
LEAD
31 DEC 2013
140.00
141.05
137.30
137.60
-1.22
2010
ZINC
31 DEC 2013
130.25
131.10
129.50
130.00
-0.54
2446
ALUMINIUM
31 DEC 2013
109.50
111.25
109.40
109.70
+3.24
912
LME WAREHOUSE STOCKS (30- DEC- 2013)
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METAL
TONNES IN STORAGE
ALUMINIUM
-3250
COPPER
-3500
LEAD
UNCHANGED
NICKEL
2790
TIN
-10
ZINC
-5825 Call us at +91-731-6642300
INTERNATIONAL MARKETS 31st DECEMBER 2013
PRECIOUS AND INDUSTRY METALS COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
COMEX GOLD
USD/T OZ.
1,197.60
-6.20
-0.52%
FEB 14
GOLD SPOT
USD/T OZ.
1,198.38
+1.81
+0.15%
N/A
COMEX SILVER
USD/T OZ.
19.48
-0.57
-2.86%
MAR 14
COMEX COPPER
USD/LB.
338.70
+0.45
+0.13%
MAR 14
PLATINUM SPOT
USD/T OZ.
1,357.00
+0.65
+0.05%
N/A
ENERGY COMMODITY FUTURES COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
CRUDE OIL (WTI)
USD/BBL.
99.36
+0.07
+0.07%
FEB 14
CRUDE OIL (BRENT)
USD/BBL.
111.26
+0.05
+0.04%
FEB 14
RBOB GASOLINE
USD/GAL.
279.14
-2.47
-0.88%
JAN 14
NYMEX NATURAL GAS
USD/MMBTU
4.44
+0.01
+0.32%
FEB 14
NYMEX HEATING OIL
USD/GAL.
307.72
0.00
0.00%
JAN 14
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INTRADAY SUPPORT AND RESISTANCE 31st DECEMBER 2013
COMMODITY
EXPIRY
SUP.3
SUP.2
SUP.1
PIVOT
RES.1
RES.2
RES.3
ALUMINIUM
31-JAN
108.85
109.95
110.65
111.75
112.45
113.55
114.25
COPPER
28-FEB
461.65
463.95
465.25
467.55
468.85
471.15
472.45
CRUDEOIL
20-JAN
6015
6083
6121
6189
6227
6295
6333
GOLD
5-FEB
28056
28194
28276
28414
28496
28634
28716
LEAD
31-JAN
134.12
136.43
137.72
140.03
141.32
143.63
144.92
NATURALGAS
28-JAN
268.47
271.03
272.77
275.33
277.07
279.63
281.37
NICKEL
31-JAN
846.1
858.8
867.4
880.1
888.7
901.4
910.0
SILVER
5-MAR
43175
43651
43927
44403
44679
45155
45431
ZINC
31-JAN
127.22
128.33
129.02
130.13
130.82
131.93
132.62
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MOST ACTIVE CONTRACTS 31st DECEMBER 2013
Symbol
Expiry Date
LTP
Value (In Lacs)
Volume (In Lots)
SILVERMICRO
28-02-2014
44370.00
3,25,28,97,810.00
73,313
CRUDE OIL
20-01-2014
6162.00
27,97,91,772.00
45,406
NATURAL GAS
28-01-2014
275.90
1,09,73,094.80
39,772
SILVER M
28-02-2014
44371.00
1,53,94,96,216.00
34,696
SILVER
05-03-2014
44331.00
87,54,48,588.00
19,748
LEADMINI
31-12-2013
138.00
22,64,856.00
16,412
COPPER
28-02-2014
467.15
68,32,068.75
14,625
NICKEL
31-12-2013
867.00
1,12,87,473.00
13,019
COPPERMINI
28-02-2014
467.05
53,99,098.00
11,560
LEAD
31-12-2013
138.00
14,34,096.00
10,392
GOLD
05-02-2014
28408.00
27,05,86,200.00
9,525
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COMMODITY BUZZ AND ECONOMIC EVENTS 31st DECEMBER 2013
SPECIAL NEWS :
Mining major Vedanta Resources has restarted its mining operation in Sesa Sterlite mine. The company has asked the permission from Supreme Court to start the production of mine. The Supreme Court gave its permission to start mining operation in its order dated 18 April 2013. Nippon Steel & Sumikin Stainless Steel (NSSC), the largest stainless steel producer has settled the import prices for high carbon ferrochrome with South African producers at 126 cent/lb. CIF for the first quarter of 2014, rising by 4.6% from a quarter ago.In fact, NSSC expected South African producers to reduce prices. China exports of stainless sheets and coils totaled 170585 tons in November, up slightly by 1 .1% from a month ago. In November, the country's exports of stainless sheets coils made to Taiwan totaled 53,823 tons, decreasing by 12.2% from a month ago.
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COMMODITY BUZZ :
Due to High consumption and rupee depreciate combined pressured Natural Gas to become top performer in energy for 2013.
The inventories of Copper maintained on LME warehouses were yet again down reaching 367450 tonnes. The inventories have been in a declining mode, mostly on account of rise in supply premiums in spot markets.
India gold and crude oil futures edged lower while copper price recorded an up-tick on Monday. Crude oil failed to get support from firm international cues and was seen trading in a narrow range. Gold futures for February delivery on India's Multi Commodity Exchange was seen trading with a loss.
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EPIC RESEARCH– ANALYST SPEAKS 31st DECEMBER 2013
SILVER MCX:
The SILVER rate touched an intraday high of Rs 44879 and an intraday low of Rs 44127. 19465 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 low 44127 . After evening there had seen more selling pressure in Silver and it will helpful to break the nearest support 43900. BUY SILVER ABOVE 44480 TGTS 44680/44980 SL 44080 SELL SILVER BELOW 43900 TGTS 43700/43400 SL 44250
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EPIC RESEARCH– ANALYST SPEAKS 31st DECEMBER 2013
GOLD MCX:
The GOLD rate touched an intraday high of Rs 28551 and an intraday low of Rs 28331. 9367 contracts had been traded. Gold Price was taking support at 28250 and traded in sideways range all day. In evening session gold price breached the nearest support 28360 and made low of 2833. a weak trend in the overseas markets mainly put pressure on the gold prices at futures trade here. BUY GOLD ABOVE 28480 TGTS 28560/28660 SL 28380 SELL GOLD BELOW 28250 TGTS 28170/28070 SL 28350
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TODAY’S ECONOMIC EVENTS 31st DECEMBER 2013
Time
Counrty
Event
Actual
Forecast
Previous
TUESDAY, DECEMBER 31 ALL DAY
HOLIDAY
JAPAN - EXCHANGE HOLIDAY
ALL DAY
HOLIDAY
GERMANY - NEW YEAR'S EVE
ALL DAY
HOLIDAY
SWITZERLAND - NEW YEAR'S DAY
ALL DAY
HOLIDAY
DENMARK - NEW YEAR'S EVE
ALL DAY
HOLIDAY
UNITED KINGDOM - NEW YEAR'S EVE - EARLY CLOSE AT 12:30
ALL DAY
HOLIDAY
HONG KONG - NEW YEAR'S EVE - EARLY CLOSE AT 13:00
20:15
USD
CHICAGO PMI
61.0
63.0
20:30
USD
CB CONSUMER CONFIDENCE
76.0
70.4
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