I Prateekj16
RESEARCH VIA
18july
DAILY COMMODITY REPORT
2804.07.2013
Precious Metals G
SILVER
GOLD
D A I L Y
B U Z Z
Silver at futures trade on Wednesday rose by 0.85 per cent to Rs 40,222 per kg as speculators built up fresh positions amid covering-up of short positions taking positive cues from the global markets. At the Multi Commodity Exchange, silver prices for delivery in July spurted by Rs 339, or 0.85 per cent, to Rs 40,222 per kg in business turnover of five lots. On the similar lines, the white metal prices for delivery in September traded Rs 344, or 0.85 per cent, higher at Rs 40,836 per kg in a turnover of 1,309 lots. In the international market, silver gained 0.49 per cent, to trade at $ 19.48 an ounce in Singapore on Wednesday. Market analysts said besides short-covering by speculators, gains in the precious metals in the overseas at lower levels, influenced silver prices at futures trade here.
Base Metals & Energy COPPER
CRUDE OIL
-
D A I L Y
B U Z Z
Copper futures prices on Wednesday rose by 0.71 per cent to Rs 420 per kg in futures trade on Wednesday as speculators enlarged positions, triggered by a falling inventories at the London Metal Exchange amid rising demand at domestic spot markets. At the Multi Commodity Exchange, copper for delivery in August edged up by Rs 2.95, or 0.71 per cent, to Rs 420 per kg in business turnover of 3,132 lots. Likewise, the metal prices for delivery in November traded Rs 3, or 0.70 per cent higher at Rs 424.50 per kg in a turnover of 235 lots
PAGE 2
Agro Outlook DHANIYA
CHANA
DHANIYA
D A I L Y
B U Z Z
Cardamom futures prices on Wednesday declined by 2.16 per cent to Rs 728.50 per kg extending the losing streak for the third consecutive session, as speculators trimmed positions amid adequate stocks with higher supplies from the producing belts. At the Multi Commodity Exchange, cardamom prices for delivery in July declined by Rs 16.10, or 2.16 per cent, to Rs 728.50 per kg, with a business turnover of 206 lots. Likewise, the spice prices for delivery in August declined by Rs 10.40, or 1.33 per cent, to Rs 771 per kg, with a trading volume of 365 lots. Market analysts said besides profit-booking by speculators, subdued demand in the spot market against adequate stocks position also kept pressure on cardamom prices at futures trade.
Market Statistics M ETALS & ENERGY COMMODITY
CLOSING PRICE
TREND
S2
S1
PIVOT POINT
R1
R2
GOLD
26296
UP
25839
26067
26249
26477
26659
SILVER
40989
UP
39723
40356
40753
41386
41783
CRUDE OIL
6111
UP
5844
5978
6075
6209
6306
COPPER
425.8
UP
415.13
420.47
423.33
428.67
431.53
NICKEL
837.9
UP
830.97
834.43
840.67
844.13
850.37
221
UP
214.00
217.50
219.70
223.20
225.40
LEAD
125.5
UP
123.57
124.53
125.32
126.28
127.07
ZINC
112.2
UP
110.87
111.53
112.52
113.18
114.17
ALLUMINIUM
107.8
UP
106.53
107.17
108.28
108.92
110.03
NATURAL GAS
COMMODITY
CLOSING PRICE
TREND
S2
S1
PIVOT POINT
R1
R2
CHANA
3036
UP
2956
2996
3022
3062
3088
JEERA
13265
DOWN
13042
13153
13237
13348
13432
RM SEED
3442
UP
3348
3395
3421
3468
3494
681.55
UP
665
673
678
687
692
SOYBEAN
3630
UP
3543
3587
3618
3662
3693
TURMERIC
5784
UP
5632
5708
5860
5936
6088
SOYA REF OIL
Country
Data/Event
Previous
Forecast
Time of Release (IST)
GBP
Asset Purchase Facility
375B
375N
4.30 P.M
GBP
Official Bank Rate
0.50%
0.50%
4.30 P.M
EUR
Minimum Bid Rate
0.50%
0.50%
4.15 P.M
EUR
ECB Press Conference
6.00 P.M
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