I Prateekj16
RESEARCH VIA
18july
DAILY COMMODITY REPORT
2803.05.2013
Precious Metals G
SILVER
GOLD
D A I L Y
B U Z Z
Gold prices plunged below the Rs 27,000 per 10 grams level at the bullion market here today on consistent selling from stockists in the wake of extremely bearish global sentiment. Silver also dropped sharply following heavy unwinding by speculators as well as subdued jewellery demand. Standard Gold of 99.5 per cent purity shed Rs 245 to conclude at Rs 26,905 per 10 gms from Tuesday's closing level of Rs 27,150. Pure gold of 99.9 per cent purity also lost by a similar margin to end at Rs 27,040 per 10 gm from Rs 27,285. MCX Silver ready (.999 fineness) tanked by Rs 785 to end at Rs 45,540 per kg compared to Rs 46,325 previously
Base Metals & Energy COPPER
CRUDE OIL
-
D A I L Y
B U Z Z
MCX Copper fell on Friday, after two days of gains, as some investors booked profits ahead of a holiday in China next week and others awaited U.S. growth data later in the session. Three-month copper on the London Metal Exchange was $7,100 a tonne in official rings, after earlier reaching $7,258 a tonne, its highest since April 17. European shares and oil prices fell too, but are also set to end what looks to be their best week since November. "The big event of the day is going to be the U.S. GDP figure, which we will be waiting for. There's also a lot of holiday next week in China, so there would have been some profit taking." China's markets will be closed on Monday, Tuesday and Wednesday next week for Labour Day holidays. Copper has rebounded from one-and-a-half-year lows at $6,762.25 a tonne on Tuesday and was set to close the week up around 2 percent, but is still down 10 percent for the year
Agro Outlook DHANIYA
CHANA
DHANIYA
D A I L Y
B U Z Z
Chana prices rose by 1.19 per cent to Rs 3,473 per quintal in futures trade on Thursday as the traders enlarged their holdings on some lower-level demand in spot markets on pick-up in demand. Rise in supplies from the new season crop and expectations of higher output limited the gains. At the National Commodity and Derivatives Exchange, chana for May delivery rose by Rs 41, or 1.19 per cent, to Rs 3,473 per quintal, with an open interest of 78,630 lots. Similarly, chana for delivery in June higher by Rs 39, or 1.11 per cent, to Rs 3,547 per quintal, with an open interest of 91,320 lots. Coriander prices fell by Rs 106 to Rs 6,771 per quintal in futures trade today on subdued spot market demand against excess supplies. The falling trend further supported by profit booking by the traders at higher levels. At the Multi Commodity Exchange, coriander for delivery in May fell by Rs 106, or 1.54 per cent, to Rs 6,771 per quintal with an open interest of 18,220 lots. The spice of May delivery declined by Rs 101, or 1.45 per cent, to Rs 6,880 per quintal, with open interest of 22,850 lots.
Market Statistics M ETALS & ENERGY COMMODITY
CLOSING PRICE
TREND
S2
S1
PIVOT POINT
R1
R2
GOLD
26914
DOWN
26362
26638
26819
27095
27276
SILVER
44541
DOWN
42847
43694
44445
45292
46043
CRUDE OIL
5017
UP
4812
4915
4972
5075
5132
COPPER
372.15
DOWN
363.68
367.92
371.63
375.87
379.58
NICKEL
794.90
DOWN
778.97
786.93
795.47
803.43
811.97
NATURAL GAS
217.90
DOWN
205.43
211.67
223.33
229.57
241.23
LEAD
104.80
DOWN
102.37
103.58
105.47
106.68
108.57
ZINC
97.90
DOWN
96.10
97.00
98.25
99.15
100.40
ALLUMINIUM
97.30
DOWN
95.53
96.42
97.53
98.42
99.53
COMMODITY
CLOSING PRICE
TREND
S2
S1
PIVOT POINT
R1
R2
CHANA
3465
UP
3411
3438
3461
3488
3511
SOYA BEAN
3914
DOWN
3809
3862
3903
3956
3997
JEERA
12805
UP
12458
12632
12806
12979
13153
PEPPER
35650
DOWN
34817
35233
35867
36283
36917
TURMERIC
6300
UP
6156
6228
6334
6406
6512
RM SEED
3423
DOWN
3395
3409
3427
3441
3459
SOYA REF OIL
717.4
UP
709.83
713.62
715.98
719.77
722.13
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