Commodity report daily

Page 1

I Prateekj16

RESEARCH VIA

18july

DAILY COMMODITY REPORT

2822.07.2013


Precious Metals G

SILVER

GOLD

D A I L Y

B U Z Z

Tracking a firming trend in precious metals overseas, silver futures prices today rose 0.20 per cent to Rs 41,380 per kg as speculators built up fresh positions amid covering-up of short positions. At the Multi Commodity Exchange, silver for delivery in December traded higher by Rs 83, or 0.20 per cent, to Rs 41,380 per kg in business turnover of 15 lots. On the similar lines, the white metal for delivery in September traded Rs 65, or 0.16 per cent, higher at Rs 40,538 per kg in a turnover of 886 lots.


Base Metals & Energy COPPER

CRUDE OIL

-

D A I L Y

B U Z Z

Supported by a firm global trend and increased domestic demand, copper prices rose by 0.46 per cent to Rs 417.45 per kg in futures trade today. At the Multi Commodity Exchange, copper for delivery in August traded higher by Rs 1.90, or 0.46 per cent, to Rs 417.45 per kg in business turnover of 3,888 lots. The metal for delivery in November edged up by Rs 1.95, or 0.46 per cent, to Rs 424.25 per kg in 273 lots. Globally, copper for delivery in three months rose 0.90 per cent to USD 6,970 a tonne on the London Metal Exchange, while at Shanghai Futures Exchange, it gained 0.60 per cent to 49,970 yuan (USD 8,138) a tonne. Lead futures prices today traded a shade higher at Rs 121.75 per kg largely in line with firming trend in base metals in the global markets. At the Multi Commodity Exchange, lead for delivery in July traded 25 paise, or 0.21 per cent, higher at Rs 121.75 per kg, with a turnover of 1,167 lots, while prices for delivery in August gained 20 paise, or 0.16 per cent, to Rs 122.65 per kg in a turnover of 71 lots. At the London Metal Exchange (LME) lead gained 0.3 per cent to USD 2,036.50 a tonne.


Agro Outlook DHANIYA

CHANA

DHANIYA D A I L Y

B U Z Z

Indian turmeric futures edged up on Friday as a fall in domestic supplies and more export enquiries outweighed good progress in sowing and higher carryforward stocks. The key August turmeric contract was 0.45 per cent up at 5,850 rupees per 100 kg on the National Commodity and Derivatives Exchange (NCDEX) at 0956 GMT.

Jeera Indian jeera, or cumin seed, futures edged up due to some improvement in local demand and a rise in overseas demand, though higher local supplies weighed on sentiment. The actively traded jeera contract for August delivery edged up 0.20 per cent at 13,590 rupees per 100 kg on the NCDEX. Spot jeera rose 16 rupees to 13,694 rupees per 100 kg in Unjha, a key market in Gujarat.


Market Statistics M ETALS & ENERGY COMMODITY

CLOSING PRICE

TREND

S2

S1

PIVOT POINT

R1

R2

GOLD

26347

UP

25904

26125

26462

26683

27020

SILVER

40344

UP

40245

40294

40362

40411

40479

CRUDE OIL

6435

DOWN

6398

6416

6434

6452

6470

COPPER

414.55

DOWN

413.85

414.20

414.60

414.95

415.35

NICKEL

839.30

DOWN

836.43

837.87

839.43

840.87

842.43

NATURAL GAS

224.50

DOWN

223.63

224.07

224.53

224.97

225.43

LEAD

120.80

DOWN

120.47

120.63

120.82

120.98

121.17

ZINC

109.35

DOWN

109.05

109.20

109.35

109.50

109.65

ALLUMINIUM

106.55

DOWN

106.22

106.38

106.47

106.63

106.72

COMMODITY

CLOSING PRICE

TREND

S2

S1

PIVOT POINT

R1

R2

CHANA

2989

UP

2955

2972

3005

3022

3055

JEERA

13845

DOWN

13742

13793

13857

13908

13972

RM SEED

3422

UP

3403

3412

3423

3432

3443

SOYA REF OIL

650.3

UP

647

649

651

652

655

SOYBEAN

3118.5

UP

3098

3108

3125

3135

3152

TURMERIC

5958

UP

5893

5925

5973

6005

6053


Country

Data/Event

Previous

Forecast

Time of Release (IST)

USD

Existing Home Sales

5.18M

5.27M

7.30 P.M

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