MCX Commodity Updates, Commodity Tips, NCDEX Tips

Page 1

I Prateekj16

RESEARCH VIA

18july

DAILY COMMODITY REPORT

2814.05.2013


Precious Metals G

SILVER

GOLD

D A I L Y

B U Z Z

Gold prices fell by Rs 326 to Rs 26,929 per 10 gm in futures trade today as speculators trimmed their positions, tracking a weak global trend. However, token buying by retailers in the spot markets on the auspicious occasion of "Akshya Tritya" restricted the losses. At the Multi Commodity Exchange, gold for delivery in August fell by Rs 326, or 1.20 per cent, to Rs 26,929 per 10 gm in business turnover of 973 lots. Similarly, the yellow metal for delivery in the June contract lost Rs 296, or 1.10 per cent, to Rs 26,703 per 10 gm in 22,500 lots. Tracking a weak global trend, silver prices traded lower by 0.76 per cent to Rs 44,940 per kg in futures trade today as speculators offloaded their positions. At the Multi Commodity Exchange, MCX silver for delivery in July fell by Rs 346, or 0.76 per cent, to Rs 44,940 per kg in business turnover of 17,291 lots. Similarly, the white metal for delivery in September contract declined by Rs 335, or 0.73 per cent, to Rs 45,608 per kg in 469 lots.


Base Metals & Energy COPPER

-

PAGE 1

D A I L Y

CRUDE OIL

B U Z Z

Nickel prices moved down by 0.53 per cent to Rs 845.50 per kg in futures trade today as speculators reduced their positions, tracking a weak trend at spot market on sluggish demand from alloy-makers. At the Multi Commodity Exchange, nickel for delivery in May declined by Rs 4.50, or 0.53 per cent, to Rs 845.50 per kg in business turnover of 16,349 lots. Similarly, the metal for delivery in the June contract traded lower by Rs 4.40, or 0.51 per cent, to Rs 852.20 per kg in 1,092 lots.


Agro Outlook DHANIYA

CHANA

DHANIYA

D A I L Y

B U Z Z

Turmeric prices fell by Rs 116 to Rs 5,718 per quintal in futures trade on Monday as speculators booked profits at current levels. Subdued demand from local and overseas customers in the spot markets mainly pulled down turmeric futures prices, traders said. At the National Commodity and Derivatives Exchange, turmeric for delivery in May fell by Rs 116, or 2 per cent, to Rs 5,718 per quintal, with an open interest of 585 lots. Likewise, the spice for delivery in June lost Rs 76, or 1.30 per cent, to Rs 5,762 per quintal, with an open interest of 26,105 lots. Potato prices fell by 1.01 per cent to Rs 985 per quintal in futures trade on Monday as speculators offloaded their positions, driven by weak trend in the spot market. At the Multi Commodity Exchange, potato for May delivery fell by Rs 10.10, or 1.01 per cent, to Rs 985 per quintal, with a business volume of 11 lots. For delivery in June, potato traded lower by Rs 5.90, or 0.63 per cent, to Rs 926 per quintal, with a trade volume of 12 lots.


Market Statistics M ETALS & ENERGY COMMODITY

CLOSING PRICE

TREND

S2

S1

PIVOT POINT

R1

R2

GOLD

26854

UP

26594

26724

26806

26936

27018

SILVER

45118

UP

44627

44873

45106

45352

45585

CRUDE OIL

5237

UP

5159

5198

5222

5261

5285

COPPER

408.60

UP

402.90

405.75

408.65

411.50

414.40

NICKEL

841.40

UP

827.60

834.50

842.90

849.80

858.20

NATURAL GAS

215.20

DOWN

211.13

213.17

215.63

217.67

220.13

LEAD

110.05

UP

108.15

109.10

109.80

110.75

111.45

ZINC

101.40

UP

99.87

100.63

101.47

102.23

103.07

ALLUMINIUM

101.70

UP

99.80

100.75

101.75

102.70

103.70

COMMODITY

CLOSING PRICE

TREND

S2

S1

PIVOT POINT

R1

R2

CHANA

3379

UP

3383

3411

3364

3400

3383

JEERA

36390

DOWN

13057

13400

13057

13390

13057

RM SEED

3511

UP

3513

3535

3505

3522

3513

PEPPER

13057

DOWN

36325

36375

36150

36200

36325

SOYA REF OIL

5842

UP

694.5

699.7

693.75

698

694.5

SOYBEAN

3511

DOWN

3900

3943

3892

3921.5

3900

TURMERIC

695.7

UP

5846

5948

5752

5892

5846


Country

Data/Event

Previous

Forecast

Time of Release (IST)

EUR

German ZEW Economic Sentiment

36.3

39.5

2.30 P.M

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