I Prateekj16
RESEARCH VIA
18july
DAILY COMMODITY REPORT
2817.05.2013
Precious Metals G
SILVER
GOLD
D A I L Y
B U Z Z
Rolling down mcx gold prices dropped to one-month low by losing Rs 500 to Rs 26,800 per 10 grams in the national capital today on heavy selling by stockists driven by weak global trend. This fall was in continuation to a steep fall of Rs 600 yesterday to hit a level last seen on April 17, after the metal tumbled in overseas markets driven by reports investors cutting their holdings. MCX Gold in Singapore, which normally sets the price trend on the domestic front, dropped by 0.4 per cent to USD 1,387.30 an ounce, the cheapest since April 19. MCX Silver also plunged by Rs 1,000 to Rs 43,700 per kg on poor offtake by industrial units and coin makers. On the domestic front, gold of 99.9 and 99.5 per cent purity plunged further by Rs 500 each to Rs 26,800 and Rs 26,600 per 10 grams, respectively. Sovereigns also dropped by Rs 300 to Rs 23,700 per piece of eight grams. Silver ready dropped by Rs 1000 to Rs 43,700 per kg and weekly-based delivery by Rs 940 to Rs 43,940 per kg. Silver coins too tumbled by Rs 1000 to 74,000 for buying and Rs 75,000 for selling of 100 pieces.
Base Metals & Energy COPPER
-
PAGE 1
D A I L Y
CRUDE OIL
B U Z Z
Lead prices shed 0.27 per cent to Rs 108.20 per kg in futures trading today, tracking a weak trend overseas amid sluggish demand from battery-makers in the spot market. At the Multi Commodity exchange, lead for delivery in June declined 30 paise, or 0.27 per cent, to Rs 108.20 per kg in business turnover of 83 lots. Similarly, the metal for delivery in the May was down 25 paise, or 0.23 per cent, to Rs 107.60 per kg in 1,424 lots. Zinc futures prices today edged up by 0.10 per cent to Rs 101.40 per kg amid a firm global trend, as speculators enlarged positions. At the Multi Commodity Exchange, zinc for delivery in June up by 10 paise, or 0.10 per cent, to Rs 101.40 per kg, with a business turnover of 25 lots. The metal for delivery in May gained 5 paise, or 0.05 per cent to Rs 100.25 per kg, with a business turnover of 602 lots.
Agro Outlook DHANIYA
CHANA
DHANIYA
D A I L Y
B U Z Z
Coriander prices fell by Rs 78 to Rs 6,770 per quintal in futures trade today as speculators reduced their positions on sluggish spot demand. The sentiment also weakened following adequate stocks availability in the physical market. At the Multi Commodity Exchange, coriander for delivery in June fell by Rs 78, or 1.13 per cent, to Rs 6,770 per quintal with open interest of 27,980 lots. The spice of May delivery declined by Rs 50, or 0.73 per cent to Rs 6,766 per quintal in open interest of 1,250 lots. Turmeric prices declined by 0.48 per cent to Rs 5,806 per quintal in futures trade today as speculators trimmed their positions, triggered by increased supplies from the new season crop in the spot markets Besides, subdued export demand also weighed on the Turmeric prices. At the National Commodity and Derivatives Exchange, turmeric for delivery in June fell Rs 28, or 0.48 per cent, to Rs 5,806 per quintal with an open interest of 24,830 lots. Similarly, the spice for delivery in far-month July traded Rs 22, or 0.37 per cent lower at Rs 5,910 per quintal, with an open interest of 8,370 lots.
Market Statistics M ETALS & ENERGY COMMODITY
CLOSING PRICE
TREND
S2
S1
PIVOT POINT
R1
R2
GOLD
26131
DOWN
25709
25920
26071
26282
26433
SILVER
43262
DOWN
41875
42568
42975
43668
44075
CRUDE OIL
5209
UP
5079
5144
5183
5248
5287
COPPER
400.50
UP
389.70
395.10
398.45
403.85
407.20
NICKEL
815.00
DOWN
807.40
811.20
815.40
819.20
823.40
NATURAL GAS
215.50
DOWN
207.77
211.63
218.17
222.03
228.57
LEAD
109.15
UP
105.98
107.57
108.43
110.02
110.88
ZINC
99.45
UP
98.08
98.77
99.33
100.02
100.58
ALLUMINIUM
100.65
UP
99.12
99.88
100.32
101.08
101.52
COMMODITY
CHANA JEERA
CLOSING PRICE
3459 13347.5
TREND
S2
S1
PIVOT POINT
R1
R2
UP
3413
3436
3448
3471
3483
DOWN
13133
13240
13313
13420
13493
RM SEED
3541
UP
3488
3514
3532
3558
3576
PEPPER
35495
DOWN
35158
35327
35663
35832
36168
SOYA REF OIL
698.5
UP
695.40
696.95
699.05
700.60
702.70
SOYBEAN
3896
DOWN
3841
3869
3906
3934
3971
TURMERIC
6026
UP
5679
5853
5939
6113
6199
Country
Data/Event
Previous
Forecast
Time of Release (IST)
USD
Prelim UoM Consumer Sentiment
76.4
77.9
7.25 P.M
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