Research Via ~ MCX Commodity Tips, Stock Futures and Options, NCDEX Tips

Page 1

I Prateekj16

RESEARCH VIA

18july

DAILY COMMODITY REPORT

2823.04.2013


Precious Metals G

SILVER

GOLD

D A I L Y

B U Z Z

Gold prices today rose by Rs 300 to trade at Rs 27,400 per ten grams here on increased demand amid firming global trends. MCX Silver also snapped its six-day falling trend and recovered by Rs 500 to Rs 45,800 per kg on increased offtake by industrial units and coin makers. Sentiment bolstered as stockists and retailers purchased Gold at existing lower levels due to the prevailing marriage season, after the recent steep fall. Gold in London, which normally sets price trend on the domestic front, rose 1.3 per cent to $1,422.56 an ounce and silver by 0.5 per cent to USD 23.36 an ounce. On the domestic front, gold of 99.9 and 99.5 per cent purity shot up by Rs 300 each to Rs 27,400 and Rs 27,200 per ten grams, respectively. Before the current Rs 750 gain in the last two days, gold had tumbled Rs 3,250 in last week. Silver ready recovered by Rs 500 to Rs 45,800 per kg and weekly-based delivery by Rs 370 to Rs 43,670 per kg. The white metal had lost Rs 7,300 in the previous six sessions.


Base Metals & Energy COPPER

CRUDE OIL

-

D A I L Y

B U Z Z

Lead futures prices today rose by 0.59 per cent, to Rs 110.70 per kg on rising spot demand. Further, metal's strength at the London Metal Exchange also helped lead to trade hogher. At the Multi Commodity Exchange, lead for delivery in May traded 65 paise, or 0.59 per cent, higher at Rs 110.70 per kg, with a turnover of 308 lots. The metal for delivery in April also rose by 60 paise, or 0.55 per cent, to trade at Rs 109.65 per kg, in a business turnover of 4,558 lots. Globally, lead gained 0.9 per cent to USD 2,038 per tonne on the London Metal Exchange (LME). Amid weak global cues on demand concern, copper prices fell by 0.65 per cent to Rs 380.15 per kg in futures trade today on speculators reducing their positions. At the Multi Commodity Exchange, copper for delivery in June traded Rs 2.50, or 0.65 per cent, to Rs 380.15 per kg in business turnover of 1,190 lots. Similarly, the metal for delivery in April down by Rs 2.30, or 0.61 per cent, to Rs 373.95 per kg in 8,584 lots.

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Agro Outlook DHANIYA

CHANA

DHANIYA

D A I L Y

B U Z Z

Coriander prices moved up by 1.97 per cent to Rs 7,130 per quintal in futures trading today as speculators enlarged their positions, triggered by a firm trend at spot market. At the National Commodity and Derivative Exchange, coriander for delivery in June moved up by Rs 138, or 1.97 per cent, to Rs 7,130 per quintal with an open interest of 12,800 lots. Likewise, the spice for delivery in the May contract gained Rs 117, or 1.70 per cent, to Rs 6,980 per quintal in 31,420 lots. Supported by a rise in demand in the spot market against restricted arrivals from producing belts, cardamom prices rose by Rs 11.10 to Rs 779.10 per kg in futures trade today as speculators created fresh positions. At the Multi Commodity Exchange, cardamom for delivery in May rose by Rs 11.10, or 1.45 per cent, to Rs 779.10 per kg in business turnover of 1,346 lots. Similarly, the spice for delivery in June contracts traded higher by Rs 5, or 0.64 per cent, to Rs 785 per kg in 247 lots.


Market Statistics M ETALS & ENERGY COMMODITY

CLOSING PRICE

TREND

S2

S1

PIVOT POINT

R1

R2

GOLD

26363

UP

26005

26184

26363

26542

26721

SILVER

43687

UP

43085

43386

43728

44029

44371

CRUDE OIL

4834

UP

4743

4788

4821

4866

4899

COPPER

375.00

DOWN

365.60

370.30

373.05

377.75

380.50

NICKEL

827.20

DOWN

808.73

817.97

824.33

833.57

839.93

NATURAL GAS

231.00

DOWN

227.67

229.33

232.37

234.03

237.07

LEAD

108.10

DOWN

106.70

107.40

108.60

109.30

110.50

ZINC

100.30

DOWN

98.93

99.62

100.23

100.92

101.53

ALLUMINIUM

101.35

DOWN

99.62

100.48

100.97

101.83

102.32

COMMODITY

CLOSING PRICE

TREND

S2

S1

PIVOT

R1

POINT

R2

CHANA

3565

UP

3534

3550

3572

3588

3610

SOYA BEAN

3855

DOWN

3746

3800

3835

3889

3924

JEERA

13110

DOWN

12973

13042

13121

13189

13268

PEPPER

35300

DOWN

34780

35040

35310

35570

35840

TURMERIC

6526

UP

6258

6392

6536

6670

6814

RM SEED

3467

DOWN

3430

3449

3470

3489

3510

693.73

697.57

701.53

705.37

709.33

SOYA REF OIL

701.40

UP

Country

Data/Event

Previous

Forecast

Time of Release (IST)

EUR

German Flash Manufacturing PMI

49.0

49.0

1.00 P.M

USD

New Home Sales

411K

419K

7.30 P.M


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