Commodity report daily

Page 1

I Prateekj16

RESEARCH VIA

18july

DAILY COMMODITY REPORT

2811.07.2013


Precious Metals G

SILVER

GOLD

D A I L Y

B U Z Z

Gold futures prices today rose by 0.17 per cent to Rs 26,055 per 10 grams as speculators enlarged positions, largely in tandem with a firming trend overseas. At the Multi Commodity Exchange, metal prices for delivery in August gained Rs 45, or 0.17 per cent, to trade higher at Rs 26,055 per 10 gm in a turnover of 4,038 lots. Similarly, the metal prices for delivery in October edged up by Rs 33, or 0.13 per cent, to Rs 26,139 per 10 gm, clocking a business volume of 305 lots. Analysts attributed gains in the precious metal at futures trade to a firm trend in the overseas markets as physical gold purchases picked up at lower prices. Globally, gold rose by USD 13.40, or 1.08 per cent, to USD 1,250.10 an ounce in New York yesterday.


Base Metals & Energy COPPER

CRUDE OIL

-

PAGE 1

D A I L Y

B U Z Z

Copper prices fell by 0.49 per cent to Rs 406.75 per kg in futures trade today after speculators trimmed positions, tracking a weak global trend. At the Multi Commodity Exchange, Copper for delivery in August fell by Rs 2, or 0.49 per cent, to Rs 406.75 per kg in business turnover of 799 lots. In a similar fashion, the metal for delivery in November declined by Rs 1.95, or 0.47 per cent, to Rs 412.60 per kg in 68 lots. Crude oil futures prices rose sharply by 1.14 per cent to Rs 6,280 per barrel today as speculators created fresh positions, tracking a firming trend in Asia. At the Multi Commodity Exchange, crude oil for delivery in July traded Rs 71 or 1.14 per cent, higher at Rs 6,280 per barrel with a business turnover of 11,657 lots. The crude oil for August also moved up by Rs 50, or 0.8 per cent, to Rs 6,267 per barrel, with a business volume of 2,987 lots. Market analysts said the rise in crude oil futures was attributed to a firming trend in Asia buoyed by solid gains in US stocks and stronger demand in the world's biggest economy. Meanwhile, crude oil for the August delivery added 99 cents to USD 104.52 a barrel on the New York Mercantile Exchange in the morning trade.


Agro Outlook DHANIYA

CHANA

DHANIYA D A I L Y

B U Z Z

Cardamom prices fell by 2.16 per cent to Rs 670 per kg in futures trade today as speculators booked profits driven by sluggish demand in the spot market. Adequate stocks availability in the physical market on increased arrivals from the producing belts also put pressure on the Cardamom prices. At the Multi Commodity Exchange, cardamom for delivery in July fell by Rs 14.80, or 2.16 per cent, to Rs 670 per kg in business turnover of 88 lots. Similarly, the spice for delivery in August traded lower by Rs 2, or 0.27 per cent, to Rs 752.20 per kg in 394 lots.


Market Statistics M ETALS & ENERGY COMMODITY

CLOSING PRICE

TREND

S2

S1

PIVOT POINT

R1

R2

GOLD

26103

UP

25835

25969

26110

26244

26385

SILVER

40174

UP

39631

39903

40201

40473

40771

CRUDE OIL

6391

UP

6139

6265

6336

6462

6533

COPPER

412

UP

402.33

407.17

409.83

414.67

417.33

NICKEL

816.6

UP

789.93

803.27

812.13

825.47

834.33

NATURAL GAS

221.1

UP

212.43

216.77

222.83

227.17

233.23

LEAD

124.25

UP

120.02

122.13

123.37

125.48

126.72

ZINC

112.55

UP

109.42

110.98

111.87

113.43

114.32

ALLUMINIUM

107.55

UP

104.78

106.17

106.93

108.32

109.08

COMMODITY

CLOSING PRICE

TREND

S2

S1

PIVOT POINT

R1

R2

CHANA

3107

UP

3064

3086

3121

3143

3178

JEERA

13650

DOWN

13465

13558

13718

13810

13970

RM SEED

3498

UP

3472

3485

3509

3522

3546

SOYA REF OIL

685

UP

680

683

687

690

694

SOYBEAN

3190

UP

3130

3160

3192

3222

3253

TURMERIC

5828

UP

5699

5763

5827

5891

5955


Country

Data/Event

Previous

Forecast

Time of Release (IST)

USD

Unemployment Claims

343K

342K

6.00 P.M

USD

Fed Chairman Bernanke Speaks

1.40 P.M

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