Commodity report daily

Page 1

I Prateekj16

RESEARCH VIA

18july

DAILY COMMODITY REPORT

2805.07.2013


Precious Metals G

SILVER

GOLD

D A I L Y

B U Z Z

Silver prices fell by 1.16 per cent to Rs 40,515 per kg in futures trade today as speculators booked profits amid a weak trend in the global markets. At the Multi Commodity Exchange, silver prices for delivery in July traded lower by Rs 474, or 1.16 per cent, to Rs 40,515 per kg in business turnover of 18 lots. Similarly, the white metal prices for delivery in September declined by Rs 420, or 1.01 per cent, to Rs 41,111 per kg in business volume of 1,148 lots. In the international market, silver prices traded 0.15 per cent lower at $19.69 an ounce in Singapore. Market analysts said apart from the profit-booking by participants, a weak trend in the Asian region led to the fall in silver prices at futures trade here.


Base Metals & Energy COPPER

CRUDE OIL

-

D A I L Y

B U Z Z

Taking weak cues from global markets, aluminium prices fell 0.51 per cent to Rs 107.25 per kg in futures trading today as speculators offloaded their positions. Further, sluggish demand in the domestic spot markets also weighed on the metal prices. At the Multi Commodity Exchange, aluminium for delivery in July declined by 55 paise, or 0.51 per cent, to Rs 107.25 per kg in business turnover of 201 lots. Similarly, the metal for delivery in August traded lower by 50 paise, or 0.46 per cent, to Rs 108.70 per kg in seven lots. Zinc futures prices today fell 0.62 per cent to Rs 111.50 per kg as speculators reduced positions, amid sluggish domestic demand and weak global trend. At the Multi Commodity Exchange, zinc prices for delivery in July declined by 70 paise, or 0.62 per cent, to Rs 112.20 per kg in business turnover of 530 lots. Likewise, the metal prices for delivery in August traded lower by 65 paise, or 0.57 per cent, to Rs 113.50 per kg in 267 lots.

PAGE 2


Agro Outlook DHANIYA

CHANA

DHANIYA

D A I L Y

B U Z Z

Cardamom futures prices on Wednesday declined by 2.16 per cent to Rs 728.50 per kg extending the losing streak for the third consecutive session, as speculators trimmed positions amid adequate stocks with higher supplies from the producing belts. At the Multi Commodity Exchange, cardamom prices for delivery in July declined by Rs 16.10, or 2.16 per cent, to Rs 728.50 per kg, with a business turnover of 206 lots. Likewise, the spice prices for delivery in August declined by Rs 10.40, or 1.33 per cent, to Rs 771 per kg, with a trading volume of 365 lots. Market analysts said besides profit-booking by speculators, subdued demand in the spot market against adequate stocks position also kept pressure on cardamom prices at futures trade.


Market Statistics M ETALS & ENERGY COMMODITY

CLOSING PRICE

TREND

S2

S1

PIVOT POINT

R1

R2

GOLD

26143

UP

26014

26078

26174

26238

26334

SILVER

40484

UP

40228

40356

40528

40656

40828

CRUDE OIL

6075

UP

6030

6052

6083

6105

6136

COPPER

419.95

UP

416.05

418.00

421.40

423.35

426.75

NICKEL

831.5

UP

825.50

828.50

833.00

836.00

840.50

NATURAL GAS

220.8

UP

216.80

218.80

220.80

222.80

224.80

LEAD

124.25

UP

123.15

123.70

124.65

125.20

126.15

ZINC

111

UP

109.90

110.45

111.40

111.95

112.90

107.5

UP

106.67

107.08

107.67

108.08

108.67

ALLUMINIUM COMMODITY

CLOSING PRICE

TREND

S2

S1

PIVOT POINT

R1

R2

CHANA

3037

UP

3009

3023

3043

3057

3077

JEERA

13110

DOWN

12983

13047

13173

13237

13363

RM SEED

3427

UP

3392

3409

3426

3443

3460

SOYA REF OIL

684.8

UP

679

682

684

687

688

SOYBEAN

3666

UP

3614

3640

3656

3682

3698

TURMERIC

5790

UP

5590

5690

5776

5876

5962


Country

Data/Event

Previous

Forecast

Time of Release (IST)

USD

Non-Farm Employment Change

175K

162K

6.00 P.M

USD

Unemployment Rate

7.6%

7.5%

6.00 P.M

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