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RESEARCH VIA

18july

WEEKLY COMMODITY REPORT

2813.05.2013

Precious Metals GOLD

SILVER

D A I L Y

B U Z Z

Snapping a two-day losing trend, mcx gold prices recovered sharply by Rs 285 to Rs 27,850 per 10 gm in the national capital today on emergence of stockists buying for the wedding season amid a firm global trend.

MCX Silver also advanced by Rs 300 to Rs 46,000 per kg on increased offtake by industrial units and coin makers..

Gold in New York, which normally set price trend on the domestic front here, shot up by $21.80 to $1474.40 an ounce last night.

On the domestic front, gold of 99.9 and 99.5 per cent purity rebounded by Rs 285 each to Rs 27,850 and Rs 27,650 per 10 gm, respectively. The yellow metal had lost Rs 305 in last two trading session. Sovereign followed suit and rose by Rs 100 to Rs 24,000 per piece of eight gram.

In line with a general firm trend, silver ready rose further by Rs 300 to Rs 46,000 per kg and weekly-based delivery by Rs 335 to Rs 45,200 per kg. The white metal had gained Rs 400 yesterday.

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Base Metals & Energy

Silver coins also spurted by Rs 1,000 to Rs 75,000 for buying and Rs 76,000 for selling of 100 pieces.

PAGE 1

Base Metals & Energy COPPER CRUDE OIL

D A I L Y

B U Z Z

Nickel prices moved up marginally by 0.20 per cent to Rs 843.40 per kg in futures market today as speculators enlarged their positions, tracking a firming trend overseas.

Besides, increased demand from alloy-makers in the spot markets supported the upside.

At the Multi Commodity Exchange, nickel for delivery in June gained Rs 1.70, or 0.20 per cent, to Rs 843.40 per kg in business turnover of 42 lots.

In a similar fashion, the metal for delivery in May rose by Rs 1.60, or 0.19 per cent, to Rs 836.90 per kg in 808 lots.

Globally, nickel gained 0.4 per cent to $ 15,345 a tonne at the London Metal Exchange (LME).

Crude oil futures prices rose by 0.40 per cent to Rs 5,229 per barrel today as speculators created fresh positions amid a firm trend in Asia.

At the Multi Commodity Exchange, crude oil for delivery in May gained Rs 21, or 0.40 per cent, to Rs 5,229 per barrel, with a business turnover of 12,394 lots.

The oil for the June delivery moved up by Rs 19, or 0.36 per cent, to Rs 5,257 per barrel, with a business volume of 1,721 lots.

Agro Outlook CHANA

D A I L Y

B U Z Z

DHANIYA

Cardamom prices edged higher 0.65 per cent to Rs 792.70 per kg in futures trading today as speculators enlarged positions, supported by rising demand in the spot market against tight supplies from producing belts.

At the Multi Commodity Exchange, cardamom for delivery in June gained Rs 5.10, or 0.65 per cent, to Rs 792.70 per kg in business turnover of 190 lots.

Similarly, the spice for delivery in May contracts edged up by Rs 2.10, or 0.28 per cent, to Rs 765.70 per kg in 173 lots.

Red chilli and jeera prices fell by Rs 100 per quintal in the national capital today on subdued demand from retailers and stockists amid adequate stocks.

Weakening trend in futures market also put pressure on the select spice prices.

Red chilli prices fell by Rs 100 to Rs 6,400-11,900 per quintal.

Jeera common and best quality also declined by Rs 100 each to conclude at Rs 12,500-13,000 and Rs 16,400-16,900 per quintal.

Marketmen said subdued demand from retailers and stockists against adequate stocks, mainly pulled down chilli and jeera prices on the wholesale kirana market here.

Market Statistics METALS & ENERGY COMMODITY

CLOSING PRICE

TREND

S2

PIVOT

S1

POINT

R1

R2

GOLD

26999

UP

26292

26645

26940

27293

27588

SILVER

45230

UP

43565

44397

45013

45845

46461

CRUDE OIL

5249

DOWN

5074

5162

5223

5311

5372

COPPER

410.65

DOWN

386.08

398.37

404.68

416.97

423.28

NICKEL

850.70

DOWN

795.37

823.03

836.87

864.53

878.37

NATURAL GAS

214.00

DOWN

205.53

209.77

215.03

219.27

224.53

LEAD

110.15

DOWN

106.38

108.27

110.08

111.97

113.78

ZINC

101.95

DOWN

98.85

100.40

101.45

103.00

104.05

ALLUMINIUM

102.50

DOWN

98.57

100.53

101.87

103.83

105.17

PIVOT

R1

R2

AGRO COMMODITIES COMMODITY

CLOSING PRICE

TREND

S2

S1

POINT

CHANA

3379

DOWN

3286

3333

3421

3468

3556

SOYA BEAN

36390

UP

35297

35843

36172

36718

37047

JEERA

3511

DOWN

3426

3469

3491

3534

3556

PEPPER

13057

SIDEWAYS

12555

12806

12968

13219

13381

TURMERIC

5842

UP

5339.33

5590.67

6033.33

6284.67

6727.33

RM SEED

3511

DOWN

3377

3444

3479

3546

3581

SOYA REF OIL

695.7

UP

681

688

693

700

704

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