I Prateekj16
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. -
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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