✍ NCDEX DAILY LEVELS
✍ NCDEX DAILY LEVELS DALLY
EXPIRY
R4
R3
R2
R1
PP
S1
S2
S3
S4
SYOREFIDR
20 APR 15 617
610
602
599
595
591
588
581
573
SYBEANIDR
20 APR 15 3459
3459
3405
3392
3378
3365
3351
3324
3297
RMSEED
20 APR 15 3497
3458
3419
3405
3380
3366
3341
3302
3263
JEERAUNJHA
20 MAR 15 15833
15413 14993
14746
14573 14326 14153 13733 13313
CHANA
20 APR 15 3785
3752
3719
3701
3686
3668
3653
3620
3587
CASTORSEED
20 MAR 15 3917
3841
3765
3728
3689
3652
3613
3537
3461
✍ NCDEX WEEKLY
LEVELS
WEEKLY
EXPIRY
R4
R3
R2
R1
PP
S1
S2
S3
S4
SYOREFIDR
20 APR 15
625
615
605
600
595
590
585
575
565
SYBEANIDR
20 APR 15
3561
3503
3445
3412
3387
3354
3329
3271
3213
RMSEED
20 APR 15
3625
3541
3457
3424
3373
3340
3289
3205
3121
JEERAUNJHA
20 MAR 15 15833
15413 14993
14746
14573 14326 14153 13733 13313
CHANA
20 APR 15
4029
3912
3795
3739
3678
3622
3561
3444
3327
CASTORSEED
20 MAR15
4265
4061
3857
3774
3653
3570
3449
3245
3041
✍ MCX
DAILY LEVELS
ALUMINIUM
31 MAR 15 115
114.05
113.15
112.80
112.25
111.90
111.35
110.45
109.55
COPPER
30 APR 15 379
376
373
372
370
369
367
364
361
CRUDE OIL
19 MAR15 3162
3127
3092
3079
3057
3044
3022
2987
2952
GOLD
03APR 15
27699
27250
26801
26639
26352
26190
25903
25454
25005
LEAD
31 MAR 15 110.65
109.60
108.55
108.15
107.50
107.10
106.45
105.40
104.35
NATURAL GAS 26 MAR 15 175
172
170
169
168
166
165
163
161
NICKEL
31 MAR 15 900
891
881
877
872
868
862
853
843
SILVER
05 MAR 15 38512
37858
37204
36970
36550
36316
35896
35242
34588
ZINC
31 MAR15 131.80
130.35
128.90
128.35
127.45
126.90
126.00
124.55
123.10
✍ MCX
WEEKLY
LEVELS
WEEKLY
EXPIRY
R4
R3
R2
R1
PP
S1
S2
S3
S4
ALUMINIUM
31 MAR 15 119
116
114
113
111
110
109
106
104
COPPER
30 APR 15
403
384
378
365
359
346
327
308
CRUDE OIL
19 MAR15 3879
3625
3371
3218
3117
2964
2863
2609
2355
GOLD
03APR 15
27435
26875
26676
26315
26116
25755
25195 24635
LEAD
31 MAR 15 119
116
112
109
108
106
104
100
96
NATURAL GAS 26 MAR 15 241
218
196
182
174
160
152
130
108
NICKEL
31 MAR 15 986
950
914
894
878
858
842
806
770
SILVER
05 MAR 15 40545
39207
37869
37302
36531
35964
35193
33855 32517
ZINC
31 MAR15 137
134
130
129
127
126
124
121
422
27995
118
� MCX - WEEKLY NEWS LETTERS Aluminium up by 0.2% on high demand Aluminium futures edged higher by 0.23% to Rs 111 per kg on Tuesday after speculators enlarged positions amid pick-up in demand at spot markets. Furthermore, a firming trend in metal at the London Metal Exchange (LME) on fall in its inventories supported the upside. At the Multi Commodity Exchange, aluminium for delivery in February rose 25 paise, or 0.23%, to Rs 111 per kg, with a business turnover of 184 lots. The metal for delivery in March also gained 20 paise, or 0.18%, to trade at Rs 111.95 per kg in a turnover of 13 lots. Firm trend in the metal at spot markets on increased demand from consuming industries and firming trend at the LME influenced aluminium prices at futures trade here. In the international market, aluminium rose as much as 0.5%, the first gain in four days at the LME after inventories of the metal tracked by the exchange showed it had fallen to the lowest since May 2009.
Crude oil Crude oil held its mercurial nature in the past week as well while internal factors pressed very high divergence amongst the two major international benchmarks, the ICE Brent and the NYMEX WTI. As of weekly closing, WTI Apr contract was lower by 2% to $49.75 per barrel while the Brent crude for same monthĂ´s settlement advanced around 3.9% to $62.60 per barrel. The divergence between the two oils was mainly due to comments from OPEC members which called for gradual increase in oil demand while in the US crude mixed cues over economy and negative weekly inventory report hurt. Silver futures up by 0.5% on global cues Tracking a rising trend in global markets, silver futures prices on 24-02-15 rose by Rs 184 to Rs 36,383 per kg as speculators built fresh positions amid covering-up of short positions. At the Multi Commodity Exchange, silver for delivery in March traded higher by Rs 184, or 0.51%, to Rs 36,383 per kg in business turnover of 518 lots. On similar lines, the white metal for delivery in far-month May traded Rs 179, or 0.49%, higher at Rs 36,735 per kg in a turnover of 31 lots. In the international market, silver traded 0.3% higher at $16.38 an ounce in Singapore, extending Monday's 0.6% gains. It can be said, besides covering up of short positions by speculators, a firming trend in the precious metals in the global market, supported the upside in silver futures here.
Gold Gold advanced at Comex while locally gains came on Saturday as government refrained from cutting down the import duty from current 10% levels. Unexpectedly the finance minister left the import tax on the metal unchanged against broad expectations of a cut in the range if 2-4%. Looking at cues from international markets, gold had a mixed week with FED comments supporting along with Chinese cues. In the coming week, one of the major cues over economic side which can drive good volatility in Bullion would be the important employment indicators from the US. The Non-Farm payrolls data for which markets forecasts stand for a reading around 235,000-245,000 monthly Job addition. This is the near the average reading for 2014 while moderately lower than 257,000 added in Jan. If we get a reading in the aforementioned range, other than intraday volatility which the data tends to drive, we believe it would largely be seen on positive footing supporting the bullish case for US Dollar and equities while act negatively for Gold. Though demand from China which saw decent increase in last week may support moderately, overall the commodity is likely to extend its bearish move. Also from India, the import duty staying higher could act moderately negative over consumption and further add weight on the commodity. We recommend selling the commodity on higher levels in next week. Natural Gas Natural Gas had a heavy fall in the past week a the commodity skid over 8% in NYMEX markets to close near the $2.73 per MMBTU mark at NYMEX for April expiry NYMEX NG Mar expiry contact at MCX was further lower by 9.7% to Rs 167 per MMBTU as locally Rupee movement too hurt the commodity NCDEX - WEEKLY NEWS LETTERS The National Commodity and Derivatives Exchange (NCDEX) has appointed Pune-based Grassroots, a strategic consulting firm, to conduct a survey on the expectations of customers. Officials from Grassroots have already started meeting participants of the exchange, members, etc, in this regard. A report based on the survey is expected in the next couple of months. 帽As India么s largest pool of liquidity in agricultural commodities, our customers depend upon us for a host of value-added services in warehousing, grading and assaying, commodity finance, collateral management and e-registry. Every day, it么s our job to make every important aspect of customer experience a little bit better. The annual customer service survey helps us with insights on evolving customer expectations and the need to identify focused action areas so that we continue to stay closely aligned to their business,貌 said an NCDEX spokesperson.
This will be second such survey by the exchange. The survey carried out last year showed customers sought an improvement in warehousing-related and technology issues. NCDEX has been able to maintain its market share in the futures segment, though it has largely remained agro centric. It has introduced a few innovative contracts in the gold category but hasn't not able to improve its share in this segment. According to a member of the exchange surveyed by Grassroots, NCDEX hasn't been able to avail of the opportunity thrown up by regulatory restrictions on rival Multi Commodity Exchange till July last year. The exchange's spokesperson clarified the survey wasn't aimed at increasing market share but understanding customer needs better. Of late, NCDEX has taken a slew of initiatives, including the launch of forward trading in several commodities. Recently, it chose MillenniumIT's multi-asset and ultra-low latency trading solution, Millennium Exchange, for its matching engine technology and Millennium Surveillance to detect abnormal trading behaviour and promote integrity in its spot and derivatives segments. Both products, based on MillenniumIT's Millennium Advanced Platform, seek to support the firm's trading operations and ensure it meets the market's regulatory requirements.
Refined soya oil up 0.2% on pick-up in demand Refined soya oil prices on tuesday rose 0.20% to Rs 592 per 10 kg in futures trade today on rising demand in the spot market. At the National Commodity and Derivatives Exchange, refined soya oil for delivery in April edged up by Rs 1.20, or 0.20%, to Rs 592 per 10 kg with an open interest of 1,03,270 lots. Likewise, the oil for delivery in May traded higher by Re one, or 0.18%, to Rs 570.65 per 10 kg in 90,490 lots. Besides pick-up in demand in spot market, restricted supplies from producing belts mainly led to the rise in refined soya oil prices at futures trade.
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