Commodity report by ways2capital 14 oct 2014

Page 1

Web: www.ways2capital.com

|

Mail: info@ways2capital.com

|

Call: 0731-6554125


✍ NCDEX DAILY LEVELS DALLY

EXPIRY

R4

R3

R2

R1

PP

S1

S2

S3

S4

SYOREFIDR

20-NOV-14

603

598

591

587

585

581

579

573

567

SYBEANIDR

20-NOV-14

3065

3030

2978

2960

2940

2925

2890

2855

2923

RMSEED

20-NOV-14

3705

3685

3665

3650

3640

3630

3620

3605

3582

JEERAUNJHA

20-NOV-14

10840

10760 10645

10580

10540 10480 10460 10355 10240

DHANIYA

20-NOV-14

12600

12450 12300

12151

12075 12000 11850 11700 11106

CASTORSEED

20-NOV-14

4734

4650

4564

4516

4479

4430

4395

4309

4224

✍ NCDEX WEEKLY LEVELS WEEKLY

EXPIRY

R4

R3

R2

R1

PP

S1

S2

S3

S4

SYOREFIDR

20-NOV-14

633

618

603

593

588

578

573

558

543

SYBEANIDR

20-NOV-14

3132

3076

3021

2988

2966

2933

2911

2856

2800

RMSEED

20-NOV-14

3935

3775

3715

3675

3656

3617

3596

3536

3476

JEERAUNJHA

20-NOV-14

11423

11138 10853

10716

10568 10431 10283 9998

9713

DHANIYA

20-NOV-14

13470

13060 12650

12405

12240 11990 11830 11420 11012

CASTORSEED

20-NOV-14

5105

4900

4594

4500

Web: www.ways2capital.com

|

4700

Mail: info@ways2capital.com

|

4395

4300

4102

3902

Contact: 1800-3010-2007 (Toll Free)


✍ MCX DAILY LEVELS DALLY

EXPIRY

R4

R3

R2

R1

PP

S1

S2

S3

S4

ALUMINIUM

31- OCT-14 126

123

120

118

117

115

114

111

108

COPPER

28- NOV-14 430

424

418

416

412

410

406

400

394

CRUDE OIL

20-OCT-14 5737

5571

5405

5346

5239

5180

5073

4907

4741

GOLD

05-DEC-14 27565

27360

27158

27065

26955

26860

26750

26550

26340

LEAD 31-OCT-14 133 . NATURAL GAS 28-OCT-14 246

131

129

128

127

126

125

123

121

243

240

238

237

235

234

231

228

NICKEL

1047

1026

1017

1009

998

990

971

952

31-OCT-14 1066

✍ MCX WEEKLY LEVELS WEEKLY

EXPIRY

R4

R3

R2

R1

PP

S1

S2

S3

S4

ALUMINIUM

31- OCT-14 129

125

121

119

117

115

113

109

105

COPPER

28- NOV-14 440

431

422

418

413

409

404

395

386

CRUDE OIL

20-OCT-14 6653

6212

5771

5529

5330

5088

4889

4448

4007

GOLD

05-DEC-14 28111

27703

27295

27134

26887

26726

26479

26071 25663

LEAD

31-OCT-14 143

138

133

130

128

125

123

118

113

NATURAL GAS

28-OCT-14 268

258

248

242

238

232

228

218

208

NICKEL

31-OCT-14 1143

1101

1059

1032

1017

990

975

933

891

SILVER

5-DEC-14

40630

39615

39070

38600

38058

37587

36573 35559

ZINC

31-OCT-14 157

152

147

144

142

139

137

132

Web: www.ways2capital.com

41645

|

Mail: info@ways2capital.com

|

127

Contact: 1800-3010-2007 (Toll Free)


� MCX - WEEKLY NEWS LETTERS INTERNATIONAL NEWS Thursday's U.S. Work Division information indicated to a lighter perspective, with the number of individuals processing new every week statements for lack of employment advantages dropping to nearly the minimum level since before the 2007-09 economic downturn. China was also buying more oil, with a device of state-owned Petro China taking the comparative of 17 cargoes of 500,000 drums each of Center Southern bitter raw over just six dealing days this month Alcoa Inc has reduced its calculate for the international metal market lack this season due to smelter reboots in China suppliers, the world's No. 1 manufacturer. The U.S. metal manufacturer desires requirement to outpace provide by 671,000 tonnes this season, down from a past calculate of 930,000 tonnes . Aluminum Price which increased 27 percent in the first seven months of the season to an 18month optimum have persuaded some China smelters to give up manufacturing cost reduction programs and are seen resulting in reboots of other vegetation, cracking away at what was predicted to be the first international lack after years of oversupply.

PRECIOUS METALS Silver Price dropped by 0.2 % taken clues from gold Prices. Strength in the dollar index also served as a negative factor. On the MCX, Silver Price increased by 1.04 % and shut at Rs.38615/kg Gold Price increased to a two week high on Friday as safe home buying increased after U.S. stocks tumbled on issues over the speed of financial development. Minutes of the latest U.S. Federal Reserve policy meeting persuaded investors to rebel their objectives for the moment of a Fed interest rate rise. Slouching German export and gradual industrial outcome there also stimulated issues over the speed of financial development. On the MCX, gold Price increased by around 0.8 % and closed at Rs.26958/10 gms.

BASE METAL Base Metals on the LME exchanged higher last night due to weak point in the DX in the earlier part of trade that improved the appeal of industrial materials as alternative investment strategies.

Web: www.ways2capital.com

|

Mail: info@ways2capital.com

|

Contact: 1800-3010-2007 (Toll Free)


In the indian market, base metals on a mixed note and Rupee admiration assigned distinct benefits. LME copper gained by 0.9 % on Friday after U.S. central bank regulators signaled they would not hurry to boost attention levels, increasing a interval of cheap capital for industry and traders. Peru, a top world exporter of copper, precious metal, published a 1.65 % financial development in the second one fourth from the same interval in 2013 - the worst reading since the third one fourth of 2009. However, symptoms that Malaysia is seeing a recession driven serious concerns about demand for the steel. Also, gain in LME stocks by 0.2 % served as a negative factor. The red steel shut at $6702/tonne in the last interval. In indian market Copper Price increased by 0.2 % but distinct benefits were limited due to Rupee admiration and closed at Rs.413/kg in the last session

ENERGY U.S.Natural gas dropped by 0.7 % on Thursday as predictions for poor heating requirement over the next two weeks balanced out a slightly smaller-than-expected storage space develop. The U.S. Energy Information Administration said resources added 105 billion dollars cubic feet of gas into storage space a couple weeks ago that was also less the 112-bcf develop in the previous 7 days. WTI Crude Oil Price dropped by around 1.8 % as Europe's difficult outlook and rising oil stocks destroyed power marketplaces. Concerns about world financial systems sent U.S. and other stock marketplaces lower, reversing a move from a day ago stimulated by the Federal Reserve's caution about raising interest levels soon. Data showed Europe's No. 1 economy Germany , in Aug experienced its largest plunge in exports since the height of the economic crisis. In China, a Reuter’s study prediction that soft domestic requirement probably bogged down imports, investment and retail sales to multimonth or multi-year lows in Sept. On the MCX,Crude oil Price dropped by 2.2 % taking hints from poor international marketplaces and closed at Rs.5264/bbl.

Web: www.ways2capital.com

|

Mail: info@ways2capital.com

|

Contact: 1800-3010-2007 (Toll Free)


LME INVENTORY 01-10-2014 Last updated at OCT 10 01:30 pm IST

Metal

Change from previous day

Aluminium

-9550

Copper

-250

Lead

-250

Nickel

1986

Tin

-20

Zinc

-2850

� NCDEX - WEEKLY NEWS LETTERS SOYABEAN / REFI. SOYA Soyabean’s new crops with high quality have been revealed in mandis in MP. This improved appearance stress could keep stress on the overall sentiments, as Worldwide markets trade back and forth. Improved manufacturing leads among lack of demand are keeping prices down. As per 1st Advance Reviews for 2014-15 launched by Government of Indian, complete manufacturing of kharif Oilseeds is expected to fall to 19.66 thousand plenty, down 2.75 thousand plenty from 2013-14 Kharif season. Due to decrease in place and efficiency in Gujarat, complete manufacturing of Groundnut has experienced and dropped to 5.02 thousand loads as in comparison to its record manufacturing of 7.81 thousand loads during 2013-14. Manufacture of Soy bean approximated at 11.82 thousand loads is also partially lower than last season. Farmers across the world may harvest 310.8 thousand plenty of soy beans in 2014-15 from 285.2 thousand plenty the season before, according to Oil World. The perspective was raised from 306.7 thousand plenty last month. U.S. soybean manufacturing is seen rising to 106.5 thousand plenty from 92.1 thousand plenty, while household finishing stocks are expected to go up to 12 thousand plenty by end of Aug 2015 from 3.4 thousand plenty the season before.

Web: www.ways2capital.com

|

Mail: info@ways2capital.com

|

Contact: 1800-3010-2007 (Toll Free)


India's soymeal exports in Aug dropped to 2,778 loads in contrast to 183,965 loads a season ago. As per the latest Kharif planting study report launched by Secretary of state for Agri-culture, the complete planted place as on 5th Sept, as per reports obtained from States, appears at 986.59 lakh hectare as in comparison to 1020.78 lakh hectare at this time last season, which is a significant improvement due to stable rainfalls in most straps. The oilseeds place has improved to 173.43 lakh ha in comparison to 188.93 lakh ha of last season. India's soybean plants place was standing at 109.64 lakh hectares against 121.72 lakh hectares last season. As per Solution Extractors’ Organization of Indian the complete trade of oilmeals during AprilJuly 2014 is at 721,577 plenty in comparison to 1,038,819 plenty i.e. down by 31%. In This summer 2014 trade of oilmeals was standing at 115,094 plenty com-pared to 182,133 plenty in This summer 2013 i.e. down by 37%. Export of soybean food reduced in last 3 months due to heavy cost of soybean in local industry lead to complete difference for soybean food in international industry.

RAPE/MUSTARD SEED RM Seed as lack of powerful requirement kept pressure on the price. Festive year requirement for Oil kept assisting the price however. An predicted development of planting area for the new plants is avoiding any powerful development of rates. Sowing will start in Rajasthan and Haryana based on the weather. Farm owners are interested in planting of RMseed as they are allegedly getting greater price As per first Advance Reports for 2014-15 released by Division of Farming & Collaboration, total manufacturing of kharif Oilseeds is predicted to decrease to 19.66 thousand plenty, down 2.75 thousand plenty from 2013-14 Kharif year. As per Solution Extractors’ Associa-tion of Indian (SEA) data bank, the imports of Sexual assault oil are continuously increasing and have significantly improved by more than 11 times from 7,943 MT to 103,003 MT. Though oilmeal exports decreased for the third successive month due to development of soy bean costs, but the rapeseed meal has improved 53 per cent to 408,410 loads from 267,461 loads in last four months. Global manufacturing of rapeseed and canola will decrease to 68.7 thousand plenty from 69.7 thousand plenty as. The collect in North america, the top export-er, is predicted to decrease 20 percent from the prior year to 14.4 thousand plenty. EU outcome will reach a history 23.54 thousand plenty from 21.25 thousand plenty the year before amongst increasing bounty in Malaysia, Italy, Belgium and the U.K. Rape-seed costs in EU decreased due to spillover weak point from soy beans. Romania’s rape seeds plants this year is the best in the last 34 years. The development achieved 1.1 thousand plenty, almost double in comparison to last year. The previous history was in 2010, when manufacturing destroyed 943,000 plenty. In 2013, the rape seeds manufacturing Web: www.ways2capital.com

|

Mail: info@ways2capital.com

|

Contact: 1800-3010-2007 (Toll Free)


was 647,811 plenty. The history manufacturing was due to larger areas harvested with rape seeds, 423,000 hectares in comparison to 284,000 hectares in 2013, but also due to greater shows per hectare, 2.6 plenty this year, com-pared to 2.2 plenty in 2013.

CHANA Chana in the Spot and the Futures trading market at positive way due to Reduced routes in mandis amidst regular Joyful season demand . With prices at very low stages, traders anticipate some more restoration in the near phrase even as greater stocks may restrict the uptrend to some extent. Leads of an enhanced sowing for Chana in the arriving several weeks due to favorable climate in the growing states kept the uptrend restricted. Festive season requirement has started rising. However, greater shares and improved routes of Kharif Impulses in mandis condensed the costs. Reports of promoting of shares by NAFED in Rajasthan too prevented any powerful uptrend. The household requirement has increased in the mandis but the psychological resistance stages of 3000 shown to be too powerful for the marketplaces to break so far. Apart from these aspects, repeated efforts by the Government to keep tab on hoarders—mainly for important Food items are also maintaining the uptrend limited. As per newest reviews of planting of kharif plants as on 26th Sept, kharif planting place was standing at 1019.26 lakh hectare. It is revealed that pulses has been planted in 101.05 lakh ha vs 108.13 lakh ha same time last season. As per 1st Innovative plants estimates for 2014-15 by Government of Indian, Indian is likely to generate Kharif Foodgrains of 120.27 thousand loads, which is down by 8.97 thousand loads from the history 129.24 thousand tonnes achieved in Kharif 2013-14. Decline in place under Tur and Moong has also impacted manufacturing of Kharif Pulses which is approximated at 5.20 million loads as against their production of 6.02 thousand tonnes during Kharif 2013-14. Tur production estimated at 2.74 thousand tonnes and Urad at 1.15 thousand tonne

Jeera Higher routes avoided any further restoration in price even as enhanced requirement in mandis too reinforced the costs. All eyes would be on the planting of the new plants planned to begin after Diwali. An predicted choose up in planting place could avoid too powerful restoration for the product. Down pours seen few weeks back in Gujarat and Rajasthan have im-proved wetness material of the ground and this can have a valuable effect on the planting of new plants starting Oct.

Web: www.ways2capital.com

|

Mail: info@ways2capital.com

|

Contact: 1800-3010-2007 (Toll Free)


With planting of new plants to begin in Oct, rains would be valuable for the plants planting as that increas-es the wetness material. So weath-er in Gujarat and Rajasthan re-mains crucial. Effect of Money vs Re would be important in method term when exports choose up. But until that hap-pens some more falls not decided out High quality routes have assured Jeera rates are getting top quality w.r.t. Worldwide marketplaces. Low shares in international business and governmental anxiety in Poultry and Syria have forced business requirement to Indian. Indian will stay the primary export-er for this product as of now. Jeera manufacturing in Indian is ex-pected to increase to 6.5-7 thousand purses of 55 kg each in 2014, from 4.5-5 million purses the season before, due to an extended place under farming and beneficial varying climate circumstances. As per Spices or herbs Board of Indian statis-tics, Indian released 96,500 tonne of cumin seeds or Jeera during April-December 2013, up from 50,944 tonne released in similar period, past season.

Web: www.ways2capital.com

|

Mail: info@ways2capital.com

|

Contact: 1800-3010-2007 (Toll Free)


This Document has been prepared by Ways2Capital (A Division of High Brow Market Research Investment Advisory Pvt Ltd). The information, analysis and estimates contained herein are based on Ways2Capital Equity/Commodities Research assessment and have been obtained from sources believed to be reliable. This document is meant for the use of the intended recipient only. This document, at best, represents Ways2Capital Equity/Commodities Research opinion and is meant for general information only. Ways2Capital Equity/Commodities Research, its directors, officers or employees shall not in any way to be responsible for the contents stated herein. Ways2Capital Equity/Commodities Research expressly disclaims any and all liabilities that may arise from information, errors or omissions in this connection. This document is not to be considered as an offer to sell or a solicitation to buy any securities or commodities. All information, levels & recommendations provided above are given on the basis of technical & fundamental research done by the panel of expert of Ways2Capital but we do not accept any liability for errors of opinion. People surfing through the website have right to opt the product services of their own choices. Any investment in commodity market bears risk, company will not be liable for any loss done on these recommendations. These levels do not necessarily indicate future price moment. Company holds the right to alter the information without any further notice. Any browsing through website means acceptance of disclaimer.

Web: www.ways2capital.com

|

Mail: info@ways2capital.com

|

Contact: 1800-3010-2007 (Toll Free)


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.