✍ NCDEX DAILY LEVELS DALLY
EXPIRY
R4
R3
R2
R1
PP
S1
S2
S3
S4
SYOREFIDR
20 APR 15
613
603
593
587
583
577
573
563
553
SYBEANIDR
20 APR 15
3420
3399
3374
3363
3349
3338
3324
3299
3274
RMSEED
20 APR 15
3484
3450
3420
3400
3385
3365
3350
3320
3285
JEERAUNJHA
20 MAR 15
15975
15515
15060
14875
14605 14420 14155 13695
13245
CHANA
20 APR 15
3770
3735
3705
3690
3675
3660
3640
3610
3575
CASTORSEED
20 MAR 15
3880
3800
3720
3675
3640
3595
3560
3480
3400
✍ NCDEX WEEKLY LEVELS WEEKLY
EXPIRY
R4
R3
R2
R1
PP
S1
S2
S3
S4
SYOREFIDR
20 APR 15
667
641
615
598
589
575
563
537
511
SYBEANIDR
20 APR 15
3690
3585
3480
3416
3375
3311
3270
3165
3060
RMSEED
20 APR 15
3672
3580
3488
3435
3396
3343
3304
3212
3120
JEERAUNJHA
20 MAR 15
18325
17165
16000
15345
14845 14185 13,685 12,525
11365
CHANA
20 APR 15
3967
3873
3779
3728
3685
3634
3591
3497
3403
CASTORSEED
20 MAR15
4060
3926
3926
3712
3680
3578
3524
3390
3256
✍ MCX DAILY LEVELS DALLY
EXPIRY
R4
R3
R2
R1
PP
S1
S2
S3
S4
ALUMINIUM
31 MAR 15 119.00
118.40
115.40
113.40
112.50
111.90
110.90
109.20
108.00
COPPER
30 APR 15 381.20
377.50
373.50
371.50
370.00
367.00
36600
362.00
358.50
CRUDE OIL
19 MAR15
3506
3412
3318
3264
3224
3170
3130
3036
2942
GOLD
03APR 15
27088
26896
26704
26589
26512
26397
26320
26128
25936
LEAD
31 MAR 15 121.50
118.50
115.50
114.30
112.50
111.25
109.50
106.50
103.50
NATURAL GAS 26 MAR 15 193.80
187.80
181.80
178.80
175.80
171.80
169.80
163.80
157.80
NICKEL
31 MAR 15 944.30
923.30
902.30
894.65
881.30
873.65
860.30
839.30
818.35
SILVER
05 MAY 15 37395
37045
36695
36485
36345
36135
35990
35640
35290
ZINC
31 MAR15 129.70
128.60
127.50
126.80
126.30
125.60
125.60
124.00
122.80
S1
S2
S3
✍ MCX WEEKLY LEVELS WEEKLY
EXPIRY
R4
R3
R2
R1
PP
S4
ALUMINIUM
31 MAR 15 119.60
117.15
114.70
113.55
112.25
111.10
109.80 107.35
104.90
COPPER
30 APR 15
402.30
391.30
381.30
374.65
369.35 363.65
358.35 347.35
336.35
CRUDE OIL
19 MAR15
3893
3654
3415
3312
3176
3073
3073
2698
2459
GOLD
03APR 15
27700
27514
27314
26701
26542
26315
26156
25770
25384
LEAD
31 MAR 15 129.40
123.45
117.50
115.25
111.55 109.30
105.60
99.65
93.70
NATURAL GAS
26 MAR 15 212.85
199.75
186.65
182.10
173.55 169.00
160.45 147.35
134.25
NICKEL
31 MAR 15
995
955
915
901
875
861.00
835
795
755
SILVER
05 MAY 15
39498
38516
37534
36907
36,552
35925
35570
34588
33606
ALUMINIUM
31 MAR 15 119.60
117.15
114.70
113.55
112.25
111.10
109.80 107.35
104.90
✍ MCX - WEEKLY NEWS LETTERS ✍ INTERNATIONAL NEWS
US unemployed data dropped to a more than six-and-a-half-year low in Feb.
ECB to purchase €60 billion dollars as part of QE program nowadays. Japan’s economic system improved 0.4 % in it all one fourth.
QE in European reinforced benefits in the dollar. The currency moved a every week high of 97.76 and closed at 97.6 on Saturday.
1.
US Non-Farm Employment Change for the 30 days of Feb came out to be positive as compared to its previous month’s launch. The unemployment data declined to 5.5% for the 30 days of Feb reduced as against 5.7% for the 30 days of Jan.
The Indian Rupee decreased by 1.3 percent last week due to strength in the DX. Also, state-owned financial institutions purchased the US forex, likely on part of the Source Financial institution RBI as the central bank desired to prevent the rupee from increasing considerably. The US Dollar Catalog (DX) hopped by 2.4 % last week as effective information improved objectives of amount increase a few months ago. However, India's services industry extended outcome to range an eight-month high in Feb, led by a increase in new purchases on enhancing household demand limited distinct fall. The RBI reduced its policy repo rate by 25 basis points to 7.5 %, its second inter-meeting reduce this year on the back of reducing increasing prices and a govt dedication to financial self-discipline. The currency moved a every week low of 62.452 and closed at 62.45 on Saturday.
✍ PRECIOUS METAL Gold price exchanged lower for most of the a couple weeks ago on good financial information from the US. Data on Wed revealed U.S. personal companies included 212,000 tasks in Feb, while January's personal payrolls were improved up-wards to 250,000. Holdings in SPDR Gold Believe in, the world's greatest gold-backed exchange-traded finance, dropped 0.35 % to 760.80 loads on Wednesday. That followed a near 8-tonne fall on Thursday, the greatest output this year.
Seven of the Fed's 17 members have said they at least want the option of a rate development of July on the desk, or have forced in common for an previously increase in the anticipations that salaries and rising prices will turn higher. On the MCX, Gold price dropped by 0.82 % a couple weeks ago and shut at Rs.26012/10 gms.
� SILVER Silver price in the worldwide marketplaces traded reduced and dropped heavily at the end of the 7 days. Strength in the dollar index on account of excellent financial information from the US applied downside pressure. Spot silver price in the worldwide marketplaces rose by 4.46 % and shut at $15.86/oz. On the MCX, silver price dropped by 1.16 % and shut at Rs.35972/kg. On the MCX, precious metals price will business reduced taking hints from weak worldwide marketplaces.
� ENERGY Oil price interchanged reduced several weeks ago with NYMEX WTI dropping extremely on benefit booking at greater levels although the major details and developments were valuable for oil markets OPEC member Iran forced that it in comparison a routine for a secure up on nuclear activities, details that helped raw restoration from an early slide connected with swelling U.S. stockpiles. Comments from Saudi Arabia's oil reverend that price ought to enhance from the sell off of latest months also helped put a floor under costs. Encouragement from the Govt Reserve's Well done Evaluation anticipating decreases in investment costs for oil and gas producers in certain U.S. areas. Lower oil finding costs could mean less supply in the future. Higher price required by Saudi on its customers in Asia, the U. s. States and northern western Europe was another valuable growth. Last 7 days, WTI oil price in the globally market segments decreased by 0.3 % and closed at
$49.61/bbl. On the MCX, raw costs improved by 3.43 % and closed at Rs.3138/bbl.
� OIL RIGS IN THE US LOWEST SINCE 2011 The number of rigs drilling for oil in the United States fell by 64 this week to 922, the smallest number of rigs in operation since April 2011, Baker Hughes said in its weekly survey. It was a sign U.S. shale oil producers, who had flooded the market with crude supplies, had again stepped up on winding down output after last week's rig drop of 33, which was the least since the start of 2015. (Reuters) On the MCX, oil prices are expected to trade sideways taking cues from international markets
� BASE METAL Base materials on the LME except Dime and Lead exchanged lower a couple weeks ago as strong jobs information launched from the US raised amount increase objectives. While on the other hand, amount cut by Chinese suppliers to boost development in the flagging economic system will be helpful. In the Indian markets, base materials higher in line with international styles. Copper down by 2.8 % a couple weeks ago as China's Leading Li Keqiang saying that the world's second-largest economic system would target development this year of around 7 %, signaling the smallest development for a quarter of a century.Also, strength in the DX after effective employment information from the US applied disadvantage pressure on costs. MCX copper price dropped by 0.9 % and closed at Rs.366/kg on Saturday but Rupee devaluation limited sharp fall. We expect Copper prices to trade lower as the US jobless rate fell to a more than six-and-a-half-year low, which could encourage the Federal Reserve to consider raising interest rates in June. Also, top officials in China highlighted the growth and debt challenges the country faces in 2015. On the MCX, copper prices are expected to trade sideways owing to Rupee depreciation.
LME Inventory
Metal
Change from previous day
Aluminium
4350
Copper
3000
Lead
175
Nickel
-96
Tin
-20
Zinc
-3325
NCDEX - WEEKLY NEWS LETTERS � JEERA Jeera futures closed higher by 1.34 % in last dealing period on excellent purchasing assistance by the industry members after fall in two past dealing classes. Further increase in cost is assigned due to provide stress in identify industry from the new year plants. There are reviews of plants harm of the new year plants due to unseasonal down pours in Gujarat and Rajasthan. Export purchases are redirected to Indian due to Geo-political stress in Syria and Poultry. .Jeera (cumin) exports have been 87,500 loads in the first six months (Apr-Sep) of 2014-15, a increase of 25% from the corresponding period of the past (Source: Spices or herbs Board) According to Gujarat govt information launched on Nineteenth Jan 15, Jeera documented 2.64 lakh hac, 42% less planting in comparison to last year’s 4.54 lakh hac. The provides of Jeera predicted to development of the next 30 days due to appearance of new year plants. Jeera futures dealing may business on combined to beneficial observe, as there is excellent requirement from exporters as well as suppliers and suppliers at industry costs on expectation of smaller routes in coming 30 days on expectation of lower manufacturing. However, appearance stress may cap the cost increase.
✍ CHANA NCDEX Chana Apr. futures trading closed higher on Friday by 0.16% on buying support at affordable price . Low household requirement assigned further increase in cost. Latest unseasonal down pours in increasing places might have affected the manufacturing and increasing of plants. As per the Government information, Chana has planted over 85.91 lakh hectares, which is 16 % less as on Feb 13, 2015 as in comparison to last year’s 102.25 lakh hac. Whereas, place protection under complete Impulses is at 145.92 lakh hectares while the last year’s planting place protection was 162.21 lakh hectares Chana futures expected to trade mixed note in the coming days due to low supplies as new crop likely to hit the local markets. Overall sentiments look positive for Chana amid expected lower output and duty-free imports allowed till Mar 2015
✍ SOYABEAN NCDEX Soy bean Apr futures trading closed 0.59% decline on Friday on reduced household requirement amongst no trade requirement for the oil food and oil.India's oil food exports is expected to drop about 40 % in 2014/15 due to reduced requirement for soymeal as key customers like Iran and Asia change to less expensive provides from South America. In Jan 2015, Soymeal exports dropped by more than 71 % to 104,426 loads against 364,443 loads in the same 30 days a year ago. U.S. soy beans dropped more than 1 percent in a technological sell-off stimulated by a dissipating truck drivers attack in South america. International soybean manufacturing was brought up 700,000 plenty to a history 315.1 thousand. Leads for the Argentina soybean plants have enhanced with adequate wetness and light temperature ranges, and the plants is estimated at a history 56 thousand plenty. Soybean exports for 2014-15 are estimated at 1.790 billion dollars bushels, up 20 thousand bushels. Soy bean finishing shares are estimated at 385 thousand bushels, down 25 thousand from last 30 days. Soybean futures trading may trade on a combined note on gradual requirement for oil and oil food exports but good buying support at affordable costs might maintain the costs.
✍ REFINED SOYA OIL Ref soy oil Apr futures trading closed 0.02% higher on Saturday.There is reduced demand and adequate supply in the spot marketplaces. Soybean oil Transfer has shown 131% growth in Jan 15 as in comparison to Dec 14. In the month of Jan 15, there is an improve of 28 % import of Raw soy bean oil to 224,430 loads as in comparison to last year’s 174,236 loads.It is mainly due to high costs of soy bean and smaller understanding for oil and soy bean meal in trade market, led to reduced smashing and accessibility to household oil along with expected improve in import responsibility by the GOI. soy bean oil in Indian is likely to be at around 3.45 thousand plenty against 3.30 thousand plenty last year. The traditions responsibility on oil has been improved to 7.5 % from 2.5 % earlier, while the responsibility on refined delicious oil has been brought up to 15 % from 10 %, as per the notice from the Central Board of Excise and Customs.
✍ RM SEED Mustard seeds futures trading closed 0.29 % reduced last trading period on technological promoting at higher costs as new plants is going to hit the marketplaces in 2-3 weeks times. There is an anticipations of fall in manufacturing for new year plants. Reviews on important plants failures due to latest unseasonal down pours in Northern Indian might have assigned the further fall. Indian rapeseed manufacturing is estimated at 6.9 thousand plenty, down 6.5 lakh plenty on reduced area. The property in the nation so far is down by about 3.2% at about 63.8 lakh hectares (lh). India’s village ministry has suggested to cut the 30 % transfer responsibility on oilseeds in the Price range to help local refiners make use of unutilized potential. Global rapeseed manufacturing is estimated at a history 71.94 thousand plenty, up 1.2 thousand mainly on improved manufacturing for Northern america (15.6 thousand tons). Reviews of Bug attack in European countries may lead to fall in outcome to a three-year low of 20.5 thousand measurement plenty in 2015, down from a history 24 thousand last year.
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