I Prateekj16 18july

RESEARCH VIA

DAILY COMMODITY REPORT

2827.05.2013

Precious Metals
G

SILVER

GOLD

D A I L Y

B U Z Z

Gold prices on Friday extended losses for the third straight session by losing Rs 50 to Rs 26,950 per 10 grams on slackened demand at prevailing higher levels amid a weak global trend. However, silver found some buying support from industrial units and recovered by Rs 100 to Rs 44,100 per kg. Gold in London, which normally sets the price trend on the domestic front, lost 0.1 percent to USD 1,389.43 an ounce. On the domestic front, gold of 99.9 and 99.5 percent purity shed another by Rs 50 each to Rs 26,950 and Rs 26,750 per 10 grams, respectively. It had lost Rs 50 in last two day. Sovereigns held steady at Rs 23,700 per piece of eight grams. On the other hand, mcx silver ready recovered by Rs 100 to Rs 44,100 per kg and weeklybased delivery by Rs 155 to Rs 43,325 per kg. The white metal had lost Rs 300 yesterday. Although, silver coins remained stable at 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

Lead prices drifted by 1.53 per cent to Rs 112.60 per kg in futures trading today due to sluggish demand from battery-maker in the spot market amid a weak global trend. At the Multi Commodity exchange, lead for delivery in May declined Rs 1.75, or 1.53 per cent, to Rs 112.60 per kg in business turnover of 1,380 lots.
Tracking a weak global trend on demand concerns, copper prices fell by 1.32 per cent to Rs 411.35 per kg in futures trade today as speculators offloaded their positions. At the Multi Commodity Exchange, copper for delivery in June fell Rs 5.50, or 1.32 per cent, to Rs 411.35 per kg in business turnover of 3,152 lots. Similarly, the metal for delivery in August traded lower by Rs 5.40, or 1.28 per cent, to Rs 416.30 per kg in 251 lots.

PAGE 2

Agro Outlook
CHANA DHANIYA

DHANIYA

D A I L Y

B U Z Z

Jeera prices rose by 0.44 per cent to Rs 13,260 per quintal in futures market today as speculators enlarged their positions, supported by export demand in the spot market. At the National Commodity and Derivatives Exchange , jeera for delivery in June rose by Rs 57.50, or 0.44 per cent, to Rs 13,260 per quintal, with an open interest of 11,619 lots. Similarly, the spice for delivery in July moved up by Rs 57.50, or 0.43 per cent, to Rs 13,460 per quintal in 6,741 lots. Turmeric prices gained 0.62 per cent to Rs 6,134 per quintal in futures trade today as speculators enlarged their positions, triggered by fall in supplies. At the National Commodity and Derivatives Exchange, turmeric for delivery in July gained Rs 38, or 0.62 per cent, to Rs 6,134 per quintal with an open interest of 12,195 lots. Similarly, the spice for delivery in June edged up by Rs 36, or 0.60 per cent, to Rs 6,032 per quintal in 23,855 lots.

Market Statistics
M ETALS & ENERGY
COMMODITY CLOSING PRICE TREND S2 S1 PIVOT POINT R1 R2

GOLD SILVER CRUDE OIL COPPER NICKEL NATURAL GAS LEAD ZINC ALLUMINIUM
COMMODITY

26421 43490 5270 408.05 823.00 236.10 115.60 102.05 101.15

UP UP DOWN DOWN UP UP UP UP UP
TREND

26116 42787 5179 403.75 815.13 232.43 112.47 100.88 100.32

26268 43138 5225 405.90 819.07 234.27 114.03 101.47 100.73

26403 43402 5249 407.80 824.73 236.63 114.87 101.98 101.42

PIVOT POINT

26555 43753 5295 409.95 828.67 238.47 116.43 102.57 101.83

26690 44017 5319 411.85 834.33 240.83 117.27 103.08 102.52

CLOSING PRICE

S2

S1

R1

R2

CHANA JEERA RM SEED SOYA REF OIL SOYBEAN TURMERIC

3296 13307.5 3492 706.8 3841 5940

UP DOWN UP UP DOWN UP

3244 13183 3459 703 3782 5773

3270 13245 3476 705 3811 5857

3315 13318 3503 706 3851 5963

3341 13380 3520 708 3880 6047

3386 13453 3547 710 3920 6153

Country
GBP USD

Data/Event
BANK HOLIDAY BANK HOLIDAY

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