I Prateekj16 18july

RESEARCH VIA

DAILY COMMODITY REPORT

2811.07.2013

Precious Metals
G

SILVER

GOLD

D A I L Y

B U Z Z

Gold futures prices today rose by 0.17 per cent to Rs 26,055 per 10 grams as speculators enlarged positions, largely in tandem with a firming trend overseas. At the Multi Commodity Exchange, metal prices for delivery in August gained Rs 45, or 0.17 per cent, to trade higher at Rs 26,055 per 10 gm in a turnover of 4,038 lots. Similarly, the metal prices for delivery in October edged up by Rs 33, or 0.13 per cent, to Rs 26,139 per 10 gm, clocking a business volume of 305 lots. Analysts attributed gains in the precious metal at futures trade to a firm trend in the overseas markets as physical gold purchases picked up at lower prices. Globally, gold rose by USD 13.40, or 1.08 per cent, to USD 1,250.10 an ounce in New York yesterday.

Base Metals & Energy

-

COPPER
PAGE 1

CRUDE OIL

D A I L Y

B U Z Z

Copper prices fell by 0.49 per cent to Rs 406.75 per kg in futures trade today after speculators trimmed positions, tracking a weak global trend. At the Multi Commodity Exchange, Copper for delivery in August fell by Rs 2, or 0.49 per cent, to Rs 406.75 per kg in business turnover of 799 lots. In a similar fashion, the metal for delivery in November declined by Rs 1.95, or 0.47 per cent, to Rs 412.60 per kg in 68 lots. Crude oil futures prices rose sharply by 1.14 per cent to Rs 6,280 per barrel today as speculators created fresh positions, tracking a firming trend in Asia. At the Multi Commodity Exchange, crude oil for delivery in July traded Rs 71 or 1.14 per cent, higher at Rs 6,280 per barrel with a business turnover of 11,657 lots. The crude oil for August also moved up by Rs 50, or 0.8 per cent, to Rs 6,267 per barrel, with a business volume of 2,987 lots. Market analysts said the rise in crude oil futures was attributed to a firming trend in Asia buoyed by solid gains in US stocks and stronger demand in the world's biggest economy. Meanwhile, crude oil for the August delivery added 99 cents to USD 104.52 a barrel on the New York Mercantile Exchange in the morning trade.

Agro Outlook
CHANA DHANIYA

DHANIYA
D A I L Y B U Z Z
Cardamom prices fell by 2.16 per cent to Rs 670 per kg in futures trade today as speculators booked profits driven by sluggish demand in the spot market. Adequate stocks availability in the physical market on increased arrivals from the producing belts also put pressure on the Cardamom prices. At the Multi Commodity Exchange, cardamom for delivery in July fell by Rs 14.80, or 2.16 per cent, to Rs 670 per kg in business turnover of 88 lots. Similarly, the spice for delivery in August traded lower by Rs 2, or 0.27 per cent, to Rs 752.20 per kg in 394 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

26103 40174 6391 412 816.6 221.1 124.25 112.55 107.55

UP UP UP UP UP UP UP UP UP

25835 39631 6139 402.33 789.93 212.43 120.02 109.42 104.78

25969 39903 6265 407.17 803.27 216.77 122.13 110.98 106.17

26110 40201 6336 409.83 812.13 222.83 123.37 111.87 106.93

26244 40473 6462 414.67 825.47 227.17 125.48 113.43 108.32

26385 40771 6533 417.33 834.33 233.23 126.72 114.32 109.08

CLOSING PRICE

TREND

S2

S1

PIVOT POINT

R1

R2

CHANA JEERA RM SEED SOYA REF OIL SOYBEAN TURMERIC

3107 13650 3498 685 3190 5828

UP DOWN UP UP UP UP

3064 13465 3472 680 3130 5699

3086 13558 3485 683 3160 5763

3121 13718 3509 687 3192 5827

3143 13810 3522 690 3222 5891

3178 13970 3546 694 3253 5955

Country
USD USD

Data/Event
Unemployment Claims Fed Chairman Bernanke Speaks

Previous
343K

Forecast
342K

Time of Release (IST)

6.00 P.M 1.40 P.M

Disclaimer:
All data and reports at Research Via are only information services for subscribers and are not individualized recommendations to buy or sell securities, nor offers to buy or sell securities. Under any circumstances the subscription amount paid to Research Via are not refundable. Investment in equity shares, futures, options and commodities has its own risks. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and on sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred due to it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above. This Website is for information purposes only. The information contained on this should not be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for the units of the schemes of Research Via. Research Via is neither responsible nor liable for third party content provided or content from any other aspect of any other Website, which may be accessed from this Website. A possibility exists that the site could include inaccuracies or errors. Additionally, a possibility exist that unauthorized additions, deletions or alterations could be made by third parties to the site. Although Research Via attempts to ensure the integrity, correctness and authenticity of the site, it makes no guarantees whatsoever as to its completeness, correctness or accuracy. In the event, that such an inaccuracy arises, please inform Research Via so that it can be corrected. Research Via and its owners/affiliates are not liable for damages caused by any performance, failure of performance, error, omission, interruption, deletion, defect, delay in transmission or operations, computer virus, communications line failure, and unauthorized access to the personal accounts. Research Via is not responsible for any technical failure or malfunction of the software or delays of any kind. We are also not responsible for nonreceipt of registration details or e-mails. Research Via is not responsible for the content of any of the linked sites. By providing access to other web-sites, Research Via is neither recommending nor endorsing the content available in the linked websites.