MCX DAILY LEVELS

DAILY

EXPIRY DATE R4

R3

R2

R1

PP

S1

S2

S3

S4

108

107

106

105

104

103

102

101

100

31 AUG 2015 370

366

362

360

358

356

354

350

346

CRUDE OIL

20 JUL 2015 3583 3513

3443

3398

3373

3328

3303

3233

3163

GOLD

05 AUG 2015 2640 26298

6

26190

26123

26082

26015

25974

25866

25758

LEAD

31 JUL 2015

120

118

116

115

114

113

112

110

108

NATURAL GAS

28 JUL 2015

180

178

176

175

174

173

172

170

168

NICKEL

31 JUL 2015

788

767

746

733

725

712

704

683

662

SILVER

04 SEP 2015 3592 35754

4

35584

35478

35414

35308

35244

35074

34904

129

128

127

126

125

123

121

ALUMINIUM
COPPER

ZINC

31 JUL 2015

31 JUL 2015

133
133

131

MCX WEEKLY LEVELS

WEEKLY

EXPIRY

R4

R3

R2

R1

PP

S1

S2

S3

S4

ALUMINIUM

31 JUL 2015

31
JUL

120

115

110

108

105

103

100

95

COPPER

31 AUG 2015

31
AUG

444

414

384

371

354

341

324

294

CRUDE OIL

20 JUL 2015

20
JUL

4238

3947

3656

3504

3365

3213

3074

2783

GOLD

05 AUG 2015

05
AUG

27613

27109

26605

26331

26101

25827

25597

25093

LEAD

31 JUL 2015

31
JUL

136

128

120

117

112

109

104

96

NATURAL GAS

28 JUL 2015

28
JUL

203

193

183

178

173

168

163

153

NICKEL

31 JUL 2015

31
JUL

997

903

809

764

715

670

621

527

SILVER

03 JUL 2015

04
SEP

42161

39852

37543

36457

35123

34148

32925

30616

 NCDEX DAILY LEVELS

DAILY

EXPIRY
DATE

R4

R3

R2

R1

PP

S1

S2

S3

S4

SYOREFIDR

20 AUG 2015

595

590

585

583

580

578

575

570

565

SYBEANIDR

20 AUG 2015

3632

3591

3550

3526

3509

3485

3468

3427

3386

RMSEED

20 AUG 2015

4335

4291

4247

4225

4203

4181

4159

4115

4071

JEERAUNJHA

20 AUG 2015

17296 17006

16716

16523

16426 16233 16136 15846

15556

CHANA

20 AUG 2015

4780

4702

4624

4579

4546

4501

4468

4390

4312

CASTORSEED

20 AUG 2015

4143

4101

4059

4033

4017

3991

3975

3933

3891

NCDEX WEEKLY LEVELS

WEEKLY

EXPIRY
DATE

R4

R3

R2

R1

PP

S1

S2

S3

S4

SYOREFIDR

20 AUG 2015

627

610

593

587

576

570

559

542

525

SYBEANIDR

20 AUG 2015

3908

3767

3626

3564

3485

3423

3344

3203

3062

RMSEED

20 AUG 2015

4471

4377

4283

4243

4189

4149

4095

4001

3907

JEERAUNJHA

20 AUG 2015

18910 18015

17120

16725

16225 15830 15330 14435

13540

CHANA

20 AUG 2015

5284

5017

4750

4642

4483

4375

4216

3949

3682

CASTORSEED

20 AUG 2015

4413

4284

4155

4081

4026

3952

3897

3768

3639

MCX - WEEKLY NEWS LETTERS

INTERNATIONAL NEWS
BULLION
Gold scaled higher on Friday, further off a four-month low, as the dollar tumbled against the
euro on signs of progress in Greece's efforts to secure fresh funding. Spot gold was up 0.2 per
cent at $1,161.88 an ounce by 1029 GMT. Prices touched $1,146.75 on Wednesday, their
lowest since March 18, when the dollar was boosted by weakness in the euro on Greece and the
tumble in Chinese stock markets.
US gold for August delivery gained 0.2 per cent at $1,161.70 an ounce. The euro climbed 1.2
per cent against the dollar, making dollar-denominated assets such as gold cheaper for buyers
using other currencies. "Gold is getting some support from the stronger euro but if we get a deal
with Greece on Sunday, it should be bearish for gold because it removes any risk," Societe
Generale analyst Robin Bhar said. "The major driver is the U.S. because we have Yellen
speaking today and markets will be watching that for any clues about the rate hike." Federal
Reserve Chair Janet Yellen will speak on Friday on the U.S. economic outlook at 1630 GMT.
"No doubt, gold has been a profound disappointment for the bulls over the past few months ...to
see repeated rallies fizzle," INTL FCStone analyst Edward Meir wrote.
Physical demand remained tepid this week as prospective investors in China chased bargains in
equities after a market rout, while those in India delayed purchases. The metal in India was still
sold at a discount to the global benchmark. Chinese stocks rose sharply for a second day on
Friday after Beijing moved to arrest a rout that pulled down key indexes by around 30 per cent
from mid-June, banning shareholders with large stakes in listed firms from selling. Also aiding
gold, the International Monetary Fund trimmed its forecast for global economic growth this
year to 3.3 per cent from a previous estimate of 3.5 per cent, citing recent weakness in the
United States.
Silver was up 0.5 per cent at $15.44 an ounce, palladium rose 1.7 per cent to $648.50 an ounce
and platinum gained 1.4 per cent to $1,032.50 an ounce

ENERGY
Crude oil prices bounced on Thursday on strong economic data from Japan and Germany, and
as Chinese shares picked up after the government launched new steps to halt a rout in its stock
markets. Front-month US crude futures were up 80 cents at $52.45 a barrel by 0745 GMT, but
were still almost 8 percent lower than at the end of last week. Brent crude was 70 cents higher
at $57.75 a barrel, though still 4 per cent below last Friday.Chinese stocks rallied on Thursday
after the securities regulator banned shareholders with large stakes in listed firms from selling,
in Beijing's most drastic step yet to stem a sell-off that has roiled global financial markets.
Chinese police were investigating clues pointing to potentially "malicious" short-selling of
Chinese shares, state news agency Xinhua said on Thursday. Demand for oil was also

supported by the return from maintenance of a 120,000 barrels per day crude crude distillation
unit in Japan, where machinery orders hit a 7-year high in May. German exports rose at their
fastest pace this year in May, boosting expectations that Europe's largest economy would pull
off stronger growth in the second quarter after expanding modestly in the first. Traders said
downward momentum in oil had been broken by two days of gains and sentiment was more
positive on Thursday. "Supports held after the sharp sell-off on Monday and these supports
were not seriously tested yesterday," said Tamas Varga, oil analyst at London brokerage . "Oil is
being pressured on multiple fronts, and China's equity wobble, the prospect of Iran's re-entry to
the market and low liquidity all add up to an extremely fraught environment," said Ole Hansen,
head of commodity strategy at Saxo Bank. A surprise increase in U.S. stockpiles despite the
peak-demand American summer driving season added to global oversupply as the Organization
of the Petroleum Exporting Countries and Russia produce at near-record levels.
BASE METAL
Copper
Copper futures edged higher 0.32 per cent to Rs 360.80 per kg amid positive Asian cues and
pickup in spot demand at domestic markets. At the Multi Commodity Exchange, copper for
delivery in August rose Rs 1.15, or 0.32 per cent, to Rs 360.80 per kg, with a turnover of 1,219
lots. The metal for delivery in November contracts edged up by 95 paise, or 0.26 per cent, at Rs
367.20 in a volume of 11 lots ,The metal for delivery in November contracts edged up by 95
paise, or 0.26 per cent, at Rs 367.20 in a volume of 11 lots. Globally, copper for September
delivery climbed 0.3 per cent to 40,600 yuan (USD 6539) per tonne but at the London Metal
Exchange, the metal for delivery in three month fell 0.7 per cent to USD 5,590 per tonne.
Globally, copper for September delivery climbed 0.3 per cent to 40,600 yuan (USD 6539) per
tonne but at the London Metal Exchange, the metal for delivery in three month fell 0.7 per cent
to USD 5,590 per tonne. Market analysts attributed the rise in copper prices in futures trade to a
better trend in Asian trade and pickup in demand at domestic spot market.

Zinc
Zinc futures today edged up 0.63 per cent to Rs 128.40 per kg as participants enlarged positions
amid a firming trend overseas and better domestic demand. At the Multi Commodity Exchange,
zinc for delivery in July rose by 80 paise, or 0.63 per cent, to Rs 128.40 per kg, with a business
turnover of 747 lots. Marketmen said improved demand at the spot market amid a firming trend
in base metals overseas, mainly influenced zinc prices in futures trade here.The metal for
delivery in August also rose by 70 paise, or 0.55 per cent, to Rs 128.90 per kg in a business
volume of 29 lots.

 Nickel
Taking positive cues from global market and rising demand from domestic alloy-makers, nickel
futures climbed 1.13 per cent to Rs 737 per kg today.At the Multi Commodity Exchange, nickel
for delivery in current month contracts rose by Rs 8.20, or 1.13 per cent, to Rs 737 per kg in a
business turnover of 2,801 lots. Metal for delivery in August was also trading higher by Rs
8.20, or 1.11 per cent, at Rs 744.30 per kg in 161 lots.Analysts said besides rising spot demand,
a firming trend at the London Metal Exchange (LME), also boosted prices.Meanwhile, nickel
for delivery in three months at the LME rose 0.7 per cent to USD 11,580 per tonne. The metal
rose 4.9 per cent yesterday, posting the biggest two-day rally since 2012.

NCDEX - WEEKLY NEWS LETTERS

FMC reduces trading time
Commodity derivatives markets regulator Forward Markets Commission (FMC) has reduced
the trading time of the evening session in agricultural commodities by two hours and de-listed
four contracts from the evening session owing to the lack of liquidity.
With this, the trading time of the evening session in agricultural commodities ends at 9:00 pm
compared with 11:00 pm earlier in normal days. The closing time during US daylight saving
period has been advanced to 9.30 pm from 11.35 pm earlier.

Mansoon Update
Maharashtra, which ranks second in soyabean and cotton production, is giving artificial rainfall
another shot in an attempt to save crops, 13 years after a similar experiment failed. Amid
worries that a dry spell may force re-sowing to take place, the state government has shortlisted
a private agency for cloud seeding to generate artificial rainfall during August to October.
About 80 per cent of the state's cultivable land depends on rainfall. The government wants to
ensure that kharif crops get at least one life-saving rainfall in those key months and is hoping
that advances in artificial rainfall will help. The state government is already assessing the
possibility of re-sowing in large parts of western Maharashtra, Khandesh and parts of
Marathwada and Vidarbha. "The situation is worrisome in these parts as there has been no rain
for more than 15 days," said a top official of the state's agriculture department. Another high
level official from Mantralaya, the state government's administrative headquarters in Mumbai,
said that in all probability, artificial rainfall will be required in the near future. "We will do
cloud seeding as an experiment. As the process requires large number of no objection
certificates from various government agencies, we have started preparations in order to keep
ourselves ready for any emergency in August-September," the official said.

Nearly 37 per cent sowing of various kharif crops, including oilseeds and pulses, has been
completed in Chhattisgarh in the ongoing crop season. "Farmers have completed sowing of
kharif crops on around 13.88 lakh hectares of land against the proposed target of 48.20 lakh
hectares in the state," an official statement said today. The Bilaspur division is leading the chart
with 37 per cent of the average sowing completed in its five districts, followed by Raipur
division (35 per cent), Bastar (20 per cent) and Surguja division (12 per cent), it said. Notably,
the Chhattisgarh Agriculture Department has set the target of cultivating cereals, pulses, oil
seeds and other crops on an area of 48.20 lakh hectares in the current kharif season. The target
has been set to grow paddy on 36.45 lakh hectares, corn on 2.25 lakh hectares, pulses on 3.79
lakh hectares and oilseeds on 3.44 lakh hectares.Moreover, an amount of Rs 1,356.61 crore has
been distributed to over 4.51 lakh farmers during the current kharif season by the Chhattisgarh
Primary Agriculture Co-Operative Samitis.

Refined soya oil

Refined soya oil prices were traded higher 0.78 per cent to Rs 564.30 per 10 kg in futures
trading on thursday as speculators enlarged positions, supported by pickup in demand at the
spot market.At the National Commodity and Derivatives Exchange, refined soya oil for
delivery in October moved up by Rs 4.35, or 0.78 per cent to Rs 564.30 per 10 kg with an open
interest of 84,565 lots.Similarly, the oil for delivery in August contracts gained Rs 3.60, or 0.63
per cent to Rs 576.50 per 10 kg in 1,95,110 lots.Rise in refined soya oil futures to pickup in
demand at the spot market against restricted supplies from producing belts.

Chana
Amid profit-booking by speculators at prevailing levels and easing demand at spot market,
chanaprices were down by 0.21 per cent to Rs 4,334 per quintal in futures market on Thursday
where as on Wednesday Chanapricesrose by 2% to Rs 4,282 per quintal in futures trade today
amid pickup in demand at the spot market and restricted arrivals from producing belts.On
Friday At the National Commodity and Derivative Exchange, chana for delivery in July month
eased by Rs 9, or 0.21 per cent to Rs 4,334 per quintal with an open interest of 13,040
lots.Also, the commodity for delivery in August contracts shed Rs 5, or 0.11 per cent to Rs
4,463 per quintal in 1,85,540 lots.Where as on wednesdaychana for delivery in July shot up by
Rs 84, or 2% to Rs 4,282 per quintal with an open interest of 28,360 lots.Similarly, the
commodity for delivery in August contracts traded higher by Rs 58, or 1.33% to Rs 4,404 per
quintal in 1,88,990 lots.Besides profit-booking by speculators at existing levels, fall in demand
in the spot market against adequate stock position mainly kept pressure on chana prices.

 Costorseed
Domestic commodity markets are currently trading on a dull note in the morning trading
session where at the Multi Commodity Exchange (MCX); all of the four indices are trading
lower. Castorseed prices rose by 0.15 per cent on Monday at the National Commodity &
Derivatives Exchange Limited (NCDEX) as a result of the rise in demand from consuming
industries against restricted arrivals in domestic markets which in turn encouraged the investors
to enlarge their holdings.

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