Daily commodity report 21 01-2014 by epic research

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21th JANUARY 2014

DAILY COMMODITY REPORT

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21th JANUARY 2014

COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in lots)

GOLD 05 FEB 2014 29288.00 29390.00 29288.00 29034.00 0.99 8404

SILVER 05 MAR 2014 45084.00 45265.00 44983.00 44545.00 1.23 10932

CRUDE 20 JAN 2014 5832.00 5836.00 5800.00 5822.00 -0.12 9381

NATURAL GAS 28 JAN 2014 265.30 265.30 261.50 269.20 -2.19 13407

COPPER 28 FEB 2014 458.60 459.20 456.25 456.55 0.01 11283

NICKEL 31 JAN 2014 895.0 896.70 881.80 897.30 -0.31 6444

LEAD 31 JAN 2014 135.46 135.75 134.50 133.70 0.71 3366

ZINC 31 JAN 2014 128.35 128.65 127.60 127.50 0.43 3082

ALUMINIUM 31 JAN 2014 110.05 110.20 109.00 108.40 0.65 2307

DAILY MARKET WRAPUP

METAL TONNES IN STORAGE

ALUMINIUM -8200

COPPER -1225

LEAD -500

NICKEL 816

ZINC -4200

LME WAREHOUSE STOCKS (21– JAN- 2014)


21th JANUARY 2014

COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT

CRUDE OIL (WTI) USD/BBL. 93.89 -0.48 -0.51% FEB 14

CRUDE OIL (BRENT) USD/BBL. 106.34 -0.01 -0.01% MAR 14

RBOB GASOLINE USD/GAL. 262.80 +0.76 +0.29% FEB 14

NYMEX NATURAL GAS USD/MMBTU 4.30 -0.03 -0.65% FEB 14

NYMEX HEATING OIL USD/GAL. 302.88 +0.51 +0.17% FEB 14

COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT

COMEX GOLD USD/T OZ. 1,252.40 +0.50 +0.04% FEB 14

GOLD SPOT USD/T OZ. 1,253.05 -1.30 -0.10% N/A

COMEX SILVER USD/T OZ. 20.22 -0.09 -0.44% MAR 14

COMEX COPPER USD/LB. 334.00 -0.45 -0.13% MAR 14

PLATINUM SPOT USD/T OZ. 1,463.88 -5.12 -0.35% N/A

INTERNATIONAL MARKETS

ENERGY COMMODITY FUTURES

PRECIOUS AND INDUSTRY METALS


21th JANUARY 2014

COMMODITY EXPIRY SUP.3 SUP.2 SUP.1 PIVOT RES.1

ALUMINIUM 31-JAN 106.97 108.58 109.47 111.08 111.97

COPPER 28-FEB 451.92 455.28 457.52 460.88 463.12

CRUDEOIL 19-FEB 5768 5813 5851 5896 5934

GOLD 5-FEB 28763 29014 29162 29413 29561

LEAD 31-JAN 131.73 133.47 134.43 136.17 137.13

NATURALGAS 28-JAN 263.37 264.73 266.87 268.23 270.37

NICKEL 31-JAN 881.1 889.7 898.2 906.8 915.3

SILVER 5-MAR 44036 44586 44930 45480 45824

ZINC 31-JAN 125.72 126.98 127.72 128.98 129.72

INTRADAY SUPPORT AND RESISTANCE


21th JANUARY 2014

MOST ACTIVE CONTRACTS

Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots)

SILVERMICRO 28-02-2014 45128.00 1,66,84,72,416.00 36,972

NATURAL GAS 28-01-2014 263.30 88,83,478.70 33,739

CRUDE OIL 19-02-2014 5815.00 15,79,76,105.00 27,167

SILVER M 28-02-2014 45132.00 93,94,22,580.00 20,815

NICKEL 31-01-2014 894.50 1,76,77,109.00 19,762

NICKELMINI 31-01-2014 894.70 1,51,43,692.20 16,926

LEADMINI 31-01-2014 134.65 20,14,498.65 14,961

COPPER 28-02-2014 456.60 66,51,748.80 14,568

COPPERMINI 28-02-2014 456.65 47,49,616.65 10,401

SILVER 05-03-2014 45091.00 46,86,30,763.00 10,393


21th JANUARY 2014

TODAY,S COMMODITY NEWS

COMMODITY HEADLINES

Castor seed To Gather Some More Buying In The Near Term

Copper Showing Marginal Declines After Chinese Economic Data...

Coriander Futures Settle In Red On Higher production Estimates

Mentha Oil to Remain Underpressure On Strong Carryover Stocks In Local Mandies

Gold Hits Six-Week Highs As Rally Extends

Malaysia Palm Oil Exports Down 15% During Januar..

Chana To Remain Underpressure In The Near Term

Banks can lend against gold jewellery up to 75% of LTV: RBI

MCX Silvermic June contract was trading at Rs 47150 up Rs 39, or 0.08 percent.

MCX Goldpetal February contract firms up


21th JANUARY 2014

SPECIAL NEWS :

MCX Gold futures stayed mired in a tight range to-

day. The commodity surged in the global markets,

hitting its six-week highs but the gains were cur-

tailed thereafter as the US dollar appreciated. The

overall movement in global asset markets was thin

today and gold added little gains in the electronic

moves. The COMEX Gold futures are trading at

$1253.90, up 2 dollars per ounce on the day. MCX

Gold futures for February are trading at Rs 29330, up

Rs 65 per 10 grams or 0.22% on the day. The open

interest in the counter is up 4.20% .

MCX SILVERMIC February contract was trading at

Rs 45193 up Rs 28, or 0.06 percent. The SILVERMIC

rate touched an intraday high of Rs 45285 and an in-

traday low of Rs 45020. So far 21035 contracts have

been traded. SILVERMIC prices have moved up Rs

3193, or 7.60 percent in the February series so far.

MCX SILVERMIC April contract was trading at Rs

46204 up Rs 74, or 0.16 percent.

COMMODITY BUZZ :

Gold prices extended gains for a second straight day on

Monday by adding Rs. 20 to Rs. 30,200 per 10 grams in

the national capital on sustained buying by stockists for

the marriage season amid firm global cues. Silver followed

suit and gained Rs. 50 to Rs. 45,250 per kg on increased

offtake by industrial units and coin makers. In Mumbai,

gold of 99.9 and 99.5 per cent purity was traded

at Rs.30,170 and Rs. 30,020 per 10 grams, while silver en-

quired at Rs. 46,000 per kg.

Gold in Singapore, which normally sets price trend on the

domestic front, rose by 0.5 per cent to $1,260.07 an ounce,

the highest price since December 11. Silver advanced 0.2

per cent to $20.35 an ounce. At the domestic front, gold of

99.9 and 99.5 per cent purity advanced by Rs. 20 each

to Rs. 30,200 and Rs. 30,000 per 10 grams, respectively. It

had gained Rs. 210 in the previous session. MCX SILVER-

MIC June contract was trading at Rs 47150 up Rs 39, or

0.08 percent. The SILVERMIC rate touched an intraday

high of Rs 47253 and an intraday low of Rs 46600.

COMMODITY BUZZ AND ECONOMIC EVENTS


21th JANUARY 2014

EPIC RESEARCH– ANALYST SPEAKS

SILVER MCX:

MCX SILVER march contract was closed at RS 45545 UP 1.23 percent.

The SILVER rate have touched an intraday high of Rs 45265 and an intraday low of Rs 44983. So far 10360 contracts have been

traded. Silver opened at morning with gap down and made day high. In day session silver trade in range-bound and made day high

45265 . After evening Have seen more buying in silver and it will helpful to break the nearest resistance 45280 further silver will

touch level 45550 next trading session.

BUY SILVER ABOVE 45300 TGTS 45500/45800 SL 44950

SELL SILVER BELOW 44950 TGTS 44750/44450 SL 45300


21th JANUARY 2014


GOLD MCX:

MCX GOLD February contract was closed at Rs 29034 UP 0.99 percent.

The GOLD rate touched an intraday high of Rs 29390 and an intraday low of Rs 29288. So far 7820 contracts have been

traded. Gold Price is taking support at 28250 trade in range bound all day.

In evening session gold price have cracked the nearest resistance 29350 and made high of 29390

BUY GOLD ABOVE 29350 TGTS 29430/29530 SL 29250

SELL GOLD BELOW 29250 TGTS 29170/29070 SL 29350


21th JANUARY 2014


CASTORSEED

BUY CASTORSEED FEB ABOVE 4380 TGTS 4410,4460 SL 4330

SELL CASTORSEED FEB BELOW 4315 TGTS 4285,4235 SL 4365

RESISTANCE 1 4375.70

RESISTANCE 2 4416.3

PIVOT 4313.30

SUPPORT 1 4272.70

SUPPORT 2 4210.30


21th JANUARY 2014


DHANIYA

BUY DHANIYA FEB ABOVE 8190 TGTS 8220,8270 SL 8140

SELL DHANIYA FEB BELOW 8090 TGTS 8070,8020 SL 8140



PIVOT 8104.3

SUPPORT 1 8021.3

SUPPORT 2 7931.30


21th JANUARY 2014

TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS

TUESDAY 21 JANUARY 2014

03:15 NZD CPI (QOQ) -0.1% 0.9%

03:15 NZD CPI (YOY) 1.5% 1.4%

15:30 EUR ZEW ECONOMIC SENTIMENT 70.2 68.3

15:30 EUR GERMAN ZEW CURRENT CONDITIONS 34.1 32.4

15:30 EUR GERMAN ZEW ECONOMIC SENTIMENT 64.0 62.0

16:30 GBP CBI INDUSTRIAL TRENDS ORDERS 10 12

19:00 CAD MANUFACTURING SALES (MOM) 0.4% 1.0%

19:00 CAD WHOLESALE SALES (MOM) 1.0% 1.4%

TODAY’S ECONOMIC EVENTS


21th JANUARY 2014

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Daily commodity report 21 01-2014 by epic research

Economy & Finance

Transcript of Daily commodity report 21 01-2014 by epic research