Daily Commodity Report 23 Jan 2014 by EPIC RESEARCH

8/13/2019 Daily Commodity Report 23 Jan 2014 by EPIC RESEARCH

1/13

YOUR MINTVISORY Call us at +91-731-6642300

23th JANUARY 2014

DAILY COMMODITY REPORT

Our Presence

Epic Research India

411 Milinda Manor (Suites 409- 417)

2 RNT Marg. Opp Cental Mall

Indore (M.P.)

Hotline: +91 731 664 2300

Alternate: +91 731 664 2320

Or give us a missed call at

026 5309 0639

HNI & NRI Sales Contact Australia

Mintara Road, Tarneit, Victoria. Post Code 3029

Phone.: +61 422 063855

HNI & NRI Sales Contact USA

2117 Arbor Vista Dr. Charlotte (NC)

Cell: +1 704 249 2315

Toll Free Number

1-800-200-9454

All queries should be directed to

[email protected]


2/13


23th JANUARY 2014

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

GOLD 05 FEB 2014 29208.00 29278.00 29121.00 29241.00 -0.22 8006

SILVER 05 MAR 2014 44558.00 44596.00 44200.00 44480.00 -0.22 12222

CRUDE 20 JAN 2014 5940.00 6023.00 5923.00 5922.00 1.57 10881

NATURAL GAS 28 JAN 2014 274.50 287.90 274.50 273.50 5.00 19468

COPPER 28 FEB 2014 460.55 461.55 456.70 461.22 -0.72 11181

NICKEL 31 JAN 2014 912.80 914.50 905.70 912.20 -0.13 7464

LEAD 31 JAN 2014 136.30 137.00 134.75 136.15 -0.95 3183

ZINC 31 JAN 2014 130.00 130.35 128.70 129.80 -0.62 2839

ALUMINIUM 31 JAN 2014 109.50 109.75 107.90 109.30 -1.14 2382

DAILY MARKET WRAPUP

METAL TONNES IN STORAGE

ALUMINIUM -2025

COPPER -2300

LEAD -600

NICKEL -132

ZINC -1500

LME WAREHOUSE STOCKS (22 JAN- 2014)


3/13


23th JANUARY 2014

COMMODITY UNITS PRICE CHANGE CHANGE CONTRACT

COMEX GOLD USD/T OZ. 1,234.50 -4.10 -0.33% APR 14

GOLD SPOT USD/T OZ. 1,235.01 -2.14 -0.17% N/A

COMEX SILVER USD/T OZ. 19.73 -0.11 -0.55% MAR 14

COMEX COPPER USD/LB. 331.95 -1.75 -0.52% MAR 14

PLATINUM SPOT USD/T OZ. 1,453.75 -4.38 -0.30% N/A

COMMODITY UNITS PRICE CHANGE CHANGE CONTRACT

CRUDE OIL (WTI) USD/BBL. 96.50 -0.23 -0.24% MAR 14

CRUDE OIL (BRENT) USD/BBL. 108.00 -0.27 -0.25% MAR 14

RBOB GASOLINE USD/GAL. 266.64 -1.07 -0.40% FEB 14

NYMEX NATURAL GAS USD/MMBTU 4.72 +0.03 +0.62% FEB 14

NYMEX HEATING OIL USD/GAL. 303.96 +0.17 +0.06% FEB 14

INTERNATIONAL MARKETS

ENERGY COMMODITY FUTURES

PRECIOUS AND INDUSTRY METALS


4/13


5/13


23th JANUARY 2014

MOST ACTIVE CONTRACTS

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

NATURAL GAS 28-01-2014 287.20 2,34,05,651.20 81,496

CRUDE OIL 19-02-2014 6015.00 34,22,47,485.00 56,899

SILVERMICRO 28-02-2014 44398.00 2,22,59,38,128.00 50,136

SILVER M 28-02-2014 44401.00 1,17,04,99,162.00 26,362

COPPER 28-02-2014 457.95 92,84,936.25 20,275

LEADMINI 31-01-2014 134.85 24,85,285.50 18,430

COPPERMINI 28-02-2014 457.85 72,45,476.25 15,825

NICKEL 31-01-2014 911.00 1,41,53,296.00 15,536

NICKELMINI 31-01-2014 910.80 1,30,42,656.00 14,320

GOLD M 05-02-2014 29296.00 39,60,23,328.00 13,518
http://__dopostback%28%27mgrdtopgainers%27%2C%27sort%24symbol%27%29/http://__dopostback%28%27mgrdtopgainers%27%2C%27sort%24symbol%27%29/http://__dopostback%28%27mgrdtopgainers%27%2C%27sort%24expiry%20date%27%29/http://__dopostback%28%27mgrdtopgainers%27%2C%27sort%24expiry%20date%27%29/http://__dopostback%28%27mgrdtopgainers%27%2C%27sort%24value%20%28in%20lacs%29%27%29/http://__dopostback%28%27mgrdtopgainers%27%2C%27sort%24value%20%28in%20lacs%29%27%29/http://__dopostback%28%27mgrdtopgainers%27%2C%27sort%24volume%20%28in%20lots%29%27%29/http://__dopostback%28%27mgrdtopgainers%27%2C%27sort%24volume%20%28in%20lots%29%27%29/http://__dopostback%28%27mgrdtopgainers%27%2C%27sort%24volume%20%28in%20lots%29%27%29/http://__dopostback%28%27mgrdtopgainers%27%2C%27sort%24value%20%28in%20lacs%29%27%29/http://__dopostback%28%27mgrdtopgainers%27%2C%27sort%24expiry%20date%27%29/http://__dopostback%28%27mgrdtopgainers%27%2C%27sort%24symbol%27%29/


6/13


23th JANUARY 2014

TODAY,S COMMODITY NEWS

COMMODITY HEADLINES

Gold prices recovered by Rs. 20 to Rs. 30,200 per ten grams in the national capital yesterday on buying by retailers.

the Multi Commodity Exchange, gold for delivery in February declined by Rs. 54, or 0.18 per cent, to Rs. 29,187 per tengrams in a business turnover of 1,498 lots

Chana Slumps On Fresh Supplies In Maharashtra Mandies

Crude oil futures rise to 3-week high on global demand prospects

API Data Show Crude Supply Jump 4.9 Mln Barrels

Natural gas prices soar as powerful winter storm pummels eastern U.S.

Silver futures edge lower with Fed tapering prospects in focus

Castorseed To Encounter Fresh Selling From Higher Levels

UK Jobless Rate Drops To 7.1%

U.K. Budget Deficit Contracts In December

Gold Dips On Firm Dollar, Tapering Concerns


7/13


23th JANUARY 2014

SPECIAL NEWS :

Gold futures slumped on Wednesday to hold near theprevious session's one-week low, as expectations for theFederal Reserve to continue tapering its stimulus programand stronger dollar weighed the sentiment. A strongerU.S. dollar usually weighs on gold as it dampens the met-als' appeal as an alternative asset and makes dollar-pricedcommodities more expensive for holders of other curren-cies. Losses were limited amid ongoing indications of

strong physical demand in China. Gold demand in China,the world's largest consumer,

Indian Copper prices faced correction in the dailycharts today as the Rupee gained some momentum fromUS Dollar. MCX Copper was trading at Rs 458.35 per kg,down 0.63%. The prices of Copper on MCX were fallingdue to the fact that Rupee gained 45 pips against the Dol-lar. INR was trading at 61.84 against US Dollar. LME Cop-per remained in a sideways mode as China reported a risein Copper production. The data from China showed thatCopper production was at 6238087 tonnes in January-November 2013, up 14.31% The Swiss ZEW Survey ex-pectations fell to 36.4 points in January

COMMODITY BUZZ :

Budget deficit in the United Kingdom narrowed by GBP2.1 billion from the previous year to GBP 12.1 billion inDecember, the Office for National Statistics showedWednesday. The deficit was below the expected level ofGBP 14 billion. There was no transfer from Bank of Eng-land Asset Purchase Facility Fund to treasury in Decem-ber. For the financial year to date 2013/14, public sector

net borrowing excluding temporary effects of financialinterventions was GBP 83.9 billion. This was GBP 11 bil-lion higher than the same period in 2012/13, when it wasGBP 72.9 billion. Public sector net debt excluding tempo-rary effects of financial interventions was GBP 1,254.3 bil-lion at the end of December 2013,

UK Unemployment rate for the September-November pe-riod was 7.1 percent, just a tad above the Bank of Eng-land's threshold for increasing interest rates. The joblessrate in the United Kingdom declined more than expectedin the three months to November, the latest figures fromthe Office for National Statistics showed Wednesday.

COMMODITY BUZZ AND ECONOMIC EVENTS


8/13


23th JANUARY 2014

EPIC RESEARCH ANALYST SPEAKS

SILVER MCX:

BUY SILVER ABOVE 44700 TGTS 44900/45200 SL 44350SELL SILVER BELOW 44050 TGTS 43850/43550 SL 44400


9/13


23th JANUARY 2014


GOLD MCX:

BUY GOLD ABOVE 29250 TGTS 29170/29070 SL 29350SELL GOLD BELOW 29100 TGTS 29020/28920 SL 29220


10/13


23th JANUARY 2014


CASTORSEED

Castorseed is in sideways and taking support of 4250 in daily chart .MACD & RSI shows down trend but when pricetrend will break its consolidation trend then only it will clear the trend. Immediate support

@ 4275 and immediate resistance @ 4335. 4250 is also a strong supportlevel and if it sustain below it, may sign of bearish.

BUY CASTORSEED FEB ABOVE 4335 TGTS 4365,4415 SL 4285SELL CASTORSEED FEB BELOW 4275 TGTS 4245,4195 SL 4315

RESISTANCE 1 4348.0

RESISTANCE 2 4398.0

PIVOT 4306.0

SUPPORT 1 4256.0

SUPPORT 2 4214.0


11/13


23th JANUARY 2014


DHANIYA

Dhaniya Feb. is in bullish trend in daily chart. Immediate support @ 8390and immediate resistance @ 8465.open in-terest and pries has increased, RSI and MACD both are give signal of bullishness. Fundamentally dhaniya

is in bullish trend in coming trading session.

BUY DHANIYA FEB ABOVE 8465 TGTS 8495,8545 SL 8415SELL DHANIYA FEB BELOW 8390 TGTS 8360,8310 SL 8440

RESISTANCE 1 8574.7

RESISTANCE 2 8739.3.7

PIVOT 8473.3

SUPPORT 1 8308.7

SUPPORT 2 8207.3


12/13


23th JANUARY 2014

TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS

THUSDAY 23 JANUARY 2014

04:30 KRW SOUTH KOREAN GDP (QOQ) 0.9% 1.1%

07:15 CNY CHINESE HSBC MANUFACTURING PMI 50.6 50.5

10:30 JPY BOJ MONTHLY REPORT

13:28 EUR FRENCH MANUFACTURING PMI 47.5 47.0

13:28 EUR FRENCH SERVICES PMI 48.1 47.8

14:00 EUR GERMAN MANUFACTURING PMI 54.6 54.3

14:00 EUR GERMAN SERVICES PMI 54.0 53.5

14:30 EUR MANUFACTURING PMI 53.0 52.7

14:30 EUR SERVICES PMI 51.4 51.0

16:30 GBP CBI DISTRIBUTIVE TRADES SURVEY 25 34

19:00 CAD CORE RETAIL SALES (MOM) 0.3% 0.4%

19:00 CAD RETAIL SALES (MOM) 0.3% -0.1%

19:00 USD INITIAL JOBLESS CLAIMS 326K 326K

20:30 USD EXISTING HOME SALES 4.94M 4.90M

20:30 USD EXISTING HOME SALES (MOM) 0.4% -4.3%

TODAYS ECONOMIC EVENTS


13/13


23th JANUARY 2014

The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any re-

sponsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most.

Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and upon sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility.

The information given herein should be treated as only factor, while making investment decision. The report does not provide individually

tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, andencourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on

the information given in this report, which is in violation of rules and regulations of NSE and BSE.

The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all es-timates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocksrecommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views ex-

pressed as a recommendation for which either the site or its owners or anyone can be held responsible for. Any surfing and reading ofthe information is the acceptance of this disclaimer. All Rights Reserved.

Investment in equity & bullion market has its own risks.

We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for anyfinancial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer

to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share ourcalls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then

Serious Legal Actions can be taken.

DISCLAIMER

Daily Commodity Report 23 Jan 2014 by EPIC RESEARCH

Documents

Transcript of Daily Commodity Report 23 Jan 2014 by EPIC RESEARCH