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DAILY COMMODITY REPORT 23th Jun 2014

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DAILY MARKET WRAPUP 23th Jun 2014 COMMODITY

CONTRACT

OPEN PRICE

HIGH

LOW

CLOSE PRICE

OI (in lots)

GOLD

5-Aug-14

27636

27820

27468

27668

8419

SILVER

5-Jul-14

44413

44840

43981

44570

9654

COPPER

30-Jun-14

409.9

416.4

409.9

415.45

13612

CRUDEOIL

21-Jul-14

6424

6467

6395

6460

8072

LEAD

30-Jun-14

127.5

128.35

126.6

127.2

2691

NICKEL

30-Jun-14

1123

1128.9

1097.3

1104.5

5396

NATURALGAS

25-Jun-14

276

277.9

272.2

273.2

4948

ZINC

30-Jun-14

129.7

130.95

129.7

130.55

3590

ALUMINIUM

30-Jun-14

112.2

112.65

111.05

111.6

3200

LME WAREHOUSE STOCKS ( 20-Jun- 2014)

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METAL

TONNES IN STORAGE

ALUMINIUM

-7925

COPPER

-575

LEAD

Unch

NICKEL

-42

ZINC

1900

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INTERNATIONAL MARKETS 23th Jun 2014

PRECIOUS AND INDUSTRY METALS COMMODITY

UNITS

PRICE

CHANGE

% CHANGE

CONTRACT

COMEX GOLD

USD/t oz.

1,312.90

-3.70

-0.28%

Aug 14

GOLD SPOT

USD/t oz.

1,312.23

-2.59

-0.20%

N/A

COMEX SILVER

USD/t oz.

20.87

-0.13

-0.61%

Sep 14

COMEX COPPER

USd/lb.

313.55

+2.25

+0.72%

Sep 14

PLATINUM SPOT

USD/t oz.

1,452.50

-4.31

-0.30%

N/A

ENERGY COMMODITY FUTURES COMMODITY

UNITS

PRICE

CHANGE

% CHANGE

CONTRACT

CRUDE OIL (WTI)

USD/bbl.

107.19

+0.36

+0.34%

Aug 14

CRUDE OIL (BRENT)

USD/bbl.

115.20

+0.39

+0.34%

Aug 14

RBOB GASOLINE

USd/gal.

314.20

+1.43

+0.46%

Jul 14

NYMEX NATURAL GAS

USD/MMBtu

4.54

+0.01

+0.18%

Jul 14

NYMEX HEATING OIL

USd/gal.

306.01

+0.89

+0.29%

Jul 14

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MOST ACTIVE CONTRACTS 23th Jun 2014

Symbol

Expiry Date

LTP

Value (In Lacs)

Volume (In Lots)

SILVERMICRO

30-06-2014

44620.00

3,62,28,76,280.00

81,194

CRUDE OIL

21-07-2014

6464.00

30,07,89,312.00

46,533

SILVER M

30-06-2014

44615.00

1,90,97,45,075.00

42,805

COPPER

30-06-2014

415.75

1,32,84,875.50

31,954

NICKEL

30-06-2014

1103.70

3,24,78,579.90

29,427

NATURAL GAS

25-06-2014

273.10

79,90,632.90

29,259

SILVER

05-07-2014

44605.00

1,29,07,79,490.00

28,938

COPPERMINI

30-06-2014

415.70

98,51,258.60

23,698

NICKELMINI

30-06-2014

1104.00

2,54,74,800.00

23,075

GOLD

05-08-2014

27677.00

49,10,73,011.00

17,743

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INTRADAY SUPPORT AND RESISTANCE 23th Jun 2014

COMMODITY

EXPIRY

SUP.2

SUP.1

PIVOT

RES.1

RES.2

ALUMINIUM

30-Jun

110.17

110.88

111.77

112.48

113.37

COPPER

30-Jun

407.42

411.43

413.92

417.93

420.42

CRUDEOIL

21-Jul

6369

6414

6441

6486

6513

GOLD

5-Aug

27300

27484

27652

27836

28004

LEAD

30-Jun

125.63

126.42

127.38

128.17

129.13

NATURALGAS

25-Jun

268.73

270.97

274.43

276.67

280.13

NICKEL

30-Jun

1078.6

1091.6

1110.2

1123.2

1141.8

SILVER

5-Jul

43605

44087

44464

44946

45323

ZINC

30-Jun

129.15

129.85

130.40

131.10

131.65

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TODAY,S COMMODITY NEWS 23th Jun 2014

COMMODITY HEADLINES

Gold set for best week in three months.

Gold futures up on firm global cues.

Silver futures extend gains on global cues.

Zinc up 0.7% on overseas cues.

18 Odisha mines shut on SC order may restart.

Privatize PSUs in sector, urge mining firms.

Oil mixed in Asia amid Iraq supply fears.

Oil hits nine-month high near $115 on Iraq turmoil.

Oil prices up with Iraq violence in focus.

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COMMODITY BUZZ AND ECONOMIC EVENTS 23th Jun 2014

COMMODITY BUZZ

SPECIAL NEWS 

The euro area current account surplus rose to a seasonally adjusted EUR 21.5 billion from EUR 19.6 billion in March.

Current account surplus increased in April due to an in-

weekend trades. The rally that took Gold to a two and half

crease in trade surplus, data from the European Central

month highs showed some friction as traders opted for

Bank showed Friday. The surplus on trade in goods in-

booking profits in the intraday trades on Friday. The

creased to EUR 16.9 billion from EUR 14.3 billion in the

COMEX Gold August expiry was trading at $ 1312 per

prior month. Likewise, the surplus on services rose to EUR

troy ounce, down $ 2.1 per troy ounce .

10 billion from EUR 8.7 billion. Meanwhile, income fell to EUR 5.3 billion from EUR 6 billion and the deficit on cur-

close at $107.30 a barrel on the New York Mercantile Ex-

billion .

change Friday. Crude prices for July delivery scaled a high

The U.K. public sector net borrowing, excluding the tem-

of $107.73 a barrel intraday and a low of $106.33.

porary effects of financial interventions increased to GBP 13.3 billion from GBP 8.7 billion a year ago, the Office for

Light Sweet Crude Oil futures for July delivery, the most actively traded contract, gained $0.83 or 0.8 percent to

rent transfers widened to EUR 10.6 billion from EUR 9.5 

The rally in Gold prices took a marginal hiccup in the

U.S. crude oil ended higher for a second straight session

National Statistics said. The expected level of deficit was

on Friday, with the situation in Iraq continuing to dete-

GBP 8.7 billion. Budget deficit widened in May, official

riorate amid concerns over disruption in oil supplies. In-

data revealed Friday. At the end of May, public sector net

vestors continued to keep a close watch on the develop-

debt excluding temporary effects of financial interventions

ments in Iraq where militants are reportedly engaged in

was GBP 1,284.5 billion, equivalent to 76.1 percent of gross

fierce fighting for the Beiji oil refinery and Tal Afar air-

domestic product.

port.

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EPIC RESEARCH– ANALYST SPEAKS 23th Jun 2014

GOLD

Major movement in GOLD MCX on Friday. Short term trend is up, GOLD MCX CLOSED @ 27668.Friday Gold Recover from bottom @ 27468 , may go upside till 28000.for keep a close eye on US data, Volatility may Rule the overall market due to USD/INR MOVEMENTS, and geopolitical tensions.. BUY GOLD ABOVE 27900 TGT 28100,28350 SL BELOW 27800 SELL GOLD BELOW 27500 TGT 27350,27200 SL ABOVE 27650

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EPIC RESEARCH– ANALYST SPEAKS 23th Jun 2014

SILVER

major movement in SILVER MCX on Friday. Short term trend is up, SILVER MCX CLOSED @ 44570.Friday Silver Recover from bottom @ 43981, may go upside till 45350.for keep a close eye on US data, Volatility may Rule the overall market due to USD/INR MOVEMENTS, and geopolitical tensions. . BUY SILVER ABOVE 44800 TGT 45000,45350 SL BELOW 44450 SELL SILVER BELOW 44300 TGT 44000,43650 SL ABOVE 44650

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TODAY’S ECONOMIC EVENTS 23th Jun 2014

MONDAY, JUN 23

TIME

COUNTRY

EVENT

07:15

CNY

CHINESE HSBC MANUFACTURING PMI

13:00

EUR

19:30

USD

YOUR MINTVISORY

ACTUAL FORECAST PREVIOUS

49.7

49.4

GERMAN MANUFACTURING PMI

52.5

52.3

EXISTING HOME SALES

4.73M

4.65M

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50.8

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Daily commodity trading research report 23 june 2014 by epic research