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DAILY COMMODITY REPORT 01st JANUARY 2014

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DAILY MARKET WRAPUP 01st JANUARY 2014 COMMODITY

CONTRACT

OPEN PRICE

HIGH

LOW

CLOSE PRICE

%CHANGE

OI (in lots)

GOLD

05 FEB 2014

28326.00

28578.00

28075.00

28422.00

+0.38

9451

SILVER

05 MAR 2014

44112.00

44588.00

42435.00

43833.00

-0.53

11101

CRUDE

20 JAN. 2014

6164.00

6173.00

6095.00

6122.00

-0.60

9446

NATURAL GAS

28 JAN. 2014

274.60

275.80

264.80

265.50

-3.39

12666

COPPER

28 FEB 2014

466.30

469.95

464.70

468.55

+0.43

13906

NICKEL

31 JAN 2014

873.10

875.00

862.80

864.00

-1.10

6466

LEAD

31 JAN 2014

138.50

138.50

136.30

136.55

-1.50

3610

ZINC

31 JAN 2014

129.25

129.35

127.60

127.80

-1.20

2969

ALUMINIUM

20 JAN 2014

110.95

111.35

109.75

110.10

-1.03

1851

LME WAREHOUSE STOCKS (31- DEC- 2013)

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METAL

TONNES IN STORAGE

ALUMINIUM

-6625

COPPER

-1025

LEAD

-500

NICKEL

336

TIN

-310

ZINC

44875 Call us at +91-731-6642300


INTERNATIONAL MARKETS 01st JANUARY 2014

PRECIOUS AND INDUSTRY METALS COMMODITY

UNITS

PRICE

CHANGE

% CHANGE

CONTRACT

COMEX GOLD

USD/T OZ.

1,202.30

-1.50

-0.12%

FEB 14

GOLD SPOT

USD/T OZ.

1,198.51

-3.13

-0.26%

N/A

COMEX SILVER

USD/T OZ.

19.37

0.00

0.00%

MAR 14

COMEX COPPER

USD/LB.

339.65

0.00

0.00%

MAR 14

PLATINUM SPOT

USD/T OZ.

1,367.45

-3.55

-0.26%

N/A

ENERGY COMMODITY FUTURES COMMODITY

UNITS

PRICE

CHANGE

% CHANGE

CONTRACT

CRUDE OIL (WTI)

USD/BBL.

98.42

0.00

0.00%

FEB 14

CRUDE OIL (BRENT)

USD/BBL.

110.80

-0.41

-0.37%

FEB 14

RBOB GASOLINE

USD/GAL.

278.58

0.00

0.00%

FEB 14

NYMEX NATURAL GAS

USD/MMBTU

4.23

-0.20

-4.45%

FEB 14

NYMEX HEATING OIL

USD/GAL.

306.52

0.00

0.00%

FEB 14

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INTRADAY SUPPORT AND RESISTANCE 01st JANUARY 2014

COMMODITY

EXPIRY

SUP.3

SUP.2

SUP.1

PIVOT

RES.1

RES.2

RES.3

ALUMINIUM

31-JAN

107.85

108.80

109.45

110.40

111.05

112.00

112.65

COPPER

28-FEB

460.27

462.48

465.52

467.73

470.77

472.98

476.02

CRUDEOIL

20-JAN

6009

6052

6087

6130

6165

6208

6243

GOLD

5-FEB

27636

27855

28139

28358

28642

28861

29145

LEAD

31-JAN

133.53

134.92

135.73

137.12

137.93

139.32

140.13

NATURALGAS

28-JAN

250.60

257.70

261.60

268.70

272.60

279.70

283.60

NICKEL

31-JAN

847.3

855.1

859.5

867.3

871.7

879.5

883.9

SILVER

5-MAR

40496

41466

42649

43619

44802

45772

46955

ZINC

31-JAN

125.40

126.50

127.15

128.25

128.90

130.00

130.65

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MOST ACTIVE CONTRACTS 01st JANUARY 2014

Symbol

Expiry Date

LTP

Value (In Lacs)

Volume (In Lots)

SILVERMICRO

28-02-2014

44006.00

6,30,17,47,212.00

1,43,202

SILVER M

28-02-2014

44005.00

3,02,85,12,110.00

68,822

SILVER

05-03-2014

43968.00

1,78,21,98,912.00

40,534

NATURAL GAS

28-01-2014

265.20

1,04,40,924.00

39,370

CRUDE OIL

20-01-2014

6121.00

22,54,54,793.00

36,833

GOLD PETAL

31-01-2014

2908.00

5,29,80,852.00

18,219

GOLD

05-02-2014

28466.00

49,56,49,992.00

17,412

COPPER

28-02-2014

468.55

80,34,226.85

17,147

COPPERMINI

28-02-2014

468.50

60,97,996.00

13,016

NICKEL

31-01-2014

866.40

1,10,66,527.20

12,773

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COMMODITY BUZZ AND ECONOMIC EVENTS 01st JANUARY 2014

COMMODITY BUZZ :

SPECIAL NEWS : 

The Reserve Bank of India (RBI) has allowed gold refiners to import doer up to 15 per cent of their gross average viable quantity, based on their license entitlement in the first two months, for making this available to exporters on a firstin first-out basis. The quantum of gold dore to be imported should be determined lot-wise, on the basis of export performance.

Manufacturing activity in China fell more-thanexpected last month. Chinese Manufacturing PMI fell to an annual rate of 51.0, from 51.4 in the preceding month.

South Korea’s trade balance fell more-thanexpected in the last quarter. South Korean Trade Balance fell to a seasonally adjusted 3.70B, from 4.80B in the preceding quarter. Which was expected to fall to 3.76B in the last quarter.

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MCX Copper prices corrected sharply today as the inclination of buying by traders in Rupee resulted in selling in metals. Indian Rupee was gaining ground just before the closing of Forex markets.

At India's Multi Commodity Exchange, Gold has been trading in tight range in the last week of 2013 at Rs 28697 and 28075 levels. US gold futures for January delivery falling to $1198.6 per ounce while February contract is marginally up by $2.5 at $1204.8 an ounce. Gold marked its first annual drop in 13 years with a 28 percent slide and silver slumped 36 percent as central bank stimulus measures failed to boost inflation.

Production of refined zinc is expected to rise to 5.5 million tonnes in 2014 from 5.2 million in 2013, an increase of nearly 6 percent, as new smelters with combined capacity of 200,000 tonnes start up. As studies indicate, increasing demand of zinc for galvanizing steel from construction sector, demand of zinc alloys and die-casting in automobile sector, and investment in infrastructure development are the industry's major drivers.

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EPIC RESEARCH– ANALYST SPEAKS 01st JANUARY 2014

SILVER MCX:

The SILVER rate touched an intraday high of Rs 44588 and an intraday low of Rs 42435. 39871 contracts had been traded. Silver opened at morning with gap down and made day high. In mid session Silver trade in narrow range and made night low at 42435 . After evening there had been seen more selling pressure in silver and it will helpful to break the nearest support 43900 BUY SILVER ABOVE 44400 TGTS 44600/44900 SL 44040 SELL SILVER BELOW 43730 TGTS 43530/43230 SL 44100

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EPIC RESEARCH– ANALYST SPEAKS 01st JANUARY 2014

GOLD MCX:

The MCX GOLD rate touched an intraday high of Rs 28578 and an intraday low of Rs 28075. 17171 contracts had been traded. Gold Price was taking support at 28230 and traded in sideways range all day. In evening session gold price broke the nearest support 28290 and made low of 28075. BUY GOLD ABOVE 28480 TGTS 28560/28660 SL 28380 SELL GOLD BELOW 28350 TGTS 28270/28170 SL 28480

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TODAY’S ECONOMIC EVENTS 01st JANUARY 2014

Time

Counrty

Event

Actual

Forecast

Previous

51.0

51.2

51.4

WEDNESDAY, JANUARY 1 ALL DAY

DENMARK

HOLIDAY - NEW YEAR'S DAY

ALL DAY

UNITED STATES

HOLIDAY- NEW YEAR'S DAY

ALL DAY

HONG KONG

HOLIDAY- NEW YEAR'S DAY

ALL DAY

FRANCE

HOLIDAY- NEW YEAR'S DAY

ALL DAY

GERMANY

HOLIDAY- NEW YEAR'S DAY

ALL DAY

UNITED KINGDOM

HOLIDAY- NEW YEAR'S DAY

ALL DAY

SWITZERLAND

HOLIDAY- NEW YEAR'S DAY

ALL DAY

INDIA

HOLIDAY- NEW YEAR'S DAY

ALL DAY

CANADA

HOLIDAY- NEW YEAR'S DAY

ALL DAY

CHINA

HOLIDAY- NEW YEAR'S DAY

ALL DAY

JAPAN

HOLIDAY- NEW YEAR'S DAY

06:30

CNY

CHINESE MANUFACTURING PMI

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