Page 1

DAILY COMMODITY REPORT 10th JANUARY 2014

Our Presence Epic Research India 411 Milinda Manor (Suites 409- 417)

HNI & NRI Sales Contact Australia

Toll Free Number

Mintara Road, Tarneit, Victoria. Post Code 3029

1-800-200-9454

Phone.: +61 422 063855

All queries should be directed to

2 RNT Marg. Opp Cental Mall Indore (M.P.)

Info@epicresearch.co

Hotline: +91 731 664 2300 Alternate: +91 731 664 2320 Or give us a missed call at 026 5309 0639 YOUR MINTVISORY

HNI & NRI Sales Contact USA 2117 Arbor Vista Dr. Charlotte (NC) Cell: +1 704 249 2315

Call us at +91-731-6642300


DAILY MARKET WRAPUP 10th JANUARY 2014 COMMODITY

CONTRACT

OPEN PRICE

HIGH

LOW

CLOSE PRICE

%CHANGE

OI (in lots)

GOLD

05 FEB 2014

28875.00

28912.00

28712.00

28862.00

0.05

8613

SILVER

05 MAR 2014

44170.00

44254.00

43680.00

44124.00

0.18

10992

CRUDE

20 JAN. 2013

5775.00

5784.00

5700.00

5705.00

-1.31

13125

NATURA GAS

28 JAN. 2013

264.50

264.50

252.10

285.80

-3.51

9830

COPPER

28 FEB 2014

463.70

464.05

454.50

455.65

-1.61

11359

NICKEL

31 JAN 2013

838.00

840.40

830.40

832.20

-0.80

14666

LEAD

31 JAN 2013

131.90

132.00

129.65

129.80

-1.70

3150

ZINC

31 JAN 2013

126.60

126.75

124.65

124.80

-0.80

2926

ALUMINIUM

31 JAN 2013

108.75

108.75

706.90

107.00

-1.47

2419

LME WAREHOUSE STOCKS (08– JAN- 2014)

YOUR MINTVISORY

METAL

TONNES IN STORAGE

ALUMINIUM

-5800

COPPER

-3425

LEAD

-500

NICKEL

654

TIN

50

ZINC

-4200 Call us at +91-731-6642300


INTERNATIONAL MARKETS 10th JANUARY 2014

PRECIOUS AND INDUSTRY METALS COMMODITY

UNITS

PRICE

CHANGE

% CHANGE

CONTRACT

COMEX GOLD

USD/T OZ.

1,233.30

+3.90

+0.32%

FEB 14

GOLD SPOT

USD/T OZ.

1,234.01

+6.03

+0.49%

N/A

COMEX SILVER

USD/T OZ.

19.65

-0.04

-0.19%

MAR 14

COMEX COPPER

USD/LB.

330.10

+0.20

+0.06%

MAR 14

PLATINUM SPOT

USD/T OZ.

1,421.78

+3.23

+0.23%

N/A

ENERGY COMMODITY FUTURES COMMODITY

UNITS

PRICE

CHANGE

% CHANGE

CONTRACT

CRUDE OIL (WTI)

USD/BBL.

92.39

+0.73

+0.80%

FEB 14

CRUDE OIL (BRENT)

USD/BBL.

106.65

+0.26

+0.24%

FEB 14

RBOB GASOLINE

USD/GAL.

264.76

-0.87

-0.33%

FEB 14

NYMEX NATURAL GAS

USD/MMBTU

4.01

+0.01

+0.22%

FEB 14

NYMEX HEATING OIL

USD/GAL.

292.46

+0.32

+0.11%

FEB 14

YOUR MINTVISORY

Call us at +91-731-6642300


INTRADAY SUPPORT AND RESISTANCE 10th JANUARY 2014

COMMODITY

EXPIRY

SUP.3

SUP.2

SUP.1

PIVOT

RES.1

RES.2

RES.3

ALUMINIUM

31-Jan

104.50

105.70

106.35

107.55

108.20

109.40

110.05

COPPER

28-Feb

442.53

448.52

452.08

458.07

461.63

467.62

471.18

CRUDEOIL

20-Jan

5591

5646

5675

5730

5759

5814

5843

GOLD

5-Feb

28545

28629

28745

28829

28945

29029

29145

LEAD

31-Jan

126.62

128.13

128.97

130.48

131.32

132.83

133.67

NATURALGAS

28-Jan

236.03

244.07

248.43

256.47

260.83

268.87

273.23

NICKEL

31-Jan

818.3

824.3

828.3

834.3

838.3

844.3

848.3

SILVER

5-Mar

43211

43445

43785

44019

44359

44593

44933

ZINC

31-Jan

121.95

123.30

124.05

125.40

126.15

127.50

128.25

CARDAMOM

15-Jan

705.6

709.8

716.0

720.2

726.4

730.6

736.8

YOUR MINTVISORY

Call us at +91-731-6642300


MOST ACTIVE CONTRACTS 10th JANUARY 2014

Symbol

Expiry Date

LTP

Value (In Lacs)

Volume (In Lots)

NATURAL GAS

28-01-2014

255.50

1,96,39,774.00

76,868

SILVERMICRO

28-02-2014

43970.00

3,16,33,77,680.00

71,944

CRUDE OIL

20-01-2014

5711.00

29,04,84,304.00

50,864

SILVER M

28-02-2014

43966.00

1,76,50,59,036.00

40,146

COPPER

28-02-2014

455.60

1,30,76,631.20

28,702

COPPERMINI

28-02-2014

455.65

92,82,957.45

20,373

SILVER

05-03-2014

43950.00

88,79,65,800.00

20,204

LEADMINI

31-01-2014

129.80

21,91,673.00

16,885

GOLD

05-02-2014

28811.00

39,78,79,910.00

13,810

GOLD M

05-02-2014

28950.00

39,36,62,100.00

13,598

YOUR MINTVISORY

Call us at +91-731-6642300


COMMODITY BUZZ AND ECONOMIC EVENTS 10th JANUARY 2014

COMMODITY BUZZ :

SPECIAL NEWS : 

Gold futures rose on Thursday after bargain hunters snapped up nicely-priced positions in the yellow metal, especially after uncertainty over Friday's jobs report softened the dollar, which trades inversely with the yellow metal. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1,228.00 a troy ounce during U.S. trading, up 0.20%, up from a session low of USD1,223.10 and off a high of 1,230.60. The February contract settled down 0.33% at USD1,225.50.

MCX Silver prices gained around 0.1 percent touching an intra-day high of Rs.44218/kg till 4:00pm IST. Base metals pack on the LME traded on a negative note on the back of unfavorable economic data from the biggest consumer, China. Also, heightened fears of further QE taper after the minutes of the FOMC meeting were released yesterday exerted downside pressure on prices. However, decline in LME inventories coupled with weakness in the DX restricted sharp negative movement in prices.

YOUR MINTVISORY

MCX GOLDPETAL January contract was trading at Rs 2939 down Rs 3, or 0.10 percent. The GOLDPETAL rate touched an intraday high of Rs 2949 and an intraday low of Rs 2936. So far 3113 contracts have been traded. GOLDPETAL prices have moved down Rs 68, or 2.26 percent in the January series so far. MCX GOLDPETAL February contract was trading at Rs 2907 down Rs 3, or 0.10 percent. The GOLDPETAL rate touched an intraday high of Rs 2915 and an intraday low of Rs 2905. So far 1101 contracts have been traded. GOLDPETAL prices have moved down Rs 58, or 1.96 percent in the February series so far.

The Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1,225.80 a troy ounce during European morning trade, up 0.02%. Gold prices held in a tight range between USD1,223.50 a troy ounce and USD1,227.40 a troy ounce. The February contract settled 0.33% lower on Wednesday to end at USD1,225.50 a troy ounce. Futures were likely to find support at USD1,212.60 a troy ounce, the low from January 6 and resistance at USD1,244.70, the high from January 7.

Call us at +91-731-6642300


EPIC RESEARCH– ANALYST SPEAKS 10th JANUARY 2014

SILVER MCX:

MCX SILVER march contract was closed at RS 44124 UP Rs 255, or 0.58 percent. The SILVER rate touched an intraday high of Rs 44254 and an intraday low of Rs 43680. So far 22527 contracts have 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 43680 . After evening Have seen more selling in silver and it will helpful to break the nearest support 43650 BUY SILVER ABOVE 44260 TGTS 44460/44760 SL 43860 SELL SILVER BELOW 43650 TGTS 43450/43150 SL 44050

YOUR MINTVISORY

Call us at +91-731-6642300


EPIC RESEARCH– ANALYST SPEAKS 10th JANUARY 2014

GOLD MCX:

MCX GOLD February contract was closed at Rs 28862 UP 66 Rs , or0.23 percent. The GOLD rate touched an intraday high of Rs 28912 and an intraday low of Rs 28712. So far 15040 contracts have been traded. Gold Price is taking support at 28700 trade in sideways big range all day. In evening session gold price have breached the nearest support 28800 and made low of 28717 BUY GOLD ABOVE 28900 TGTS 28980/29080 SL 28780 SELL GOLD BELOW 28690 TGTS 28610/28510 SL 28800

YOUR MINTVISORY

Call us at +91-731-6642300


TODAY’S ECONOMIC EVENTS 10th JANUARY 2014

Time

Counrty

Event

Actual Forecast

Previous

10 JANUARY 6:00

AUD

BUILDING APPROVALS (MOM)

-1.5%

-1.0%

-1.6%

06:00

AUD

RETAIL SALES (MOM)

0.7%

0.3%

0.5%

07:00

CNY

CHINESE CPI (MOM)

0.3%

0.4%

-0.1%

07:00

CNY

CHINESE CPI (YOY)

2.5%

2.7%

3.0%

07:00

CNY

CHINESE PPI (YOY)

-1.4%

-1.3%

-1.4%

15:00

GBP

TRADE BALANCE

-9.44B

-9.45B

-9.65B

17:30

GBP

BOE QE TOTAL

375B

375B

375B

17:30

GBP

INTEREST RATE DECISION

0.50%

0.50%

0.50%

18:15

EUR

INTEREST RATE DECISION

0.25%

0.25%

0.25%

18:45

CAD

HOUSING STARTS

189.7K

190.0K

197.8K

19:00

CAD

BUILDING PERMITS (MOM)

-6.7%

-3.0%

8.0%

19:00

EUR

ECB PRESIDENT DRAGHI SPEAKS

19:00

USD

INITIAL JOBLESS CLAIMS

330K

335K

345K

19:30

MXN

MEXICAN CPI (YOY)

3.97%

3.91%

3.62%

YOUR MINTVISORY

Call us at +91-731-6642300


DISCLAIMER 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 responsibility (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 up on 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, and encourages 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 estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for. Any surfing and reading of the 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 any financial 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 our calls 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.

YOUR MINTVISORY

Call us at +91-731-6642300

Daily commodity report 10 jan 2014 by epic research  

Epic Research adopts multiple ways to analyze the markets and statistics to follow economic trends. Epic also provides daily market updates...

Read more
Read more
Similar to
Popular now
Just for you