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DAILY COMMODITY REPORT 31st DECEMBER 2013

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DAILY MARKET WRAPUP 31st DECEMBER 2013 COMMODITY

CONTRACT

OPEN PRICE

HIGH

LOW

CLOSE PRICE

%CHANGE

OI (in lots)

GOLD

05 FEB 2014

28551.00

28551.00

28331.00

28359.00

-0.59

9860

SILVER

05 MAR 2014

44825.00

44879.00

44127.00

44203.00

-0.99

10664

CRUDE

20 JAN. 2013

6248.00

6258.00

6152.00

6158.00

-0.60

9525

NATURAL GAS

28 JAN. 2013

374.30

277.90

273.60

274.50

-1.29

14570

COPPER

28 FEB 2014

468.05

469.85

466.25

466.55

-0.61

13515

NICKEL

31 DEC 2013

880.20

884.70

862.90

867.60

-1.40

3707

LEAD

31 DEC 2013

140.00

141.05

137.30

137.60

-1.22

2010

ZINC

31 DEC 2013

130.25

131.10

129.50

130.00

-0.54

2446

ALUMINIUM

31 DEC 2013

109.50

111.25

109.40

109.70

+3.24

912

LME WAREHOUSE STOCKS (30- DEC- 2013)

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METAL

TONNES IN STORAGE

ALUMINIUM

-3250

COPPER

-3500

LEAD

UNCHANGED

NICKEL

2790

TIN

-10

ZINC

-5825 Call us at +91-731-6642300


INTERNATIONAL MARKETS 31st DECEMBER 2013

PRECIOUS AND INDUSTRY METALS COMMODITY

UNITS

PRICE

CHANGE

% CHANGE

CONTRACT

COMEX GOLD

USD/T OZ.

1,197.60

-6.20

-0.52%

FEB 14

GOLD SPOT

USD/T OZ.

1,198.38

+1.81

+0.15%

N/A

COMEX SILVER

USD/T OZ.

19.48

-0.57

-2.86%

MAR 14

COMEX COPPER

USD/LB.

338.70

+0.45

+0.13%

MAR 14

PLATINUM SPOT

USD/T OZ.

1,357.00

+0.65

+0.05%

N/A

ENERGY COMMODITY FUTURES COMMODITY

UNITS

PRICE

CHANGE

% CHANGE

CONTRACT

CRUDE OIL (WTI)

USD/BBL.

99.36

+0.07

+0.07%

FEB 14

CRUDE OIL (BRENT)

USD/BBL.

111.26

+0.05

+0.04%

FEB 14

RBOB GASOLINE

USD/GAL.

279.14

-2.47

-0.88%

JAN 14

NYMEX NATURAL GAS

USD/MMBTU

4.44

+0.01

+0.32%

FEB 14

NYMEX HEATING OIL

USD/GAL.

307.72

0.00

0.00%

JAN 14

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INTRADAY SUPPORT AND RESISTANCE 31st DECEMBER 2013

COMMODITY

EXPIRY

SUP.3

SUP.2

SUP.1

PIVOT

RES.1

RES.2

RES.3

ALUMINIUM

31-JAN

108.85

109.95

110.65

111.75

112.45

113.55

114.25

COPPER

28-FEB

461.65

463.95

465.25

467.55

468.85

471.15

472.45

CRUDEOIL

20-JAN

6015

6083

6121

6189

6227

6295

6333

GOLD

5-FEB

28056

28194

28276

28414

28496

28634

28716

LEAD

31-JAN

134.12

136.43

137.72

140.03

141.32

143.63

144.92

NATURALGAS

28-JAN

268.47

271.03

272.77

275.33

277.07

279.63

281.37

NICKEL

31-JAN

846.1

858.8

867.4

880.1

888.7

901.4

910.0

SILVER

5-MAR

43175

43651

43927

44403

44679

45155

45431

ZINC

31-JAN

127.22

128.33

129.02

130.13

130.82

131.93

132.62

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MOST ACTIVE CONTRACTS 31st DECEMBER 2013

Symbol

Expiry Date

LTP

Value (In Lacs)

Volume (In Lots)

SILVERMICRO

28-02-2014

44370.00

3,25,28,97,810.00

73,313

CRUDE OIL

20-01-2014

6162.00

27,97,91,772.00

45,406

NATURAL GAS

28-01-2014

275.90

1,09,73,094.80

39,772

SILVER M

28-02-2014

44371.00

1,53,94,96,216.00

34,696

SILVER

05-03-2014

44331.00

87,54,48,588.00

19,748

LEADMINI

31-12-2013

138.00

22,64,856.00

16,412

COPPER

28-02-2014

467.15

68,32,068.75

14,625

NICKEL

31-12-2013

867.00

1,12,87,473.00

13,019

COPPERMINI

28-02-2014

467.05

53,99,098.00

11,560

LEAD

31-12-2013

138.00

14,34,096.00

10,392

GOLD

05-02-2014

28408.00

27,05,86,200.00

9,525

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COMMODITY BUZZ AND ECONOMIC EVENTS 31st DECEMBER 2013

SPECIAL NEWS : 

Mining major Vedanta Resources has restarted its mining operation in Sesa Sterlite mine. The company has asked the permission from Supreme Court to start the production of mine. The Supreme Court gave its permission to start mining operation in its order dated 18 April 2013. Nippon Steel & Sumikin Stainless Steel (NSSC), the largest stainless steel producer has settled the import prices for high carbon ferrochrome with South African producers at 126 cent/lb. CIF for the first quarter of 2014, rising by 4.6% from a quarter ago.In fact, NSSC expected South African producers to reduce prices. China exports of stainless sheets and coils totaled 170585 tons in November, up slightly by 1 .1% from a month ago. In November, the country's exports of stainless sheets coils made to Taiwan totaled 53,823 tons, decreasing by 12.2% from a month ago.

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COMMODITY BUZZ : 

Due to High consumption and rupee depreciate combined pressured Natural Gas to become top performer in energy for 2013.

The inventories of Copper maintained on LME warehouses were yet again down reaching 367450 tonnes. The inventories have been in a declining mode, mostly on account of rise in supply premiums in spot markets.

India gold and crude oil futures edged lower while copper price recorded an up-tick on Monday. Crude oil failed to get support from firm international cues and was seen trading in a narrow range. Gold futures for February delivery on India's Multi Commodity Exchange was seen trading with a loss.

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EPIC RESEARCH– ANALYST SPEAKS 31st DECEMBER 2013

SILVER MCX:

The SILVER rate touched an intraday high of Rs 44879 and an intraday low of Rs 44127. 19465 contracts had been traded. Silver

opened at morning with gap down and made day high. In mid session Silver traded in narrow range and made night low 44127 . After evening there had seen more selling pressure in Silver and it will helpful to break the nearest support 43900. BUY SILVER ABOVE 44480 TGTS 44680/44980 SL 44080 SELL SILVER BELOW 43900 TGTS 43700/43400 SL 44250

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EPIC RESEARCH– ANALYST SPEAKS 31st DECEMBER 2013

GOLD MCX:

The GOLD rate touched an intraday high of Rs 28551 and an intraday low of Rs 28331. 9367 contracts had been traded. Gold Price was taking support at 28250 and traded in sideways range all day. In evening session gold price breached the nearest support 28360 and made low of 2833. a weak trend in the overseas markets mainly put pressure on the gold prices at futures trade here. BUY GOLD ABOVE 28480 TGTS 28560/28660 SL 28380 SELL GOLD BELOW 28250 TGTS 28170/28070 SL 28350

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TODAY’S ECONOMIC EVENTS 31st DECEMBER 2013

Time

Counrty

Event

Actual

Forecast

Previous

TUESDAY, DECEMBER 31 ALL DAY

HOLIDAY

JAPAN - EXCHANGE HOLIDAY

ALL DAY

HOLIDAY

GERMANY - NEW YEAR'S EVE

ALL DAY

HOLIDAY

SWITZERLAND - NEW YEAR'S DAY

ALL DAY

HOLIDAY

DENMARK - NEW YEAR'S EVE

ALL DAY

HOLIDAY

UNITED KINGDOM - NEW YEAR'S EVE - EARLY CLOSE AT 12:30

ALL DAY

HOLIDAY

HONG KONG - NEW YEAR'S EVE - EARLY CLOSE AT 13:00

20:15

USD

CHICAGO PMI

61.0

63.0

20:30

USD

CB CONSUMER CONFIDENCE

76.0

70.4

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Daily commodity report 31 dec 2013 by epic research