Page 1

I Prateekj16

RESEARCH VIA

18july

DAILY COMMODITY REPORT

2817.05.2013


Precious Metals G

SILVER

GOLD

D A I L Y

B U Z Z

Rolling down mcx gold prices dropped to one-month low by losing Rs 500 to Rs 26,800 per 10 grams in the national capital today on heavy selling by stockists driven by weak global trend. This fall was in continuation to a steep fall of Rs 600 yesterday to hit a level last seen on April 17, after the metal tumbled in overseas markets driven by reports investors cutting their holdings. MCX Gold in Singapore, which normally sets the price trend on the domestic front, dropped by 0.4 per cent to USD 1,387.30 an ounce, the cheapest since April 19. MCX Silver also plunged by Rs 1,000 to Rs 43,700 per kg on poor offtake by industrial units and coin makers. On the domestic front, gold of 99.9 and 99.5 per cent purity plunged further by Rs 500 each to Rs 26,800 and Rs 26,600 per 10 grams, respectively. Sovereigns also dropped by Rs 300 to Rs 23,700 per piece of eight grams. Silver ready dropped by Rs 1000 to Rs 43,700 per kg and weekly-based delivery by Rs 940 to Rs 43,940 per kg. Silver coins too tumbled by Rs 1000 to 74,000 for buying and Rs 75,000 for selling of 100 pieces.


Base Metals & Energy COPPER

-

PAGE 1

D A I L Y

CRUDE OIL

B U Z Z

Lead prices shed 0.27 per cent to Rs 108.20 per kg in futures trading today, tracking a weak trend overseas amid sluggish demand from battery-makers in the spot market. At the Multi Commodity exchange, lead for delivery in June declined 30 paise, or 0.27 per cent, to Rs 108.20 per kg in business turnover of 83 lots. Similarly, the metal for delivery in the May was down 25 paise, or 0.23 per cent, to Rs 107.60 per kg in 1,424 lots. Zinc futures prices today edged up by 0.10 per cent to Rs 101.40 per kg amid a firm global trend, as speculators enlarged positions. At the Multi Commodity Exchange, zinc for delivery in June up by 10 paise, or 0.10 per cent, to Rs 101.40 per kg, with a business turnover of 25 lots. The metal for delivery in May gained 5 paise, or 0.05 per cent to Rs 100.25 per kg, with a business turnover of 602 lots.


Agro Outlook DHANIYA

CHANA

DHANIYA

D A I L Y

B U Z Z

Coriander prices fell by Rs 78 to Rs 6,770 per quintal in futures trade today as speculators reduced their positions on sluggish spot demand. The sentiment also weakened following adequate stocks availability in the physical market. At the Multi Commodity Exchange, coriander for delivery in June fell by Rs 78, or 1.13 per cent, to Rs 6,770 per quintal with open interest of 27,980 lots. The spice of May delivery declined by Rs 50, or 0.73 per cent to Rs 6,766 per quintal in open interest of 1,250 lots. Turmeric prices declined by 0.48 per cent to Rs 5,806 per quintal in futures trade today as speculators trimmed their positions, triggered by increased supplies from the new season crop in the spot markets Besides, subdued export demand also weighed on the Turmeric prices. At the National Commodity and Derivatives Exchange, turmeric for delivery in June fell Rs 28, or 0.48 per cent, to Rs 5,806 per quintal with an open interest of 24,830 lots. Similarly, the spice for delivery in far-month July traded Rs 22, or 0.37 per cent lower at Rs 5,910 per quintal, with an open interest of 8,370 lots.


Market Statistics M ETALS & ENERGY COMMODITY

CLOSING PRICE

TREND

S2

S1

PIVOT POINT

R1

R2

GOLD

26131

DOWN

25709

25920

26071

26282

26433

SILVER

43262

DOWN

41875

42568

42975

43668

44075

CRUDE OIL

5209

UP

5079

5144

5183

5248

5287

COPPER

400.50

UP

389.70

395.10

398.45

403.85

407.20

NICKEL

815.00

DOWN

807.40

811.20

815.40

819.20

823.40

NATURAL GAS

215.50

DOWN

207.77

211.63

218.17

222.03

228.57

LEAD

109.15

UP

105.98

107.57

108.43

110.02

110.88

ZINC

99.45

UP

98.08

98.77

99.33

100.02

100.58

ALLUMINIUM

100.65

UP

99.12

99.88

100.32

101.08

101.52

COMMODITY

CHANA JEERA

CLOSING PRICE

3459 13347.5

TREND

S2

S1

PIVOT POINT

R1

R2

UP

3413

3436

3448

3471

3483

DOWN

13133

13240

13313

13420

13493

RM SEED

3541

UP

3488

3514

3532

3558

3576

PEPPER

35495

DOWN

35158

35327

35663

35832

36168

SOYA REF OIL

698.5

UP

695.40

696.95

699.05

700.60

702.70

SOYBEAN

3896

DOWN

3841

3869

3906

3934

3971

TURMERIC

6026

UP

5679

5853

5939

6113

6199


Country

Data/Event

Previous

Forecast

Time of Release (IST)

USD

Prelim UoM Consumer Sentiment

76.4

77.9

7.25 P.M

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