daily commodity report 13-feb-2014.by epic research

8/13/2019 Daily Commodity Report 13-Feb-2014.by EpIC RESEARCH

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13thFEBRUARY

DAILY COMMODITY REPORT

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COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE CHANGE OI (in lots)GOLD 05 APR 2014 29070.00 29134.00 29006.00 29104.00 0.05 10548

SILVER 05 MAR 2014 44558.00 44899.00 44523.00 44700.00 0.28 12560

CRUDE 19 FEB 2014 6232.00 6280.00 6205.00 6215.00 -0.08 12533

NATURAL GAS 25 FEB 2014 298.60 311.70 296.60 295.90 3.82 10615

COPPER 28 FEB 2014 442.50 446.25 442.50 441.90 0.79 10297

NICKEL 28 FEB 2014 882.40 894.70 882.40 879.40 1.18 4907

LEAD 28 FEB 2014 131.00 132.15 130.50 130.90 0.15 3728

ZINC 28 FEB 2014 124.80 125.75 124.75 124.65 0.56 2598

ALUMINIUM 28 FEB 2014 104.75 105.90 104.75 104.60 8.76 4165

DAILY MARKET WRAPUP

METAL TONNES IN STORAGEALUMINIUM -10150

COPPER -1775

LEAD -500

NICKEL +1530

ZINC -5125

LME WAREHOUSE STOCKS (12-FEB- 2014)


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COMMODITY UNITS PRICE CHANGE CHANGE CONTRACTCRUDE OIL (WTI) USD/BBL. 100.19 -0.18 -0.18% MAR 14

CRUDE OIL (BRENT) USD/BBL. 108.71 -0.08 -0.07% MAR 14

RBOB GASOLINE USD/GAL. 276.18 -0.13 -0.05% MAR 14

NYMEX NATURAL GAS USD/MMBTU 4.86 +0.03 +0.71% MAR 14

NYMEX HEATING OIL USD/GAL. 301.61 -1.20 -0.40% MAR 14

COMMODITY UNITS PRICE CHANGE CHANGE CONTRACTCOMEX GOLD USD/T OZ. 1,292.00 -3.00 -0.23% APR 14

GOLD SPOT USD/T OZ. 1,291.90 +0.75 +0.06% N/A

COMEX SILVER USD/T OZ. 20.26 -0.08 -0.40% MAR 14

COMEX COPPER USD/LB. 325.20 -0.40 -0.12% MAR 14

PLATINUM SPOT USD/T OZ. 1,407.38 +0.44 +0.01% N/A

INTERNATIONAL MARKETS

ENERGY COMMODITY FUTURES

PRECIOUS AND INDUSTRY METALS


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COMMODITY EXPIRY SUP.3 SUP.2 SUP.1 PIVOT RES.1

ALUMINIUM 28-Feb 104.20 104.80 105.35 105.95 106.50

COPPER 28-Feb 441.12 443.48 444.87 447.23 448.62

CRUDEOIL 19-Feb 6160 6190 6235 6265 6310

GOLD 5-Apr 28945 29039 29099 29193 29253

LEAD 28-Feb 129.60 130.35 131.25 132.00 132.90

NATURALGAS 25-Feb 290.43 299.37 305.53 314.47 320.63NICKEL 28-Feb 876.6 883.2 888.9 895.5 901.2

SILVER 5-Mar 44378 44608 44754 44984 45130

ZINC 28-Feb 124.33 124.97 125.38 126.02 126.43

INTRADAY SUPPORT AND RESISTANCE


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MOST ACTIVE CONTRACTS

Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots)NATURAL GAS 25-02-2014 307.20 3,59,58,681.60 1,17,053

CRUDE OIL 19-02-2014 6210.00 35,12,18,970.00 56,557

SILVERMICRO 28-02-2014 44834.00 2,37,83,09,198.00 53,047

SILVER M 28-02-2014 44834.00 1,24,57,57,524.00 27,786

COPPER 28-02-2014 445.40 94,91,919.40 21,311

LEADMINI 28-02-2014 131.10 26,75,882.10 20,411

NICKEL 28-02-2014 889.80 1,76,51,852.40 19,838

NICKELMINI 28-02-2014 889.80 1,54,60,275.00 17,375

COPPERMINI 28-02-2014 445.50 70,91,914.50 15,919

SILVER 05-03-2014 44823.00 57,50,79,090.00 12,830
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TODAY,S COMMODITY NEWS

COMMODITY HEADLINESGold futures down on weak global cues, profit-booking

Investors find diamond solitaire safe bet, price up 37% in a year

Gold hits two-month high on global cue

Zinc up by 0.2% on overseas cues

Aluminium edged higher by 0.4%

Nickel up by 0.6% on firm demand

Price fall hits agri exports

Bengal potato output likely to be 15% lower

Thailand interested in importing rice-bran oil from India

OPEC crude price lowest in 14 weeks

Oil outlook bleak, gas prices to be firm

Oil prices mixed ahead of US jobs release

Mentha oil gains by 0.5% on strong demand

Fertiliser makers wary of gas price rise

Textile sector on cusp of revival


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SPECIAL NEWS

China's crude oil imports advanced 11.9% year-on-year to arecord 28.16 million tons, or 6.66 million barrels a day (bpd)

in January, according to the latest data released by the Gen-

eral Administration of Customs. The country's imports ad-

vanced 5.1% in January from the previous record of 26.78

million tons or 6.33 million bpd in December China's gold

consumption for the first time exceeded 1,000 tons to reach

1,176.4 tons in 2013 from 832.2 tons a year earlier, a year-on-

year increase of 41.4%, according to the latest data released by

the China Gold Association (CGA)

Grain production in Brazil is expected to reach 193.6 million

tons in 2013-14, an increase of 3.6% compared to the previous

harvest of 186.9 million tons, the 5th Survey of Grain Crop

2013/2014 released by the National Supply Company (Conab)

showed on Tuesday. The total area allocated to grain produc-tion is expected to reach 55 million hectares, which repre-

sents an increase of 3.2% compared to the area of 53.26 mil-

lion hectares in the 2012/2013 harvest. US cotton producers

intend to plant 11.26 million acres of cotton this spring, up

8.2% from 2013,

COMMODITY BUZZMCX Gold futures eased from its highs as the global prices

witnessed some correction from its three-month highs.COMEX Gold has been rallying in last few weeks on excel-

lent buying support after a massive correction in the last

year. However, as the prices edged up towards the $1300

per ounce levels, traders are beginning to sell some of their

longs to book profits. That's precisely what pulled the fu-

tures lower today and the commodity is quoting at

$1287.20, down $2.60 per ounce on the day. MCX Gold fu-

tures are trading at Rs 29045, down Rs 59 per 10 grams onthe day with 5.64% increase in the open interest.

Copper prices got underpinned by rise of unwrought Copper

imports of China. That also overcome the fear of COT re-

port showing increase of short positions by money manag-

ers. The recent set of data from China General Administra-

tion of Customs showed that unwrought Copper and Copper

products imports increased by 53% in January to 536000tonnes from the corresponding period last year. The trade

data from China also showed a rise of 10 imports from Janu-

ary 2014. Export from China increased by 10.6% in January.

Buyers took advantage of cheaper processing costs and were

spurred by a lack of available copper scrap,

COMMODITY BUZZ AND ECONOMIC EVENTS


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EPIC RESEARCHANALYST SPEAKS

CASTORSEED

Castorseed Mar looking sideways to bearish in daily chart. Momentum indicators also support bearishness,

recommending sell on high. In Intraday basis having some bullishness buy allover castorseed is in downside

nearest support @ 4270 & nearest resistance @ 4370

BUY CASTORSEED MAR ABOVE 4370 TGT 4400,4450 SL 4320

SELL CASTORSEED MAR BELOW 4270 TGT 4240,4190 SL 4320

RESISTANCE 1 4357.7

RESISTANCE 2 4410.3

PIVOT 4319.3

SUPPORT 1 4266.7

SUPPORT 2 4228.3


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EPIC RESEARCHANALYST SPEAKS

DHANIYA

Daily chart of Dhaniya Apr shows bullishness and it will continue its rally from nearest support level to upper side.

Fundamentally also Dhaniya is in bullish trend. Recommending buy on dips, momentum RSI indicates bullishness,

Immediate support @ 9250 and immediate resistance @ 9430.

BUY DHANIYA APR ABOVE 9430 TGT 9460,9510 SL 9380

SELL DHANIYA APR BELOW 9250 TGT 9220,9170 SL 9290

RESISTANCE 1 9391.7

RESISTANCE 2 9494.3

PIVOT 9321.3

SUPPORT 1 9213.7

SUPPORT 2 9148.3


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THURSDAY, FEBRUARY 13

TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS

00:30 USD FEDERAL BUDGET BALANCE -10.4B -27.5B 53.2B

03:00 NZD BUSINESS NZ PMI 56.2 56.4

05:31 GBP RICS HOUSE PRICE BALANCE 53% 57% 56%

06:00 AUD FULL EMPLOYMENT CHANGE -7.1K -32.1K

06:00 AUD UNEMPLOYMENT RATE 6.0% 5.8% 5.8%

13:45 CHF SWISS PPI (MOM) -0.1% 0.0%

14:30 EUR ECB MONTHLY REPORT

19:00 USD INITIAL JOBLESS CLAIMS 330K 331K

TODAYS ECONOMIC EVENTS


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daily commodity report 13-feb-2014.by epic research

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