Daily commodity report 25 april- 2014 by epic research

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25th APRIL 2014

DAILY COMMODITY REPORT

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25th APRIL 2014

COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in lots)

GOLD 05-Jun-14 28645 28815 28645 28790 +0.63 10188

SILVER 05-May-14 42335 42660 42335 42482 +0.58 12805

CRUDEOIL 19-May-14 6203 6266 6203 6255 +0.48 10145

NATURALGAS 25-Apr-14 288.8 292.3 288.4 291.1 +1.01 6300

COPPER 30-Apr-14 410 413.95 409.05 413.6 +0.61 15340

LEAD 30-Apr-14 131.2 132.25 130.35 130.85 -0.19 2410

NICKEL 30-Apr-14 1116.2 1129.8 1098 1125.6 +0.93 7853

ZINC 30-Apr-14 127.3 127.55 125.3 125.4 -0.91 1532

ALUMINIUM 30-Apr-14 113.55 114 112.15 112.55 -0.71 2668

DAILY MARKET WRAPUP

METAL TONNES IN STORAGE

ALUMINIUM 3400

COPPER 950

LEAD 2450

NICKEL 828

TIN 100

ZINC 6375

LME WAREHOUSE STOCKS (23-APRIL- 2014)


25th APRIL 2014

COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT

CRUDE OIL (WTI) USD/BBL. 101.98 +0.54 +0.53% JUN 14

CRUDE OIL (BRENT) USD/BBL. 110.34 +0.01 +0.01% JUN 14

RBOB GASOLINE USD/GAL. 308.35 -1.00 -0.32% MAY 14

NYMEX NATURAL GAS USD/MMBTU 4.71 0.00 +0.04% MAY 14

NYMEX HEATING OIL USD/GAL. 301.55 +3.46 +1.16% MAY 14

COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT

COMEX GOLD USD/T OZ. 1,291.90 +1.30 +0.10% JUN 14

GOLD SPOT USD/T OZ. 1,291.78 -1.58 -0.12% N/A

COMEX SILVER USD/T OZ. 19.54 +0.10 +0.52% JUL 14

COMEX COPPER USD/LB. 308.95 +5.00 +1.65% JUL 14

PLATINUM SPOT USD/T OZ. 1,413.00 -0.69 -0.05% N/A

INTERNATIONAL MARKETS

ENERGY COMMODITY FUTURES

PRECIOUS AND INDUSTRY METALS


25th APRIL 2014

MOST ACTIVE CONTRACTS

Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots)

CRUDE OIL 19-05-2014 6255.00 34,82,09,595.00 55,669

NICKEL 30-04-2014 1125.50 5,42,18,711.50 48,173

SILVERMICRO 30-04-2014 42500.00 1,82,55,87,500.00 42,955

NICKELMINI 30-04-2014 1125.40 3,95,67,938.60 35,159

COPPER 30-04-2014 413.50 1,44,33,631.00 34,906

NATURAL GAS 25-04-2014 291.00 80,61,282.00 27,702

COPPERMINI 30-04-2014 413.50 1,11,60,365.00 26,990

SILVER M 30-04-2014 42508.00 93,66,21,272.00 22,034

LEADMINI 30-04-2014 130.75 25,21,252.25 19,283

SILVER 05-05-2014 42480.00 56,85,52,320.00 13,384


25th APRIL 2014

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

ALUMINIUM 30-APR 111.05 111.80 112.90 113.65 114.75

COPPER 30-APR 407.30 410.45 412.20 415.35 417.10

CRUDEOIL 19-MAY 6178 6217 6241 6280 6304

GOLD 5-JUN 28580 28685 28750 28855 28920

LEAD 30-APR 129.25 130.05 131.15 131.95 133.05

NATURALGAS 25-APR 286.70 288.90 290.60 292.80 294.50

NICKEL 30-APR 1086.0 1105.8 1117.8 1137.6 1149.6

SILVER 5-MAY 42167 42325 42492 42650 42817

ZINC 30-APR 123.83 124.62 126.08 126.87 128.33

INTRADAY SUPPORT AND RESISTANCE


25th APRIL 2014

TODAY,S COMMODITY NEWS

COMMODITY HEADLINES

219 kg of gold seized from Kerala airports in one year

Gold, silver rise on seasonal demand, global cues.

219 kg of gold seized from Kerala airports in one year

Silver down 0.1% in futures trade, tracking global cues..

SC ruling on Goa mining may hurt 19 Odisha mines.

Iron ore exports up 2% in FY14; to grow at healthy rate in FY15.

India produces 7.25 MT steel in March: WSA.

Potato prices spurt as bad weather threatens output.

India may lose top rice exporter spot to Thailand.

Bengal may see 25% higher summer rice crop.

Mangoes will not be sweet for common man this time around.

Oil prices rise ahead of US stockpiles report.

Oil prices ease in Asian trade.

Mentha oil up 0.4% on pick-up in demand.

Lower prices pushed coking coal import up 18% in FY14.

Pepper prices flare as output douses 40%.


25th APRIL 2014

SPECIAL NEWS

Iron ore exports, which declined from over $7 bn per annum to

$1.69 bn in 2013-14, are expected to get a big boost following Su-

preme Court's order to lift mining restrictions in Goa.

Australian Bureau of Statistics reported today that Australia's CPI

surged 0.6% in the March quarter 2014, compared with a rise of

0.8% in the December quarter 2013. The CPI rose 2.9% through

the year to the March quarter 2014, compared with a rise of 2.7%

through the year to the December quarter 2013.

German private sector companies reported solid activity growth

at the startof the second quarter, as highlighted by the Markit

Flash Germany composite output index rising from 54.3 in March

to 56.3. The latest reading was the second highest in nearly three

years and stretched the current period of growth to 12 months.

Survey participants commented that an improved economic envi-

ronment and increased order intakes were the main contributors

to the latest expansion.

Growth of business activity in the euro area economy accelerated

to itsfastest for just under three years in April, leading to a return

to job creationacross the region. The Markit Euro zone PMI com-

posite output index rose from53.1 in March to 54.0 in April,.

COMMODITY BUZZ

Gold prices rose by Rs 190 to Rs 30,440 per ten grams at the bul-

lion market today following sustained buying by stockists on

pick-up in seasonal demand amid firm global trend. Silver also

rose by Rs 470 to Rs 43,300 per kg on increased offtake by in-

dustrial units and coin makers. Bullion merchants said sustained

buying by stockists on the back of pick-up in seasonal demand

and a firm global trend mainly led to the rise in gold and silver

prices.

Tracking positive Asian cues and a pick-up in spot demand, cop-

per futures rose marginally by 0.11% to Rs 413.85 per kg. At the

MCX, copper for delivery in June rose by 45 paise, or 0.11%, to

Rs 413.85 per kg, with a turnover of 363 lots. In Asian trade,

copper futures for delivery in July added 0.5% to 46,660 yuan

($7,478) a tonne in Shang.

Amid a firm global trend and better domestic demand, zinc fu-

tures rose by 0.47% to Rs 127.15 per kg. At the MCX, zinc for

delivery in April edged up by 60 paise, or 0.47%, to Rs 127.15

per kg, with a business turnover of 64 lots. Likewise, the metal

for delivery in May traded higher by 55 paise, or 0.43%, to Rs

128.15 per kg in a turnover of 36 lots. Besides improved demand

in the spot market, firming trend in copper and other base met-

als overseas mainly led to rise in zinc prices at futures trade.

COMMODITY BUZZ AND ECONOMIC EVENTS


25th APRIL 2014

EPIC RESEARCH– ANALYST SPEAKS

SILVER

SILVER MCX Short term trend is UP. Immediate support @ 42400. Immediate Resistance @ 42700. Yesterday SILVER MCX Closed

@ 42482. Yesterday Intraday Range of SILVER MCX was 325.Open Interest was DOWN 0.08%, Volumes were 12970 lots.

For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements.

BUY SILVER(MAY) ABOVE 42700 TGTS 42900/43100 SL 42380

SELL SILVER(MAY) BELOW 42390 TGTS 42190/41840 SL 42700


25th APRIL 2014


GOLD

GOLD MCX Short term trend is UP. Immediate support @ 28700. Immediate Resistance @ 28850. Yesterday GOLD MCX Closed

@ 28790. Yesterday Intraday Range of GOLD MCX was 144. Open Interest was UP+ 6.60%, Volumes were 10995 lots. For today

Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements.

BUY GOLD(JUN) ABOVE 28850 TGTS 28930/29030 SL 28730

SELL GOLD(JUN) BELOW 28620 TGTS 28540/28440 SL 28720


25th APRIL 2014


DHANIYA

Dhaniya daily chart, this is third time dhaniya price respect 9770 resistance. yesterdays again sharp selling we have saw from

this resistance however trend is bullish. but we can see some selling pressure in up coming trading session

Immediate support @ 9450 & Immediate resistance @ 9550.

BUY DHANIYA ABOVE 9550 TGTS 9580,9630 SL 9500

SELL DHANIYA BELOW 9450 TGTS 9420,9370 SL 9500

RESISTANCE 2 9838

RESISTANCE 1 9675

PIVOT 9480

SUPPORT 1 9385

SUPPORT 2 9258


25th APRIL 2014


GUARSEED

Guarseed may daily chart breaks consolidation in upper side. expecting from here onwards guar seed price may go up

Momentum indicators RSI is in overbought zone signs bullishness.

In intraday basis immediate support @ 5030 & immediate resistance @ 5090.

BUY GUARSEED ABOVE 5090 TGTS 5120,5170 SL 5040

SELL GUARSEED BELOW 5030 TGTS 5000,4950 SL 5080

RESISTANCE 2 5295

RESISTANCE 1 5180

PIVOT 5070

SUPPORT 1 4985

SUPPORT 2 4905


25th APRIL 2014

FRIDAY, APRIL 25

TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS

ALL DAY HOLIDAY AUSTRALIA - ANZAC DAY

ALL DAY HOLIDAY NEW ZEALAND - ANZAC DAY

05:00 JPY NATIONAL CORE CPI (YOY) 1.4% 1.3%

05:00 JPY TOKYO CORE CPI (YOY) 2.8% 1.0%

14:00 GBP BBA MORTGAGE APPROVALS 48.9K 47.6K

14:00 GBP CORE RETAIL SALES (MOM) -0.5% 1.8%

14:00 GBP CORE RETAIL SALES (YOY) 4.3% 4.2%

14:00 GBP RETAIL SALES (MOM) -0.4% 1.7%

14:00 GBP RETAIL SALES (YOY) 3.8% 3.7%

19:25 USD MICHIGAN CONSUMER EXPECTATIONS 73.7 73.3

19:25 USD MICHIGAN CONSUMER SENTIMENT 83.0 82.6

19:30 MXN MEXICAN INTEREST RATE DECISION 3.50% 3.50%

TODAY’S ECONOMIC EVENTS


25th APRIL 2014

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Daily commodity report 25 april- 2014 by epic research