Copy of Copy of Daily News Report 9 Feb 13

8/12/2019 Copy of Copy of Daily News Report 9 Feb 13

1/4

Daily News Report

FEB 9, 2013

BULLIONS & BASE METALS

PRODUCT EXPIRY OPEN HIGH LOW LTP PCP %CHG VOLUME

GOLD 5-Apr-13 30790 30841 30725 30795 30796 0.00% 26019

SILVER 5-Mar-13 58114 58425 57966 58212 58041 0.29% 45686

CRUDEOIL 19-Feb-13 5137 5175 5125 5144 5133 0.21% 185597

COPPER 28-Feb-13 441.8 446.75 441.8 446.5 441.4 1.16% 84943

ALUMINIUM 28-Feb-13 111.65 112.7 111.45 112.6 111.4 1.08% 12090

NICKEL 28-Feb-13 974 987.9 974 984.1 972 1.24% 49764

LEAD 28-Feb-13 129.3 130.4 129.05 130.15 129.05 0.85% 30139

ZINC 28-Feb-13 115.3 118 115.2 117.8 114.95 2.48% 39589

Gold prices are trading just below unchanged levels in the early going Friday. The goldand silver markets showed little reaction to some fresh, upbeat Chinese economic data

released Friday. Euro came down along with gold, but there has not been any movementso far as gold is steady and a weaker rupee kept the prices supported.

The Reserve Bank of India (RBI) directed state and central co-operative banks not togrant loans for purchase of gold in any form in order to check the significant rise inimport of the precious metal in recent years.

Base metals were higher on Friday on the MCX, lifted by broadly constructive Chineseeconomic releases earlier, and shrugging off rising inventories, with Copper and

Aluminium posting notable jumps.

Crude oil also surged up 0.21% on Friday as again due to the Chinas robust trade datastrengthening its demand and also the concern among the traders related to the oils

supply because of the rising tension in West Asia.


2/4

OIL & OIL SEEDS

Edible oil prices ruled steady on Friday as stockists kept away from fresh bet due to easein local demands.

In future markets, sentiments remained weak as market participants were waiting for USDepartment of Agriculture (USDA) monthly supply and demand reports.

Trading in spot edible oils was closed due to sudden demise of a leading trader. On the NCDEX Refined Soya Oil March closed at 707.30 Rs/10 Kg from 706.30 Rs/10

Kg (up by 0.1%). Prices may go down further due to weak trend in global market.

Soyabean futures were up on increase buying. Soyabean March closed at 3283 Rs/quintalfrom 3263 Rs/quintal (up by 0.6%).

On the NCDEX, Cotton seed oil cake March contracts remained same at 1326 Rs/quintalon Friday. Price remained stable as trader awaits USDA report.

New arrivals of Rapeseed started in Rajasthan and Gujarat. There is positive outlook forRabi oilseed crop. On the NCDEX Mustard seed April contracts ruled at 3407 Rs/quintal

from 3427 Rs/quintal on Friday (down by -0.6%).

Castorseed on Friday closed lower at 3538 Rs/quintal from 3605 Rs/quintal (down by -1.9%).Selling pressure in the line with weak physical markets affected the trade. Profit

booking by speculators driven by weak spot market amid increased arrivals also triggered

the downtrend.

MCX Cpo Feb closed at451.80 Rs/10 Kg from 451.30 Rs/10 Kg (up by 0.1%). Pricesmay go down as Malaysia has 2.6 million tonnes of Crude Palm Oil in its inventory and

the government is looking at different ways to reducing it.

PRODUCT EXPIRY OPEN HIGH LOW LTP PCP %CHG VOL

RSO 20-Mar-13 704.40 710.50 703.20 707.20 706.30 0.1% 124670

COCUDAKL 20-Mar-13 1,322.00 1,329.00 1,312.00 1,326.00 1,326.00 0.0% 75130

RMSEED 19-Apr-13 3,420.00 3,428.00 3,394.00 3,407.00 3,427.00 -0.6% 49110

CASTORSEED 20-Mar-13 3,599.00 3,611.00 3,510.00 3,538.00 3,605.00 -1.9% 61560

SOYABEAN 20-Mar-13 3,267.00 3,287.50 3,263.50 3,283.50 3,263.00 0.6% 75050

CPO 28-Feb-13 451.80 452.70 448.90 451.80 451.30 0.1% 2234


3/4


4/4

Contact Details:

Navjeevan Trade & Commodities Pvt. Ltd.

S-177, Second floor Hawares Fantasia Business Park Plot-47, sector-30A opp. Vashi Railway

station, Vashi-400703, Navi Mumbai.

Contact No.-022-65055550

DISCLAIMER

This report is neither an offer nor a solicitation to purchase or sell Commodities. The information

and views expressed herein are believed to be reliable, but no responsibility (or liability) is

accepted for errors of fact or opinion. Writers and contributors may be trading in or have

positions in the Commodities mentioned in their articles. None of the contributors accepts any

liability arising out of the above information/articles. Reproduction in whole or in part without

written permission is prohibited. This report is for private circulation.

Documents

Copy of Copy of Daily News Report 9 Feb 13