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1. I
Prateekj16
18july
DAILY COMMODITY REPORT
2816.05.2013
RESEARCH VIA

2. S I L V E R
G
G O L D
D A I L Y B U Z Z
Precious Metals
MCX Gold today witnessed its second biggest loss this year of Rs 600 to Rs 27,300 per 10
grams due to reduced offtake amid weak global trend.
Silver prices followed suit and dropped by a massive Rs 800 to Rs 44,700 per kg on reduced
offtake by jewellers and industrial units.
This is gold's second biggest fall this year since since April 15, when it had plunged by Rs 1,160
to Rs 26,640 per 10 grams.
Besides, shifting of funds from weakening bullion to rising equity also influenced the precious
metals.
On the domestic front, mcx gold of 99.9 and 99.5 per cent purity tumbled by Rs 600 each to
Rs 27,300 and Rs 27,100 per 10 grams, respectively, after surging Rs 380 each in yesterday.
Sovereigns, however, held steady at Rs 24,000 per piece of eight grams in scattered deals.
In a similar fashion, mcx silver ready plunged by Rs 800 to Rs 44,700 per kg and weekly-
based delivery by Rs 930 to Rs 43,940 per kg.However, silver coins continued to be asked
around previous level of Rs 75,000 for buying and Rs 76,000 for selling of 100 pieces.

3. -C O P P E R
C R U D E O I L
Base Metals & Energy
D A I L Y B U Z Z
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.
Brent futures slipped towards $102 a barrel on Wednesday on concerns about rising supplies from the
United States and a bleak outlook for global demand growth.
Brent is down some 14 percent from its 2013 peak as China demand weakens and US stockpiles touch
record levels, while the latest International Energy Agency (IEA) report on rising US shale oil
production further dampened sentiment. Oil has also faced pressure from a stronger US dollar in the
last few sessions.
Brent crude slipped 20 cents to $102.40 a barrel by 0632 GMT, after settling 22 cents lower. US oil fell
12 cents to $94.09, declining for a fifth straight day, matching a similar losing streak in December.
Prices were also under pressure from the latest data out of Europe that showed Germany narrowly
skirted a recession in the first quarter.
PAGE 1

4. CHANA DHANIYA
DHANIYA
Agro Outlook
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.

5. COMMODITY CLOSING PRICE TREND S2 S1
PIVOT
POINT
R1 R2
GOLD
26310 DOWN 25885 26097 26401 26613 26917
SILVER
43314 DOWN 42079 42696 43568 44185 45057
CRUDE OIL
5160 DOWN 5015 5087 5137 5209 5259
COPPER
397.40 DOWN 389.27 393.33 396.67 400.73 404.07
NICKEL
816.30 DOWN 803.37 809.83 819.57 826.03 835.77
NATURAL GAS
222.70 DOWN 217.50 220.10 221.90 224.50 226.30
LEAD
107.85 UP 105.85 106.85 107.60 108.60 109.35
ZINC
99.45 UP 97.45 98.45 99.50 100.50 101.55
ALLUMINIUM
100.20 UP 98.00 99.10 100.20 101.30 102.40
COMMODITY CLOSING PRICE TREND S2 S1 PIVOT
POINT
R1 R2
CHANA 3423 UP 3380 3401 3420 3441 3460
JEERA 13182.5 DOWN 13068 13125 13188 13245 13308
RM SEED 3513 UP 3482 3497 3507 3522 3532
PEPPER 35805 DOWN 35608 35707 35903 36002 36198
SOYA REF OIL 697 UP 692.40 694.70 696.50 698.80 700.60
SOYBEAN 3927 DOWN 3894 3910 3928 3944 3962
TURMERIC 5784 UP 5679 5731 5805 5857 5931
M E T A L S & E N E R G Y
Market Statistics

6. Country Data/Event Previous Forecast Time of Release (IST)
USD Building Permits 0.91M 0.94M 6.00 P.M
USD Core CPI m/m 0.1% 0.2% 6.00 P.M
USD Unemployment Claims 323K 332K 6.00 P.M
USD
Philly Fed Manufacturing
Index 1.3 2.5 7.30 P.M
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