Daily commodity-report by epic research 30 jan 2013
DAILY COMMODITY REPORT 30TH JANUARY 2013WWW.EPICRESEARCH.CO +91 9752199966
HEADLINES Gold assets set for biggest monthly fall since December 2011. Gold holdings in exchangetraded products (ETP) are poised for the biggest monthly decline in more than a year as global economic recovery curbed demand for the metal. Assets contracted 0.8% so far in January, the largest decrease since December 2011, according to TRADING TIP: data compiled by Bloomberg. The holdings, which reached a record in December, dropped to a two-monthSell Copper Feb low of 2,610.272 tonne on Monday. Analysts fromAbove 438.50 Credit Suisse Group to Goldman Sachs are calling for gold to peak in 2013 after a 12-year rally as the globalTGTS-435/432 economy rebounds.SL-441 Copper Exports From Japan at 3-Year High as Local Demand Falls Copper exports surged 27 percent last year to the highest level since 2009 amid a decline in domesticBuy Nickel Feb demand as users from Sony Corp. (6758) to Toyota Motor Corp. (7203) increased production overseas.Below 953.40 Shipments climbed to 512,277 metric tons from 402,114TGTS-959/965 tons in 2011 and compared with a record 589,260 tons in 2009, according to finance ministry data today.SL- 948WWW.EPICRESEARCH.CO +91 9752199966
DisclaimerThe information and views in this report, our website & all the service we provide are believed to be reliable,but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right tochoose the product/s that suits them the most.Sincere efforts have been made to present the right investment perspective. The information containedherein is based on analysis and up on sources that we consider reliable.This material is for personal information and based upon it & takes no responsibilityThe information given herein should be treated as only factor, while making investment decision. The reportdoes not provide individually tailor-made investment advice. Epic research recommends that investorsindependently evaluate particular investments and strategies, and encourages investors to seek the advice ofa financial adviser. Epic research shall not be responsible for any transaction conducted based on theinformation given in this report, which is in violation of rules and regulations of NSE and BSE.The share price projections shown are not necessarily indicative of future price performance. The informationherein, together with all estimates and forecasts, can change without notice. Analyst or any person related toepic research might be holding positions in the stocks recommended. It is understood that anyone who isbrowsing through the site has done so at his free will and does not read any views expressed asa recommendation for which either the site or its owners or anyone can be held responsible for . Anysurfing and reading of the information is the acceptance of this disclaimer.All Rights Reserved.Investment in equity & bullion market has its own risks.We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any lossincurred whatsoever for any financial profits or loss which may arise from the recommendations aboveepic research does not purport to be an invitation or an offer to buy or sell any financial instrument. OurClients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS orReport or Any Information Provided by us to/with anyone which is received directly or indirectly by them. Iffound so then Serious Legal Actions can be taken.