Commodity report daily 22 may 2013


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Commodity report daily 22 may 2013

  1. 1. IPrateekj1618julyDAILY COMMODITY REPORT2822.05.2013RESEARCH VIA
  2. 2. S I L V E RGG O L DD A I L Y B U Z ZPrecious MetalsGold prices today jumped sharply by Rs 680 to Rs 27,050 per ten grams in the bullion markethere on heavy buying by stockists and retail customers amid a sharp rebound on the globalfront.Recovering from from a 31-month lows, mcx silver spurted by Rs 2,030 to Rs 44,200 per kg.Gold had plunged to 21-month lows in the previous session which triggered the value buying,traders said.Gold in New York, which normally sets price trend on the domestic front, spurted by 33.90dollar to 1394.10 dollar an ounce and silver by 2.96 per cent to 22.92 dollar an ounce.On the domestic front, gold of 99.9 and 99.5 per cent purity rebounded by Rs 680 each to Rs27,050 and Rs 26,850 per ten grams respectively. The metal had lost Rs 440 in last two session.Sovereign followed suit and gained Rs 200 to Rs 23,700 per piece of eight gram.In a similar fashion, silver ready spurted by Rs 2030 to Rs 44,200 per kg and weekly-baseddelivery by Rs 2205 to Rs 43,375 per kg. The metal had lost Rs 1,530 yesterday.Silver coins jump of Rs 3,000 to Rs 75,000 for buying and Rs 76,000 for selling of 100 pieces.PAGE 1
  3. 3. -C O P P E RC R U D E O I LBase Metals & EnergyD A I L Y B U Z ZCrude oil futures today fell by Rs 20, or 0.38 per cent, to Rs 5,282 per barrel, as speculatorstrimmed positions amid a weakening trend in the Asian trade.At the Multi Commodity Exchange, crude oil for delivery in June fell by Rs 20 or 0.38 percent, to Rs 5,282 per barrel in 3,367 lots.Similarly, the oil for July delivery moved down by Rs 17, or 0.32 per cent, to Rs 5,305 per barrelin 87 lots.Lead prices dropped by 0.81 per cent to Rs 110.05 per kg in futures trade today due to sluggish demandfrom battery-makers.At the Multi Commodity exchange, lead for delivery in June declined 90 paise, or 0.81 per cent, toRs 110.05 per kg in business turnover of 133 lots.The May contract dropped by 15 paise, or 0.77 per cent, to Rs 109.80 per kg in 1,945 lots.
  4. 4. CHANA DHANIYADHANIYAAgro OutlookD A I L Y B U Z ZTurmeric prices moved down by 1.27 per cent to Rs 5,920 per quintal in futures trade today inline with trends at spot markets.At the National Commodity and Derivatives Exchange, turmeric for delivery in Maymoved down by Rs 76, or 1.27 per cent to Rs 5,920 per quintal with an open interest of 315 lots.The June contract of the spice traded lower by Rs 20, or 0.33 per cent to Rs 5,960 per quintal in24,310 lots.Cardamom prices rose by 0.57 per cent to Rs 758 per kg in futures trade today as speculatorscreated fresh positions, driven by pick-up in demand at spot markets.Besides, lower arrivals from producing regions also supported the upside.At the Multi Commodity Exchange, the July contract of cardamom gained Rs 4.30, or 0.57per cent to Rs 758 per kg in business turnover of 122 lots.The spice for delivery in June edged up by 90 paise, or 0.12 per cent to Rs 727.10 per kg in 400lots.
  5. 5. COMMODITY CLOSING PRICE TREND S2 S1PIVOTPOINTR1 R2GOLD26110 UP 25586 25848 26105 26367 26624SILVER43170 UP 41851 42511 43079 43739 44307CRUDE OIL5347 UP 5298 5323 5353 5378 5408COPPER409.70 UP 403.97 406.83 410.87 413.73 417.77NICKEL830.10 UP 818.23 824.17 831.23 837.17 844.23NATURAL GAS232.70 UP 221.43 227.07 230.13 235.77 238.83LEAD112.50 UP 110.43 111.47 112.53 113.57 114.63ZINC101.15 UP 99.65 100.40 101.50 102.25 103.35ALLUMINIUM101.50 UP 100.27 100.88 101.77 102.38 103.27COMMODITY CLOSING PRICE TREND S2 S1 PIVOTPOINTR1 R2CHANA 3397 UP 3374 3386 3402 3414 3430JEERA 13280 DOWN 12977 13128 13227 13378 13477RM SEED 3512 UP 3489 3500 3514 3525 3539SOYA REF OIL 702 UP 694 698 701 705 707SOYBEAN 3920 DOWN 3894 3907 3923 3936 3952TURMERIC 5992 UP 5797 5895 5971 6069 6145M E T A L S & E N E R G YMarket Statistics
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