DAILY COMMODITY REPORT

31th JANUARY 2014

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DAILY MARKET WRAPUP

31th JANUARY 2014
COMMODITY GOLD SILVER CRUDE NATURAL GAS COPPER NICKEL LEAD ZINC ALUMINIUM CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in lots)

05 FEB 2014 05 MAR 2014 19 FEB 2014 25 FEB 2014 28 FEB 2014 31 JAN 2014 31 JAN 2014 31 JAN 2014 31 JAN 2014

29789.00 44326.00 6140.00 323.30 451.25 875.20 134.25 124.35 107.00

29820.00 44450.00 6199.00 343.80 453.85 877.90 134.55 124.60 10715

29382.00 43080.00 6133.00 318.20 446.35 861.00 130.20 122.65 105.10

29738.00 44405.00 6130.00 321.10 452.85 876.60 134.75 124.95 107.15

-1.12 -2.32 0.67 -0.22 -1.07 -1.75 -2.30 -1.28 -1.54

3972 15737 11482 16042 10689 3048 2176 1405 1510

LME WAREHOUSE STOCKS (30 JAN- 2014)

METAL
ALUMINIUM COPPER LEAD NICKEL ZINC YOUR MINTVISORY

TONNES IN STORAGE
-7000 -2600 -500 2286 -3225 Call us at +91-731-6642300

INTERNATIONAL MARKETS
31th JANUARY 2014

PRECIOUS AND INDUSTRY METALS COMMODITY

COMEX GOLD GOLD SPOT COMEX SILVER COMEX COPPER PLATINUM SPOT

UNITS
USD/T OZ. USD/T OZ. USD/T OZ. USD/LB. USD/T OZ.

PRICE
1,242.00 1,242.40 19.14 321.85 1,385.00

CHANGE
-0.50 -1.38 +0.01 -0.80 +2.62

% CHANGE
-0.04% -0.11% +0.07% -0.25% +0.19%

CONTRACT
APR 14 N/A MAR 14 MAR 14 N/A

ENERGY COMMODITY FUTURES COMMODITY

CRUDE OIL (WTI) CRUDE OIL (BRENT) RBOB GASOLINE NYMEX NATURAL GAS NYMEX HEATING OIL

UNITS
USD/BBL. USD/BBL. USD/GAL. USD/MMBTU USD/GAL.

PRICE
98.09 107.89 267.65 4.94 324.00

CHANGE
-0.14 -0.06 +1.39 -0.07 +2.30

% CHANGE
-0.14% -0.06% +0.52% -1.44% +0.71%

CONTRACT
MAR 14 MAR 14 FEB 14 MAR 14 FEB 14

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INTRADAY SUPPORT AND RESISTANCE

31th JANUARY 2014

COMMODITY

EXPIRY

SUP.3

SUP.2

SUP.1

PIVOT

RES.1

ALUMINIUM

31-JAN

105.43

106.02

106.58

107.17

1689

COPPER

28-FEB

445.38

447.42

450.13

452.17

9435

CRUDEOIL

19-FEB

5985

6021

6076

6112

9943

GOLD

5-FEB

28949

29147

29443

29641

6240

LEAD

31-JAN

131.12

131.98

133.37

134.23

2251

NATURALGAS

25-FEB

290.03

296.77

308.93

315.67

16781

NICKEL

31-JAN

858.8

867.1

871.9

880.2

3734

SILVER

5-MAR

42578

43211

43808

44441

9977

ZINC
YOUR MINTVISORY

31-JAN

122.37

123.08

124.02

124.73

1268
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MOST ACTIVE CONTRACTS

31th JANUARY 2014

Symbol
NATURAL GAS SILVERMICRO SILVER M CRUDE OIL SILVER COPPER COPPERMINI LEADMINI GOLD M GOLD

Expiry Date
25-02-2014 28-02-2014 28-02-2014 19-02-2014 05-03-2014 28-02-2014 28-02-2014 31-01-2014 05-02-2014 05-02-2014

LTP
320.40 43402.00 43402.00 6171.00 43375.00 448.00 448.05 131.65 29510.00 29405.00

Value (In Lacs)

4,85,52,775.20 5,90,41,04,266.00 2,64,50,48,086.00 34,37,86,410.00 1,49,86,93,000.00 1,29,40,032.00 93,02,862.15 22,28,176.25 44,52,76,390.00 40,73,76,870.00

Volume (In Lots)

1,51,538 1,36,033 60,943 55,710 34,552 28,884 20,763 16,925 15,089 13,854

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TODAY,S COMMODITY NEWS

31th JANUARY 2014

COMMODITY HEADLINES

Gold falls 1% as Fed taper weighs, China demand fades Gold, silver tumble on stockists' selling Silver down 0.6% on global cues, weak spot demand Copper falls 0.26% on global cues, subdued demand IEM owners face arrest over steel delivery default MCX pulls mild steel contracts Potato adds 1.5% on limited supply, high demand Castorseed futures rise further on brisk buying Cardamom surges 1.5% on strong demand Oil rebounds in Asia on bargain hunting Oil prices supported by dip in US distillate supplies

Mentha oil up 0.65% on pick up in spot demand FMC may remove daily price caps, widen position limits

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COMMODITY BUZZ AND ECONOMIC EVENTS

31th JANUARY 2014

SPECIAL NEWS

COMMODITY BUZZ

Spot gold was down 2.1 per cent at $1,242.60 an ounce at 1503 GMT, while US gold futures for February delivery were down $20 an ounce at $1,242.20. Selling accelerated as the metal broke support at $1,250 an ounce, Orders were triggered below $1,250. The Federal Reserve reducing QE3 (third programme of quantitative easing) and US Q4 GDP were positive for the dollar and the US economy in general. Wall Street also rebounded at the open on Thursday after data showed robust household spending and rising exports helped the US economy to grow 3.2 per cent in the fourth quarter. SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, saw a rare inflow of fresh investment on Wednesday. Holdings increased by 2.10 tonnes to 792.56 tonnes - though that figure is still near a five-year low. In other precious metals, platinum fell 1.8 per cent to $1,382.24 an ounce, tracking losses in gold. The metal drew little support from news that South Africa's AMCU union had rejected a 9 per

Japan unemployment rate came at a seasonally adjusted 3.7 percent in December, the Ministry of Internal Affairs and Communications said on Friday. The figure was down from 4.0 percent in November. The job-to-applicant ration was 1.03, up from 1.00 in the previous month. The participation rate was 59.0, down from 59.7 a month earlier. The number of employed persons in December was 63.19 million, an increase of 910,000 or 1.5 percent on year. The number of unemployed persons in December was 2.25 million, a decrease of 340,000 or 13.1 percent on year. Industrial production in Japan was up a seasonally adjusted 1.1 percent on month in December, the Ministry of Economy, Trade and Industry said on Friday, rising for the first time in two months and following the 0.1 percent contraction in November. On a yearly basis, industrial production climbed 7.3 percent, up from 4.8 percent in the previous month. For the fourth quarter, industrial production was up 1.9 percent on quarter.

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EPIC RESEARCH ANALYST SPEAKS

31th JANUARY 2014

SILVER

SILVER MCX Short term trend is down, Immediate support @ 43050 Immediate Resistance @ 43750 SILVER MCX Closed @ 43220 . Yesterday Intraday Range of SILVER MCX was 1370. Volumes were 36380 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY SILVER ABOVE 43550 TGTS 43750/44050 SL 43150 SELL SILVER BELOW 43050 TGTS 42850/42550 SL 43400

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EPIC RESEARCH ANALYST SPEAKS

31th JANUARY 2014

GOLD

GOLD MCX Short term trend is down, Immediate support @ 29250 Immediate Resistance @ 29450 yesterday GOLD MCX Closed @ 29378 . Yesterday Intraday Range of GOLD MCX was 467 Volumes were 14400lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY GOLD ABOVE 29460 TGTS 29540/29640 SL 29340 SELL GOLD BELOW 29240 TGTS 29160/29060 SL 29360

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EPIC RESEARCH ANALYST SPEAKS

31th JANUARY 2014

CASTORSEED

RESISTANCE 1

4181.70

RESISTANCE 2

4256.30

PIVOT

4122.3

SUPPORT 1

4047.7

SUPPORT 2

3988.3

Castorseed Feb. looking sideways to bearish in daily chart. Momentum indicators also support bearishness. Profit booking is continue in downside, but expecting price will go down. In intraday basis immediate support @ 4140 & immediate resistance@ 4200. BUY CASTORSEED FEB ABOVE 4200 TGTS 4230,4280 SL 4150 SELL CASTORSEEED FEB BELOW 4140 TGTS 4110,4060 SL 4190

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EPIC RESEARCH ANALYST SPEAKS

31th JANUARY 2014

DHANIYA

RESISTANCE 1

8379.7

RESISTANCE 2

8439.3

PIVOT

8307.3

SUPPORT 1

8247.7

SUPPORT 2

8175.3

In Dhaniya daily chart, there is some profit booking in upper level, but signs bullish, continue in upcoming trading session, fundamentally also Dhaniya is in bullish trend. Recommending buy on dips, momentum indicator RSI and MACD are above from mid range have plus point of bullishness. Immediate support @ 8300 and immediate resistance @ 8290. BUY DHANIYA FEB ABOVE 8390 TGTS 8420,8470 SL 8340 SELL DHANIYA FEB BELOW 8300 TGTS 8270,8220 SL 8350

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TODAYS ECONOMIC EVENTS

31th JANUARY 2014

TIME
ALL DAY ALL DAY ALL DAY 03:15 03:15 05:00 05:00 05:00 05:20 06:00 06:00 12:30 13:15 15:30 15:30 15:30 19:00 19:00 19:00 19:00 19:00 19:00 20:15 20:25
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COUNTRY

EVENT FRIDAY, JANUARY 31

HONG KONG - LUNAR NEW YEAR CHINA - LUNAR NEW YEAR SINGAPORE - CHINESE NEW YEAR

ACTUAL FORECAST PREVIOUS

NZD NZD JPY JPY JPY JPY AUD AUD EUR EUR EUR EUR EUR CAD CAD CAD USD USD USD USD USD

TRADE BALANCE (YOY) TRADE BALANCE (MOM) HOUSEHOLD SPENDING (YOY) TOKYO CORE CPI (YOY) TOKYO CPI (YOY) INDUSTRIAL PRODUCTION (MOM) PPI (QOQ) PRIVATE SECTOR CREDIT (MOM) GERMAN RETAIL SALES (MOM) FRENCH CONSUMER SPENDING (MOM) CORE CPI (YOY) CPI (YOY) UNEMPLOYMENT RATE GDP (QOQ) GDP (MOM) GDP ANNUALIZED (QOQ) CORE PCE PRICE INDEX (MOM) EMPLOYMENT COST INDEX (QOQ) PERSONAL SPENDING (MOM) CHICAGO PMI MICHIGAN CONSUMER SENTIMENT

-180M 550M 1.2% 0.7% 1.2% 0.9% 0.4% 0.2% -0.4% 0.8% 0.9% 12.1% 0.2% 0.1% 0.4% 0.2% 59.0 81.0

-250M 183M 0.2% 0.7% 0.9% -0.1% 1.3% 0.3% 1.5% 1.4% 0.7% 0.8% 12.1% 0.7% 0.3% 2.7% 0.1% 0.4% 0.5% 59.1 80.4
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31th JANUARY 2014
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