COMMODITY DAILY REPORT

Document Sample
COMMODITY DAILY REPORT Powered By Docstoc
					                                                      COMMODITY
 DAILY REPORT
 Thursday, September 20, 2012

 Commodity Reports: U.S. home loan demand fell last week as interest rates rose to their highest levels in ten months. The Mortgage
 Bankers Association Market Composite Index, a measure of mortgage loan application volume, decreased 5.5% on a seasonally
 adjusted basis from one week earlier, when applications were up 11.3%.Weak economic activity is likely to weigh on the assessment
 of a majority of British policy makers, discouraging them from a rate hike this week. Despite inflation running above the 2% target, the
 Bank of England is all set to maintain status quo until the recovery gains footing. The Bank Rate unchanged at 0.5%. This is the
 lowest since the central bank was established in 1694. Policy makers are also likely to maintain the size of quantitative easing at GBP
 200 billion.


     PRE-SESSION                                                                                      NASDAQ
     20-Sep-12 (10:00)                         20-Sep-12 (09:50)                                       3182.62
     LME Inventories Data- 19 September        China PMI Certainly Affects Metals
     2012                                      Adversely                                                +4.82
     20-Sep-12 (09:59)                         20-Sep-12 (09:30)
     CPMCL Cardamom Auction Quotes:            Agri Buzz: Malaysia Palm Oil Exports
                                                                                                        DJIA
                                               Rises 15% During September 1-20, 2012                  13577.96
                                                                                                       +13.32
       TODAYS MARKETS
                                                                                                      S&P 500
                                                                                                       1461.05
                               SENSEX            NIFTY
                                                                                                        +1.73
        LTP                    18420.59        5570.55
        Chg.                     -75.42          -29.50                                            HANG SENG
        %Chg.                     -0.41            -0.53                                              20728.72
                                                                                                       -113.19


     BULLION MARKETS - MCX

                                              GOLD                                                                SILVER
                                              31913.00                                                            64152.00
                                              -105.00                                                             -328.00
                                              -0.33                                                               -0.51



      GENERAL NEWS
        20-Sep-12 (09:40)                      20-Sep-12 (09:34)                         20-Sep-12 (09:30)
        Rise in sugar prices                   Mixed trend in spot rubber                Decline in brent oil                         



www.danisecurities.com                                                                                                             Page 1
 MCX GAINERS                                                      NCDEX GAINERS
    COMMODITY     EXP DATE                PRICE          %CHG.      COMMODITY          EXP DATE               PRICE      %CHG.
   POTATOTRWR 15-Oct-12                   927.00          +2.56   CHLL334GTR           20-Sep-12             4,950.00     +1.43
   POTATO          15-Oct-12         1,055.00             +0.88   TMCFGRNZM            20-Sep-12             6,100.00     +0.63
   POTATO          15-Mar-13              739.40          +0.80   PPRMLGKOC            20-Sep-12            42,500.00     +0.50
   POTATO          15-Apr-13              702.00          +0.72   SUGARM200            20-Sep-12             3,557.00     +0.31
   BRCRUDEOIL      15-Oct-12         5,870.00             +0.29   CHLL334GTR           20-Dec-12             5,396.00     +0.19


 MCX LOSERS                                                       NCDEX LOSERS
    COMMODITY     EXP DATE                PRICE          %CHG.      COMMODITY          EXP DATE               PRICE      %CHG.
   GOLDPTLDEL      30-Nov-12         3,307.00             -0.03   CHLL334GTR            19-Oct-12            5,452.00     -0.04
   CPO             30-Nov-12              514.80          -0.04   SUGARM200             19-Oct-12            3,590.00     -0.06
   NATURALGAS      25-Sep-12              151.20          -0.13   WHTSMQDELI           20-Dec-12             1,560.00     -0.06
   CPO             31-Dec-12              516.50          -0.15   COCUDAKL             20-Sep-12             1,506.00     -0.13
   CPO             31-Oct-12              511.00          -0.18   SYOREFIDR            20-Feb-13              733.05      -0.18


 COMEX PRICES                                                     MCX FUTURES
    COMMODITY                     LTP            CHG CHG%.          COMMODITY       CLOSE       CHG%.       VOLUMES         OI
   GOLD COMEX               1,771.70             0.50     +0.03   ALUMINIUM         115.05          -0.56       9,183     4,236
   CRUDE OIL -                   91.98           -3.31    -3.47   COPPER            457.95          +0.65      54,393    47,832
   CRUDE OIL -                                                    CRUDEOIL         5,015.00         -3.78     171,289    30,633
                                108.19           -3.84    -3.43
   BRENT
   SILVER COME                   34.59           -0.13    -0.37   GOLD            32,018.00         +0.23      17,310    11,630
   COPPER -                                                       NICKEL            964.30          +0.45      45,441    12,027
                            8,323.00         99.00        +1.20
   (LONDON)
                                                                  SILVER          64,480.00         +0.02      35,974    14,899
                                                                  ZINC              113.80          +1.29      24,560     5,427

 CURRENCY WATCH                                                   INDIAN INDICES
                   CLOSE                 CHG             CHG%       INDICES                     20-SEP          CHG.     %CHG.
   USD/INR           54.34               0.31             +0.57    SENSEX                     18,420.59         -75.42     -0.41
   EUR/USD               1.30            0.00             -0.36    NIFTY                       5,570.55         -29.50     -0.53
   GBP/USD               1.62            0.00             -0.16    BSE 500                     7,007.18         -22.23     -0.32
   USD/JPY           78.75               -0.70            -0.88    NIFTY JUNIOR               10,524.05         21.65     +0.21
   EUR/INR           70.76               0.15             +0.21
   GBP/INR           88.16               0.36             +0.41
   JPY/INR               0.69            0.01             +1.47




www.danisecurities.com                                                                                                      Page 2
                                      RECOMMENDATION

                           MCX GOLD
                                      International

                                      Major Support at USD1580.
                                      Bullish till USD1800.

                                      Domestic

                                      Sell at 31930, Stop loss 32000, Target 31840.




                         MCX SILVER                                   
                                      International

                                      Major Support at USD29.
                                      Bullish above USD34.

                                      Domestic

                                      Sell at 64250, Stop loss 64450, Target 63900.




                         MCX COPPER                                   
                                      International

                                      .

                                      Domestic

                                      Sell at 453, Stop loss 455, Target 451.




www.danisecurities.com                                                                Page 3
                                         RECOMMENDATION

                              MCX LEAD
                                         Domestic

                                         Buy at 121.20, Stop loss 120.80, Target 121.70.




                              MCX ZINC                                  
                                         Domestic

                                         Buy at 112.40, Stop loss 112, Target 113.




                         MCX ALUMINIUM                                  
                                         Domestic

                                         Buy at 113.50, Stop loss 113.10, Target 114.




www.danisecurities.com                                                                     Page 4
                                           RECOMMENDATION

                              MCX NICKEL
                                           International


                                           Domestic
                                           Sell at 955, Stop loss 960, Target 949.




                           MCX CRUDE OIL                                   
                                           International

                                           Major Support for WTI at USD83
                                           Bullish above USD 91

                                           Domestic
                                           Sell at 4980, Stop loss 5010, Target 4950.




                         MCX NATURAL GAS                                   
                                           International

                                           -

                                           Domestic

                                           Sell at 151, Stop loss 153, Target 149.




www.danisecurities.com                                                                  Page 5
                                        RECOMMENDATION

                           NCDEX GOLD
                                        International

                                        Major Support at USD1580. Bullish till USD1800

                                        Domestic
                                        Sell at 31930, Stop loss 32000, Target 31840.




                         NCDEX SILVER                                   
                                        International

                                        Major Support at USD29. Bullish above USD34 .

                                        Domestic

                                        Sell at 64250, Stop loss 64450, Target 63900.




                         NCDEX COPPER                                   
                                        International

                                        -

                                        Domestic

                                        Sell at 453, Stop loss 455, Target 451.




www.danisecurities.com                                                                  Page 6
                                                RECOMMENDATION

                             NCDEX CRUDEOIL
                                                International

                                                Major Support at USD 95.

                                                Domestic

                                                Sell at 4980, Stop loss 5010, Target 4950.




                                NCDEX CHANA
                                                Domestic

                                                -




                         NCDEX CHILLI 334 GTR
                                                Domestic

                                                -




www.danisecurities.com                                                                       Page 7
                                                  RECOMMENDATION

                                  NCDEX PEPPER
                                                  Domestic

                                                  -




                         NCDEX WHEAT STD MILL I                     
                                                  Domestic

                                                  -




                               NCDEX SOYABEAN                       
                                                  Domestic

                                                  -




www.danisecurities.com                                                 Page 8
                                                  RECOMMENDATION

                         NCDEX REFINED SOYA OIL
                                                  Domestic

                                                  -




                                  NCDEX JEERA                       
                                                  Domestic

                                                  -




                                 NCDEX POTATO                       
                                                  Domestic

                                                  -




www.danisecurities.com                                                 Page 9
MCX TECHNICALS
   COMMODITY     CONTRACT          S1         S2     CLOSE     CHG%          R1         R2         PP EST.HIGH EST.LOW
  ALUMINIUM       28-Sep-12    114.50      113.95     115.05    -0.56    115.70     116.35     115.15     115.74      114.54
  COPPER          30-Nov-12    455.93      453.92     457.95    +0.65    459.63     461.32     457.62     458.96      455.26
  CRUDEOIL        19-Oct-12   4,940.33   4,865.67   5,015.00    -3.78   5,152.33   5,289.67   5,077.67   5,182.20    4,970.20
  GOLD            05-Oct-12 31,917.00 31,816.00 32,018.00       +0.23 32,107.00 32,196.00 32,006.00 32,105.40 31,915.40
  GOLDM           05-Oct-12 31,948.67 31,849.33 32,048.00       +0.22 32,138.67 32,229.33 32,039.33 32,118.40 31,928.40
  LEAD            28-Sep-12    121.00      119.55     122.45    +0.12    124.40     126.35     122.95     124.04      120.64
  NATURALGAS      25-Sep-12    148.63      145.87     151.40    -0.79    154.53     157.67     151.77     154.48      148.58
  NICKEL          28-Sep-12    959.07      953.83     964.30    +0.45    971.97     979.63     966.73     968.90      956.00
  SILVER          05-Dec-12 64,166.00 63,852.00 64,480.00       +0.02 64,760.00 65,040.00 64,446.00 64,834.80 64,240.80
  ZINC            28-Sep-12    112.65      111.50     113.80    +1.29    115.05     116.30     113.90     114.55      112.15


NCDEX TECHNICALS
   COMMODITY CONTRACT            S1         S2      CLOSE      CHG%         R1         R2        PP EST.HIGH        EST.LOW



  KAPASSRNR 30-Apr-13         659.00     329.50     988.50      0.00    659.00     329.50     329.50      790.80      790.80




www.danisecurities.com                                                                                                 Page 10
CFTC As on 11-Sep-2012
                         NON-COMMERCIAL                        COMMERCIAL                    NON-REPORTABLE
                  NET POSITION          WKLY NET CHG.   NET POSTION    WKLY NET CHG.     NET POSTION       WKLY NET CHG.
  Gold                     182016               11552        -237091            -17705            55075             6153
  Silver                     31482               -948         -47272             -2352            15790             3300
  Copper                      2529              12588           2711            -14763            -5240             2175
  Crude Oil                248665               10073        -259688            -10436            11023              363



ECONOMIC INDICATORS
   INDICATOR                                              DATE (Time in IST)   ACTUAL FORECAST            PREV    IMPACT
                                                           20-Sep-12 08:00
  HSBC Flash Manufacturing PMI                                                    47.8                     47.6   Medium
                                                                 AM
                                                           20-Sep-12 02:00
  Spain to sell 2015 and 2022 Bonds                                                                               Medium
                                                                 PM
                                                           20-Sep-12 01:30
  Italian Industrial Sales s.a. (MoM)                                                                     -0.5%     Low
                                                                 PM
                                                           20-Sep-12 01:30
  Italian Industrial Sales n.s.a. (YoY)                                                                   -2.7%     Low
                                                                 PM
                                                           20-Sep-12 01:30
  Italian Industrial Orders s.a. (MoM)                                                    -0.3%           1.7%      Low
                                                                 PM
                                                           20-Sep-12 01:30
  Italian Industrial Orders n.s.a. (YoY)                                                                  -9.4%     Low
                                                                 PM
                                                           20-Sep-12 01:00
  German Purchasing Manager Index Services                                                 48.5            48.3   Medium
                                                                 PM
                                                           20-Sep-12 01:00
  German Purchasing Manager Index Manufacturing                                            45.2            44.7   Medium
                                                                 PM
                                                           20-Sep-12 11:30
  German Producer Prices (YoY)                                                             1.5%           0.9%      High
                                                                 AM
                                                           20-Sep-12 11:30
  German Producer Prices (MoM)                                                             0.4%           0.0%    Medium
                                                                 AM
                                                           20-Sep-12 12:30
  French Purchasing Manager Index Services                                                 49.5            49.2     Low
                                                                 PM
                                                           20-Sep-12 12:30
  French Purchasing Manager Index Manufacturing                                            46.4             46      Low
                                                                 PM
                                                           20-Sep-12 01:30
  Euro-Zone Purchasing Manager Index Services                                              47.5            47.2   Medium
                                                                 PM
                                                           20-Sep-12 01:30
  Euro-Zone Purchasing Manager Index Manufacturing                                         45.5            45.1   Medium
                                                                 PM
                                                           20-Sep-12 01:30
  Euro-Zone Purchasing Manager Index Composite                                             46.6            46.3   Medium
                                                                 PM
                                                           20-Sep-12 07:30
  Euro-Zone Consumer Confidence                                                             -24           -24.6   Medium
                                                                 PM
                                                           20-Sep-12 02:00
  Retail Sales w/Auto Fuel (MoM)                                                          -0.3%           0.3%      Low
                                                                 PM
                                                           20-Sep-12 02:00
  Retail Sales (YoY)                                                                       3.2%           3.3%    Medium
                                                                 PM
                                                           20-Sep-12 02:00
  Retail Sales (MoM)                                                                      -0.4%           0.0%      Low
                                                                 PM
                                                           20-Sep-12 03:30
  CBI Trends Total Orders                                                                   -15             -21     Low
                                                                 PM




www.danisecurities.com                                                                                             Page 11
   Disclaimer

   CA- Kaushal Jaini
   Contact No: 61205191
   kaushal.jaini@danisecurities.com

   CFA- Pinky Chandnani
   Contact No: 61205192
   pinky.chandnani@danisecurities.com  

                               
                                                                                      
                               



   This report is distributed for information purpose only. The information in this report does not constitute an
   offer to sell or solicitation of an offer to buy any of the securities mentioned in the report. The readers may
   note that neither Dani Commodities Pvt. Ltd (DCPL) nor its analysts or employees take any responsibility,
   financial or otherwise, due to any transaction undertaken or any action based on the information contained
   herein. DCPL reserves the right to make modifications and alterations to this statement as may be required
   from time to time.




www.danisecurities.com                                                                                        Page 12

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:4
posted:9/21/2012
language:Unknown
pages:12