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DAILY COMMODITY REPORT 22ND MARCH 2013

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HEADLINES
Gold hits near one-month high on Cyprus debt fears Gold rose to a near one-month high, as safe-haven buying emerged after the European Union gave Cyprus an ultimatum to raise billions of euros it needs to clinch a bailout deal or face a likely exit from the currency zone. The metal has risen in five of six sessions on resurgent fears about euro zone debt fears, and on hopes that the US Federal Reserve will maintain aggressive stimulus to battle still-high unemployment. Silver also rose 1.5 percent, on track for its biggest oneday gain in almost two months. LME copper inventories at 10-year high LME copper stocks have risen 165 per cent since October, amid an increase global mine production and slower purchases from China, which has seen a rapid

TRADING TIP:

Sell Aluminium Mar Below 102.90 TGTS-102/101 SL-103.50 Sell Crude Oil Apr Below 5050 TGTS 5020/4980 SL- 5080

build-up of copper stocks in recent years. Stocks on the LME rose 6,625 tonnes to 557,450 the highest since October 2003, when the commodities supercycle driven by Chinas industrialisation was still in its infancy. Although LME stocks only represent one chunk of global inventories, they are closely watched by traders and analysts as an indication of the amount of surplus metal that is readily available to deliver into the market.

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PRODUCT NAME

EXP DATE

OPEN

HIGH

LOW

CLOSE

LTP

CHG

PERCENTAGE CHANGE

CHANA CHILLI GUR JEERA

7/19/2012 7/19/2012 7/19/2012 7/19/2012 7/19/2012

4556 5060 1188 14955 1044

4573 5060 1188 14960 1053

4525 5018 1178 14650 1035

4560 5120

4532 5018 1178 14800 1041 -0.80 42435 0.30 781.3 4315 1.30 4540 0.50 1282 -0.60

-28 -102 -5.5 -252.5 -8 45 -1.55 12 -124 36

-0.61 -1.99 -0.46 -1.68 -0.76 5053.00 0.11 917.80 -0.2 0.28 55063.00 -2.66 29827.00 2.89 117.45

DAILY MARKET STATISTICS


1183.5 15052.5 1049

Symbol

Expiry Date

PCP

% Change

LTP

KAPAS

Crude Oil PEPPER 7/19/2012 Nickel REF SOYA 7/19/2012 SOY BEAN Silver 7/19/2012 TURMERIC 7/19/2012 Gold WHEAT Lead 7/19/2012

19-Apr-13 42300 42555 28-Mar-13 780.5 783.6 4309 5-Mar-13 4330 4600 4676 5-Apr-13 1251 28-Mar-13 1282

5092.00 42250 42390 915.40 777.4 782.85 4265.5 54331.00 4303 4518 4664 29681.00 1251 118.20 1246

Zinc

28-Mar-13

103.90

0.40

104.30

Copper

28-Mar-13

417.15

-0.20

416.30

Aluminium

28-Mar-13

104.05

-0.70

103.35

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DAILY MCX GOLD CHART

ANALYSIS
OPEN: 29662 HIGH: 29847 LOW: 29613 CLOSE: 29827

GOLD LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: BUY ON DIPS

DAILY MCX SILVER CHART

ANALYSIS
OPEN: 54392 HIGH: 55100 LOW: 54150 CLOSE: 55063

SILVER LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: BUY ON DIPS

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