Professional Documents
Culture Documents
DAILY
EXPIRY DATE
R4
R3
R2
R1
PP
S1
S2
S3
S4
ALUMINIUM
31MAY 2016
106.50
105.30
104.10
103.55
102.90
102.35
101.70
100.50
99.30
COPPER
30 JUN 2016
319.80
316.45
313.10
311.50
309.75
308.10
306.40
303.
299.70
CRUDE OIL
20 JUN 2016
3276
3235
3194
3176
3153
3135
3112
3071
3030
GOLD
03 JUN 2016
30904
30586
30268
30151
29950
29833
29632
29314
28996
LEAD
31MAY 2016
119.05
117.70
116.35
115.65
115
114.30
113.65
112.30
110.95
NATURAL GAS
25 MAY 2016
160.50
154.30
148.10
144.80
141.90
138.60
135.70
129.50
123.30
NICKEL
31MAY 2016
606.80
597.90
589
584.90
580.10
576
571.20
562.30
553.40
SILVER
05 JUL 2016
43043
42278
41513
41243
40748
40478
39983
39218
38453
ZINC
31MAY 2016
131.95
129.90
127.95
127.20
125.95
125.20
123.95
121.95
119.95
EXPIRY
R4
R3
R2
R1
PP
S1
S2
S3
S4
ALUMINIUM
31MAY 2016
113.50
110.20
106.90
104.95
103.60
101.65
100.30
97
93.70
COPPER
30 JUN 2016
349.35
336.95
324.55
317.20
312.15
304.80
299.75
287.35
274.95
CRUDE OIL
20 JUN 2016
3842
3595
3348
3253
3101
3006
2854
2607
2360
GOLD
03 JUN 2016
31776
31168
30560
30297
29952
29689
29344
28736
28128
LEAD
31MAY 2016
130.70
125.85
121
118
116.15
113.10
111.3
106.45
101.60
NATURAL GAS
25 MAY 2016
164.20
156.90
149.60
145.50
142.30
138.20
135
127.70
120.40
NICKEL
31MAY 2016
670.10 642.20
614.30
597.60
586.40
569.70
558.50
530.60
502.70
SILVER
05 JUL 2016
45816
44219
42622
41798
41025
40201
39428
37831
36234
ZINC
31MAY 2016
145
138.55
132..10
129.30
125.60
122.85
119.20
112.70
106.30
EXPIRY DATE
R4
R3
R2
R1
PP
S1
S2
S3
S4
USDINR
67.20
67.05
67
66.95
66.85
66.80
66.65
66.55
EURINR
76.65
76.35
76.20
76.05
75.90
75.75
75.40
75.10
GBPINR
27 MAY 2016
97.20
96.85
96.70
96.50
96.35
96.15
95.80
95.45
JPYINR
62
61.75
61.60
61.55
61.40
61.30
61.05
60.85
R3
R2
R1
PP
S1
S2
S3
S4
97
.60
EXPIRY DATE
R4
USDINR
67.75
67.30
67.10
66.85
66.70
66.40
66
65.55
EURINR
77
76.55
76.30
76.10
75.85
75.60
75.20
74.70
GBPINR
98.50
97.50
97
96.50
96.05
95.50
94.50
93.50
JPYINR
64
62.80
62.15
61.65
60.95
60.45
59.25
58.10
DAILY
EXPIRY DATE
R4
R3
R2
R1
PP
S1
S2
S3
S4
SYOREFIDR
20 JUN 2016
679
670
661
658
652
649
643
634
625
SYBEANIDR
20 JUN 2016
4123
4078
4033
4010
3988
3965
3943
3898
3853
RMSEED
20 JUN 2016
4633
4557
4481
4453
4405
4377
4329
4253
4177
JEERAUNJHA
20 JUN 2016
17290
17110
16930
16840
16750
16660
16570
16390
16210
CHANA
20 JUN 2016
6198
6052
5906
5849
5760
5703
5614
5468
5322
EXPIRY DATE
R4
R3
R2
R1
PP
S1
S2
S3
S4
SYOREFIDR
20 JUN 2016
733
708
683
669
658
644
633
608
583
SYBEANIDR
20 JUN 2016
4489
4334
4179
4083
4024
3928
3869
3714
3559
RMSEED
20 JUN 2016
5023
4830
4637
4531
4444
4338
4251
4058
3865
JEERAUNJHA
20 JUN 2016
18810
18145
17480
17115
16815
16450
16150
15485
14820
CHANA
20 JUN 2016
6329
6134
5939
5865
5670
5549
5354
5159
5744
Zinc on MCX settled up 1.32% at 126.5 as support seen after data showed inventories in warehouses registered with the LME
continued to erode, falling to 390,375 tonnes. The figure is the lowest since July 2009, about two thirds below the record
peak in 2013, although some stock is thought to have been shifted to cheaper storage outside LME warehouses. Zinc
production will trail consumption by 352,000 metric tons this year, the ILZSG said in April, widening its deficit forecast from
152,000 tons in October. Combined zinc inventories in Shanghai, Tianjin and Guangdong fell 10,600 to 350,700 tonnes past
week. Some goods were shipped from Shanghai to Tianjin as the price spread between Shanghai and Tianjin was bigger than
freight charges. Zinc smelters preferred to deliver goods to Tianjin, reducing arriving shipments in Shanghai. But arriving
shipments in Tianjin were also limited, with inventories down. Outward shipments in Guangdong increased due to bargain
hunters, so local inventories also slid. Zinc stocks and cancelled warrants both down 1,125 tonnes at 390,375 tonnes and
25,375 tonnes respectively. Lead at $1,713 was up $2 after a marginal stock increase of 25 tonnes to 176,075 tonnes. TCs of
domestic zinc concentrate (50%) held stable at 5,100-5,300 yuan per tonne (zinc content) this past week, and those for
imported zinc concentrate (50%) were $110-130 per dry metric tonne. Supply tightness in North China is expected to ease,
though, as an increasing number of mines restart due to warmer weather.
Nickel on MCX settled up 0.52% at 580.9 as prices bounced back as optimism over a rebound in U.S. economic growth
overshadowed a stronger dollar, but high inventories are keeping market participants cautious about the future direction of
prices. April retail sales recorded their biggest increase in a year, suggesting the economy is regaining momentum, and U.S.
consumer sentiment rose to the highest levels since June last year. Nickel stocks fell 1,674 tonnes to 412,344 tonnes. In a
move centred on Vlissingen, cancelled warrants dropped 4,116 tonnes to 120,720 tonnes. The cash/May date is looking tight
at a small contango of just $1. Investors have been worried about reports that many Chinese smelters were reversing
production cutbacks after prices rebounded, which would add to a global surplus. U.S. retail sales jumped 1.3 percent last
month, the largest gain since March 2015 and a bigger rise than the 0.8 percent expected. The U.S. Census Bureau said retail
sales last month jumped by 1.3%, above consensus expectations of 0.9%, rebounding from a 0.3% decline in March. The
University of Michigan's Consumer Survey Center said its Consumer Sentiment Index soared nearly seven points in its midMay flash reading to 95.8, significantly above consensus expectations of 89.7. It came weeks after consumer sentiment
slumped to 89.0 in the final April reading, dropping to its lowest level since last September. In the May reading, though, the
expectations component surged nearly 10 points to 87.5, pulling up the general index
were also a monthly record and soybean imports have surged in 2016 on rising demand for soy-meal for hog farms in China.
For the first four months of the year, imports have climbed 11.4 percent from a year ago to 23.33 million tonnes.
Chana
Chana futures gain in Friday due to expectation of tight supplies in coming months. The trend is still positive on anticipation
of limited supplies amid lower production and expensive imports. Chana futures for Jun delivery closed 1.49% down to settle
at Rs 5,792 per quintal. In the third advance estimates (May 2016), chana production is revised downwards to 7.5 mt from 8
mt forecasted in 2nd estimate (Feb 2016). Country imported over 79,000 lt of chana in Feb 2016 higher than 38,000 tones
imports last year in Feb. India has imported 9.93 lt of Chana until February in the current financial year (Apr 2015-Feb 2016).
To control the prices, centre has asked states to impose stock holding limits for traders on all varieties of pulses in order to
curb hoarding. To control speculation in pulses futures, agri-commodity bourse NCDEX hiked the cash margin to 45% on
chana (gram) buyers and 10% on sellers.
The pulses issue was raised by Maharashtra's Food and Civil Supplies Minister Girish Bapat in a meeting with Union Food
Minister Ram Vilas Paswan. Import of pulses rose 26 per cent to 5.79 million tonnes (mt) last financial year to meet rising
domestic demand, Parliament was informed. India had imported 4.58 mt during 2014-15. Technically market is under fresh
buying as market has witnessed gain in open interest by 2.29%
TURMERIC
Turmeric on NCDEX settled down -1% at 8120 due to fall in demand at the spot market. Though, some losses were capped on
poor arrivals of turmeric from the producing regions. At Sangli market sources reported arrivals at 9500 quintals, higher by
4500 quintals as against previous day. At Warangal market total arrivals are at 1500 bags, lower by 2000 bags as compared to
previous day. New season crop has hit the markets and continue to peak in current month but majority of arrivals are of
medium quality. As per dept of commerce data, turmeric exports for the period April 2015- Feb 2016 is pegged at 77,081
tonnes while the export for the 2014-15 was 83,713 tonnes for the same period. Due to poor demand for turmeric, prices were
down Rs. 9,000 a quintal. Turmeric growers are bringing very limited stock for sale due to poor upcountry demand. Farmers
brought only 4,400 bags on Monday and 70 per cent of the stock was sold. Buyers also quoted decreased price. Further, due
to the Tamil Nadu Assembly Election and implementation of model code of Conduct Rules by the Election authorities, buyers
were reluctant to take huge money for buying the commodity. Of the total arrival of 902 bags, 544 were sold. At the
Regulated Market Committee finger turmeric sold at Rs. 7,899 to Rs. 9,029 a quintal, root variety at Rs. 7,769 to Rs. 8,695 a
quintal. Sangli market witnessed arrivals of 908 tonnes and prices traded at Rs.10500/quintal for Rajapuri variety. Nizamabad
market remained closed for fourth day due to conflict between government and traders. NCDEX accredited warehouses have
4261 MT of valid stock and 259 MT of stock in process as on 11th May 2016.
SOYABEAN
CBOT soybean futures fell on Friday on profit-taking following this week's surge in the most-active contract to a 21-month
high. Moreover, slow export demand too weighs on price. The soybean sales were down considerably from the previous week
with old-crop business off 74% and new-crop sales of 253,506 bushels down sharply from last weeks 15.8 million. According to
the WASDE report, U.S soybean production for 2016/17 is projected at 103.4 mt, down 0.35 mt from the previous year on
lower harvested area and yields. US Soybean exports are forecast at 51.3 mt, up 3.95 mt from the revised 2015/16 projection.
However, global soybean production in 2016/17 is forecast to rise to a record 324 mt
Soybean Jun16 contract closed 1.24% down to settle at Rs. 4,987 per quintal. USDA forecasts India soybean production for
2016/17 at 11.70 mt, up 58% from last year. The increase is based on the assumption of normal yields. In 2015-16, SOPA
forecast production at 69.29 lt but government in third estimate forecasts 89.2 lt.