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DAILY COMMODITY REPORT

1 Jun 2017
05

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DAILY MARKET WRAPUP
05 Jun 2017

COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE OPEN INTEREST

GOLD 4-Aug 28850 29137 28802 29088 4307

SILVER 5-July 39440 40400 39440 40274 14372

CRUDEOIL 19-Jun 3130 3130 3021 3081 16328


NATURAL GAS 27-Jun 194.50 196.40 192.70 193.70 7460
COPPER 30-jun 367.25 367.70 360.65 367.05 15792
NICKEL 30-Jun 569.50 574..70 563.50 574.10 46937
LEAD 30-Jun 135.70 135.70 136.10 133.85 2106

ZINC 30-Jun 165.30 165.90 162.05 162.90 4400


ALUMINIUM 30-Jun 124.15 124.40 122.85 123.85 1524

LME WAREHOUSE STOCKS (01-jun- 2017)

ETAL TONNES IN STORAGE ( MT )

ALUMINIUM -6550

COPPER -3150

LEAD -975

NICKEL +5982

ZINC -1300
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INTERNATIONAL MARKETS
05 Jun 2017

PRECIOUS AND INDUSTRY METALS

COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT

COMEX Gold USD/TZ 1,283.10 +2.90 +0.23% Aug 2017

Gold Spot USD/t oz. 1,280.90 +1.73 +0.14% N/A

COMEX Silver USD/t oz. 17.55 +0.03 +0.14% Jul 2017

COMEX Copper USD/lb. 256.30 -1.15 -0.45% Jul 2017

Platinum Spot USD/t oz. 951.40 -3.05 -0.32% N/A

ENERGY COMMODITY FUTURES

COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT

Crude Oil (WTI) USD/bbl. 48.29 +0.63 +1.32% Jul 2017

Crude Oil (Brent) USD/bbl. 50.61 +0.66 +1.32% Jul 2017

RBOB Gasoline USD/gal. 158.56 +0.85 +0.54% Jun 2017

NYMEX Natural Gas USD/MMBTU 3.04 +0.04 +1.27% Jul 2017

NYMEX Heating Oil USDGAL. 149.85 +1.37 +0.92% Jun 2017

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MOST ACTIVE CONTRACTS
05 Jun 2017

Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots)

CRUDEOIL MINI 19-06-2017 3123.00 46,32,65,820.00 1,48,340

CRUDE OIL 19-06-2017 3123.00 31,13,28,747.00 99,689

SILVERMICRO 30-06-2017 39597.00 1,51,10,61,117.00 38,161

NATURAL GAS 27-06-2017 198.90 49,56,588.00 24,920

NICKEL 30-06-2017 575.00 1,39,96,075.00 24,341

COPPER 30-06-2017 368.40 85,82,614.80 23,297

ZINCMINI 30-06-2017 165.90 36,59,754.00 22,060

SILVER M 30-06-2017 39665.00 86,81,47,855.00 21,887

NICKELMINI 30-06-2017 576.00 1,24,67,520.00 21,645

COPPERMINI 30-06-2017 368.45 64,26,873.35 17,443

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INTRADAY SUPPORT AND RESISTANCE
05 Jun 2017

COMMODITY EXPIRY SUP.2 SUP.1 PIVOT RES.1 RES.2

GOLD 5-Jun 28674.00 28881.00 29009.00 29216.00 29344.00

SILVER 5-July 39078.00 39676.00 40038.00 40636.00 40998.00

CRUDEOIL 19-jun 2968.33 3024.67 3077.33 3133.67 3186.33

NATURAL GAS 25-May 190.57 192.13 194.27 195.83 197.97

COPPER 30-jun 358.08 362.57 365.13 369.62 372.18

NICKEL 31-May 559.57 566.83 570.77 578.03 581.97

LEAD 31-May 135.62 134.73 135.22 134.33 134.82

ZINC 31-May 159.77 161.33 163.62 165.18 167.47

ALUMINIUM 31-May 122.15 123.00 123.70 124.55 125.25

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COMMODITY BUZZ AND ECONOMIC EVENTS
05 Jun 2017

COMMODITY BUZZ SPECIAL NEWS

Crude prices held gains in Asia on Monday despite a break by sev- Australia likely equaled the world record for the longest stretch of
eral Middle East and Gulf countries with Qatar as Saudi Arabia, uninterrupted economic growth last quarter, yet celebrations will be
Egypt, the UAE and Bahrainsnapped diplomatic and commercial muted as miserly wage growth saps the spending power of its citi-
ties.The U.S. West Texas Intermediate crude July contract rose zens.Analysts estimate Australia's A$1.7 trillion ($1.27 trillion) an-
0.88% to $48.08, while on the ICE Futures Exchange in Lon- nual gross domestic product (GDP) grew a slim 0.2 percent in the
don, Brent oil for August delivery gained 0.92% to $50.41 a bar- first quarter, a setback from the previous quarter's brisk 1.1 per-
rel.Qatar shares the world's largest gas field, South pars, with Iran. cent.The GDP report, due out on Wednesday, is also forecast to show
The commercial and business ties have irritated Saudi Arabia and annual growth slowed to 1.6 percent from 2.4 percent.That would
other GCC countries at odds with Iran on support for Shia-linked still mark 103 quarters without a recession, a feat only matched by
militants and recent statement attributed to Qatar's ruler on U.S. the Netherlands in modern history, but workers will be wondering
and Saudi policies toward Iran have furtehr riled the waters. where the rewards are going.Government figures out on Monday
showed wages and salaries paid by businesses across the country
bounced just 0.3 percent in the first quarter, after a 0.5 percent drop
Gold prices rose to their highest level in over than a month on Fri- the previous quarter..
day aftera disappointing U.S. employment report underlined the
case for the Federal Reserve to continue raising rates at a gradual
pace.Gold for June delivery settled at $1,278.77 on the Comex divi- South Korea's new government announced a 11.2 trillion won ($10
sion of the New York Mercantile Exchange, up 0.93%. It was the billion) fiscal stimulus package on Monday, increasing social welfare
highest close since April 25.The U.S. economy added 138,000 jobs subsidies and taking steps to deliver on President Moon Jae-in's elec-
last month the Labor Department reported, falling far short of tion promise to create 810,000 public sector jobs.But Moon's ruling
economists expectations for 185,000 new jobs.Figures for March Democratic Party faces a challenge passing the extra budget bill as it
and April were also revised to show that 66,000 fewer jobs were only holds 40 percent of the 299 seats in the National Assembly and
created than expected, indicating that the labor market may be los- would need the support of more than 30 opposition lawmakers.Both
ing momentum.The unemployment rate ticked down to a 16-year parties in the conservative opposition - the Bareun Party and the Lib-
low of 4.3%. erty Korea Party - have said the increased welfare spending could
become unsustainable and that the plan does not meet legal require-
ments.The stimulus package allocates 5.4 trillion won to create public
sector and social services jobs, including places for fire fighters,
teachers and postal workers, the finance ministry said.

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COMMODITY NEWS
05 Jun 2017

COMMODITY HEADLINES

Crude oil dips on rising US crude production

Silver rises on robust global cues

Gold rises on fall in US job growth

Zinc futures nosedive 1.54% on demand worries

Copper in reverse gear on demand worries

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EPIC RESEARCH ANALYST SPEAKS
05 Jun 2017

GOLD

BUY GOLD ABOVE 29140 TGT 29240 29440 SL BELOW 28940


SELL GOLD BELOW 29030 TGT 28930 28730 SL ABOBE 29130

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EPIC RESEARCH ANALYST SPEAKS
05 Jun 2017

SILVER

BUY SILVER ABOVE 40400 TGT 40600 41000 SL BELOW 40200


SELL SILVER BELOW 40150 TGT 39950 39550 SL ABOVE 40350

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TODAYS ECONOMIC EVENTS
05 Jun 2017

MONDAY,05 JUN- 2017

Time Cur. Event Forecast Previous


All Day Holiday Switzerland - Whit Monday

All Day Holiday New Zealand - Queen's Birthday

07:00 AUD Company Gross Operating Profits (QoQ) (Q1) 4.5% 20.1%

13:30 EUR Markit Composite PMI (May) 56.8 56.8

13:30 EUR Services PMI (May) 56.2 56.2

14:00 GBP Services PMI (May) 55.0 55.8

18:00 USD Nonfarm Productivity (QoQ) (Q1) -0.2% -0.6%

18:00 USD Unit Labor Costs (QoQ) (Q1) 2.5% 3.0%

19:15 USD Markit Composite PMI (May) 53.9

19:15 USD Services PMI (May) 54.1 54.0

19:30 USD Factory Orders (MoM) (Apr) -0.2% 0.5%

19:30 USD ISM Non-Manufacturing Employment (May) 51.4

19:30 USD ISM Non-Manufacturing PMI (May) 57.0 57.5

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05 Jun 2017

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