DAILY COMMODITY REPORT

20th DECEMBER 2013

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DAILY MARKET WRAPUP

20th DECEMBER 2013
COMMODITY GOLD SILVER CRUDE NATURAL GAS COPPER NICKEL LEAD ZINC ALUMINIUM CONTRACT OPEN PRICE 28767.00 45020.00 6122.00 267.00 460.50 879.50 133.95 123.40 110.00 HIGH LOW CLOSE PRICE %CHANGE -1.70 -3.23 +2.16 +4.05 -0.27 +1.01 +0.37 +0.12 -1.18 OI (in lots) 9819 10939 12236 14346 13355 4230 3458 3801 2109

05 FEB 2014 05 MAR 2014 20 JAN. 2013 26 DEC 2013 28 FEB 2014 31 DEC 2013 31 DEC 2013 31 DEC 2013 31 DEC 2013

28785.00 45020.00 6247.00 278.30 461.70 887.90 135.10 124.15 110.20

28335.00 43629.00 6122.00 267.00 457.50 875.10 132.65 122.10 108.50

28362.00 43869.00 6239.00 276.20 460.40 887.30 134.90 123.95 108.65

LME WAREHOUSE STOCKS (19- DEC- 2013)

METAL TONNES IN STORAGE

ALUMINIUM COPPER LEAD NICKEL TIN ZINC

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60275 -1025 -1625 -126 UNCHANGED -4825

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INTERNATIONAL MARKETS
20th DECEMBER 2013

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
1,193.90 1,194.87 19.20 330.45 1,321.48

CHANGE
+0.30 +6.19 +0.01 +0.90 +1.48

% CHANGE
+0.03% +0.52% +0.05% +0.27% +0.11%

CONTRACT
FEB 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
98.81 109.88 274.41 4.46 302.67

CHANGE
-0.23 -0.41 +0.40 -0.00 -0.39

% CHANGE
-0.23% -0.37% +0.15% -0.07% -0.13%

CONTRACT
FEB 14 FEB 14 JAN 14 JAN 14 JAN 14

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INTRADAY SUPPORT AND RESISTANCE

20th DECEMBER 2013

COMMODITY
ALUMINIUM

EXPIRY
31-DEC

SUP.3
107.67

SUP.2
108.18

SUP.1
109.07

PIVOT
109.58

RES.1
110.47

RES.2
110.98

RES.3
111.87

COPPER

28-FEB

453.93

455.57

458.53

460.17

463.13

464.77

467.73

CRUDEOIL

20-JAN

5992

6025

6070

6103

6148

6181

6226

GOLD

5-FEB

28472

28572

28720

28820

28968

29068

29216

LEAD

31-DEC

131.90

132.45

133.40

133.95

134.90

135.45

136.40

NATURALGAS

26-DEC

258.27

260.93

263.67

266.33

269.07

271.73

274.47

NICKEL

31-DEC

860.9

864.9

871.4

875.4

881.9

885.9

892.4

SILVER

5-MAR

44255

44525

44936

45206

45617

45887

46298

ZINC

31-DEC

121.07

121.93

122.77

123.63

124.47

125.33

126.17

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MOST ACTIVE CONTRACTS

20th DECEMBER 2013

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

Expiry Date
28-02-2014 26-12-2013 20-01-2014 28-02-2014 05-03-2014 28-02-2014 31-12-2013 05-02-2014 28-02-2014 03-01-2014

LTP
43905.00 277.20 6246.00 43915.00 43885.00 460.25 134.85 28377.00 460.10 29349.00

Value (In Lacs)

4,70,99,08,875.00 1,86,89,101.20 34,84,89,324.00 2,36,31,10,065.00 1,23,42,65,625.00 1,29,09,092.00 28,57,876.05 58,12,17,714.00 92,65,953.90 52,50,24,261.00

Volume (In Lots)

1,07,275 67,421 55,794 53,811 28,125 28,048 21,193 20,482 20,139 17,889

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COMMODITY BUZZ AND ECONOMIC EVENTS

20th DECEMBER 2013

SPECIAL NEWS : Chinese producers have kept on adding new capacities for electrolytic Aluminium even as per an estimate one-fifth of it is lying idle. The capacity utilization rate as per China Nonferrous Metal Industry Association is 78-80%.

COMMODITY BUZZ : The constant pressure building up in the Gold contract geared for yet another day on Thursday. The prices of MCX Gold declined below Rs 28500 per 10 grams.

The Bank of Japan kept its asset-purchase levels and overall monetary policy unchanged, a widely expected move that did little to move currencies. The central bank said the nation's economy has been recovering moderately, while inflation expectations appear to be rising on the whole. GfK's UK consumer confidence Index has dropped one point this month to-13 in level during Dec 13. The measures for personal financial situation over the past 12 months and over the next 12 months have both seen increases this month, the general economic situation over the last 12 months has stayed the same, whilst measures for the general economic situation over the next 12 months and the major purchase Index have decreased this month. The Federal Reserve's balance sheet expanded to a record $4 trillion in the week ended Dec. 18. The Fed balance sheet has been growing as the central bank has been buying $85 billion a month in Treasurys and mortgage related assets since last January.

The prices of Copper showed little volatility in the trades on 19 December 2013. Copper ended flat but still above its 20 day Exponential Moving Average (EMA) set at Rs 457.49 per kg. MCX Copper closed at Rs 460.4 per kg on 19 December 2013, down 0.24%. Copper is actually in a rising wedge pattern, considered bearish, though the Trend line support is yet to get broken. MCX Crude Oil closed at Rs 6239 per barrel on 19 December 2013, up 3.1%. The prices ended in green for the second consecutive day but most important was the closing above Rs 6150 per barrel. pen interest in the contract was 12236, this level of open interest was not seen even in December contract that expired on the 18th December 2013. NYMEX Light Sweet Crude Oil for February expiry was trading at $ 98.74 per barrel, up $ 0.3. The prices are trading above the psychological resistance zone of $ 95 per barrel and looking comfortable to move towards $ 100 per barrel.

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EPIC RESEARCH ANALYST SPEAKS

20th DECEMBER 2013

SILVER MCX:

MCX SILVER March contract was closed at Rs 43869 down Rs 1479, or -3.26 percent. The SILVER rate touched an intraday high of Rs 45020 and an intraday low of Rs 43629. 29377 contracts had been traded. Silver opened at morning with gap down and made day low. In mid session silver traded in narrow range and made day low 43629 . After 2.00 p.m. Silver seen more selling pressure and it will helpful to break the nearest support 43600. BUY SILVER ABOVE 44260 TGTS 44460/44760 SL 43950 SELL SILVER BELOW 43600TGTS 43350/42950 SL 44000

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EPIC RESEARCH ANALYST SPEAKS

20th DECEMBER 2013

GOLD MCX:

MCX GOLD February contract was closed at Rs 28362 down Rs 506 , or -1.75 percent. The GOLD rate touched an intraday high of Rs 28785 and an intraday low of Rs 28335. 21652 contracts had been traded. Gold Price was taking support at 28350 and traded in sideways range all day. In evening session gold price broke the nearest support of 28400 and made low of 28235. BUY GOLD ABOVE 28580 TGTS 28660/28760 SL 28470 SELL GOLD BELOW 28310 TGTS 28230/28130 SL 28430

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TODAYS ECONOMIC EVENTS

20th DECEMBER 2013

Time
12:30 12:30 TENTATIVE 15:00 15:00 15:00 15:00 19:00 19:00 19:00 19:00 19:00 19:00 19:00 19:00 19:00

Counrty
EUR EUR JPY GBP GBP GBP GBP CAD CAD CAD CAD CAD CAD USD USD USD

Event
FRIDAY, DECEMBER 20
GERMAN PPI (MOM) GFK GERMAN CONSUMER CLIMATE BOJ PRESS CONFERENCE BUSINESS INVESTMENT (QOQ) CURRENT ACCOUNT GDP (QOQ) GDP (YOY) CORE CPI (MOM) CORE CPI (YOY) CORE RETAIL SALES (MOM) CPI (YOY) CPI (MOM) RETAIL SALES (MOM) GDP (QOQ) GDP PRICE INDEX (QOQ) REAL CONSUMER SPENDING

Actual

Forecast
-0.1% 7.4

Previous

-0.2% 7.4

1.6% -13.9B 0.8% 1.5% 0.1% 1.0% 0.0% 1.0% -0.2% 0.3% 3.6% 2.0% 1.4%

1.4% -13.0B 0.8% 1.5% 0.2% 1.2% 0.0% 0.7% -0.2% 1.0% 3.6% 2.0% 1.4%

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