Вы находитесь на странице: 1из 9

DAILY MCX NEWSLETTER

21 - JAN. JAN.-2014 2014

www.TheEquicom.com +919200009266 1

BULLION:
The Silver, Lead and Zinc Ore Mining industry in Australia is expected to generate revenue of $4.3 billion in 2013-14, compared with $3.9 billion in 2008-09, showing annual growth for the five years of 2.1%. The increase reflects higher silver prices over these years, while lead and zinc ore prices declined. These declines did, however, contribute to higher zinc and lead demand and volumes over the period. According to IBISWorld industry analyst Alen Allday, Silver volumes have declined in the past five years, as downstream companies that use silver in their manufacturing processes turned to substitute metals or reduced demand. Industry revenue is expected to increase by 2.8% in 2013-14 as volumes increase slightly and ore prices remain stable or rise by a small margin.

BASE METAL:
Some global economic uncertainty in 2011-12 and 2012-13 resulted in industry declines as ore prices generally fell. Global zinc and lead prices continued to decline from the peaks of 2006-07 and 200708, while silver ore prices peaked in 2011-12 on the back of high gold prices and speculative activity. Firming economic growth after the global financial crisis, especially in China and India, propelled demand for zinc and lead in the past five years, says Allday. In 2013-14, Australia's industry-relevant mine output is estimated at 1.5 million tonnes of zinc, 700,000 tonnes of lead and 58.2 million troy ounces of silver. Comparable figures for 2007-08 are 1.4 million tonnes of zinc, 596,000 tonnes of lead and 62.2 million troy ounces of silver. A high proportion of the industry's output of zinc and silver is exported in the form of concentrates, while a substantial proportion of lead output is refined locally. The industry exhibits a high level of concentration, with major players BHP Billiton Limited, Xstrata Holdings Pty Ltd, and Minerals and Metals Group dominating the market.

ENERGY:
Japan which accounts for 40% of world's import of Liquefied Natural Gas (LNG) is preparing the stage for the launch of world's first LNG futures contract. Japan currently pays $16-18 per million British Thermal units for LNG as against the $4-5/mm btu for the product in gaseous form in USA,the Wall Street Journal reported. Last year, Japan's Ministry of Economy, Trade and Industry (MITI) had announced it goal of launching the LNG futures by March 2012. As a first step it will be establishing a spot LNG reference price and a joint venture with a Singapore firm to start an over-the-counter market for LNG derivatives. Natural gas demand has risen in Asian following the Fukushima Daiichii accident in March 2011 which led to shutdown of nuclear reactors worldwide.

www.TheEquicom.com +919200009266 2

BULLION

GOLD (5 FEB.)
OUTLOOK:
TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 29500, 29650 : - 29050, 28900 : - BUY ON DIPS

SILVER (5 MAR.)
OUTLOOK:
TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 45350, 45700 : - 44700, 44400 : - BUY ON DIPS

www.TheEquicom.com +919200009266 3

ENERGY

CRUDEOIL (19 FEB.)


OUTLOOK:
TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 5830, 5880 : - 5710, 5650 : - SELL ON HIGH

NATURAL GAS (28 JAN.)


OUTLOOK:
TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 265.50, 269.00 : - 258.50, 253.00 : - BUY ON DIPS

www.TheEquicom.com +919200009266 4

BASE METAL

COPPER (28 FEB.)


OUTLOOK:
TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 459.00, 462.50 : - 453.50, 450.50 : - SELL ON HIGH

LEAD (31 JAN.)


OUTLOOK:
TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 136.00, 137.00 : - 133.00, 132.00 : - SELL ON HIGH

www.TheEquicom.com +919200009266 5

ZINC (31 JAN.)


OUTLOOK:
TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 129.50, 130.50 : - 126.50, 125.50 : - SELL ON HIGH

ALUMINUM (31 JAN.)


OUTLOOK:
TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 110.50, 111.50 : - 107.50, 106.50 : - SELL ON HIGH

NICKEL (31 JAN.)


OUTLOOK:
TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 907.00, 916.00 : - 887.00, 878.50 : - BUY ON DIPS

www.TheEquicom.com +919200009266 6

GOLD SILVER COPPER CRUDEOIL PALLANDIUM PLATINUM

1252.23 20.200 3.340 94.10 746.30 1461.80

USDINR EURUSD USDJPY USDCHF GBPUSD USDCAD

61.5550 01.3545 104.670 00.9119 01.6425 01.0953

www.TheEquicom.com +919200009266 7

www.TheEquicom.com +919200009266 8

DISCLAIMER
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it and takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. TheEquicom recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. TheEquicom shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to TheEquicom might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in Commodity and equity market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above. TheEquicom does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.

www.TheEquicom.com +919200009266 9

Вам также может понравиться