Beruflich Dokumente
Kultur Dokumente
DAILY
R4
R3
R2
R1
PP
S1
S2
S3
S4
110
109
108
108
107
107
106
105
30-NOV-2016 319
316
313
312
310
309
307
304
301
3502
3451
3426
3400
3375
3349
3298
3247
GOLD
29415
LEAD
31-OCT-2016 140
138
136
134
134
132
132
130
128
218
211
206
204
199
197
190
183
691
680
673
669
662
658
647
636
COPPER
EXPIRY
NICKEL
31-OCT-2016 702
SILVER
ZINC
31-OCT-2016 160
157
154
152
151
149
148
145
41191
142
R4
R3
R2
ALUMINIUM 31-OCT-2016
114
113
112
112
111
111
110
109
108
COPPER
30-NOV-2016
359
345
331
322
317
308
303
289
275
CRUDE OIL
19-OCT-2016
3865
3707
3549
3475
3391
3317
3233
3075
2917
GOLD
28481
LEAD
31-OCT-2016
148
143
138
136
133
131
128
123
118
NATURALGA 26-OCT-2015
S
31-OCT-2016
NICKEL
268
248
228
215
208
195
188
168
148
785
749
713
690
677
654
641
605
569
SILVER
ZINC
EXPIRY
R1
PP
S1
S2
S3
163
159
155
153
151
149
147
143
S4
39471
139
EXPIRY
R4
R3
R2
R1
67
PP
S1
S2
S3
S4
USDINR
66
EURINR
72
GBPINR
JPYINR
82
81.20
64
63.80
63.60
S2
S3
S4
EXPIRY
R4
R3
R2
R1
PP
S1
USDINR
65.60
EURINR
26-OCT2016
71.60
GBPINR
JPYINR
74
64
81
63.70 63.40
80.70
63.10
EXPIRY DATE
R4
R3
R2
R1
PP
S1
S2
S3
S4
SYOREFIDR
18-NOV-2016
676
665
664
662
658
654
SYBEANIDR
18-NOV-2016
3114
3102
3075
3048
RMSEED
18-NOV-2016
4537
4525
4494
4463
JEERAUNJHA
16313 15853
15393
GUARSEED10
18-NOV-2016
3427
3409
3366
3323
TMC
18-NOV-2016
7126
7068
6958
6848
R4
R3
R2
R1
PP
S1
S2
S3
S4
DATE
SYOREFIDR 18-NOV-2016 702
689
676
671
663
658
650
637
624
3189
3081
3018
2910
2739
2568
4598
4526
4476
4404
4282
4160
14675
13710
3500
3422
3365
3287
3152
3017
7445
7283
7021
6859
6435
6011
RMSEED
TMC
EXPIRY
were up 20 cents at $1,270.10. "The focus today will be the ECB meeting where the
market is looking for clarification on a number of issues," Saxo Bank's head of
commodity research Ole Hansen said. " bond tapering and further signs that additional
measures are off the table." Gold prices are up 1.5 percent this week, on track to snap
three weeks of losses. The precious metal has regained some technical momentum after
closing on Wednesday above its 200-day moving average of $ 1,267. The euro EUR=
held near a three-month low against the dollar ahead of the ECB meeting, offering little
direction to gold. Stocks inched higher after the third and final U.S. presidential debate,
which was judged not to have improved Donald Trump's election hopes. That weighed on
gold. A win for Democrat Hillary Clinton is now clearly predicted by polls, and is seen as
easing the way for a rise in interest rates, heavily tipped by a number of Federal Reserve
policymakers for December. India's overseas purchases of gold likely hit a nine-month
high in October as a flip in domestic prices to a premium prompted banks and refiners to
resume imports ahead of the festival season, industry officials told Reuters. gold exports
to China hit their highest since January last month, Swiss customs data showed on
Thursday, though a sharp drop in shipments to Hong Kong meant exports to the two
combined were sharply lower than a year earlier. more gold was shipped directly to
China," Research note. "What is more, Swiss gold exports to India climbed to their
highest level since January, which points to demand recovering there." Among other
precious metals, silver XAG= was flat at $17.63 an ounce, while platinum XPT= was
down 0.2 percent at $941 an ounce and palladium XPD= was down 0.5 percent at
$632.95 an ounce.
ENERGY
Oil prices were stable on Friday, weighed down by a stronger dollar but supported by
signs fuel markets are balancing after two years of oversupply. The dollar rose to its
highest level since March against a basket of other leading currencies .DXY on Thursday,
potentially crimping demand as fuel becomes more expensive for countries using other
currencies. West Texas Intermediate crude CLc1 was trading at $ 50.62 a barrel at 0050
GMT, 1 cent below its last settlement. International Brent crude oil futures LCOc1 were
up 3 cents at $ 51.41 per barrel. Crude prices fell over 2 percent the previous session on
the back of the soaring dollar. the falls, overall sentiment in oil markets was confident as
financial investors are still keen to pour more money into crude futures, and there are also
mounting signs of a tightening physical oil market. "The near term fundamentals in the
oil market have turned positive. Demand is stabilizing, OPEC production has peaked ,
and global inventory declines imply that the market is more balanced than many believe,"
Neil Beveridge of Bernstein Energy said in a note to clients. The Organization of the
Petroleum Exporting Countries plans to implement a 0.5 to 1 million barrels per day
fell 0.55 cents or 0.3% to $2.0905 per pound. The contract has now declined nine
consecutive sessions.Yesterday, the International Copper Study Group said the refined
copper market was in a surplus of around 133,000 tonnes in July, although it was in a
deficit of around 264,000 tonnes in January-July.
The trade group added that Chinese refined copper imports were at the lowest monthly
total since April 2013, raising concerns that despite economic expansion of 6.7% in the
third quarter, the worlds largest end-user of copper isnt consuming as much red metal as
expected.But the country is still producing at a high rate with Chinese refined copper
metal output in September coming in at 725,000 tonnes, a year-on-year increase of 7.2%,
according to data from the countrys National Bureau of Statistics.
Lead prices were down 0.29 per cent to Rs 135.50 per kg in futures trading today as
participants reduced their exposure, triggered by subdued demand from consuming
industries in the spot market and weak global cues. At the Multi Commodity Exchange,
lead for delivery in November month declined by 40 paise, or 0.29 per cent to Rs 135.50
per kg in business turnover of 24 lots. Likewise, the metal for delivery in current month
contracts shed 25 paise, or 0.19 per cent to Rs 134.85 per kg in 483 lots.
Marketmen said the weakness in lead futures was due to a sluggish demand from batterymakers at the domestic markets, apart from weak global cues after China's exports
unexpectedly declined, raising global demand outlook.
Zinc futures fell by 0.30 per cent to Rs 150.45 per kg today as speculators indulged in
reducing positions amid a weak trend in base metals overseas and low spot demand. Zinc
for delivery in current month shed 45 paise or 0.30 per cent to Rs 150.45 per kg at the
Multi Commodity Exchange. It clocked a business turnover of 734 lots. The metal for
delivery in November too fell by a similar margin to trade at Rs 151.10 per kg in 23 lots.
Analysts attributed the fall in zinc futures to cutting down of bets by participants, tracking
weakness in base metals pack at the London Metal Exchange amid concerns over China's
economy.
Zinc prices declined by Rs 3 per kg at the non-ferrous metal market due to reduced
offtake by consuming industries. Traders attributed the fall in zinc prices to easing
demand from consuming industries. In the national capital, zinc ingot declined by Rs 3 to
Rs 100-106 per kg. Following are today's metal rates : Zinc ingot Rs 100-106, Nickel
plate Rs 823-828, gun metal scrap Rs 227, Bell metal scrap Rs 229, copper mixed scrap
Rs 360, chadri deshi Rs 295. Lead ingot Rs 85, lead imported Rs 91, aluminium ingots Rs
158, aluminium sheet cutting Rs 154, aluminium wire scrap Rs 154 and aluminium
Global Updates
ICE raw sugar futures fell to the lowest last week, breaking below a twoweek , trading
range and triggering technical selling after falling below recent session lows. March raw
sugar settled down 0.87 cent, the lowest since Sept. 26. Brazil's main center-south cane
belt will likely turn out a smaller crop next season, despite a bright market outlook for
sugar, industry group Unica said, as the lack of investment in fields in recent years takes
its toll on the crop's potential. As per CFTC data, Speculators again cut their huge sugar
net long stance on ICE Futures U.S. in the week to Oct. 18. Robobank projected a global
deficit of 7.2mt in the upcoming 2016/17 season after a 7.9mt shortfall in the current
season. Meanwhile, Platts Kingsman raised its forecast for an anticipated global sugar
deficit in the 2016/17 season (October/September) by 570,000 tonnes to 6.45mt. Earlier,
the International Sugar Organization , forecast a global sugar deficit of 7.05 mt.
Domestic update
However, the Cotton Association of India , has retained the cotton crop estimates for the
year 2016-17 season at 336 lakh bales of 170 kg each. The projected balance sheet drawn
by CAI estimated total cotton supply for the cotton season 2016-17 at 398 lakh bales,
while the
domestic consumption is estimated at 309 lakh bales thus leaving an available surplus of
89 lakh bales. As per officials of the Nagpur-based Central Institute for Cotton Research ,
Soybean
Soybean futures traded sideways to higher on lower level buying by the stockists and
solvent extractor for new season crop. The mostactive Nov16 delivery contract closed
0.39% higher for the week to settle at Rs. 3,125 per quintal. The harvesting of soybean in
full swing and supplies are strong in the physical market. As per SEA recent survey
soybean production in 2016-17 forecasted at 10.9 mt, up 58% from the last year.
Rape/mustard Seed
Mustard seed futures closed higher last week due to lower level buying and pickup in
industrial demand. The Nov16 contract ended 0.29% higher last week to settle at Rs.
4,549/quintal. The demand for mustard may pickup in physical market due to
approaching winter. The prices were at lower levels as demand is not picking up from
stockists and oil mill. The country's production of rapeseed is expected to increase by
12.5% to 6.3 mt from a year earlier. There is expectation ofhigher production in the next
season, which encourage traders to sell their stored mustard.
Refined Soy Oil
Refined soy oil futures traded quite volatile but closed steady due to higher supplies and
good festive demand in the physical market. The most active Ref Soy oil Nov16 expiry
contract closed 0.02% higher last week to settle at Rs. 666.0 per quintal. Earlier the prices
have touched higher levels for the month as government increase the base import prices
for crude soyoil by 2.18 % to $845 per tonnes. This is the second increase in a month by
the government. Since January 2016, the base import prices for crude soyaoil increase by
more than 17 % from $720 per tonnes. Government fixes the tariff value every fortnight.
As per SEA data, India September crude soyoil import 469,564 tonnes, an increase of 46
% compared to 321,062 tonnes year ago while, India Nov-Sep crude soyoil import 3.96
mt vs 2.58 mt an increase of 53% y/y for the current oil year NovOct. Earlier, India has
cut import taxes on both crude palm oil and refined edible oils by 5% points to 7.5 and 15
% respectively.
Crude Palm Oil
CPO Futures traded sideways to lower due to sufficient stocks in the physical market
against steady demand. The most active CPO Oct16 expiry closed down by 0.09% last
week to settle at Rs. 532.4 per 10 kg. As per SEA data, imports of RBD palmolein
increase to 2.40 mt vs 1.43 mt for Nov-Sep period. India's palm oil imports in 2016/17
are likely by rise 9% to 9.24mt from a year earlier, as a growing population and higher
income levels drive up edible oil consumption. However, palm oil imports by India fell
for a fifth month in September dropped by 5.5% to 564,912 tons in September from a
year earlier. While for the current oil year, CPO imports pegged at 5.23 mt in Nov-Sep,
compared with 6.85 mt a year ago. However, data showed The tariff value of RBD
palmolein decrease 8.2% for the 2nd half of October compared to previous
fortnight.Malaysian palm oil closed higher last week as supported by weaker ringgit and
weaker palm oil production due to delayed result of last years El Nio. The output is
expected to see lower-than-average gains, as it is still impacted by the lingering effects of
the crop-damaging El Nino. According to cargo surveyor data, exports of Malaysias
palm oil products during October 1 to 20 fell 12.4 % to 800,854 tonnes compared with
914,264 tonnes during September 1 to 20.
Turmeric
Turmeric futures closed lower last week due to higher arrivals from the last year stocks.
However, early in the week, the prices have increase due to fresh upcountry demand as
festival season approaching. Turmeric Nov16 delivery contract on NCDEX closed
0.80% down last week to settle at Rs 7,184 per quintal. The demand from the industrial
buyers will support the prices just before new season harvesting. On the export front,
country exported about 42,923 tonnes of turmeric during April-July period up by 34.5%
compared last year, as per department of commerce data. Expectations of increasing
production in coming harvesting season and lowering export demand in recent months are
putting pressure on turmeric prices at higher levels. Turmeric acreage in Telangana and
Andhra Pradesh was higher this year as compared last year. Sowing of turmeric is over
and up by 107 % of normal sowing area.
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