Daily Commodity Pointer
14th May 2013
Tracking Market
May 14 2013 ClosePrevCloseAbsChange
$ / Re.54.7354.80-0.07
Euro / $1.29811.2983-0.0002
Light Sweet Crude Oil94.8895.97-1.09
Gold $ / OZ-1429.701447.20-17.50
Silver $ / OZ-23.6223.80-0.18
$ / Yen101.75101.600.15

On May 14 2013
Events ETISTForecastPrev
EUR German ZEW Economic Sentiment0900143039.536.3
EUR Industrial Production m/m090014300.6%0.4%
EUR ECOFIN MeetingsAll DayAll Day--

CallTracker
Commodity LTPT1T2SLMarginTick
COPPER409406403411.7250000.05


  Pivot Point - Agri/Non-Agri


  
Energy
Oil slightly higher despite China demand disappointment
Oil futures traded modestly higher in the early part of Tuesday?s Asian session despite news of slowing demand in China last month.
Bullions
Gold slightly lower as ETF outflows continue
Gold futures traded modestly lower in the early part of Tuesday?s Asian session as traders speculated that physical demand for bullion may be waning.
Currency
Dollar mostly lower amid data points
The U.S. dollar traded lower against nearly all of its major rivals during Tuesday?s Asian session following a deluge of data points released earlier Tuesday.
Base Metals
Copper rises on China monetary easing speculation
Copper edged up on Monday as weak Chinese factory data for April raised expectations the top metal consumer may embark on further monetary easing, which would underpin demand for metals.
Agri Commodity
Weak global cues drag soyabean, oil
With rise in buying support in soya oil futures, soya oil prices in Indore mandis on Monday ruled marginally higher.
Turmeric not to rise till month-end
Going by the current trend and the rising temperature levels, there will not be any upcountry orders for turmeric till the month end.
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 3033.11 crores, whereas MCX recorded a total traded turnover of Rs. 45445.14 Crores on 13th May 2013.
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