Daily Commodity Pointer
30th January 2015

Tracking Market
Jan 29 2015 ClosePrevCloseAbsChange
$ / Re.61.8561.440.41
Euro / $1.13181.12860.0032
Light Sweet Crude Oil44.4144.380.03
Gold $ / OZ-1256.701283.90-27.20
Silver $ / OZ-16.9518.00-1.05
$ / Yen118.27117.530.74

On Jan 30 2015
Events ETISTForecastPrev
EUR CPI Flash Estimate y/y3.30PM10.00AM-0.5%-0.2%
US Advance GDP q/q7.00PM1.30PM3.0%5.0%
US Chicago PMI2.45PM8.15PM57.758.3
US Revised UoM Consumer Sentiment3.00PM8.30PM98.598.2

CallTracker
Commodity LTPT1T2SLMarginTick
COPPER339.5336334342250000.05


  Pivot Point - Agri/Non-Agri


  
Energy
NYMEX crude continues overnight gains into Asia, demand prospects eyed
Crude oil prices continued overnight gains in early Asia on Friday as investors kept an eye on demand cues from countries like India and China to see if falling prices spur consumers.
Bullions
Gold prices rebound in early Asia with Chinese New Year demand eyed
Gold prices rebounded slightly in Asia Friday on physical demand prospects ahead of the Chinese New Year holidays in February with the dollar also slightly weaker.
Currency
Yen gain slightly on jobs data, but CPI data misses expectations
The Japanese yen picked up some strength on Friday after mixed data showed a dop in unemployment, but weaker than expected CPI and industrial output.
Base Metals
Copper slips to new 5.5-year low
Copper prices fell to a new five-and-a-half-year low Thursday, brought down by a stronger dollar and investor concerns that China's slowing economy would hamper demand for the industrial metal.
Agri Commodity
Turmeric tops Rs.8,000/quintal on quality arrivals
Spot turmeric prices gained in Erode markets as the quality of arrivals was good. Prices topped Rs.8,000 a quintal.
Ample stocks keep sugar on leash
Sugar prices remained unchanged on Vashi wholesale market on the back of routine demand-supply.
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 3563.89 crores, whereas MCX recorded a total traded turnover of Rs. 26860.60 Crores on 29th January 2015.
Ventura Commodities Ltd.
Corporate Office: C-112/116, Bldg No. 1, Kailash Industrial Complex, Park Site, Vikhroli (W), Mumbai – 400079.

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