Daily Commodity Pointer
11th February 2016

Tracking Market
Feb 10 2016 ClosePrevCloseAbsChange
$ / Re.67.8567.94-0.09
Euro / $1.12901.1292-0.0002
Light Sweet Crude Oil27.4428.30-0.86
Gold $ / OZ-1197.501188.908.60
Silver $ / OZ-15.2915.250.03
$ / Yen113.31115.11-1.80

On Feb 11 2016
Events ETISTForecastPrev
Eurogroup MeetingsALL DAYALL DAY--
US Unemployment Claims9.30AM7.00PM287K285K
US Fed Chair Yellen Testifies11.00AM8.30PM--
US Natural Gas Storage11.30AM9.00PM-82B-152B

Commodity LTPT1T2SLMarginTick

  Pivot Point - Agri/Non-Agri

NYMEX crude eases further in holiday-thinned Asian trade
Crude oil prices fell further in Asia on Thursday in holiday -thinned trade with the key markets of Japan and China shut.
Gold prices up in Asia after Fed chief views, Japan, China shut
Gold gained in Asia on Thursday off testimony by the Fed chief that the pace of interest rate hikes would be gradual in otherwise holiday-thinned trade with markets in Japan and China shut.
EUR/USD ticks up after Yellen's comments put March hike into question
EUR/USD inched up on Wednesday on a volatile day of trading, after Federal Reserve chair Janet Yellen provided few indications on the timing of the Fed's next interest rate move in guarded testimony on Capitol Hill.
Base Metals
Copper holds near two-week low as Freeport exports may swell glut
Copper held near a two-week low on concern that exports from Freeport-McMoRan?s Indonesia mine set to resume shipments from its Grasberg mine in Indonesia, the world?s second-largest for the commodity, will add to an oversupply
Agri Commodity
Weak arrivals lift pulses
Weak arrival and improved buying support from millers lifted prices of majority of pulse seeds in Indore mandis with tur (Maharashtra) being quoted at Rs.8,300-8,400 a quintal, while tur (Madhya Pradesh) ruled at Rs.7,500
Mixed trend in sugar
Sugar market ruled steady with minor changes on Wednesday on routine volumes.
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 2942.99 crores, whereas MCX recorded a total traded turnover of Rs. 25682.63 Crores on 10th February 2016.
Ventura Commodities Ltd.
Corporate Office: C-112/116, Bldg No. 1, Kailash Industrial Complex, Park Site, Vikhroli (W), Mumbai – 400079.

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