Daily Commodity Pointer
19th September 2014

Tracking Market
Sep 18 2014 ClosePrevCloseAbsChange
$ / Re.60.8460.90-0.06
Euro / $1.29171.28470.0070
Light Sweet Crude Oil93.0293.98-0.96
Gold $ / OZ-1225.901223.902.00
Silver $ / OZ-18.5218.54-0.02
$ / Yen108.76108.440.32

On Sep 19 2014
Events ETISTForecastPrev
US CB Leading Index m/m140019300.4%0.9%

CallTracker
Commodity LTPT1T2SLMarginTick
COPPER420 423.5425418250000.05


  Pivot Point - Agri/Non-Agri


  
Energy
NYMEX crude recovers slightly in Asia as supply focus intensifies
Crude oil prices rebounded slightly in Asia on Friday even as storage woes for bulging crude supplies hang over the market as production outpaces demand for now.
Bullions
Gold prices dip in Asia as investors keep focus on Fed
Gold continued to drop in early Asia on Friday with investors focused on the possibility of a Federal Reserve rate hike next year.
Currency
Pound up on expectation Scotland to stay part of United Kingdom
The pound surged on Friday in Asia on expectations that voters in Scotland narrowly decided to stay part of the United Kingdom, but results were not yet final.
Base Metals
Copper, base metals slip as Fed rates outlook boosts dollar
Copper and other base metals slipped on Thursday, pressured by renewed weakness in China's property market and by a sharp rise in the dollar after the U.S. Federal Reserve signalled interest rates could rise faster than expected.
Agri Commodity
Sugar turns sour on slack buying
Sugar prices on the Vashi wholesale market declined by Rs.36/quintal at the lower side while ruling steady at the upper side on Thursday as producers sold fair quality old stocks at lower rates and kept fine variety prices steady.
Quality hybrid lends sheen to turmeric
Spot turmeric prices in Erode markets increased on Thursday due to arrival of fine variety.
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 4128.68 crores, whereas MCX recorded a total traded turnover of Rs. 22319.80 Crores on 18th September 2014.
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