Daily Commodity Pointer
26th November 2014

Tracking Market
Nov 25 2014 ClosePrevCloseAbsChange
$ / Re.61.8661.91-0.05
Euro / $1.24741.24420.0032
Light Sweet Crude Oil73.8675.70-1.84
Gold $ / OZ-1200.001196.103.90
Silver $ / OZ-16.6516.450.20
$ / Yen117.96118.26-0.30

On Nov 26 2014
Events ETISTForecastPrev
US Core Durable Goods Orders m/m133019000.5%-0.1%
US Durable Goods Orders m/m13301900-0.4%-1.1%
US Core PCE Price Index m/m133019000.1%0.1%
US Unemployment Claims13301900287K291K
US Personal Spending m/m133019000.4%-0.2%
US Chicago PMI1445201563.166.2
US Revised UoM Consumer Sentiment1455202590.289.4
US New Home Sales15002030471K467K
US Pending Home Sales m/m150020300.9%0.3%
US Crude Oil Inventories153021000.4M2.6M
US Natural Gas Storage17002230-145B-17B

CallTracker
Commodity LTPT1T2SLMarginTick
COPPER405401398407.5250000.05


  Pivot Point - Agri/Non-Agri


  
Energy
NYMEX crude oil dips in Asia despite API drop, looks to OPEC
Oil prices dipped in early Asia on Wednesday despite U.S. industry data that showed a solid drop in crude stocks last week.
Bullions
Gold gains in early Asia with U.S. demand eyed ahead of holidays
Gold prices rose in early Asia on Wednesday with investors focused on U.S. demand ahead of the start of the busy Christmas shopping season this week.
Currency
Yen gains in early Asia with focus on busy U.S. data day ahead
The Japanese yen gained in early Asia on Wednesday in a thin data day in the region and a focus on U.S. data ahead of the Thanksgiving holiday.
Base Metals
Copper drops after weak U.S. confidence data, doubts on China
Copper and other base metals dropped on Tuesday after a surprise fall in U.S. consumer confidence and as investors doubted whether additional monetary policy easing in top metals consumer China would translate into a significant increase in demand.
Agri Commodity
Chana rules firm on slack buying
Chana ruled stable on subdued buying and demand with chana (kanta) being quoted at Rs.2,925-50 a quintal, while chana (desi) ruled at Rs.2,700 and chana (mausmi) at Rs.2,800.
Quality lends colour to turmeric
Prices of the hybrid root turmeric increased at spot markets of Erode on Tuesday.
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 3748.95 crores, whereas MCX recorded a total traded turnover of Rs. 25011.73 Crores on 25th November 2014.
Ventura Commodities Pvt.  Ltd.
Corporate Office: C-112/116, Bldg No. 1, Kailash Industrial Complex, Park Site, Vikhroli (W), Mumbai – 400079.

This report is neither an offer nor a solicitation to purchase or sell commodities. The information and views expressed herein are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in or have positions in the commodities mentioned in their articles. Neither Ventura Commodities Private Limited nor any of the contributors accepts any liability arising out of the above information/articles. Reproduction in whole or in part without written permission is prohibited. This report is for private contribution.