daily commodity report - inventure growthmcx silver mcx silver 03 jul 2015 mcx gold 05 aug 2015...

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Open High Low Close % Cng Gold 26904 26975 26840 26894 0.01 Silver 36732 36830 36534 36594 -0.59 Aluminium 110.55 110.85 109.80 110.05 -0.36 Copper 378.75 380.95 377.20 380.70 0.48 Lead 118.70 119.40 117.55 119.25 -0.04 Nickel 848.20 848.20 830.20 842.60 -1.20 Zinc 135.85 136.50 134.30 136.30 0.07 Crude 3874.00 3879.00 3835.00 3858.00 -0.95 Nat. Gas 181.30 181.30 176.30 177.50 -2.69 Chana 4630 4651 4583 4637 -0.02 Cardamom 815.0 818.8 804.0 811.8 -0.65 Turmeric 7580 7596 7446 7464 -1.32 Jeera 17075 17075 16750 16825 -0.94 Wheat 1472 1488 1472 1487 0.61 Soybean 3700 3705 3652 3673 -1.24 Ref. Oil 590.2 597.5 587.1 594.3 0.60 CPO 449.6 458.2 449.6 455.4 0.82 RMSeed 4192 4249 4163 4230 0.45 Mentha Oil 994.6 1012.3 991.1 1003.1 0.70 Cotton 16080 16190 15950 16110 0.37 USDINR 64.19 64.32 64.07 64.27 0.17 EURINR 72.38 72.38 71.70 71.86 -0.53 GBPINR 99.45 99.65 99.37 99.51 0.28 JPYINR 51.93 52.09 51.88 51.95 0.11 Currency SELL COPPER JUNE @ 382 SL 385.50 TGT 379.50-376.20-374.MCX Round up Gold prices settled flat shrugging off the slightly weaker dollar, lower equity markets and uncertainty over the Greek debt crisis. Base metals prices seen under pressure weighed down by uncertainty over Greek debt talks and prompted by a slowdown in growth in China's fixed-asset investment to a rate not seen since 2000, which raised fears of a deeper economic downturn. The FOMC is scheduled to hold its meeting, which will be closely watched for any indicators to interest rate hikes by the Federal Reserve. Crude oil prices dropped on worries that higher Saudi Arabia output would feed the global supply glut. Daily Commodity Report as on Monday, June 15, 2015 The entire spices counter on the NCDEX yesterday ended with losses. Turmeric prices ended with more than one percent losses whereas Dhaniya and jeera prices ended with around one percent losses. Turmeric prices ended with losses due to arrival of medium and lower quality turmeric in the spot Market. Jeera prices ended with losses due to a decline in the export demand. Trading Calls for the Day SELL SILVER JULY @ 36900 SL 37300 TGT 36500-36100-35800.MCX SELL CRUDE OIL JUNE @ 3870 SL 3920 TGT 3830-3790-3760.MCX SELL GOLD AUG @ 26900 SL 27050 TGT 26832-26750-26660.MCX Rupee dropped on demand from oil importers amid worries over a default by Greece. BUY MENTHA OIL JUNE @ 990 SL 980 TGT 1005-1020.MCX SELL SOYABEAN AUG @ 3700 SL 3740 TGT 3660-3620.NCDEX SELL CHANA JULY @ 4670 SL 4810 TGT 4630-4590.NCDEX Precious Metals Base Metal Energy Agri

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Page 1: Daily Commodity Report - Inventure GrowthMCX Silver MCX Silver 03 JUL 2015 MCX Gold 05 AUG 2015 Daily Commodity Report as on MCX Gold Silver trading range for the day is 36357-36949

Open High Low Close % Cng

Gold 26904 26975 26840 26894 0.01Silver 36732 36830 36534 36594 -0.59

Aluminium 110.55 110.85 109.80 110.05 -0.36Copper 378.75 380.95 377.20 380.70 0.48Lead 118.70 119.40 117.55 119.25 -0.04Nickel 848.20 848.20 830.20 842.60 -1.20Zinc 135.85 136.50 134.30 136.30 0.07

Crude 3874.00 3879.00 3835.00 3858.00 -0.95Nat. Gas 181.30 181.30 176.30 177.50 -2.69

Chana 4630 4651 4583 4637 -0.02Cardamom 815.0 818.8 804.0 811.8 -0.65Turmeric 7580 7596 7446 7464 -1.32Jeera 17075 17075 16750 16825 -0.94

Wheat 1472 1488 1472 1487 0.61Soybean 3700 3705 3652 3673 -1.24Ref. Oil 590.2 597.5 587.1 594.3 0.60CPO 449.6 458.2 449.6 455.4 0.82RMSeed 4192 4249 4163 4230 0.45Mentha Oil 994.6 1012.3 991.1 1003.1 0.70Cotton 16080 16190 15950 16110 0.37

USDINR 64.19 64.32 64.07 64.27 0.17EURINR 72.38 72.38 71.70 71.86 -0.53GBPINR 99.45 99.65 99.37 99.51 0.28JPYINR 51.93 52.09 51.88 51.95 0.11

Currency

SELL COPPER JUNE @ 382 SL 385.50 TGT 379.50-376.20-374.MCX

Round up

Gold prices settled flat shrugging off the slightly weakerdollar, lower equity markets and uncertainty over theGreek debt crisis.

Base metals prices seen under pressure weighed down byuncertainty over Greek debt talks and prompted by aslowdown in growth in China's fixed-asset investment to arate not seen since 2000, which raised fears of a deepereconomic downturn. The FOMC is scheduled to hold itsmeeting, which will be closely watched for any indicators tointerest rate hikes by the Federal Reserve.

Crude oil prices dropped on worries that higher SaudiArabia output would feed the global supply glut.

Daily Commodity Reportas on Monday, June 15, 2015

The entire spices counter on the NCDEX yesterdayended with losses. Turmeric prices ended with morethan one percent losses whereas Dhaniya and jeeraprices ended with around one percent losses.Turmeric prices ended with losses due to arrival ofmedium and lower quality turmeric in the spotMarket. Jeera prices ended with losses due to adecline in the export demand.

Trading Calls for the Day

SELL SILVER JULY @ 36900 SL 37300 TGT 36500-36100-35800.MCX

SELL CRUDE OIL JUNE @ 3870 SL 3920 TGT 3830-3790-3760.MCX

SELL GOLD AUG @ 26900 SL 27050 TGT 26832-26750-26660.MCX

Rupee dropped on demand from oil importers amidworries over a default by Greece.

BUY MENTHA OIL JUNE @ 990 SL 980 TGT 1005-1020.MCX

SELL SOYABEAN AUG @ 3700 SL 3740 TGT 3660-3620.NCDEX

SELL CHANA JULY @ 4670 SL 4810 TGT 4630-4590.NCDEX

Precious Metals

Base Metal

Energy

Agri

Page 2: Daily Commodity Report - Inventure GrowthMCX Silver MCX Silver 03 JUL 2015 MCX Gold 05 AUG 2015 Daily Commodity Report as on MCX Gold Silver trading range for the day is 36357-36949

Open 26904High 26975Low 26840Close 26894% Cng 0.01OI 8033Volume 8582Resist 2 27038Resist 1 26966Support 1 26831Support 2 26768

Open 36732High 36830Low 36534Close 36594% Cng -0.59OI 14372Volume 14239Resist 2 36949Resist 1 36772Support 1 36476Support 2 36357

Monday, June 15, 2015

MC

X S

ilver

MCX Silver03 JUL 2015

MCX Gold05 AUG 2015

Daily Commodity Reportas on

MC

X G

old

Silver trading range for the day is 36357-36949.

Silver prices dropped after some upbeat economic data from the U.S. with producer prices and consumer sentiment rising more than expected.

Data showed U.S. producer prices in May recorded their biggest increase in more than 2-1/2 years, while U.S. consumer sentiment rose more than expected in JuneThe International Monetary Fund announced yesterday that it has pulled out of talks with Greece, placing the blame on Athens.

Silver settled down -0.59% at 36594 after some upbeat economic data from the U.S. with producer prices and consumer sentiment rising more than expected.The drop comes even as the dollar continued to fluctuate against a basket of some major currencies. The developments in Europe also continued to weigh onprices. The International Monetary Fund announced yesterday that it has pulled out of talks with Greece, placing the blame on Athens. Creditors remainfrustrated over Greece's response to its debt crisis and the onus is now on Greece to do more to unlock bailout funds before its euro-area bailout packageexpires on June 30. Investors continue to look for cues as to when a rate hike would occur, remain unsure of the outlook for rate hikes from the Federal Reserve.As a result, the precious metal has been trading in a steady range for the past few weeks. Some upbeat data this week including the strong retail sales reportindicate the U.S. economy is poised to recover from a soft first quarter. The Federal Open Market Committee is scheduled to hold its meeting, which will beclosely watched for any indicators to interest rate hikes by the Federal Reserve. Producer prices in the U.S. rose slightly more than anticipated in May, with theprice growth largely reflecting a substantial rebound in energy prices, a report from the Labor Department showed. Consumer sentiment in the U.S. improvedmuch more than anticipated in June, a report from the University of Michigan said. Technically market is under fresh selling as market has witnessed gain in openinterest by 5.18% to settled at 14372, now Silver is getting support at 36476 and below same could see a test of 36357 level, And resistance is now likely to beseen at 36772, a move above could see prices testing 36949.

Market Snapshot

SELL SILVER JULY @ 36900 SL 37300 TGT 36500-36100-35800.MCX

2

Gold prices settled flat shrugging off the slightly weaker dollar, lower equity markets and uncertainty over the Greek debt crisis, as traders were cautious aheadof the U.S. Federal Reserve's policy-setting meeting. German Chancellor Angela Merkel called on all parties to return to the negotiating table for Greek bailouttalks, a day after the International Monetary Fund said it was halting negotiations due to a lack of progress. The uncertainty surrounding Greece’s financialsituation has buoyed prices for gold, an asset some investors buy in the belief it will hold its value during turbulent times. Data on Friday showed U.S. producerprices in May recorded their biggest increase in more than 2-1/2 years, while U.S. consumer sentiment rose more than expected in June. A firming economycould prompt the Fed to raise interest rates in September, which would boost the dollar further, in turn denting demand for non-interest-paying bullion. StrongMay retail sales data released Thursday and upward revisions to data from previous months and last week’s stronger-than-expected jump in nonfarm payrollsreleased a week ago showed the U.S. economy is recovering from a weak first quarter. So market expectations have shifted back to prospects for a near-terminterest-rate hike following the upbeat U.S. economic data. Tighter monetary policy is a negative for gold because it implies rates will move higher and golddoesn’t bear interest. The U.S. central bank will begin its two-day meeting on Tuesday, with a statement to be released on Wednesday. Technically now Gold isgetting support at 26831 and below same could see a test of 26768 level, And resistance is now likely to be seen at 26966, a move above could see pricestesting 27038.

Market Snapshot

Gold trading range for the day is 26768-27038.

Gold prices settled flat shrugging off the slightly weaker dollar, lower equity markets and uncertainty over the Greek debt crisis.

German Chancellor Angela Merkel called on all parties to return to the negotiating table for Greek bailout talks.

SPDR gold trust holdings dropped by 0.24 tonnes to 703.98 tonnes from 704.22 tonnes.

SELL GOLD AUG @ 26900 SL 27050 TGT 26832-26750-26660.MCX

Page 3: Daily Commodity Report - Inventure GrowthMCX Silver MCX Silver 03 JUL 2015 MCX Gold 05 AUG 2015 Daily Commodity Report as on MCX Gold Silver trading range for the day is 36357-36949

Open 3874High 3879Low 3835Close 3858% Cng -0.95OI 12132Volume 109670Resist 2 3901Resist 1 3879Support 1 3835Support 2 3813

Open 181.3High 181.3Low 176.3Close 177.5% Cng -2.69OI 5319Volume 41736Resist 2 183.4Resist 1 180.5Support 1 175.5Support 2 173.4

2

MC

X N

atu

ral g

as

MCX Natural gas

Naturalgas settled down -2.69% at 177.5 as traders continued a two-day selloff as data suggested an oversupplied market. Stockpiles rose 111 billion cubic feetin the week ended June 5 to 2.344 trillion, the U.S. Energy Information Administration said. The increase was bigger than the five-year average gain for theweek of 89 billion. The report halted a rally that came as forecasts for hotter June weather in some of the biggest U.S. cities showed stronger demand to powerair conditioners. Temperatures on the East Coast and Midwest will be above normal over the next 15 days, according to MDA Weather Services. U.S. gasproduction in July will rise to 79.36 billion cubic feet a day to surpass the monthly record of 79.19 billion reached in December, the government said in its Short-Term Energy Outlook. Global natural gas use will rise at a slower pace than previously forecast amid lower-than-expected growth in Asian demand, said theInternational Energy Agency, cutting its outlook for a third consecutive year. Consumption will rise 2 percent annually in the six years through 2020, comparedwith last year’s estimate of 2.3 percent through 2019, the Paris-based agency said Thursday in its Medium-Term Gas Market Report. Usage in developing Asiaexcluding China will rise 2.9 percent annually, compared with a 2013 forecast of 3.9 percent for the six years to 2018. Rising gas prices in Asia spurred users toswitch to cheaper fuels, the IEA said. Technically market is under fresh selling as market has witnessed gain in open interest by 0.42% to settled at 5319 whileprices down -4.9 rupee, now Naturalgas is getting support at 175.5 and below same could see a test of 173.4 level, And resistance is now likely to be seen at180.5, a move above could see prices testing 183.4.

Market Snapshot

Naturalgas trading range for the day is 173.4-183.4.

Naturalgas settled down as traders continued a two-day selloff as data suggested an oversupplied market.

U.S. gas production in July will rise to 79.36 billion cubic feet a day to surpass the monthly record of 79.19 billion reached in December, the government said.

Global natural gas use will rise at a slower pace than previously forecast amid lower-than-expected growth in Asian demand, said the IEA.

SELL NAT.GAS BELOW 180 SL ABV 184.50 TGT 177.20-174.80-171.80. MCX (STBT)

25 JUN 2015

MC

X C

rud

e oi

l

MCX Crude oil

Crudeoil settled down -0.95% at 3858 on worries that higher Saudi Arabia output would feed the global supply glut. The number of oil rigs in the United Statesnotched another weekly decline, but crude prices did not move much on the data from oil services firm Baker Hughes. In May, Saudi Arabia pumped a record10.3 million barrels per day. The kingdom is the leading member of the Organization of the Petroleum Exporting Countries, and OPEC produces 1 million to 2million bpd above its target of 30 million bpd. The International Energy Agency said it expected world oil demand to rise more than expected this year on theback of economic recovery and a relatively cold winter in the northern hemisphere. China's oil imports fell about 11 percent in May from a year ago in thesteepest drop since November 2013, likely knocking the country off its perch as the world's top crude buyer - a spot it claimed for the first time in April. Lowerimports by China, at a time when markets are expected to be oversupplied following OPEC's decision to keep its output targets unchanged. China imported 23.24million tonnes of crude in May, data from the General Administration of Customs showed. This puts China behind the United States, which imported just under 30million tonnes last month, according to calculations based on data from the U.S. Energy Information Administration. Technically market is under long liquidationas market has witnessed drop in open interest by -8.43% to settled at 12132 while prices down -37 rupee, now Crudeoil is getting support at 3835 and belowsame could see a test of 3813 level, And resistance is now likely to be seen at 3879, a move above could see prices testing 3901.

Market Snapshot

Crudeoil trading range for the day is 3813-3901.

Crude oil prices dropped on worries that higher Saudi Arabia output would feed the global supply glut.

The International Energy Agency said it expected world oil demand to rise more than expected this year on the back of economic recovery.

The number of oil rigs in the United States notched another weekly decline, but crude prices did not move much on the data from Baker Hughes.

SELL CRUDE OIL JUNE @ 3870 SL 3920 TGT 3830-3790-3760.MCX

19 JUN 2015

Daily Commodity Reportas on Monday, June 15, 2015

Page 4: Daily Commodity Report - Inventure GrowthMCX Silver MCX Silver 03 JUL 2015 MCX Gold 05 AUG 2015 Daily Commodity Report as on MCX Gold Silver trading range for the day is 36357-36949

Open 378.8High 381.0Low 377.2Close 380.7% Cng 0.48OI 16087Volume 24292Resist 2 383.3Resist 1 382.0Support 1 378.3Support 2 375.9

Open 135.9High 136.5Low 134.3Close 136.3% Cng 0.07OI 3500Volume 16468Resist 2 137.9Resist 1 137.1Support 1 134.9Support 2 133.5

Market Snapshot

Zinc trading range for the day is 133.5-137.9.

Zinc settled flat as prices seen under pressure on inflows of inventories into warehouses, increasing concern about potential oversupply.

Investors should also pay a close watch on the dollar, which is likely to get a boost from US’s upbeat economic data.

Zinc weekly stocks at Shanghai exchange came down by 3504 tonnes.

SELL ZINC JUNE @ 137.50 SL 139 TGT 136-134.50.MCX

2

Daily Commodity Reportas on Monday, June 15, 2015

MC

X C

opp

er

MCX Copper

Copper settled up 0.48% at 380.7 as prices recovered on short covering on hopes of improving demand in top metals consumer China. However upside seenlimited prompted by a slowdown in growth in China's fixed-asset investment to a rate not seen since 2000, which raised fears of a deeper economic downturn. Innews, China is to further broaden cross-border financing channels for both Chinese and foreign institutions, the central bank said, as it seeks to accelerate theopening its domestic market and promote the yuan as an international currency. Producer prices in the U.S. rose slightly more than anticipated in May, with theprice growth largely reflecting a substantial rebound in energy prices, a report from the Labor Department showed. Producer price index for final demand rose by0.5 percent in May following a 0.4 percent drop in April. Consumer sentiment in the U.S. improved much more than anticipated in June, a report from theUniversity of Michigan said Friday. A preliminary reading on the consumer sentiment index for June came in at 94.6 compared to the final May reading of 90.7.Eurozone industrial production grew only marginally in April as energy and consumer goods output remained weak, signaling that economic recovery is set toslow in the second quarter. The utilization rate at China’s major copper smelters tumbled 9.39 percentage points on the month in May, to 76.04%, due mainly tomaintenance operations. Technically market is under short covering as market has witnessed drop in open interest by -7.58% to settled at 16087 while prices up1.8 rupee, now Copper is getting support at 378.3 and below same could see a test of 375.9 level, And resistance is now likely to be seen at 382, a move abovecould see prices testing 383.3.

Market Snapshot

Copper trading range for the day is 375.9-383.3.

Copper prices gained as prices recovered on short covering on hopes of improving demand in top metals consumer China.

However upside seen limited prompted by a slowdown in growth in China's fixed-asset investment to a rate not seen since 2000.

Producer prices in the U.S. rose slightly more than anticipated in May, with the price growth largely reflecting a substantial rebound in energy prices.

SELL COPPER JUNE @ 382 SL 385.50 TGT 379.50-376.20-374.MCX

MC

X Z

inc

30 JUN 2015

30 JUN 2015MCX Zinc

Zinc settled flat as prices seen under pressure on inflows of inventories into warehouses, increasing concern about potential oversupply. LME zinc inventories arenow on the increases and expanding contango will weigh down LME zinc prices, in addition to negative technical indicators. Investors should also pay a closewatch on the dollar, which is likely to get a boost from US’s upbeat economic data. Shanghai’s zinc inventories likely to fall further this week on decreasingsupply from smelters caused by lower prices compared with Tianjin and Guangdong. Zinc inventories in Shanghai hit a one-month low this week due to the samereason. Guangdong’s stocks, however, grew for a second consecutive week thanks to stable shipments arriving. Total inventories in the three major markets inChina fell for four weeks on end by 5,600 tonnes the week ending June 12 to 271,700 tonnes. German Chancellor Angela Merkel said a "too strong" singlecurrency made it harder for euro zone countries to reap the benefits of reform, but it bounced late in the day after Greece said it was getting closer to a debtdeal. A firmer dollar weighs on commodity markets priced in the U.S. unit since it makes the products more expensive for buyers using other currencies. Three-month zinc on the London Metal Exchange hit a low of $2,095 a tonne, the weakest since April 2, after LME data showed an inflow of nearly 10,000 tonnes ofinventories into warehouses. Technically market is under short covering as market has witnessed drop in open interest by -3.29% to settled at 3500, now Zincis getting support at 134.9 and below same could see a test of 133.5 level, And resistance is now likely to be seen at 137.1, a move above could see pricestesting 137.9.

Page 5: Daily Commodity Report - Inventure GrowthMCX Silver MCX Silver 03 JUL 2015 MCX Gold 05 AUG 2015 Daily Commodity Report as on MCX Gold Silver trading range for the day is 36357-36949

Open 994.6High 1012.3Low 991.1Close 1003.1% Cng 0.7OI 5186Volume 5381Resist 2 1023.4Resist 1 1013.3Support 1 992.1Support 2 981.0

Open 3700High 3705Low 3652Close 3673% Cng -1.24OI 63400Volume 83320Resist 2 3730Resist 1 3702Support 1 3649Support 2 3624

2

NC

DEX

Soy

abea

n

NCDEX Soyabean

Soyabean settled down -1.24% at 3673 on weak demand for Indian soymeal in export market and on easing supply worries in domestic market. India soymealexports in the month of April-May dropped 67.31% from a year earlier on higher prices of the soybean in the local market, data released from Solvent ExtractorsAssociation of India (SEA) showed. Soybean prices were also under pressure on speculation of higher supply as farmers having remaining stock of soybean wouldcome to the markets with the beans increasing arrival moderately. The United States department of agriculture (USDA) maintained 2015-16 United Statessoybean production forecast and trimmed its forecast for ending stockpiles, the department said in its World Agriculture Supply and Demand Estimates report.The USDA maintained US, the world's biggest bean grower, 2015-16 production estimates to 104.8 million tons unchanged from the previous month estimatesand 108 million tons a year ago. USDA trimmed its forecast for 2014-15 US soybean ending stockpiles to 475 million bushels compared to 500 million bushels inthe previous month and 330 million bushels a year ago. Argentina, world's second biggest soybean producer, 2015-16 crop output was also maintained at 57million tons unchanged from the previous month and 59.5 million tons a year ago. Brazil, the world's third biggest soybean producer, 2015-15 output was alsomaintained at 97 million tons unchanged from the previous month and compared to 94.5 million tons a year ago, the USDA said. Technically market is underfresh selling as market has witnessed gain in open interest by 3.43% to settled at 63400 while prices down -46 rupee, now Soyabean is getting support at 3648and below same could see a test of 3624 level, And resistance is now likely to be seen at 3701, a move above could see prices testing 3730.

Market Snapshot

Soyabean trading range for the day is 3624-3730.

Soyabean prices dropped on weak demand for Indian soymeal in export market and on easing supply worries in domestic market.

India soymeal exports in the month of April-May dropped 67.31% from a year earlier on higher prices of the soybean in the local market.

NCDEX accredited warehouses soyabean stocks gained by 611 tonnes to 3649 tonnes.

SELL SOYABEAN AUG @ 3700 SL 3740 TGT 3660-3620.NCDEX

Daily Commodity Reportas on Monday, June 15, 2015

MC

X M

enth

a O

il

MCX Mentha Oil

Menthaoil settled up 0.7% at 1003.1 due to tight supplies from producing regions. Further, pick-up in demand from consuming industries in the spot market andexpectations of lower production from the major producing belts too supported mentha oil prices. The continuous decline of daily arrivals at the spot marketstogether with the active demand from mint consuming segments are mainly supporting the mentha oil prices. Following the rise in prices, farmers are not readyto sell their produce at this rate. Hence, they are restraining from selling in anticipation of further rise in prices. Farmers are preparing field for new crop in majorregions of Uttar Pradesh, Bihar and Haryana. As per sources, this year Mentha acreage is likely to down by around 10-15% from last year in Uttar Pradesh. Asper latest reports total of 14,400kgs of mentha oil with a price value of Rs. 15,551,544 Mentha was exported on May 27th 2015. Similarly around 360 Kgs oforganic mentha was exported to France Via Tuglakabad roughly a week back. Other export destinations of the product during last month were China, USA, SouthKorea, Taiwan, Canada, etc. As per the Latest reports from Spice Board indicate that for the period April/December last year, exports for Mint value-addedproducts like Oil, Menthol and its crystals rose 94% in volumes at 17,850 tonnes and 39% in value at Rs 2202 Cr w.r.t. same period the previous year.Technically market is under fresh buying as market has witnessed gain in open interest by 2.73% to settled at 5186 while prices up 7 rupee, now Menthaoil isgetting support at 992.1 and below same could see a test of 981 level, And resistance is now likely to be seen at 1013.3, a move above could see prices testing1023.4.

Market Snapshot

Menthaoil trading range for the day is 981-1023.4.

Menthaoil spot is at 1107/-. Spot market is up by Rs.25/-.

Mentha oil prices gained due to tight supplies from producing regions.

Further expectations of lower production from the major producing belts supported mentha oil prices.

BUY MENTHA OIL JUNE @ 990 SL 980 TGT 1005-1020.MCX

30 JUN 2015

20 AUG 2015

Page 6: Daily Commodity Report - Inventure GrowthMCX Silver MCX Silver 03 JUL 2015 MCX Gold 05 AUG 2015 Daily Commodity Report as on MCX Gold Silver trading range for the day is 36357-36949

Open 4630High 4651Low 4583Close 4637% Cng -0.02OI 158600Volume 118430Resist 2 4692Resist 1 4665Support 1 4597Support 2 4556

Open 17075High 17075Low 16750Close 16825% Cng -0.94OI 29685Volume 10659Resist 2 17210Resist 1 17020Support 1 16695Support 2 16560

2

NC

DEX

Jee

ra

NCDEX Jeera

Jeera settled down -0.94% at 16825 due to a decline in the export demand. The Jeera crop has been affected due to unseasonal rains in growing regions mainlyin Rajasthan. Regular demand from stockists had been noted but got adversely affected at these higher levels. There will not be any direct impact of Monsoonprogress on Jeera as sowing is far away for the commodity. However it may affect the market sentiments to some extent depending on the arrival and theprogress of Monsoon towards the growing states of Gujarat and Rajasthan. Harvesting has been affected on late rains in Rajasthan and overall output couldsuffer. According to a latest update from the Agriculture Ministry there has been an increase in the area under Rabi crop coverage that was affected byunseasonal rainfall and hailstorms from late February to early April. The revised figure on the basis of State-wise data has more than doubled from the April 16estimate of 93.82 lakh hectares (lh) and as stands at 189.81 lakh hectares (lh). The change is mainly because of the change in data with reference to UttarPradesh, Rajasthan and Bihar. At Rajkot market estimated market supply was at 150 quintal, higher by 15 quintal from previous trading day. At Unjha market inMehsana total arrivals are at 4000 quintals, higher by 500 quintals from previous day’s arrivals. Technically market is under long liquidation as market haswitnessed drop in open interest by -1.42% to settled at 29685 while prices down -160 rupee, now Jeera is getting support at 16692 and below same could see atest of 16558 level, And resistance is now likely to be seen at 17017, a move above could see prices testing 17208.

Market Snapshot

Jeera trading range for the day is 16560-17210.

Jeera prices ended with losses due to a decline in the export demand.

The Jeera crop has been affected due to unseasonal rains in growing regions mainly in Rajasthan.

NCDEX accredited warehouses jeera stocks gained by 20 tonnes to 19858 tonnes.

SELL JEERA JULY @ 16900 SL 17100 TGT 16780-16550.NCDEX

20 JUL 2015

Daily Commodity Reportas on Monday, June 15, 2015

NC

DEX

Ch

ana

NCDEX Chana

Chana prices dropped after PM Modi asked to import pulses in huge quantity to curb prices and subdued demand from bulk consumers. Expressing concern overrising prices Prime Minister Narendra Modi asked government to import pulses in huge quantity to check inflation. As per 3rd Advance Estimates for 2014-15,Chana production is estimated at 7.59 against 8.28 million tons (mt) in 2nd estimate. As per department of commerce data, 3.90 lakh tonnes of chana wasimported during April 2014 to February 2015 while according to market sources, from February till now, over 1 lakh tonnes of chana has been imported into thecountry. Total import of chana in 2013-14 stood at 2.76 lakh tonnes. Meanwhile, Government has extended duty free imports of pulses including chana tillSeptember 2015. Chana has sown 16 per cent less at 85.91 lakh hectares (lh), as compared to last year’s 102.25 lh whereas area coverage under total pulses isat 145.92 lh while the last year’s sowing area coverage was 162.21 lh. India's 2014-15 total chana output is at 7.59 million tons as compared to 9.93 milliontons a year ago due to lower sowing and untimely rains. Domestic chana prices rose to Rs 4,885 per quintal due to lower output estimates. India will beimporting pulses between six to seven million tons at very high prices resulting unprecedented hike in the market if adequate precautionary measures are nottaken timely. Technically market is under fresh selling as market has witnessed gain in open interest by 1.04% to settled at 158600, now Chana is gettingsupport at 4596 and below same could see a test of 4556 level, And resistance is now likely to be seen at 4664, a move above could see prices testing 4692.

Market Snapshot

Chana trading range for the day is 4556-4692.

Chana prices dropped after PM Modi asked to import pulses in huge quantity to curb prices and subdued demand from bulk consumers.

As per 3rd Advance Estimates for 2014-15, Chana production is estimated at 7.59 against 8.28 million tons (mt) in 2nd estimate.

In Delhi spot market, chana dropped by -14.4 rupee to end at 4556.45 rupee per 100 kgs.

SELL CHANA JULY @ 4670 SL 4810 TGT 4630-4590.NCDEX

20 JUL 2015

Page 7: Daily Commodity Report - Inventure GrowthMCX Silver MCX Silver 03 JUL 2015 MCX Gold 05 AUG 2015 Daily Commodity Report as on MCX Gold Silver trading range for the day is 36357-36949

Commodity Ratio

73.49

6.97

70.64

9.49

96.12

21.74

0.87

Change Stock

-3450 314025

-426 465264

9625 458875

-6400 3652125

1475 187800

0.95

2.80

MCX GOLD AUG-OCT 233.00

Crude Natural Gas ratio

MCX SILVER JUL-SEP 491.00

MCX CRUDEOIL JUN-JUL

MCX NICKEL JUN-JUL

0.70

MCX LEAD JUN-JUL

MCX ALUMINIUM JUN-JUL 1.85

Ratio Trading

Lead Zinc ratio

Silver Crude ratio

Silver Copper ratio

Gold Silver ratio

Gold Crude ratio

Gold Copper ratio

MCX NATURALGAS JUN-JUL 2.80

MCX ZINC JUN-JUL

Spread ViewCommodity Spread

52.00

Retail sales in the U.S. showed a notable increase in the month of May, according to a report released by the Commerce Department. The CommerceDepartment said retail sales jumped by 1.2 percent in May, matching economists' consensus estimate. The report also showed upward revisions tosales in the two previous months, with sales rising by 0.2 percent in April and by 1.5 percent in March. Sales for April were previously reported asvirtually unchanged, while sales in March were reported as climbing by 1.1 percent. The continued increase in retail sales in May was partly due tohigher sales by motor vehicle and parts dealers, which surged up by 2.0 percent in May after rising by 0.7 percent in April. However, excluding theincrease in auto sales, retail sales still climbed by 1.0 percent in May compared to a 0.1 percent uptick in the previous month. Ex-auto sales had beenexpected to rise by 0.8 percent. The report also showed a 3.7 percent jump in sales by gas stations as well as notable increases in sales by buildingmaterials and supplies dealers, clothing and accessories stores and non-store retailers.

NCDEX TMCFGRNZM JUL-AUG 148.00

NCDEX CHILLI JUL-AUG 538.00

MCX CPO JUN-JUL 0.10

Commodity

Copper

News you can Use

The assets of the world's top exchange-traded gold fund have hit their lowest since September 2008, the month Lehman Brothers filed forbankruptcy, and the worst may not be over due to robust equities and prospects of higher U.S. interest rates. The outflows from bullion-backed fundscould further undermine global gold prices XAU=, especially as physical demand is weak in Asia, the top consuming region. New York's SPDR GoldTrust (GLD) said its holdings fell to 704.23 tonnes, or 22.6 million ounces, on Wednesday. They have nearly halved from their peak of 43.43 millionounces in less than three years, largely because of the bearish turn in gold. After an uninterrupted 12-year rally, the gold price tumbled by nearly athird in 2013, hurt by signs of recovery in the U.S. economy, the prospect of higher U.S. interest rates and strength in the dollar and equities. Goldexchange-traded funds (ETFs), which issue securities backed by physical metal, proved popular with investors during the financial crisis that followedthe collapse of Lehman. But with signs of economic recovery, they saw heavy outflows from early 2013 as investors sought better returns elsewhere.The ETFs saw huge outflows in 2013, but physical demand in Asia was at record levels at that time as a sharp drop in prices attracted bargain-hunters. That absorbed the outflows to some extent and put a floor under prices.

15.50

NCDEX RMSEED JUL-AUG 52.00

Greek Prime Minister Alexis Tsipras was under intense pressure to deliver crucial concessions to international creditors to break a four-monthdeadlock and save his country from looming default that could pitch it out of the euro zone. After late-night talks with the leaders of Germany andFrance produced no breakthrough, Tsipras was to meet European Commission President Jean-Claude Juncker in the afternoon to try to bridgeremaining gaps on a cash-for-reform deal. "At the end of the talks there was absolute unanimity that Greece will work intensively and full steamahead ... in the coming days to solve all remaining issues," German Chancellor Angela Merkel said on arrival for the final session of an EU-LatinAmerica summit. The latest in a run of sleep-defying meetings in recent weeks was partly political theatre, as all involved try to show theircommitment to a deal -- and avoid any blame for failing to avert a crunch that could unsettle the euro and the world economy. Tsipras again said hesaw a solution at hand. A senior EU official who has previously been glum on the prospects of an accord said there was now a good chance that nextweek would bring an agreement acceptable to Eurogroup finance ministers, who meet in Luxembourg on June 18.

NCDEX CHARJDDEL JUL-AUG

Daily Commodity Reportas on Monday, June 15, 2015

2

MCX CARDAMOM JUL-AUG -19.70

NCDEX DHANIYA JUL-AUG 274.00

NCDEX JEERAUNJHA JUL-AUG 280.00

96.00

MCX MENTHAOIL JUN-JUL

Nickel

Zinc

Aluminium

Lead

NCDEX SYBEANIDR AUG-OCT -256.00

LME Stock (Tons)

Page 8: Daily Commodity Report - Inventure GrowthMCX Silver MCX Silver 03 JUL 2015 MCX Gold 05 AUG 2015 Daily Commodity Report as on MCX Gold Silver trading range for the day is 36357-36949

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Daily Commodity Reportas on Monday, June 15, 2015