Daily Commodity Report - Inventure Growth€¦Daily Commodity Report as on MCX Gold Silver trading range for the day is 36433-37711. Silver settled as pressure seen due to weakness

Open High Low Close % Cng

Gold 26939 27245 26909 27156 1.03Silver 36990 37481 36842 36892 0.04

Aluminium 107.60 108.30 106.55 106.75 -0.74Copper 372.20 373.00 366.45 366.65 -1.01Lead 115.80 116.10 114.25 114.40 -0.82Nickel 824.50 827.40 808.10 809.70 -1.72Zinc 133.35 133.75 131.10 131.15 -1.72

Crude 3795.00 3880.00 3783.00 3846.00 1.34Nat. Gas 182.50 183.70 176.70 177.20 -3.33

Chana 4501 4526 4356 4381 -2.69Cardamom 803.0 808.8 793.6 806.5 0.21Turmeric 7218 7496 7102 7372 1.68Jeera 16400 16490 16065 16295 -0.37

Wheat 1485 1486 1478 1481 -0.40Soybean 3605 3605 3537 3568 -1.35Ref. Oil 587.4 587.4 580.4 581.6 -1.18CPO 451.7 452.7 449.8 450.3 -0.66RMSeed 4174 4180 4107 4121 -1.53Mentha Oil 1078.5 1116.4 1066.3 1111.0 3.49Cotton 15970 16000 15930 15960 0.13

USDINR 64.03 64.04 63.79 63.86 -0.66EURINR 72.53 72.90 72.44 72.80 0.63GBPINR 101.26 101.68 101.00 101.60 0.47JPYINR 52.03 52.15 51.95 52.10 0.43

Currency

SELL COPPER JUNE @ 370 SL 373.80 TGT 367.50-364.20.MCX

Round up

Gold gained to hold above $1200 after Fed policymakerssaid a hike would be appropriate only after furtherimprovement in the labour market.

Base metals prices ended with losses as concerns overdemand in China spurred investors to turn bearish on themetal. Major economic indicators from the US, includingthe number of initial jobless claims, Philadelphia Fed’smanufacturing index and leading indicators were upbeat,allowing the US dollar index to rise.

Crude oil held gains near $60 a barrel on track for a second weekly advance amid increasing signs the slowdown inU.S. drilling is reducing an oversupply.

Daily Commodity Reportas on Friday, June 19, 2015

Most of the spices counter on the NCDEX yesterdayended with gains. Turmeric and Dhaniya pricesended with more than one percent gains followedby more than half percent losses in jeera prices.Turmeric prices gained on short covering afterprices dropped due to limited demand by exportersand rainfall was reported. Jeera prices ended withlosses due to higher supply from the producingregions in the midst of a decline in the exportdemand.

Trading Calls for the Day

BUY SILVER JULY @ 36700 SL 36400 TGT 36980-37350.MCX

BUY CRUDE OIL JUNE @ 3840 SL 3790 TGT 3890-3930.MCX

BUY GOLD AUG @ 27000 SL 26850 TGT 27180-27300.MCX

Rupee rallied post dovish commentary on rate hike aswell as cut down in US Gross Domestic Productforecast by the Federal Reserve.

BUY MENTHA OIL JUNE @ 1095 SL 1080 TGT 1120-1145.MCX

SELL SOYABEAN AUG @ 3600 SL 3630 TGT 3570-3520.NCDEX

SELL CHANA JULY @ 4420 SL 4460 TGT 4380-4330.NCDEX

Precious Metals

Base Metal

Energy

Agri

Open 26939High 27245Low 26909Close 27156% Cng 1.03OI 8902Volume 14299Resist 2 27439Resist 1 27297Support 1 26961Support 2 26767


Friday, June 19, 2015

MC

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ilver

MCX Silver03 JUL 2015

MCX Gold05 AUG 2015

Daily Commodity Reportas on

MC

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old

Silver trading range for the day is 36433-37711.

Silver settled as pressure seen due to weakness in base metals counter, but remained well supported as events surrounding Greece's debt talks hang in the balanceThe U.S. Department of Labor’s Bureau of Labor Statistics said the Consumer Price Index in May rose 0.4% in line with expectation

Euro zone leaders will hold an emergency summit on Monday to try to avert a Greek default after bank withdrawals accelerated and government revenue slumped.

Silver settled up 0.04% at 36892 gained as the U.S. dollar slid the day after the Federal Reserve indicated that interest rates may rise more slowly than manyhad expected. But prices surrendered all its's gain as rupee strengthened by 39 paise at more than 2-week high of 63.73 on persistent selling of dollars by banksand exporters amid expectations of resumption of foreign capital inflows in view of sustained rise in the equity market. On Wednesday, Fed policymakers said anincrease from the current near-zero interest rate would be appropriate only after further improvement in the labor market. Precious metals prices have comeunder pressure this year from expectations that rates will soon rise for the first time in nearly a decade. Precious metals have benefited strongly in recent yearsfrom record low U.S. rates, which have cut the opportunity cost of holding non-yielding assets while keeping the dollar in check. Earlier in the week bullion cameoff its earlier highs after a German newspaper reported Greece's aid will be extended until year-end. Euro zone leaders will hold an emergency summit onMonday to try to avert a default after bank withdrawals accelerated and government revenue slumped as Athens and its international creditors remaindeadlocked over a debt deal. From the data side US initial jobless claims fell short of estimate early last week, mirroring US recovery pushed payrolls up.Philadelphia Fed’s manufacturing index for June was 15.2, much better than forecast. May’s monthly Conference Board Leading Economic Index was also betterthan expectation. Technically market is getting support at 36663 and below same could see a test of 36433 level, And resistance is now likely to be seen at37302, a move above could see prices testing 37711.

Market Snapshot

BUY SILVER JULY @ 36700 SL 36400 TGT 36980-37350.MCX

2

Gold settled up 1.03% at 27156 tracking firmness from Comex Gold which snapped a two-day loss to end at a near one-month high surged $25.20 to settle at$1,202.00 an ounce, after a dovish U.S. Federal Reserve statement following its monetary policy meet yesterday, signaling it would be patient in raising interestrates. The dollar trended sharply lower against a basket of some major currencies in the aftermath of the Fed announcement that hinted at a gradual increase inrates. The interest-rate hike is indicated be much slower than anticipated, even as the Fed remained apprehensive over the pace inflation rates are rising to thetargeted level. The Fed kept its benchmark interest rate unchanged near zero, while not providing any specific guidance regarding its first rate hike. But thecentral bank's forecast reinforced the view that the eventual increase in rates will be gradual. The Fed also indicated the improving U.S. economic growth wouldlikely see one or two rate hikes during the year. Meanwhile, investors continued to monitor developments surrounding talks between Greece and its internationalcreditors, amid growing concerns that the country could default on its debt be forced out of the euro zone. Meanwhile Hedge funds and money managers slashedtheir net long stance in gold during the week ended June 9 and increased short positions, the most recent US CFTC data showed. Holdings of SPDR Gold Trust,remained unchanged at 701.90 tons from its previous close of 703.98 tons. Technically market is under fresh buying as market has witnessed gain in openinterest by 11.43% to settled at 8902, now Gold is getting support at 26961 and below same could see a test of 26767 level, And resistance is now likely to beseen at 27297, a move above could see prices testing 27439.

Market Snapshot

Gold trading range for the day is 26767-27439.

Gold gained to hold above $1200 after Fed policymakers said a hike would be appropriate only after further improvement in the labour market.Fed officials saw slightly lower rates at the end of 2016 and 2017 than forecast in March and more policymakers were now in favour of hiking rates only once or not at all this year.The Bank of Greece said the country's future in the European Union could be at risk without a debt Fed policymakers said an increase from the current near-zero interest rate would be appropriate only after further improvement in the labor market.BUY GOLD AUG @ 27000 SL 26850 TGT 27180-27300.MCX


Open 182.5High 183.7Low 176.7Close 177.2% Cng -3.33OI 5854Volume 60045Resist 2 186.2Resist 1 181.7Support 1 174.7Support 2 172.2

2

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MCX Natural gas

Naturalgas settled down -3.33% at 177.20 extended losses on Thursday, despite data showing that U.S. natural gas supplies rose less than expected last week.Prices on MCX dropped tracking weakness from NYMEX Natural gas prices which shed 2.8 cents, or 1.0%, to trade at $2.827mBtu. The US EIA said in its weeklyreport that natural gas storage in the U.S. in the week ended June 12 rose by 89bcf, compared to expectations for an increase of 93 billion and following a buildof 111bcf in the preceding week. Supplies rose by 112bcf in the same week last year, while the five-year average change is an increase of 87bcf. Total U.S.natural gas storage stood at 2.433 trillion cubic feet as of last week. Stocks were 730bcf higher than last year at this time and 46bcf above the five-year averageof 2.387 trillion cubic feet for this time of year. Meanwhile, updated weather forecasting models pointed to warmer-than-average temperatures in the easternthird of the U.S. through June 24, boosting near-term demand expectations for the heating fuel. Demand for natural gas tends to fluctuate in the summer basedon hot weather and air conditioning use. Warmer weather is forecasted across the Northeast, Southeast, Midwest, and the Western parts of the US in the nexthalf of June 2015, according to the National Weather Service’s sources. Washington and New Orleans will experience warm weather in the third week of June2015, according to AccuWeather. Generally, warmer weather increases the demand for natural gas and its prices. Technically now Naturalgas is getting supportat 174.7 and below same could see a test of 172.2 level, And resistance is now likely to be seen at 181.7, a move above could see prices testing 186.2.

Market Snapshot

Naturalgas trading range for the day is 172.2-186.2.

Naturalgas dropped despite data showing that U.S. natural gas supplies rose less than expected last week.

Supplies rose by 112bcf in the same week last year, while the five-year average change is an increase of 87bcf.

Demand for natural gas tends to fluctuate in the summer based on hot weather and air conditioning use.

SELL NAT.GAS JUNE BELOW 179.40 SL 181.50 TGT 177.20-174.80-172. MCX (STBT)

25 JUN 2015

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MCX Crude oil

Crudeoil settled up 1.34% at 3846 climbed to end at a one-week high as the dollar weakened against a select band of currencies after the Federal Reserverefrained from providing any specific time for raising interest rates. The uptick in oil prices come despite data from the US EIA showed crude oil stocks at theCushing, Oklahoma hub to have risen for the first time since April. The dollar trended lower in the aftermath of the Fed announcement that hinted at a gradualincrease in rates. The interest-rate hike is indicated be much slower than anticipated, even as the Fed remained apprehensive over the pace inflation rates arerising to the desired level. The Fed maintained its benchmark interest rate unchanged near zero, while not providing any specific guidance regarding its first ratehike. But the central bank's forecast reinforced the view that the eventual increase in rates will be gradual. The Fed also indicated the improving U.S. economicgrowth would likely see one or two rate hikes during the year. Concerns over Greece also continued to weigh on investors after a meeting of eurozone financeministers earlier today ended in a stalemate without any agreement over Athens financial mess. Meanwhile, reports say the European Council President DonaldTusk has since called an emergency summit meeting of eurozone leaders on Monday to discuss the Greek crisis. Saudi Arabia's Oil Minister Ali al-Naimi said aftera meeting with Russian Energy Minister Alexander Novak he is optimistic about the coming months given increased global demand, Saudi state media reported.Technically market is getting support at 3792 and below same could see a test of 3739 level, And resistance is now likely to be seen at 3889, a move abovecould see prices testing 3933.

Market Snapshot

Crudeoil trading range for the day is 3739-3933.

Crude oil held gains near $60 a barrel on track for a second weekly advance amid increasing signs the slowdown in U.S. drilling is reducing an lSaudi Arabia has 1.5 to 2 mbls a day of spare capacity, Oil Minister Ali Al-Naimi said before meeting Alexander Novak, his Russian counterpart, in St.

P t bU.S. shale oil producers have projected a rise in output for the year even as they have scaled back drilling to cope with a near 45% slump in crude iBUY CRUDE OIL JUNE @ 3840 SL 3790 TGT 3890-3930.MCX

19 JUN 2015




Market Snapshot

Zinc trading range for the day is 129.4-134.6.

Zinc prices dropped as pressure mounted after the report suggest that the global refined zinc metal market was in a surplus of 181,000 tonnes

Global refined Zinc output rises 1.5% to 1.175 mn tons in April: ILZSG

Zinc daily stocks at Shanghai exchange came down by 176 tonnes.

BUY ZINC JUNE ABV 131.25 SL 130.60 TGT 132-132.80.MCX

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MCX Copper

Copper settled down -1.01% at 366.65 on track for a fifth weekly fall, with a seasonal ebb in Chinese demand expected to keep eroding prices. While todaymight see some support as report showed signs of an improving housing market in China, the world’s biggest consumer of industrial metals. Home prices in Mayin the Asian nation dropped in fewer cities for the third straight month, indicating buyers are responding to lower interest rates and the relaxation of curbs onpurchases. About half of China’s demand for copper, used in pipes and wiring, is linked to real estate, according to Goldman Sachs Group Inc. From the data sideUS initial jobless claims fell short of estimate early last week, mirroring US recovery pushed payrolls up. Philadelphia Fed’s manufacturing index for June was15.2, much better than forecast. May’s year-on-year CPI of 0.0% and monthly of 0.4% were lower than forecasts. But growth in monthly CPI still hit a fresh highin May since February 2013. Those positive data boosts hope for US Fed interest rate hike again this year. US dollar index thus rebounded and US stocks allclimbed. Meanwhile, investors continued to monitor developments surrounding talks between Greece and its international creditors, amid growing concerns thatthe country could default on its debt be forced out of the euro zone. Europe wants Greece to make spending cuts in order to secure a deal that will unlock €7.2billion in bailout funds and prevent Athens defaulting on its debts when its bailout expires at the end of the month. Technically market is getting support at 364.4and below same could see a test of 362.1 level, And resistance is now likely to be seen at 371, a move above could see prices testing 375.3.

Market Snapshot

Copper trading range for the day is 362.1-375.3.

Copper prices eased with a seasonal ebb in Chinese demand expected to keep eroding prices.

China's inbound shipments of copper ore and concentrates declined by 5.7% from a month earlier to 700,000 tons in May

The US inflation data were worse than expected, but the initial jobless claims beat forecast.

SELL COPPER JUNE @ 370 SL 373.80 TGT 367.50-364.20.MCX

MC

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30 JUN 2015

30 JUN 2015MCX Zinc

Zinc settled down -1.72% at 131.15 as pressure mounted after the report suggest that the global refined zinc metal market was in a surplus of 181,000 tonnesin the January-April 2015 period, with mined production rising 9.8% year-on-year, the International Lead and Zinc Study Group (ILZSG) data showed this week.The surplus marks a change in the zinc metal market from a year ago when it was in a 107,000-tonne deficit. Mined zinc production was 4.48 million tonnes inthe first four months of 2015. Overall the base metals have been weak and under pressure but the weaker dollar may prompt some scale down buying. Giventhe extent of the downward moves in recent weeks the markets are looking oversold in the short term, so some rebounds could be expected – even if they turnout to be short-lived. Market expect the bearish mood to prevail, but there may well be some short term strength. Meanwhile, investors continued to monitordevelopments surrounding talks between Greece and its international creditors, amid growing concerns that the country could default on its debt be forced out ofthe euro zone. Europe wants Greece to make spending cuts in order to secure a deal that will unlock €7.2 billion in bailout funds and prevent Athens defaultingon its debts when its bailout expires at the end of the month. European finance ministers were to hold talks in Brussels later Thursday, but expectations for adeal were not high. Technically market is under fresh selling as market has witnessed gain in open interest by 8.55% to settled at 3896, now Zinc is gettingsupport at 130.3 and below same could see a test of 129.4 level, And resistance is now likely to be seen at 132.9, a move above could see prices testing 134.6.

Open 1078.5High 1116.4Low 1066.3Close 1111.0% Cng 3.49OI 5766Volume 8565Resist 2 1148.0Resist 1 1129.5Support 1 1079.4Support 2 1047.8

Open 3605High 3605Low 3537Close 3568% Cng -1.35OI 60160Volume 80660Resist 2 3638Resist 1 3603Support 1 3535Support 2 3502

2

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NCDEX Soyabean

Soyabean settled down by -1.35% at 3568 weighed by recent reports of rainfall in sowing states of Rajasthan, Maharashtra and MP. Prices seen under pressureon weak demand for Indian soymeal in export market and on higher supply of the bean in domestic market following progressive monsoon. Prices of soyabeanwere down on oversupply woes following as farmers having remaining stock of soybean would come to the markets with the beans increasing arrival moderatelyAlso, there was news of advancement of monsoon in most areas of Maharashtra, also in some parts of Madhya Pradesh. The United States department ofagriculture (USDA) maintained 2015-16 United States soybean production forecast and trimmed its forecast for ending stockpiles, the department said in itsWorld Agriculture Supply and Demand Estimates report. The USDA maintained US, the world's biggest bean grower, 2015-16 production estimates to 104.8million tons unchanged from the previous month estimates and 108 million tons a year ago. Argentina, world's second biggest soybean producer, 2015-16 cropoutput was also maintained at 57 million tons unchanged from the previous month and 59.5 million tons a year ago. Brazil, the world's third biggest soybeanproducer, 2015-15 output was also maintained at 97 million tons unchanged from the previous month and compared to 94.5 million tons a year ago, the USDAsaid. At the Indore spot market in top producer MP, soybean dropped -18 rupee to 3624 rupee per 100 kgs.Technically market is under long liquidation asmarket has witnessed drop in open interest by -4.1% to settled at 60160 while prices down -49 rupee, now Soyabean is getting support at 3535 and below samecould see a test of 3502 level, And resistance is now likely to be seen at 3603, a move above could see prices testing 3638.

Market Snapshot

Soyabean trading range for the day is 3502-3638.

Soyabean prices ended with losses weighed by recent reports of rainfall in sowing states of Rajasthan, Maharashtra and MP.

Also, there was news of advancement of monsoon in most areas of Maharashtra, also in some parts of Madhya Pradesh.

NCDEX accredited warehouses soyabean stocks gained by 400 tonnes to 5757 tonnes.

SELL SOYABEAN AUG @ 3600 SL 3630 TGT 3570-3520.NCDEX


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MCX Mentha Oil

Mentha oil settled up by 3.49% at 1111 supported by rising demand from consuming industries at the spot market. Further, restricted arrivals along with lowerproduction expectations from the major producing belts too supported mentha oil prices. The continuous decline of daily arrivals at the spot markets togetherwith the active demand from mint consuming segments are mainly supporting the mentha oil prices. Following the rise in prices, farmers are not ready to selltheir produce at this rate. Hence, they are restraining from selling in anticipation of further rise in prices. That might support mentha oil prices. The overallmarket factors are supportive for mentha oil prices. Farmers are preparing field for new crop in major regions of Uttar Pradesh, Bihar and Haryana. As persources, this year Mentha acreage is likely to down by around 10-15% from last year in Uttar Pradesh. At Sambhal market , total arrivals are at 80 Drums(1-drum=180kg), up by 10 Drums(1-drum=180kg) as against previous day. At Barabanki market sources reported arrivals at 300 Drums(1-drum-180kg), up by100 Drums(1-drum-180kg) from previous day’s arrivals. At Rampur market total arrivals are at 8 Drums(1-drum=180kg), steady as against previous day’sarrival. At Bareilly market sources reported arrivals at 20 Drums(1-drum-180kg), up by 5 Drums(1-drum-180kg) as compared to previous day. Technicallymarket is under short covering as market has witnessed drop in open interest by -0.4% to settled at 5766 while prices up 37.5 rupee, now Menthaoil is gettingsupport at 1079.4 and below same could see a test of 1047.8 level, And resistance is now likely to be seen at 1129.5, a move above could see prices testing1148.

Market Snapshot

Menthaoil trading range for the day is 1047.8-1148.

Menthaoil spot is at 1175/-. Spot market is up by Rs.20/-.

Mentha oil prices ended with gains supported by rising demand from consuming industries at the spot market.

Further, restricted arrivals along with lower production expectations from the major producing belts too supported mentha oil prices.

BUY MENTHA OIL JUNE @ 1095 SL 1080 TGT 1120-1145.MCX

30 JUN 2015

20 AUG 2015



2

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Jee

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NCDEX Jeera

Jeera settled down by -0.37% at 16295 due to higher supply from the producing regions in the midst of a decline in the export demand. As per market sources,the total daily arrivals have been increased to 7-8 thousand bags from the last few days against 5-6 thousand bags due to higher supplies from Rajasthanmandies. There is concern over production due to untimely rainfall in March in Gujarat and Rajasthan. As per Government data, 2.41 lakh hectare of cumin cropis damaged in Rajasthan. As per third advance estimate of Gujarat State, production is expected at 1.58 lakh tonnes in 2014-15 which is 54.3 per cent lowercompared to last years’ production of 3.46 lakh tonnes. According to Gujarat government data released on 19th Jan 15, Jeera recorded 2.64 lakh hac, 42% lesssowing compared to last year’s 4.54 lakh hac. According to latest spice board press release, cumin export is stood at 155,500 tonnes for 2014-15 period andearned foreign exchange worth Rs 1,838.20 crore while in 2013-14, the figures stood at 121,500 tonnes valued at Rs 1,600 crore. Jeera (cumin) exports havebeen 128,500 tonnes in the first nine months (Apr-Dec) of 2014-15, a rise of 28% from the corresponding period of the previous. Export orders are diverted toIndia due to Geo-political tensions in Syria and Turkey. In Unjha, a key spot market in Gujarat, jeera edged down by -40.25 rupees to end at 17295.45 rupeeper 100 kg.Technically market is under long liquidation as market has witnessed drop in open interest by -4.5% to settled at 25518, now Jeera is getting supportat 16080 and below same could see a test of 15860 level, And resistance is now likely to be seen at 16505, a move above could see prices testing 16710.

Market Snapshot

Jeera trading range for the day is 15860-16710.

Jeera prices ended with losses due to higher supply from the producing regions in the midst of a decline in the export demand.

The total daily arrivals have been increased to 7-8 thousand bags from the last few days against 5-6 thousand bags

NCDEX accredited warehouses jeera stocks gained by 4 tonnes to 19969 tonnes.

SELL JEERA JULY @ 16380 SL 16500 TGT 16210-16050.NCDEX

20 JUL 2015


NC

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NCDEX Chana

Chana settled down by -2.69% at 4381 due to news of pulses import from other countries and government raids in many trading stations. The arrivals in Delhireported at 25 trucks as compared to 35 trucks average in the previous week. India's 2014-15 total chana output is at 7.59 million tons as compared to 9.93million tons 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. 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 perdepartment of commerce data, 3.90 lakh tonnes of chana was imported during April 2014 to February 2015 while according to market sources, from February tillnow, over 1 lakh tonnes of chana has been imported into the country. 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. In Delhi spot market, chana dropped by -70.6 rupee to end at 4429.4 rupee per 100kgs.Technically market is under fresh selling as market has witnessed gain in open interest by 9.99% to settled at 151610 while prices down -121 rupee, nowChana is getting support at 4316 and below same could see a test of 4251 level, And resistance is now likely to be seen at 4486, a move above could see pricestesting 4591.

Market Snapshot

Chana trading range for the day is 4251-4591.

Chana prices ended with losses due to news of pulses import from other countries and government raids in many trading stations.

India's 2014-15 total chana output is at 7.59 million tons as compared to 9.93 million tons a year ago due to lower sowing.

In Delhi spot market, chana dropped by -70.6 rupee to end at 4429.4 rupee per 100 kgs.

SELL CHANA JULY @ 4420 SL 4460 TGT 4380-4330.NCDEX

20 JUL 2015

Commodity Ratio

73.61

7.06

74.07

9.59

100.62

21.70

0.87

Change Stock

825 318925

-564 459198

-1450 470700

-6850 3617225

-2100 174150

1.15

3.10

MCX GOLD AUG-OCT 238.00

Crude Natural Gas ratio

MCX SILVER JUL-SEP 554.00

MCX CRUDEOIL JUN-JUL

MCX NICKEL JUN-JUL

0.90

MCX LEAD JUN-JUL

MCX ALUMINIUM JUN-JUL 1.80

Ratio Trading

Lead Zinc ratio

Silver Crude ratio

Silver Copper ratio

Gold Silver ratio

Gold Crude ratio

Gold Copper ratio

MCX NATURALGAS JUN-JUL 3.10

MCX ZINC JUN-JUL

Spread ViewCommodity Spread

46.00

The U.S. economy is growing moderately after a winter swoon and likely strong enough to support an interest rate increase by the end of the year,but concerns remain over the recovery of the labour market, U.S. Federal Reserve officials said. With the economy still on track to grow as much as 2percent for the year, the central bank's latest policy statement keeps it on track for at least one and perhaps a second rate increase later this year.Fed Chair Janet Yellen, however, emphasized that the rate decision was still up in the air and rested squarely on further improvement in the labourmarket - renewing her focus on a longstanding concern. In a press conference following the end of the Fed's two-day policy meeting, Yellen said shewanted "more decisive evidence" that labour markets were healing, and that wages would increase beyond their current "subdued pace." Even as theFed appeared to be approaching a decision to proceed with a rate hike as soon as September, "some cyclical weakness in the labour market remains,"Yellen said, pointing to the low labour force participation rate and the high level of part-time employment. Her comments are likely to focus evenmore attention on upcoming U.S. employment and wage reports, as markets look for signs that continued economic growth is translating into morejobs and higher wages.

NCDEX TMCFGRNZM JUL-AUG 78.00

NCDEX CHILLI JUL-AUG 282.00

MCX CPO JUN-JUL -0.80

Commodity

Copper

News you can Use

The Greek central bank warned that the country would be put on a "painful course" towards default and exiting the euro zone if the government andits international creditors failed to reach an agreement on an aid-for-reforms deal. It also said Greece risked a renewed bout of recession andpredicted that the current economic slowdown would accelerate in the second quarter of this year. The Greek economy had started growing again lastyear after being pounded by years of austerity, but fell back into negative growth in the first quarter of 2015, contracting by 0.2 percent year-on-year. The ongoing crisis has prompted an outflow of deposits of about 30 billion euros ($33.84 billion) from Greek lenders between October and April,the central bank said. Time is fast running out for Athens and its creditors to reach a deal before a 1.6 billion euro repayment by Greece to theInternational Monetary Fund falls due at the end of the month. But neither side appears willing to give ground, with Greek Prime Minister AlexisTsipras accusing the creditors of trying to "humiliate" his country by demanding more cuts.Despite the heated rhetoric, the central bank said that thetwo sides appeared to have reached a compromise on the main conditions attached to an aid agreement, and that little ground remained to becovered for a deal to stick.

17.50

NCDEX RMSEED JUL-AUG 49.00

Homebuilder confidence has seen a significant improvement in the month of June, according to a report released by the National Association of HomeBuilders. The report said the NAHB/Wells Fargo Housing Market Index jumped to 59 in June from 54 in May. The index has been expected to show amore modest increase to a reading of 56. With the bigger than expected increase, the housing market index reached its highest level since amatching reading in September of 2014. NAHB Chairman Tom Woods said, "Builders are reporting more serious and committed buyers at their jobsites and this is reflected in recent government data showing that new-home sales and single-family construction are gaining momentum." The sharpincrease by the housing market index came as all three components of the index posted healthy gains during the month. The component gaugingcurrent sales conditions surged up to 65 in June from 58 in May, the index charting sales expectations in the next six months jumped to 69 from 63and the component measuring buyer traffic rose to 44 from 39.

NCDEX CHARJDDEL JUL-AUG


2

MCX CARDAMOM JUL-AUG -20.40

NCDEX DHANIYA JUL-AUG 227.00

NCDEX JEERAUNJHA JUL-AUG 255.00

91.00

MCX MENTHAOIL JUN-JUL

Nickel

Zinc

Aluminium

Lead

NCDEX SYBEANIDR AUG-OCT -291.00

LME Stock (Tons)

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Daily Commodity Report - Inventure Growth€¦Daily Commodity Report as on MCX Gold Silver trading range for the day is 36433-37711. Silver settled as pressure seen due to weakness