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Wednesday 30 March 2016

CS AGRI CALL - 31 Mar 2016

CS AGRI CALL

SELL TURMARIC APR BELOW 8300 
TG 8260 , 8220 , 8180 
SL 8360

SELL SOYABEAN APR BELOW 3950 
TG 3930 , 3910 , 3890 
SL 3980


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CS INVENTORY CALL: SELL NATURAL GAS APR BELOW 132 - 31 Mar 2016

CS INVENTORY CALL 

SELL NATURAL GAS APR BELOW 132 
TG 130 , 128 , 126 
SL 136


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CS PRECIOUS CALL: SELL GOLD JUNE BELOW 28600 - 31 Mar 2016

CS PRECIOUS CALL

SELL GOLD JUNE BELOW 28600
TG 28500 , 28400 , 28300
SL 28710

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Tuesday 29 March 2016

CS AGRI CALL - 30 Mar 2016

CS AGRI CALL

BUY RMSEED APRIL ABOVE 4165
TG 4185 , 4205 , 4225 
SL 4135

SELL GUARSEED APRIL 3225 
TG 3205 , 3185 , 3165 
SL 3255


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CS BASE METAL PREMIUM CALL: SELL ZINC MAR BELOW 117 - 30 Mar 2016

CS BASE METAL PREMIUM CALL 

SELL ZINC MAR BELOW 117
TG 116 , 115 , 114
SL 118.30

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CS INVENTORY CALL: SELL CRUDE OIL APR AROUND 2570 -2580 - 30 Mar 2016

CS INVENTORY CALL

SELL CRUDE OIL APR  AROUND 2570 -2580 
TG 2520 , 2470 , 2420 
SL 2670


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Latest Commodity News - 29 Mar 2016

GOLD:
A speaking appearance by Fed Chair Janet Yellen this afternoon will be one of the key events gold markets will be watching this week, said Brown Brothers Harriman. The Fed chief is scheduled to address the Economic Club of New York during a luncheon gathering.

CRUDE OIL:
Members and non-members from the Organization of the Petroleum Exporting Countries are due to meet in Doha on April 17 to discuss the plan. "There is going to be pressure on the participants in the meeting to ensure they achieve something. Otherwise they risk the support-market sentiment that we are seeing now dissipate rapidly," said Victor Shum, senior oil and gas analyst at IHS in Singapore.

So far, 10 countries have confirmed their attendance at the meeting, with only OPEC-member Libya saying it will not attend.

10 major producers, Algeria, Iraq, Kuwait, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, Venezuela, Oman and Russia, which drill more than 37.2 million barrels per day combined, have committed to the meeting. Another seven nations, Angola, Ecuador, Indones Mexico, Kazakhstan, Azerbaijan and Norway, representing approximately 7 million bpd in production, remain uncommitted.

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