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Monday, 28 July 2014

Explore the listing of Epic research now on just dial

Now you can get the details of your favorite Financial advisor Epic Research Private Limited on the most renowned search services site all over India that is on Just Dial in listing of Research Centers. 


For more information about Epic Research Private Limited. Call – +91-731-6642300 or visit- http://www.justdial.com/Indore/Epic-Research-Pvt-Ltd-%3Cnear%3E-Opposite-Central-Mall-2-R-N-T-Road/0731PX731-X731-130516184957-J8Q6_TmF0aW9uYWwgU2VhcmNoIEVwaWMgVmVudHVyZXM=_BZDET

LME Inventories Data: July 28, 2014

Copper stocks -1700 MT to 150900, 

Aluminum Stocks +64000 MT to 4977225 MT, 

Nickel Stocks -354 MT to 311802 MT, 

Zinc Stocks -2050 MT to 651850 MT, 

Lead Stocks -100 MT to 214425 MT.


For more information ✆ - 0731-6642300 or Visit https://www.epicresearch.co

EPIC COMMODITY UPDATE 28 JULY 2014 : MCX SILVER

Silver trading range for the day is 43702-44626.

Silver prices ended with gains as investors stepped in to scoop up the metal amid conflicts in Ukraine and the Middle East.

Prices dropped on weekly basis mostly on speculation that an improving employment sector in US could signal an early rate increase by Fed.

Holdings at ishares silver trust gained by 0.25% i.e. 25.37 tonnes to 10014.63 tonnes from 9989.26 tonnes.

For more information ✆ - 0731-6642300 or Visit https://www.epicresearch.co

EPIC COMMODITY UPDATE 28 JULY 2014 : MCX GOLD

Gold trading range for the day is 27537-28165.

Gold rose as heightened tensions between Russia and the West over Ukraine prompted speculators to buy back their positions.

Prices came under pressure on Thursday after data showed new claims for unemployment benefit in US fell to lowest level in nearly 8-1/2 years.

India does not have any current proposal to cut the record 10 percent import duty on gold.

For more information ✆ - 0731-6642300 or Visit https://www.epicresearch.co

EPIC COMMODITY UPDATE 28 JULY 2014 : MCX NICKEL

Nickel trading range for the day is 1132.1-1170.1.
Nickel settled down after the update that China’s nickel ore and concentrate imports fell by 32.4% y/y
Goldman Sachs Group Inc. raised its price forecast for nickel as the market is swinging to a deficit next year following an ore-export ban in Indonesia.


U.S. will release the monthly non-farm payrolls report for July later in the week as well as a preliminary estimate on second quarter economic growth.

For more information ✆ - 0731-6642300 or Visit https://www.epicresearch.co

EPIC COMMODITY UPDATE 28 JULY 2014 : MCX ZINC

Zinc trading range for the day is 142.6-145.8.

Zinc settled up as speculation mounted that global demand will exceed supplies.

Zinc inventories monitored by LME have tumbled 30 percent this year to 653,900 metric tons, the lowest since December 2010.


Goldman Sachs Group Inc. forecasts a global production deficit will widen to 154,000 metric tons next year.

For more information ✆ - 0731-6642300 or Visit https://www.epicresearch.co

EPIC COMMODITY UPDATE 28 JULY 2014 : MCX COPPER

Copper trading range for the day is 428-438.8.
Copper dropped on profit booking but gains on weekly basis on expectations the global economy is on a firmer footing and on a brighter outlook.
There was also support from strong job market data in the United States, although this was tempered by an 8.1 percent fall in new home sales in June


Investors should be focused on US July manufacturing PMI and pending home sales for June due for release late today.

For more information ✆ - 0731-6642300 or Visit https://www.epicresearch.co

EPIC COMMODITY UPDATE 28 JULY 2014 : MCX CRUDE OIL

Crude oil trading range for the day is 6048-6226.
Crude oil recovered from lows as fighting in Ukraine and deteriorating relations between Russia and US ignited new fears of supply disruptions.
Continued violence in Libya and Israel provided further support for oil prices.


In Libya, oil production has risen to 500,000 barrels per day, but there is no progress on reopening its Brega oil port.

For more information ✆ - 0731-6642300 or Visit https://www.epicresearch.co

EPIC COMMODITY UPDATE 28 JULY 2014 : MCX NATURAL GAS

Natural gas trading range for the day is 223.8-236.4.
Natural gas dropped after updated weather-forecasting models called for mild temperatures to hover in the coming days.
The bearish weather report wiped out gains stemming from Thursday's bullish weekly inventory report.


The five-year average change for the week is an increase of 46 billion cubic feet.

For more information ✆ - 0731-6642300 or Visit https://www.epicresearch.co

EPIC COMMODITY UPDATE 28 JULY 2014 : MCX ALUMINIUM

Aluminium trading range for the day is 117.7-122.9.
Aluminium dropped on profit booking on the news that rising Chinese output is likely to act as a brake on aluminium's rally
The global aluminum market has moved into deficit of 579,000 tons this year, with the gap increasing to 619,000 tons next year.


Inventories monitored by the London Metal Exchange are at the lowest since September 2012, a bourse data showed.

For more information ✆ - 0731-6642300 or Visit https://www.epicresearch.co