Wednesday, 1 April 2015

EPIC RESEARCH MCX GOLD UPDATE OF 01 APRIL 2015

Gold trading range for the day is 26045-26629.
Gold dropped pressured by the firm U.S. dollar and weak oil prices, and with expectations that the Federal Reserve will increase interest rates this year
Yellen's remarks on sustained gains in the U.S. economy halted a seven-day rally in bullion,- the longest rising streak since 2012.


Investors were awaiting U.S. jobs data on Friday, with a robust report likely to increase the chances that policymakers could raise U.S. rates sooner than later.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co 

EPIC RESEARCH MCX SILVER UPDATE OF 01 APRIL 2015

Silver trading range for the day is 36668-37922.
Silver prices dropped amid a modest uptick in the U.S. dollar on the final day of trading in March.
Prices was also impacted after the head of the People's Bank of China hinted of the possibility of additional quantitative easing measures


Holdings at ishares silver trust dropped by 0.59% i.e. 59.50 tonnes to 10014.56 tonnes from 10074.06 tonnes.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co

EPIC RESEARCH MCX COPPER UPDATE OF 01 APRIL 2015

Copper trading range for the day is 373.5-387.5.
Copper prices fell as a broadly stronger U.S. dollar weighed, while steps by China to shore up its economy limited losses.
Meanwhile, policymakers in China introduced measures to assist the country's slowing housing sector.
A drop off in China's property sector has hurt demand for metals such as for copper and nickel.

For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co 

EPIC RESEARCH MCX ZINC UPDATE OF 01 APRIL 2015

Zinc trading range for the day is 128.4-132.8.
Zinc prices dropped the US dollar index to strengthen after US economy improved on positive economic indicators.
The Federal Reserve will have a "strong" case to hike interest rates in June, a hawkish U.S. central bank official said.


Zinc daily stocks at Shanghai exchange came up by 25 tonnes.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co 

EPIC RESEARCH MCX NICKEL UPDATE OF 01 APRIL 2015

Nickel trading range for the day is 749-826.4.
Nickel extended recent hefty losses as record supply and weak stainless steel demand pummelled prices.
Promising US indicators will boost the US dollar index and weigh on Basemetals prices.
LME Nickel prices slipped to $12,310 a tonne, its lowest since May 2009.

For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co 

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 01 APRIL 2015

Mentha oil trading range for the day is 822.6-880.8.
Menthaoil spot is at 936/-. Spot market is up by Rs.18/-.
Mentha oil prices gained due to pickup in the domestic market demand.
Further, hopes of lower production this year along with declining acreage also supported the prices’ uptrend.


However, increased arrivals, especially from the Chandausi in Uttar Pradesh, capped some gains.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co

EPIC RESEARCH NCDEX CHANA UPDATE OF 01 APRIL 2015

Chana trading range for the day is 3593-3671.
Chana prices gained supported by increasing demand against restricted supplies in the spot market from new season crop.
Further, expectations of lower production from the major producing belts too supported chana prices.
NCDEX accredited warehouses chana stocks gained by 92 tonnes to 1755 tonnes.


In Delhi spot market, chana gained by 6.5 rupee to end at 3581.5 rupee per 100 kgs.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co

EPIC RESEARCH NCDEX TURMERIC UPDATE OF 01 APRIL 2015

Turmeric trading range for the day is 7544-7820.
Turmeric prices drooped on late profit booking after gaining on the back of rising domestic and export demand in the spot market.
Telangana and Andhra Pradesh produce the crop that gives farmers very high returns.
NCDEX accredited warehouses turmeric stocks gained by 69 tonnes to 3524 tonnes.


In Nizamabad, a major spot market in AP, the price ended at 7683.3 rupees remains unchanged at0 rupees.

For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co 

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 01 APRIL 2015

Natural gas trading range for the day is 163.2-171.2.
Naturalgas swung between small gains and losses as players monitored extended weather forecasts to gauge the strength of demand.
Outlook remain weak amid speculation the end of the winter heating season will bring warmer temperatures throughout the U.S. and cut into demand for the fuel.


Spring usually sees the weakest demand for natural gas in the U.S, as the absence of extreme temperatures curbs demand for heating and air conditioning.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 01 APRIL 2015

Aluminium trading range for the day is 110.8-114.
Aluminum ended with losses as market concerns grew due to ongoing Greek crisis.
China courted home buyers with a bigger tax break as it cut down payment requirements for the second time in six months.
Investors were turning their attention to Friday’s U.S. employment report for February for further indications on the future path of monetary policy.

For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co

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