/IRBIS, June 9, 2011/ - On June 8, 2011 on the Commodity Exchange "ETC" trades of deliverable commodity futures contracts were held.

Following the auction 19 deals with contracts for refined gold bullion for delivery in June 2011, with 40 open positions were signed. Transaction volume amounted to 8,052,390.08 tenge. The minimum transaction price amounted to 1,536.5 U.S. dollars per 1 ounce. The maximum price of the transaction amounted to 1,538.4 U.S. dollars per 1 ounce. There was also concluded a deal with contracts for refined gold in bullions for delivery in September 2011, with 2 open positions. Transaction volume amounted to 224,387.48 tenge. The transaction price amounted to 1,542.5 U.S. dollars per 1 ounce.

In addition, the trades with contracts for the supply of wheat of class 3 and 4, with delivery in June, July, August and September, October and November 2011 were held.

Estimated futures prices for wheat of class 3 with delivery in June, July, August, September, October and November 2011 have not changed and amounted to 41,500, 42,500, 42,000, 43,500, 37,500, 37,500 Tenge per tonne, respectively.

Settlement prices of futures for wheat of class 4 with delivery in June, July, August and September, October and November 2011 have not changed and amounted to 36,500, 37,500, 37,500 and 37,000, 37,240, 37,480 Tenge per tonne, respectively.

Also on June 8 the following deals have been concluded:

• 35 transactions with mini-contracts for refined silver in bullions for delivery in June 2011, at 330 open positions. Volume of transactions was 247,774.76 tenge. The minimum price of the transactions amounted to 36.7 U.S. dollars for 1 troy ounce, highest - 37.99 U.S. dollars for 1 troy ounce.
• 77 transactions with mini-contracts for refined gold in bullions for delivery in June 2011, at 300 open positions. Volume of transactions was 5,109,088.44 tenge. The minimum price of the transactions amounted to 1,535 U.S. dollars a troy ounce, Max - 1,549.5 U.S. dollars per 1 ounce.
• 1 deal with the mini-contracts on copper for delivery in June 2011, with 44 open positions. Volume of transactions was 12,965 tenge. Price of the transactions amounted to 12,965 tenge per 10 kilograms.
• 81 deal with the mini-contracts on crude oil for delivery in June 2011, at 278 open positions. Volume of transactions was 1,988,316.02 tenge. The minimum price of the transactions amounted to $ 115 for a barrel, the highest - 116.5 U.S. dollars per 1 barrel.
• 6 deals with the mini-contracts for wheat for delivery in June 2011, with 20 open positions. Transaction volume amounted to 35,655 tenge. The minimum transaction price amounted to 3,905 tenge per 100 kilograms, the maximum price of the transaction amounted to 4,000 tenge per 100 kilograms.

[2011-06-09]