Tuesday, August 16, 2011

NCDEX Agri Commodity Market Updates | MCX Trading Tips

Zinc  and  Lead  witnessed  steady  upside  last  month  amid  good  demand  from  China  and  rise  in  cancelled warrants in LME and artificial shortage created due to banks financial deals. But beginning  of august month proved full of turbulence as the meltdown in the global financial markets took toll on the base metals pack and they also crumbled under pressure. 

Precious metals are trading higher on COMEX today.
Base metals are trading lower on International bourses today.
Crude oil is trading marginally lower on NYMEX today.

Pepper and Guar Seed News:

Pepper futures have surged on Tuesday, supported by the rising demand ahead of the festive season. Guar Seed futures are trading lower on the NCDEX on report of good monsoon in the growing region.

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