Base Metals & Energy
COPPER CRUDE OIL
D A I L Y B U Z Z
Crude oil futures eased by 0.29 per cent to Rs 6,135 per barrel today in line with a mixed trend in Asian trade.
At the Multi Commodity Exchange, Crude oil for delivery in January fell Rs 18, or 0.29 per cent, to Rs
6,135 per barrel, with a business volume of 725 lots.
Oil prices for February contracts moved down by Rs 17, or 0.27 per cent to Rs 6,177 per barrel, with a
business volume of 12 lots. Marketmen said the fall in crude oil futures prices was mostly in line with a
mixed trend in Asian trade as dealers engaged in profit-taking with a lack of leads to spur fresh market
movement.
Meanwhile, crude oil for delivery in February was down by 24 cents to $98.67 a barrel on the New York Mercantile Exchange, while Brent North Sea crude for February rose 8 cents to $111.64.
Agro Outlook
CHANA DHANIYA
D A I L Y B U Z Z
Chana prices fell for the fourth straight day by losing 0.23 per cent to Rs 3,019 per quintal in futures trade today on sluggish demand in the spot market against increased supplies from producing regions.
At the National Commodity and Derivatives Exchange, chana for delivery in January fell by Rs 7, or 0.23 per cent to Rs 3,019 per quintal with an open interest of 86,920 lots.
Analysts said sluggish demand in the spot market against on increased supplies from producing regions mainly kept pressure on chana prices at futures trade.
COPPER CRUDE OIL
D A I L Y B U Z Z
Crude oil futures eased by 0.29 per cent to Rs 6,135 per barrel today in line with a mixed trend in Asian trade.
At the Multi Commodity Exchange, Crude oil for delivery in January fell Rs 18, or 0.29 per cent, to Rs
6,135 per barrel, with a business volume of 725 lots.
Oil prices for February contracts moved down by Rs 17, or 0.27 per cent to Rs 6,177 per barrel, with a
business volume of 12 lots. Marketmen said the fall in crude oil futures prices was mostly in line with a
mixed trend in Asian trade as dealers engaged in profit-taking with a lack of leads to spur fresh market
movement.
Meanwhile, crude oil for delivery in February was down by 24 cents to $98.67 a barrel on the New York Mercantile Exchange, while Brent North Sea crude for February rose 8 cents to $111.64.
Agro Outlook
CHANA DHANIYA
D A I L Y B U Z Z
Chana prices fell for the fourth straight day by losing 0.23 per cent to Rs 3,019 per quintal in futures trade today on sluggish demand in the spot market against increased supplies from producing regions.
At the National Commodity and Derivatives Exchange, chana for delivery in January fell by Rs 7, or 0.23 per cent to Rs 3,019 per quintal with an open interest of 86,920 lots.
Analysts said sluggish demand in the spot market against on increased supplies from producing regions mainly kept pressure on chana prices at futures trade.
