Base Metals & Energy
D A I L Y B U Z Z
CRUDE OIL
Crude oil futures traded 0.52 per cent higher at Rs 6,230 per barrel today as speculators indulged in creating positions, triggered by a firming trend in Asia.
At the Multi Commodity Exchange, Crude oil for delivery in March gained Rs 32, or 0.52 per cent, to Rs 6,230 per barrel, with a business turnover of 583 lots. Oil for March delivery moved up by Rs 26, or 0.42 per cent, to Rs 6,246 per barrel, with a business volume of 105 lots.
Marketmen said the rise in crude oil futures was largely in tune with a firming trend in Asia, supported by a surge in bank lending in China, the world's top energy consumer.
COPPER
Taking positive cues from global markets, copper prices rose 0.90 per cent to Rs 449.80 per kg in futures trade today amid high domestic demand.
At the Multi Commodity Exchange, copper for delivery in February traded higher by Rs 4, or 0.90 per cent, to Rs 449.80 per kg in business turnover of 1,313 lots.
Similarly, the metal for delivery in April edged up by Rs 3.75, or 0.83 per cent, to Rs 454.30 per kg with a business volume of 99 lots.
Agro Outlook
D A I L Y B U Z Z
CARDAMOM
Cardamom prices rose 0.53 per cent to Rs 808.90 per kg in futures trade today as speculators created fresh positions on firm spot market demand.
Further, restricted arrivals from producing regions also supported the uptrend.
At the Multi Commodity Exchange, cardamom for delivery in April rose Rs 4.30, or 0.53 per cent, to Rs 808.90 per kg, with a business turnover of 61 lots. Similarly, the spice for delivery in March jumped Rs 4.10, or 0.52 per cent, to Rs 402 per kg, with trading volume of 402 lots.
Traders said rising demand in the spot market against less arrivals from producing regions mainly led to an upsurge in cardamom futures prices.
D A I L Y B U Z Z
CRUDE OIL
Crude oil futures traded 0.52 per cent higher at Rs 6,230 per barrel today as speculators indulged in creating positions, triggered by a firming trend in Asia.
At the Multi Commodity Exchange, Crude oil for delivery in March gained Rs 32, or 0.52 per cent, to Rs 6,230 per barrel, with a business turnover of 583 lots. Oil for March delivery moved up by Rs 26, or 0.42 per cent, to Rs 6,246 per barrel, with a business volume of 105 lots.
Marketmen said the rise in crude oil futures was largely in tune with a firming trend in Asia, supported by a surge in bank lending in China, the world's top energy consumer.
COPPER
Taking positive cues from global markets, copper prices rose 0.90 per cent to Rs 449.80 per kg in futures trade today amid high domestic demand.
At the Multi Commodity Exchange, copper for delivery in February traded higher by Rs 4, or 0.90 per cent, to Rs 449.80 per kg in business turnover of 1,313 lots.
Similarly, the metal for delivery in April edged up by Rs 3.75, or 0.83 per cent, to Rs 454.30 per kg with a business volume of 99 lots.
Agro Outlook
D A I L Y B U Z Z
CARDAMOM
Cardamom prices rose 0.53 per cent to Rs 808.90 per kg in futures trade today as speculators created fresh positions on firm spot market demand.
Further, restricted arrivals from producing regions also supported the uptrend.
At the Multi Commodity Exchange, cardamom for delivery in April rose Rs 4.30, or 0.53 per cent, to Rs 808.90 per kg, with a business turnover of 61 lots. Similarly, the spice for delivery in March jumped Rs 4.10, or 0.52 per cent, to Rs 402 per kg, with trading volume of 402 lots.
Traders said rising demand in the spot market against less arrivals from producing regions mainly led to an upsurge in cardamom futures prices.
