Base Metals & Energy
D A I L Y B U Z Z
LEAD
Lead prices edged up by 0.31 per cent to Rs 131.20 per kg in futures trade today as speculators created fresh positions on rise in demand from battery-makers in the spot market amid a firming trend overseas.
At the Multi Commodity Exchange, lead for delivery in February edged up by 40 paise, or 0.31 per cent, to Rs 131.20 per kg in a business turnover of 241 lots. Likewise, the metal for delivery in March traded higher by 40 paise, or 0.30 per cent to Rs 132.35 per kg in five lots.
Market analysts said apart from fresh positions built by speculators on the back of a rise in demand from battery makers, a firming trend in select base metals at the London Metal Exchange led to rise in lead prices at futures trade.
Agro Outlook
D A I L Y B U Z Z
CORIANDER
Coriander prices moved down by 0.74 per cent to Rs 9,205 per quintal in futures trade today as speculators reduced their positions.
At the Multi Commodity Exchange, coriander for delivery in April fell by Rs 69, or 0.74 per cent, to Rs 9,205 per quintal with an open interest of 42,530 lots.
Similarly, the spice for delivery in February lost Rs 60, or 0.73 per cent, to Rs 8,185 per quintal in 13,760 lots.
CARDAMOM
Cardamom prices moved down by 0.86 per cent to Rs 822.50 per kg in futures market today as speculators reduced their holdings due to sluggish demand in the spot market at higher levels.Besides, adequate stocks in the physical market on fresh arrivals from producing regions also put pressure on cardamom prices.
At the Multi Commodity Exchange, cardamom for delivery in March declined by Rs 7.10, or 0.86 per cent, to Rs 822.50 per kg in a business turnover of 639 lots. In a similar fashion, the spice for delivery in February traded lower by Rs 2.30, or 0.33 per cent, to Rs 697.20 per kg in 17 lots.
D A I L Y B U Z Z
LEAD
Lead prices edged up by 0.31 per cent to Rs 131.20 per kg in futures trade today as speculators created fresh positions on rise in demand from battery-makers in the spot market amid a firming trend overseas.
At the Multi Commodity Exchange, lead for delivery in February edged up by 40 paise, or 0.31 per cent, to Rs 131.20 per kg in a business turnover of 241 lots. Likewise, the metal for delivery in March traded higher by 40 paise, or 0.30 per cent to Rs 132.35 per kg in five lots.
Market analysts said apart from fresh positions built by speculators on the back of a rise in demand from battery makers, a firming trend in select base metals at the London Metal Exchange led to rise in lead prices at futures trade.
Agro Outlook
D A I L Y B U Z Z
CORIANDER
Coriander prices moved down by 0.74 per cent to Rs 9,205 per quintal in futures trade today as speculators reduced their positions.
At the Multi Commodity Exchange, coriander for delivery in April fell by Rs 69, or 0.74 per cent, to Rs 9,205 per quintal with an open interest of 42,530 lots.
Similarly, the spice for delivery in February lost Rs 60, or 0.73 per cent, to Rs 8,185 per quintal in 13,760 lots.
CARDAMOM
Cardamom prices moved down by 0.86 per cent to Rs 822.50 per kg in futures market today as speculators reduced their holdings due to sluggish demand in the spot market at higher levels.Besides, adequate stocks in the physical market on fresh arrivals from producing regions also put pressure on cardamom prices.
At the Multi Commodity Exchange, cardamom for delivery in March declined by Rs 7.10, or 0.86 per cent, to Rs 822.50 per kg in a business turnover of 639 lots. In a similar fashion, the spice for delivery in February traded lower by Rs 2.30, or 0.33 per cent, to Rs 697.20 per kg in 17 lots.
