Base Metals & Energy
D A I L Y B U Z Z
COPPER
Taking positive cues from overseas markets and a pick-up in spot demand, copper futures rose by 0.46 per cent today to Rs 400.25 per kg.
At the Multi Commodity Exchange, copper for delivery in April was trading higher by Rs 1.85, or 0.46 per cent, to Rs 400.25 per kg, with a turnover of 1,113 lots.
Similarly, the metal for delivery in far-month July was up by Rs 1.80, or 0.45 per cent, at Rs 404.25 per kg, with a trade volume of 62 lots. Globally, copper for three-month delivery added 0.30 per cent to USD 6,494.25 a tonne on the London Metal Exchange (LME).
ZINC
Zinc futures edged up by 0.55 per cent to Rs 118.20 per kg amid a firm global trend and better domestic demand as speculators enlarged positions.
At the Multi Commodity Exchange, zinc for delivery in March edged up by 65 paise, or 0.55 per cent, to Rs 118.20 per kg, with a business turnover of 313 lots.
The metal for delivery in April also rose by 55 paise, or 0.46 per cent, to Rs 119.10 per kg, with a business turnover of 27 lots.
Agro Outlook
D A I L Y B U Z Z
CORIANDER
Coriander prices rose by 0.79 per cent to Rs 8,943 per quintal in futures trade today as speculators enlarged positions on rising demand in the spot market.
At the National Commodity and Derivative Exchange, coriander for delivery in April rose by Rs 70, or 0.79 per cent, to Rs 8,943 per quintal with an open interest of 30,150 lots.
Similarly, the spice for delivery in May moved up by Rs 65, or 0.72 per cent, to Rs 9,120 per quintal in 40,570 lots.
CARDAMOM
Cardamom futures fell by 0.39 per cent to Rs 884.80 per kg in futures trade today as speculators indulged in booking profits at prevailing levels, driven by sluggish demand in the spot market.
Adequate stocks position following increased arrivals from producing regions also put pressure on cardamom.
At the Multi Commodity Exchange, cardamom for delivery in May fell by Rs 3.50, or 0.39 per cent, to Rs 884.80 per kg in business turnover of 62 lots. Simi
