Base Metals & Energy
Supported by a firming trend overseas and firm demand at spot markets, zinc futures edged up by 0.29 per cent to Rs 122.70 per kg today amid a firm global trend.
Globally, zinc for delivery in three months on the London Metal Exchange added as much as 1.1
per cent to $2,008.50 per tonne.
At the Multi Commodity Exchange, zinc for delivery in April traded up by 35 paise, or 0.29 per cent, to Rs 122.70 per kg, with a business turnover of 20 lots. The metal for delivery in March also rose by 30 paise, or 0.25 per cent, to Rs 121.65 per kg, with a business turnover of 474 lots.
CRUDE OIL
Crude oil futures recovered by 0.12 per cent to rs 5,990 per barrel today as speculators created fresh positions on a firming trend in the asian region.
At the Multi Commodity Exchange, crude oil prices for delivery in March traded higher by Rs 7, or 0.12 per cent, at Rs 5,990 per barrel, with a business turnover of 979 lots.
Crude oil prices for April also traded up by Rs 3, or 0.05 per cent, to Rs 6,005 per barrel, with a business volume of 198 lots.
Agro Outlook
Turmeric prices fell by 1.51 per cent to Rs 6,908 per quintal in futures trade today as speculators reduced positions due to sluggish demand in the spot market against adequate supplies from producing belts.
At the National Commodity and Derivatives Exchange, turmeric for delivery in May fell by Rs 106, or 1.51 per cent, to Rs 6,908 per quintal with an open interest of 6,085 lots. Similarly, the spice for delivery in April traded lower by Rs 98, or 1.42 per cent, to Rs 6,824 per quintal in 19,180 lots.
Analysts said offloading of positions by speculators on the back of sluggish demand in the spot market against adequate supplies from producing regions mainly pulled down turmeric prices at futures trade.
D A I L Y B U Z Z
ZINCSupported by a firming trend overseas and firm demand at spot markets, zinc futures edged up by 0.29 per cent to Rs 122.70 per kg today amid a firm global trend.
Globally, zinc for delivery in three months on the London Metal Exchange added as much as 1.1
per cent to $2,008.50 per tonne.
At the Multi Commodity Exchange, zinc for delivery in April traded up by 35 paise, or 0.29 per cent, to Rs 122.70 per kg, with a business turnover of 20 lots. The metal for delivery in March also rose by 30 paise, or 0.25 per cent, to Rs 121.65 per kg, with a business turnover of 474 lots.
CRUDE OIL
Crude oil futures recovered by 0.12 per cent to rs 5,990 per barrel today as speculators created fresh positions on a firming trend in the asian region.
At the Multi Commodity Exchange, crude oil prices for delivery in March traded higher by Rs 7, or 0.12 per cent, at Rs 5,990 per barrel, with a business turnover of 979 lots.
Crude oil prices for April also traded up by Rs 3, or 0.05 per cent, to Rs 6,005 per barrel, with a business volume of 198 lots.
Agro Outlook
D A I L Y B U Z Z
TURMERICTurmeric prices fell by 1.51 per cent to Rs 6,908 per quintal in futures trade today as speculators reduced positions due to sluggish demand in the spot market against adequate supplies from producing belts.
At the National Commodity and Derivatives Exchange, turmeric for delivery in May fell by Rs 106, or 1.51 per cent, to Rs 6,908 per quintal with an open interest of 6,085 lots. Similarly, the spice for delivery in April traded lower by Rs 98, or 1.42 per cent, to Rs 6,824 per quintal in 19,180 lots.
Analysts said offloading of positions by speculators on the back of sluggish demand in the spot market against adequate supplies from producing regions mainly pulled down turmeric prices at futures trade.
