Wednesday, July 23, 2014

COMMODITY MCX ALUMINIUM TIPS & CRUDE OIL UPDATES 23/07/2014

Base Metals & Energy 
D A I L Y B U Z Z
ALUMINIUM 
Aluminium prices today rose by 0.78 per cent to Rs 122.30 per kg in futures trade mostly in line with a firming trend in the global markets. 

Further, increased demand at domestic spot markets also influenced prices. 

At the Multi Commodity Exchange, aluminium for delivery in July rose by 95 paise, or 0.78 per cent, to Rs 122.30 per kg in business turnover of 4,854 lots. 

Similarly, the metal for delivery in August traded higher by 80 paise, or 0.65 per cent, to Rs 122.90 per kg in 583 lots. 

CRUDE OIL 
Crude oil futures rose 0.76 per cent to Rs 6,237 per barrel today as speculators created positions on a firming trend in the Asian region. 

At the Multi Commodity Exchange, crude oil prices for delivery in August traded higher by Rs 47, or 0.76 per cent, to Rs 6,237 per barrel, with a business turnover of 1,846 lots. 

Crude oil prices for April were also up by a similar margin to Rs 6,212 per barrel with a business volume of 57 lots. 



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