Tuesday, June 9, 2015

Mcx commodity tips and News for 9 June 2015

Mcx commodity tips : Maize prices ended lower by 2.87 per cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of heavy selling activity by the traders on account of higher global supplies and weak offtakes from the local buyers. At the NCDEX, maize futures for June 2015 contract closed at Rs. 1,116 per quintal, down by 2.87 per cent, after opening at Rs. 1,140 against the previous closing price of Rs. 1,149. It touched the intra-day low of Rs. 1,116.

Mustard Seed prices closed lower by 2.55 per cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the profit booking by the traders on account of the weak crushing and export demand of mustard meal. At the NCDEX, Mustard Seed futures for June 2015 contract closed at Rs. 4,081 per quintal, down by 2.55 per cent, after opening at Rs. 4,188 against the previous closing price of Rs. 4,188. It touched the intra-day low of Rs. 4,047.

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