Thursday, June 18, 2015

Mcx Commodity Tips and Updates for 18 June 2015

Jeera prices closed lower by 0.58 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a surge in the supply from the producing regions in the midst of a decline in the export demand. At NCDEX, jeera futures for June 2015 contract closed at Rs. 16,300 per quintal, down by 0.58 per cent, after opening at Rs. 16,510 against the previous closing price of Rs. 16,395. It touched the intra-day low of Rs. 16,240.

Barley prices closed higher by 0.24 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of strong demand from beer and cattle-feed making industries against restricted supply in physical markets. At NCDEX, barley futures for June 2015 contract closed at Rs. 1,250 per quintal, up by 0.24 per cent, after opening at Rs. 1,250 against the previous closing price of Rs. 1,247. It touched the intra-day high of Rs. 1,251.

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