India is the largest Manufacture of chickpea followed by Iran Turkey and Pakistan,. India produces around 6 to 8 million tonnes and contributes around 70 % of the total world production.
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Showing posts with label chana news. Show all posts
Showing posts with label chana news. Show all posts
Wednesday, September 30, 2015
Chana Ends lower on lack of Buying Interest
India is the largest Manufacture of chickpea followed by Iran Turkey and Pakistan,. India produces around 6 to 8 million tonnes and contributes around 70 % of the total world production.
Friday, January 10, 2014
MCX COMMODITY TIPS FOR 10 JAN 2014
Precious Metals
GOLD SILVER
D A I L Y B U Z Z
Gold prices fell by Rs 160 to Rs 30,000 per ten grams in the national capital on Wednesday on sustained selling by stockists against sluggish demand amid a weak global trend.
Silver also dropped by Rs 1,050 to Rs 44,300 per kg on reduced offtake by industrial units, particularly coin makers, amid weak global cues.
In Mumbai, gold of 99.9 and 99.5 per cent purity traded at Rs 29,850 and Rs 29,700 per ten grams, respectively, while silver enquired at Rs 45,000 per kg.
Traders said sustained selling by stockists against sluggish demand and a weak global trend as strengthening dollar reduced the metal's appeal as an alternative investment mainly led to the fall in the prices of the precious metal.
Gold in Singapore, which normally sets price trend on the domestic front, fell 0.5 per cent to $1,225.71 an ounce and silver by 1.1 per cent to $19.64 an ounce.
At the domestic front, gold of 99.9 and 99.5 per cent purity fell further by Rs 160 each to Rs 30,000 and Rs 29,800 per ten grams, respectively. Sovereign declined by Rs 100 to Rs 25,000 per piece of eight gram.Silver ready dropped by Rs 1,050 to Rs 44,300 per kg and weekly-based delivery by Rs 1,200 to Rs 44,300 per kg.
Base Metals & Energy
COPPER CRUDE OIL
D A I L Y B U Z Z
Nickel prices moved up by 0.13 per cent to Rs 852.20 per kg in futures trade today as speculators
enlarged their positions driven by rising demand from alloy-makers in the spot market.
At the Multi Commodity Exchange, nickel for delivery in January gained Rs 1.10, or 0.13 per cent, to Rs 852.20 per kg in a business turnover of 1,411 lots.
Similarly, the metal for delivery in February moved up by 90 paise, or 0.10 per cent, to Rs 860.40 per kg in 44 lots.
GOLD SILVER
D A I L Y B U Z Z
Gold prices fell by Rs 160 to Rs 30,000 per ten grams in the national capital on Wednesday on sustained selling by stockists against sluggish demand amid a weak global trend.
Silver also dropped by Rs 1,050 to Rs 44,300 per kg on reduced offtake by industrial units, particularly coin makers, amid weak global cues.
In Mumbai, gold of 99.9 and 99.5 per cent purity traded at Rs 29,850 and Rs 29,700 per ten grams, respectively, while silver enquired at Rs 45,000 per kg.
Traders said sustained selling by stockists against sluggish demand and a weak global trend as strengthening dollar reduced the metal's appeal as an alternative investment mainly led to the fall in the prices of the precious metal.
Gold in Singapore, which normally sets price trend on the domestic front, fell 0.5 per cent to $1,225.71 an ounce and silver by 1.1 per cent to $19.64 an ounce.
At the domestic front, gold of 99.9 and 99.5 per cent purity fell further by Rs 160 each to Rs 30,000 and Rs 29,800 per ten grams, respectively. Sovereign declined by Rs 100 to Rs 25,000 per piece of eight gram.Silver ready dropped by Rs 1,050 to Rs 44,300 per kg and weekly-based delivery by Rs 1,200 to Rs 44,300 per kg.
Base Metals & Energy
COPPER CRUDE OIL
D A I L Y B U Z Z
Nickel prices moved up by 0.13 per cent to Rs 852.20 per kg in futures trade today as speculators
enlarged their positions driven by rising demand from alloy-makers in the spot market.
At the Multi Commodity Exchange, nickel for delivery in January gained Rs 1.10, or 0.13 per cent, to Rs 852.20 per kg in a business turnover of 1,411 lots.
Similarly, the metal for delivery in February moved up by 90 paise, or 0.10 per cent, to Rs 860.40 per kg in 44 lots.
Friday, December 13, 2013
RESEARCH VIA DAILY COMMODITY REPORT FOR 13-12-13
Precious Metals
SILVER GOLD
D A I L Y B U Z Z
Gold prices fell by Rs 110 to Rs 31,040 per ten grams in the national capital today on profitselling by stockists at existing higher levels amid a weak global trend.
However, silver gained for the third straight day by adding Rs 60 to Rs 45,060 per kg on increased offtake by industrial units and coin makers.
Traders said profit-selling by stockists at existing higher levels amid a weak global trend as congressional negotiators reached a US budget agreement, curbing the appeal of the metal as a safe haven, mainly influenced gold prices.
Gold in New York, which normally sets price trend on the domestic front, fell by 0.3 per cent to USD 1,257.20 an ounce last night.
On the domestic front, gold of 99.9 and 99.5 per cent purity fell by Rs 110 each to Rs 31,040 and Rs 30,840 per ten grams, respectively. It had gained Rs 425 yesterday. Sovereign held steady at Rs 25,300 per piece of eight gram. On the other hand, silver ready rose by Rs 60 to Rs 45,060 per kg and weekly-based delivery by similar margin to Rs 45,660 per kg. The white metal had gained Rs 1,530 in the previous two sessions.
Silver coins continued to be asked at last level of Rs 85,000 for buying and Rs 86,000 for selling of 100 pieces.
Base Metals & Energy
COPPER CRUDE OIL
D A I L Y B U Z Z
Nickel prices moved up by 0.65 per cent to Rs 872.30 per kg in futures trade today as speculators
created fresh positions, supported by rising demand from alloy-makers in the spot market amid a firm
global trend.
At the Multi Commodity Exchange, nickel for delivery in December rose by Rs 5.60, or 0.65 per cent, to Rs 872.30 per kg in a business turnover of 6,722 lots.
Similarly, the metal for delivery in January moved up by Rs 4.50, or 0.51 per cent, to Rs 879.50 per kg in 614 lots.
Analysts attributed the rise in nickel futures to a firm global trend as major smelters in Japan plan to
seek alternative ore supplies amid mounting concerns over Indonesian shipments.
Meanwhile, nickel for delivery in three months gained one per cent to $14,175 a tonne on the London
Metal Exchange.
Agro Outlook
CHANA DHANIYA
D A I L Y B U Z Z
Mentha oil prices extended gains by adding 0.38 per cent to Rs 3.20 per kg in futures trade today on the back of increased domestic as well as exports demand.
Besides, reports of lower output this season also influenced the prices, traders said.
At the Multi Commodity Exchange, Mentha oil for delivery in December rose by Rs 3.20, or 0.38 per cent, to Rs 841 per kg, clocking a business volume of 256 lots. The oil for January contract traded higher by Rs 3, or 0.35 per cent, to Rs 852.90 per kg, with a trading volume of 61 lots.Potato prices fell by 1.19 per cent to Rs 913 per quintal in futures trade today as speculators offloaded their positions due to low demand in spot markets.
The trading sentiment weakened further as a result of easy availability of potato in the spot markets following fresh arrivals from producing regions.
At the Multi Commodity Exchange, potato prices for April contract fell by Rs 11, or 1.19 per cent, to Rs 913 per quintal, with a business volume of 24 lots.
Tuesday, December 10, 2013
DAILY COMMODITY REPORT FOR 10 DEC 2013
Precious Metals
GOLD SILVER
D A I L Y B U Z Z
Snapping its two-day losing streak, gold rebounded by Rs 255 to Rs 30,755 per ten grams in the national capital today on low level buying by stockists and retailers for the ongoing marriage season.
However, silver remained under selling pressure for the sixth straight session and shed Rs 30 to Rs 43,470 per kg. It had lost Rs 1,575 in the previous five sessions.
Traders said low level buying by stockists and retailers for the ongoing marriage season led the recovery in gold.
They said silver remained under selling pressure against reduced offtake by industrial units and surrendered fresh ground.
On the domestic front, gold of 99.9 and 99.5 per cent purity rebounded by Rs 255 each to Rs 30,755 and Rs 30,555 per ten grams, respectively. It had lost Rs 750 in last two days. Sovereign rose by Rs 100 to Rs 25,200 per piece of eight gram.
On the other hand, silver ready continued to slide by Rs 30 to Rs 43,470 per kg and weeklybased delivery.
Base Metals & Energy
COPPER CRUDE OIL
D A I L Y B U Z Z
Taking weak cues from global markets, aluminium prices fell to Rs 106.75 per kg in futures trading today as speculators offloaded positions.
Further, sluggish demand in the domestic spot markets also weighed on the metal prices.
At the Multi Commodity Exchange, aluminium for delivery in December declined by 55 paise, or 0.51
per cent, to Rs 106.75 per kg in business turnover of 153 lots. Similarly, the metal for delivery in January 2014 contracts traded lower by 50 paise, or 0.46 per cent, to Rs 108.50 per kg in 13 lots.
Amid a weak trend in the global markets and sluggish domestic demand, zinc futures today fell 0.21 per cent to Rs 116.75 per kg as participants reduced their positions.
At the Multi Commodity Exchange, zinc for delivery in January traded lower by 25 paise, or 0.21 per
cent, to Rs 116.75 per kg, with a business turnover of six lots.
The metal for delivery in current month fell by 20 paise, or 0.17 per cent, to Rs 115.55 per kg in a
turnover of 110 lots.
Nickel prices dropped 0.39 per cent to Rs 850.60 per kg in futures trade today after participants trimmed holdings tracking a weak trend overseas amid sluggish demand from alloy-makers in the spot
market. At the Multi Commodity Exchange, nickel for delivery in January next year dropped by Rs 3.30, or 0.39 per cent, to Rs 850.60 per kg in a business turnover of 19 lots. The metal for delivery in current month shed Rs 2.70, or 0.32 per cent, to Rs 842 per kg in 48 lots.
Agro Outlook
CHANA DHANIYA
D A I L Y B U Z Z
Cardamom prices fell by 0.42 per cent to Rs 705.50 per kg in futures trade today as speculators booked profits at prevailing levels amid subdued demand in the spot market.
Besides, adequate stocks position in the physical market following increased arrivals from producing belts also put pressure on cardamom.
At the Multi Commodity Exchange, cardamom for delivery in December fell by Rs 3, or 0.42 per
cent to Rs 705.50 per kg in business turnover of 104 lots. Similarly, the spice for delivery in January shed Rs 2.30, or 0.31 per cent to Rs 733.50 per kg in 113 lots.
Analysts said besides profit-booking by speculators at prevailing higher levels, subdued demand in the spot market mainly influenced cardamom prices at futures trade.
Saturday, November 30, 2013
RESEARCH VIA DAILY COMMODITY REPORTS FOR 30 NOV 2013
Precious Metals
SILVER GOLD
D A I L Y B U Z Z
Gold futures prices moved down by 0.36 per cent to Rs 30,049 per 10 grams today, after participants offloaded partial positions, taking weak cues from the global market.
At the Multi Commodity Exchange, gold for delivery in December eased by Rs 110, or 0.36 per cent, to Rs 30,049 per 10 gm in business turnover of 660 lots.
Likewise, the metal for delivery in February next year shed Rs 51, or 0.17 per cent, to Rs 29,229 per 10 gm in 257 lots.
Market analysts said a weak trend in the overseas markets on speculation that the Federal Reserve will begin reducing monetary stimulus as the US economy strengthens, damping demand for haven assets, mainly weighed gold prices at futures trade.
Globally, gold traded lower at USD 1,242.65 an ounce in Singapore today as against yesterday's USD 1,244.13.
Base Metals & Energy
COPPER CRUDE OIL
D A I L Y B U Z Z
Aluminium prices fell by 0.30 per cent to Rs 107.95 per kg in futures trading today as speculators offloaded their positions driven by weak global trend on supply outlook.
At the Multi Commodity Exchange, aluminium for delivery in December declined by 40 paise, or 0.30
per cent, to Rs 107.95 per kg in business turnover of 179 lots.
Similarly, the metal for delivery in November traded lower by 30 paise, or 0.28 per cent to Rs 105.95 per k g in 232 lots.
Market analysts said speculators offloaded their positions in tandem with a weak global trend amid
signs that the metal will remain in oversupply, weighed on aluminium prices at futures trade here.
Meanwhile, aluminium for delivery in three months fell USD 1,744 per tonne on the London Metal
Exchange.
Agro Outlook
CHANA DHANIYA
D A I L Y B U Z Z
Coriander prices fell by 1.14 per cent to Rs 7,500 per quintal in futures trade today as speculators
booked profits at existing higher levels, influenced by a decline in demand in spot market.
At the Multi Commodity Exchange, coriander for delivery in December fell by Rs 87, or 1.14 per
cent, to Rs 7,500 per quintal with open interest of 25,790 lots.
The spice for January delivery declined by Rs 80, or 1.02 per cent, to Rs 7,708 per quintal with an open interest of 13,720 lots. Market analysts said besides profit-booking by speculators at existing higher levels, sluggish demand in the spot market led to the fall in coriander futures prices.
Monday, November 25, 2013
DAILY MCX COMMODITY TIPS ON PRECIOUS METALS FOR 25 NOV 2013
SILVER GOLD
D A I L Y B U Z Z
Gold prices moved down by 0.43 per cent to Rs 29,941 per 10 gram in futures trade, after participants offloaded partial positions, taking weak cues from the global market.
At the Multi Commodity Exchange, gold for delivery in December eased by Rs 129, or 0.43 per cent, to Rs 29,941 per 10 gram in business turnover of 372 lots. Likewise, the metal for delivery in far-month February next year shed Rs 103, or 0.35 per cent, to Rs 29,329 per 10 gm in 34 lots.
Market analysts said a weak trend in the overseas markets after the US Federal Reserve signalled that policy makers may reduce monthly bond purchases in the coming months, mainly weighed on gold futures here.
Globally, gold fell 2.54 per cent to $1,242.80 an ounce in New York on Wednesday.
D A I L Y B U Z Z
Gold prices moved down by 0.43 per cent to Rs 29,941 per 10 gram in futures trade, after participants offloaded partial positions, taking weak cues from the global market.
At the Multi Commodity Exchange, gold for delivery in December eased by Rs 129, or 0.43 per cent, to Rs 29,941 per 10 gram in business turnover of 372 lots. Likewise, the metal for delivery in far-month February next year shed Rs 103, or 0.35 per cent, to Rs 29,329 per 10 gm in 34 lots.
Market analysts said a weak trend in the overseas markets after the US Federal Reserve signalled that policy makers may reduce monthly bond purchases in the coming months, mainly weighed on gold futures here.
Globally, gold fell 2.54 per cent to $1,242.80 an ounce in New York on Wednesday.
Wednesday, November 13, 2013
DAILY COMMODITY REPORT FOR 13 NOV 2013
Precious Metals
SILVER GOLD
D A I L Y B U Z Z
Gold prices recovered by 0.25 per cent to Rs 29,778 per 10 grams in futures trade today as speculators covered short positions even as precious metal remained weak overseas.
At the Multi Commodity Exchange, gold for delivery in December recovered by Rs 73, or 0.25 per cent, to Rs 29,778 per 10 gram in business turnover of 1,106 lots.
The metal for delivery in far-month February moved up by Rs 50, or 0.17 per cent, to Rs 29,479 per 10 gm in a turnover of 54 lots.
Silver prices recovered by 0.37 per cent to Rs 49,849 per kg in futures trade today, largely supported by covering-up of short positions by speculators even as the metal weakened in overseas markets.
Base Metals & Energy
COPPER CRUDE OIL
D A I L Y B U Z Z
Lead prices traded lower by 0.55 per cent to Rs 135.20 per kg in futures market today as speculators
reduced their positions due to sluggish demand from battery makers in the spot market.
At the Multi Commodity Exchange, lead for delivery in December declined by 75 paise, or 0.55 per cent, to Rs 135.20 per kg in business turnover of 81 lots.
Likewise, the metal for delivery in November shed 70 paise, or 0.52 per cent, to Rs 134.10 per kg in 2,527 lots.
Analysts attributed the weakness in lead futures to offloading of positions by speculators on sluggish
demand from battery-maker in the spot market.
Agro Outlook
CHANA DHANIYA
D A I L Y B U Z Z
Sugar futures dropped due to poor demand and ample stocks with mills, and many trade and industry officials believe the contract could fall further.
The key December contract was down 0.11 percent at 2,837 rupees per 100 kg at 1033 GMT on the National Commodity and Derivatives Exchange.
India started the new sugar-marketing year with carry-forward stocks of 8.8 million tonnes. The
country is expected to produce 25 million tonnes this year against a demand of 23 million tonnes.
A pick-up in exports could help mills in trimming inventory and support prices, dealers said. Indian traders have struck deals to export about 175,000 tonnes of raw sugar for DecemberJanuary delivery, marking their first sale in the new season that started on Oct. 1.
SILVER GOLD
D A I L Y B U Z Z
Gold prices recovered by 0.25 per cent to Rs 29,778 per 10 grams in futures trade today as speculators covered short positions even as precious metal remained weak overseas.
At the Multi Commodity Exchange, gold for delivery in December recovered by Rs 73, or 0.25 per cent, to Rs 29,778 per 10 gram in business turnover of 1,106 lots.
The metal for delivery in far-month February moved up by Rs 50, or 0.17 per cent, to Rs 29,479 per 10 gm in a turnover of 54 lots.
Silver prices recovered by 0.37 per cent to Rs 49,849 per kg in futures trade today, largely supported by covering-up of short positions by speculators even as the metal weakened in overseas markets.
Base Metals & Energy
COPPER CRUDE OIL
D A I L Y B U Z Z
Lead prices traded lower by 0.55 per cent to Rs 135.20 per kg in futures market today as speculators
reduced their positions due to sluggish demand from battery makers in the spot market.
At the Multi Commodity Exchange, lead for delivery in December declined by 75 paise, or 0.55 per cent, to Rs 135.20 per kg in business turnover of 81 lots.
Likewise, the metal for delivery in November shed 70 paise, or 0.52 per cent, to Rs 134.10 per kg in 2,527 lots.
Analysts attributed the weakness in lead futures to offloading of positions by speculators on sluggish
demand from battery-maker in the spot market.
Agro Outlook
CHANA DHANIYA
D A I L Y B U Z Z
Sugar futures dropped due to poor demand and ample stocks with mills, and many trade and industry officials believe the contract could fall further.
The key December contract was down 0.11 percent at 2,837 rupees per 100 kg at 1033 GMT on the National Commodity and Derivatives Exchange.
India started the new sugar-marketing year with carry-forward stocks of 8.8 million tonnes. The
country is expected to produce 25 million tonnes this year against a demand of 23 million tonnes.
A pick-up in exports could help mills in trimming inventory and support prices, dealers said. Indian traders have struck deals to export about 175,000 tonnes of raw sugar for DecemberJanuary delivery, marking their first sale in the new season that started on Oct. 1.
Tuesday, November 12, 2013
DAILY COMMODITY REPORT FOR 12/NOV/13
Precious Metals
SILVER GOLD
D A I L Y B U Z Z
Gold prices recovered by 0.25 per cent to Rs 29,778 per 10 grams in futures trade today as speculators covered short positions even as precious metal remained weak overseas.
At the Multi Commodity Exchange, gold for delivery in December recovered by Rs 73, or 0.25 per cent, to Rs 29,778 per 10 gram in business turnover of 1,106 lots.
The metal for delivery in far-month February moved up by Rs 50, or 0.17 per cent, to Rs 29,479 per 10 gm in a turnover of 54 lots.
Silver prices recovered by 0.37 per cent to Rs 49,849 per kg in futures trade today, largely supported by covering-up of short positions by speculators even as the metal weakened in overseas markets.
Base Metals & Energy
COPPER CRUDE OIL
D A I L Y B U Z Z
Lead futures prices rose marginally by 0.07 per cent today to trade at Rs 135.50 per kg on rising demand in spot markets and positive cues from global markets.
At the Multi Commodity Exchange, lead for delivery in November traded 10 paise, or 0.07 per cent,
higher at Rs 135.50 per kg, with a turnover of 1,229 lots.
The metal for delivery in December also rose by a similar margin to trade at Rs 136.55 per kg, in a
business turnover of 133 lots.
Analysts said besides strong domestic demand from battery-makers, a firm trend in base metals at the
London Metal Exchange influenced lead prices at futures trade here.
Agro Outlook
CHANA DHANIYA
D A I L Y B U Z Z
Sugar futures dropped due to poor demand and ample stocks with mills, and many trade and industry officials believe the contract could fall further.
The key December contract was down 0.11 percent at 2,837 rupees per 100 kg at 1033 GMT on
the National Commodity and Derivatives Exchange.
India started the new sugar-marketing year with carry-forward stocks of 8.8 million tonnes. The
country is expected to produce 25 million tonnes this year against a demand of 23 million tonnes.
A pick-up in exports could help mills in trimming inventory and support prices, dealers said.
Indian traders have struck deals to export about 175,000 tonnes of raw sugar for DecemberJanuary delivery, marking their first sale in the new season that started on Oct. 1.
Spot sugar was unchanged at 3,200.00 rupees per 100 kg at the Kolhapur market in topproducing Maharashtra state.
SILVER GOLD
D A I L Y B U Z Z
Gold prices recovered by 0.25 per cent to Rs 29,778 per 10 grams in futures trade today as speculators covered short positions even as precious metal remained weak overseas.
At the Multi Commodity Exchange, gold for delivery in December recovered by Rs 73, or 0.25 per cent, to Rs 29,778 per 10 gram in business turnover of 1,106 lots.
The metal for delivery in far-month February moved up by Rs 50, or 0.17 per cent, to Rs 29,479 per 10 gm in a turnover of 54 lots.
Silver prices recovered by 0.37 per cent to Rs 49,849 per kg in futures trade today, largely supported by covering-up of short positions by speculators even as the metal weakened in overseas markets.
Base Metals & Energy
COPPER CRUDE OIL
D A I L Y B U Z Z
Lead futures prices rose marginally by 0.07 per cent today to trade at Rs 135.50 per kg on rising demand in spot markets and positive cues from global markets.
At the Multi Commodity Exchange, lead for delivery in November traded 10 paise, or 0.07 per cent,
higher at Rs 135.50 per kg, with a turnover of 1,229 lots.
The metal for delivery in December also rose by a similar margin to trade at Rs 136.55 per kg, in a
business turnover of 133 lots.
Analysts said besides strong domestic demand from battery-makers, a firm trend in base metals at the
London Metal Exchange influenced lead prices at futures trade here.
Agro Outlook
CHANA DHANIYA
D A I L Y B U Z Z
Sugar futures dropped due to poor demand and ample stocks with mills, and many trade and industry officials believe the contract could fall further.
The key December contract was down 0.11 percent at 2,837 rupees per 100 kg at 1033 GMT on
the National Commodity and Derivatives Exchange.
India started the new sugar-marketing year with carry-forward stocks of 8.8 million tonnes. The
country is expected to produce 25 million tonnes this year against a demand of 23 million tonnes.
A pick-up in exports could help mills in trimming inventory and support prices, dealers said.
Indian traders have struck deals to export about 175,000 tonnes of raw sugar for DecemberJanuary delivery, marking their first sale in the new season that started on Oct. 1.
Spot sugar was unchanged at 3,200.00 rupees per 100 kg at the Kolhapur market in topproducing Maharashtra state.
Tuesday, October 29, 2013
RESEARCH VIA COMMODITY MCX NCDEX TIPS FOR 29/OCT/13
Precious Metals
SILVER GOLD
SILVER GOLD
D A I L YB U Z Z
Gold prices fell 0.24 per cent to Rs 30,460 per 10 gram in futures trade today as participants reduced their positions largely in tandem with a weak trend overseas amid profit booking.
At the Multi Commodity Exchange, Gold for delivery in far-month February next year eased by Rs 73, or 0.24 per cent, to Rs 30,460 per 10 gram in business turnover of 26 lots.
Likewise, the metal for delivery in December shed Rs 63, or 0.20 per cent, to Rs 30,797 per 10 gram in 613 lots.
Analysts said a weakening trend in the overseas markets, before the US Federal Reserve begins a meeting where policy makers may decide on the pace of monetary stimulus, mainly weighed on the gold prices in futures trade here.
Globally, gold fell 0.23 per cent to USD 1,349.80 an ounce in Singapore today.
Base Metals & Energy
COPPER CRUDE OIL
D A I L Y B U Z Z
Lead prices traded marginally higher by 0.37 per cent to Rs 134.80 per kg in futures trade today as
speculators created fresh positions after a rise in demand from battery-maker in the spot market.
At the Multi Commodity Exchange, lead for delivery in October traded higher by 50 paise, or 0.37 per
cent, to Rs 134.80 per kg in business turnover of 3,474 lots.
Likewise, the metal for delivery in November edged up by 35 paise, or 0.26 per cent, to Rs 136.05 per kg in 441 lots.
Market analysts said fresh positions built up by speculators on the back of a rise in demand from battery-maker in the spot market mainly helped lead prices to trade higher in futures trade.
Nickel prices moved up by 0.55 per cent to Rs 895.50 per kg in futures trading today as speculators
enlarged their positions, driven by pick up in demand from alloy-maker in the spot market.
At the Multi Commodity Exchange, nickel for delivery in October rose by Rs 4.90, or 0.55 per cent, to Rs 895.50 per kg in business turnover of 2,815 lots.
Likewise, the metal for delivery in November moved up by Rs 4.30, or 0.48 per cent, to Rs 902.30 per kg in 367 lots.
Market analysts attributed the rise in nickel futures to pick up in demand from alloy-maker in the spot
market.
Agro Outlook
CHANA DHANIYA
D A I L Y B U Z Z
Cardamom prices up by 2.12 per cent to Rs 758 per kg in futures trade today after speculators
built up positions supported by rising demand at spot markets.
Besides, tight stocks position in the spot market following lower arrivals from producing regions
also influenced prices.
At the Multi Commodity Exchange, cardamom for delivery in November rose by Rs 15.80, or
2.12 per cent, to Rs 758 per kg, with a business turnover of 877 lots.
The spice for delivery in December increased by Rs 7.50, or 0.99 per cent, to Rs 762.40 per kg
with a trading volume of 253 lots.
Traders said firm demand in the physical market against restricted arrivals from producing belts
mainly influenced cardamom prices at futures trade.
Wednesday, September 4, 2013
RESEARCH VIA DAILY COMMODITY REPORT FOR 04/09/2013
Precious Metals
SILVER GOLD
D A I L Y B U Z Z
Gold futures prices today fell by 1.19 per cent to Rs 32,598 per 10 grams as speculators offloaded their positions, taking weak cues from the global market.
Besides, subdued spot demand and profit-booking by speculators also put pressure on gold futures.
At the Multi Commodity Exchange, gold prices for delivery in October fell by Rs 390, or 1.19 per cent, to Rs 32,598 per 10 grams in business turnover of 525 lots.
Similarly, metal prices for delivery in the far-month December declined by Rs 370, or 1.12 per cent, to Rs 32,685 per 10 grams in 86 lots.
Silver prices drifted by 0.27 per cent to trade at Rs 55,110 per kg in futures trade today as speculators engaged in reducing exposures.
At the Multi Commodity Exchange, silver for delivery in far-month December traded Rs 150, or 0.27 per cent lower at Rs 55,110 per kg in business turnover of 1,860 lots.
In a similar fashion, the white metal for delivery in September fell by Rs 102, or 0.19 per cent lower, at Rs 53,110 per kg in 1,869 lots.
Base Metals & Energy
COPPER CRUDE OIL
D A I L Y
B U Z Z
Buoyed by a firm global trend and increased domestic demand, copper prices rose 0.35 per cent to Rs 488.65 per kg in futures trade today as speculators enlarged positions.
At the Multi Commodity Exchange, copper for delivery in November traded higher by Rs 1.90, or 0.35 per cent, to Rs 488.65 per kg in business turnover of 2,327 lots.
The metal for delivery in far-month February edged up by Rs 1.60, or 0.32 per cent, to Rs 495.30 per kg in 56 lots.
Crude oil futures prices today dipped 2.93 per cent to Rs 7,034 per barrel, as speculators trimmed positions at prevailing levels amid a weakening trend in Asian trade.
At the Multi Commodity Exchange, crude oil for delivery in September fell by Rs 212, or 2.93 per cent, to Rs 7,034 per barrel in 5,843 lots.
In a likewise manner, oil for delivery in October moved down by Rs 202, or 2.78 per cent, to Rs 7,267 per barrel in 436 lots.
Agro Outlook
CHANA
DHANIYA
D A I L Y
B U Z Z
Turmeric prices fell further by 0.75 per cent to Rs 5,024 per quintal in futures trade today after participants trimmed positions amid higher stocks but export demand limited the fall.
At the National Commodity and Derivatives Exchange, turmeric for delivery in September
declined by Rs 38, or 0.75 per cent, to Rs 5,024 per quintal in an open interest of 15,405 lots.
Similarly, the spice for delivery in October edged lower by Rs 34, or 0.66 per cent, to Rs 5,112 per
quintal in 10,780 lots.
Jeera prices fell by another 0.16 per cent to Rs 13,747.50 per quintal in futures market today as
speculators indulged in reducing exposures amid expectations of higher sowing in producing region.
However, some export demand limited the downside. At the National Commodity and Derivatives Exchange, jeera for delivery in October fell Rs 22.50, or 0.16 per cent to Rs 13,747.50 per quintal with an open interest of 5,394 lots.
DHANIYA
In a similar fashion, the spice for delivery in September lost Rs 20, or 0.15 per cent, to Rs 13,595
per quintal with an open interest of 8,667 lots. It had lost 0.05 per cent in yesterday's session.
Monday, September 2, 2013
RESEARCH VIA DAILY COMMODITY REPORT FOR 03/09/2013
Precious Metals
SILVER GOLD
D A I L Y
B U Z Z
Amid volatility in gold prices, the commodity market regulator Forward Markets Commission (FMC) has raised the initial margin on gold futures to 5 per cent of the value of contract from 4 per cent, on all the exchanges in the country.The increased rate of margin will be effective from September 2.
"... the Exchanges are directed to impose initial margin on gold contracts (all gold contracts) at the rate of 5 per cent of the value of the contract," FMC said in a directive.
In view of the current price volatility, the Commission has also decided to impose additional margin of 5 per cent on all the Gold, Silver, Brent Crude Oil, Crude Oil and Natural Gas contracts traded on the National Exchanges till further orders.
However, gold prices fell by 0.57 per cent, to Rs 33,438 per 10 grams in futures market in early
trade today as speculators indulged in trimming positions.
At the Multi Commodity Exchange, gold for delivery in far-month December declined by Rs 193, or 0.57 per cent, to Rs 33,438 per 10 grams in business turnover of 12 lots. Similarly, the yellow metal for delivery in October lost Rs 174, or 0.52 per cent, to Rs 33,476 per 10 grams in 305 lots.
Base Metals & Energy
COPPER
CRUDE OIL
D A I L Y B U Z Z
Amid a weak trend overseas and profit-booking by speculators after recent gains, copper prices fell by 0.32 per cent to Rs 485.35 per kg in futures trade today.
At the Multi Commodity Exchange, copper for delivery in August month fell by Rs 1.55, or 0.32 per cent, to Rs 485.35 per kg in business turnover of 1,326 lots.
Similarly, the metal for delivery in November traded lower by 85 paise, or 0.17 per cent to Rs 495.75 per kg in 1,424 lots.
Agro Outlook
CHANA
DHANIYA
D A I L Y B U Z Z
Turmeric prices fell further by 0.75 per cent to Rs 5,024 per quintal in futures trade today afterparticipants trimmed positions amid higher stocks but export demand limited the fall.
At the National Commodity and Derivatives Exchange, turmeric for delivery in September declined by Rs 38, or 0.75 per cent, to Rs 5,024 per quintal in an open interest of 15,405 lots.
Similarly, the spice for delivery in October edged lower by Rs 34, or 0.66 per cent, to Rs 5,112 per
quintal in 10,780 lots.
Jeera prices fell by another 0.16 per cent to Rs 13,747.50 per quintal in futures mar ket today as
speculators indulged in reducing exposures amid expectations of higher sowing in producing region.
However, some export demand limited the downside. At the National Commodity and Derivatives Exchange, jeera for delivery in October fell Rs 22.50, or 0.16 per cent to Rs 13,747.50 per quintal with an open interest of 5,394 lots.
In a similar fashion, the spice for delivery in September lost Rs 20, or 0.15 per cent, to Rs 13,595 per quintal with an open interest of 8,667 lots. It had lost 0.05 per cent in yesterday's session.
Wednesday, August 28, 2013
RESEARCH VIA DAILY COMMODITY REPORT FOR 29/08/2013
Precious Metals
S I L V E R GOLD
D A I L Y B U Z Z
Silver futures prices today spurted by 1.57 per cent to Rs 54,630 per kg as speculatorscreated
positions even as metal declined in Asian trade.
At the Multi Commodity Exchange, silver for delivery in September traded higher by Rs 843, or
1.57 per cent, to Rs 54,630 per kg in business turnover of 905 lots.
On the similar lines, the white metal for delivery in far-month December traded Rs 829, or 1.51
per cent, higher at Rs 55,660 per kg in a turnover of 91 lots.
In the international market, silver, however, declined 1 per cent to USD 24.07 an ounce after
climbing to USD 24.41 yesterday, the highest since May.
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Base Metals & Energy
C O P P E R C R U D E O I L
D A I L Y B U Z Z
Crude oil futures prices today rose by 1.21 per cent to Rs 6,951 per barrel as speculators
enlarged positions, tracking a firming trend in the Asian region.
At the Multi Commodity Exchange, crude oil prices for delivery in September traded Rs 83, or
1.21 per cent higher at Rs 6,951 per barrel, with a business turnover of 4,578 lots.
The crude oil prices for October also up by Rs 76, or 1.11 per cent, to Rs 6,944 per barrel, with a business volume of 513 lots.
Market analysts said the rise in crude oil futures attributed to a firming trend in Asia on
concerns over possible US military action against Syria after Washington warned President
Bashar al-Assad's regime it would face action over an alleged chemical weapons attack.
Agro Outlook
CHANA DHANIYA
D A I L Y B U Z Z
Supported by a pick up in industrial demand in the spot market and restricted supplies from
producing regions, mentha oil prices gained 0.85 per cent to Rs 879.50 per kg in futures trade
today.
At the Multi Commodity Exchange, mentha oil for delivery in August moved up by Rs 7.40, or
0.85 per cent to Rs 879.50 per kg in business turnover of 364 lots.
Similarly, the oil for delivery in September gained Rs 5.70, or 0.65 per cent to Rs 895.60 per kg in 358 lots.
Turmeric prices rose by Rs 76 to Rs 5,240 per quintal in futures market today as speculators created enlarged positions, driven by a rise in demand in the spot market against tight supplies from producing region.
At the National Commodity and Derivatives Exchange, turmeric for delivery in October rose by Rs 76, or 1.47 per cent to Rs 5,240 per quintal in an open interest of 8,900 lots.
Similarly, the spice for delivery in September rose by Rs 60, or 1.18 per cent to Rs 5,154 per quintal in 17,060 lots.
Tuesday, August 27, 2013
RESEARCH VIA DAILY COMMODITY REPORT FOR 27/AUG/2013
Precious Metals
S I L V E R GOLD
D A I L Y B U Z Z
Amid a firming trend in the global market, gold prices rose 0.20 per cent to Rs 31,820 per 10
gram in futures trade today as speculators created fresh positions.
Besides, a firming trend at the domestic spot markets on the back of stockists buying ahead of
festive season, also supported the rise in gold futures prices here.
At the Multi Commodity Exchange, metal for delivery in October gained Rs 66, or 0.20 per cent, to trade at Rs 31,820 per 10 gm in a turnover of 655 lots.
On similar lines, the metal for delivery in far-month December gained Rs 65, or 0.21 per cent,
to Rs 31,756 per 10 gram in a business volume of 41 lots.
Silver prices jumped Rs 379, or 0.71 per cent, to Rs 53,850 per kg in futures trading today as speculators created positions largely in tandem with a firming overseas trend.
At the Multi Commodity Exchange, silver for delivery in September traded Rs 379, or 0.71 per cent higher at Rs 53,850 per kg in business turnover of 1,195 lots.
Likewise, the white metal for delivery in December traded higher by Rs 389, or 0.71 per cent, to Rs 54,850 per kg in 105 lots.
Base Metals & Energy
C O P P E R C R U D E O I L
D A I L Y B U Z Z
Nickel prices moved up by 0.98 per cent to Rs 937.60 per kg in futures market today as
speculators enlarged their positions, tracking a firming trend in Asian trade.
Besides, an encouraging trend in the domestic spot markets on the back of strong demand from alloy-makers supported the upside.
At the Multi Commodity Exchange, nickel for delivery in August gained Rs 9.10, or 0.98 per
cent, to Rs 937.60 per kg in business turnover of 639 lots.
Similarly, the metal for delivery in September rose by Rs 9, or 0.96 per cent, to Rs 945.20 per
kg in 97 lots.
Lead futures prices today rose by 0.60 per cent to Rs 143.15 per kg as speculators created
positions amid a firming trend in Asian trade on speculation that the US Federal Reserve may
hold off on curbing stimulus measures in September and rising demand at domestic spot
markets.
At the Multi Commodity Exchange, lead for delivery in August traded 85 paise, or 0.60 per cent, higher at Rs 143.15 per kg, with a turnover of 498 lots.
The metal for delivery in September also rose by 75 paise, or 0.53 per cent, to trade at Rs 143.20 per kg, in a business turnover of 69 lots.
Agro Outlook
CHANA DHANIYA
D A I L Y B U Z Z
Supported by a pick up in industrial demand in the spot market and restricted supplies from
producing regions, mentha oil prices gained 0.85 per cent to Rs 879.50 per kg in futures trade
today.
At the Multi Commodity Exchange, mentha oil for delivery in August moved up by Rs 7.40, or
0.85 per cent to Rs 879.50 per kg in business turnover of 364 lots.
Similarly, the oil for delivery in September gained Rs 5.70, or 0.65 per cent to Rs 895.60 per kg in 358 lots.
Turmeric prices rose by Rs 76 to Rs 5,240 per quintal in futures market today as speculators created enlarged positions, driven by a rise in demand in the spot market against tight supplies from producing region.
At the National Commodity and Derivatives Exchange, turmeric for delivery in October rose by Rs 76, or 1.47 per cent to Rs 5,240 per quintal in an open interest of 8,900 lots.
Similarly, the spice for delivery in September rose by Rs 60, or 1.18 per cent to Rs 5,154 per quintal in 17,060 lots.
S I L V E R GOLD
D A I L Y B U Z Z
Amid a firming trend in the global market, gold prices rose 0.20 per cent to Rs 31,820 per 10
gram in futures trade today as speculators created fresh positions.
Besides, a firming trend at the domestic spot markets on the back of stockists buying ahead of
festive season, also supported the rise in gold futures prices here.
At the Multi Commodity Exchange, metal for delivery in October gained Rs 66, or 0.20 per cent, to trade at Rs 31,820 per 10 gm in a turnover of 655 lots.
On similar lines, the metal for delivery in far-month December gained Rs 65, or 0.21 per cent,
to Rs 31,756 per 10 gram in a business volume of 41 lots.
Silver prices jumped Rs 379, or 0.71 per cent, to Rs 53,850 per kg in futures trading today as speculators created positions largely in tandem with a firming overseas trend.
At the Multi Commodity Exchange, silver for delivery in September traded Rs 379, or 0.71 per cent higher at Rs 53,850 per kg in business turnover of 1,195 lots.
Likewise, the white metal for delivery in December traded higher by Rs 389, or 0.71 per cent, to Rs 54,850 per kg in 105 lots.
Base Metals & Energy
C O P P E R C R U D E O I L
D A I L Y B U Z Z
Nickel prices moved up by 0.98 per cent to Rs 937.60 per kg in futures market today as
speculators enlarged their positions, tracking a firming trend in Asian trade.
Besides, an encouraging trend in the domestic spot markets on the back of strong demand from alloy-makers supported the upside.
At the Multi Commodity Exchange, nickel for delivery in August gained Rs 9.10, or 0.98 per
cent, to Rs 937.60 per kg in business turnover of 639 lots.
Similarly, the metal for delivery in September rose by Rs 9, or 0.96 per cent, to Rs 945.20 per
kg in 97 lots.
Lead futures prices today rose by 0.60 per cent to Rs 143.15 per kg as speculators created
positions amid a firming trend in Asian trade on speculation that the US Federal Reserve may
hold off on curbing stimulus measures in September and rising demand at domestic spot
markets.
At the Multi Commodity Exchange, lead for delivery in August traded 85 paise, or 0.60 per cent, higher at Rs 143.15 per kg, with a turnover of 498 lots.
The metal for delivery in September also rose by 75 paise, or 0.53 per cent, to trade at Rs 143.20 per kg, in a business turnover of 69 lots.
Agro Outlook
CHANA DHANIYA
D A I L Y B U Z Z
Supported by a pick up in industrial demand in the spot market and restricted supplies from
producing regions, mentha oil prices gained 0.85 per cent to Rs 879.50 per kg in futures trade
today.
At the Multi Commodity Exchange, mentha oil for delivery in August moved up by Rs 7.40, or
0.85 per cent to Rs 879.50 per kg in business turnover of 364 lots.
Similarly, the oil for delivery in September gained Rs 5.70, or 0.65 per cent to Rs 895.60 per kg in 358 lots.
Turmeric prices rose by Rs 76 to Rs 5,240 per quintal in futures market today as speculators created enlarged positions, driven by a rise in demand in the spot market against tight supplies from producing region.
At the National Commodity and Derivatives Exchange, turmeric for delivery in October rose by Rs 76, or 1.47 per cent to Rs 5,240 per quintal in an open interest of 8,900 lots.
Similarly, the spice for delivery in September rose by Rs 60, or 1.18 per cent to Rs 5,154 per quintal in 17,060 lots.
Wednesday, August 7, 2013
COMMODITY UPDATE FOR 07/aug/2013
Precious Metals
S I L V E R G O L D D A I L Y B U Z Z
Gold futures prices today rose by 0.31 per cent to Rs 27,821 per 10 grams as speculators
covered-up their short positions even as metal weakened overseas.
Weakening rupee also influenced gold prices at futures trade.
At the Multi Commodity Exchange, metal prices for delivery in December gained Rs 86, or 0.31 per cent, to trade higher at Rs 27,821 per 10 gm in a turnover of 325 lots.
Similarly, the metal prices for delivery in October edged up by Rs 53, or 0.19 per cent, to Rs
27,909 per 10 gm, clocking a business volume of 6,177 lots.
Analysts attributed gains in the precious metal at futures trade to covering-up of short positions
by speculators even as metal showed weakness in the global market.
Besides, weakening rupee dropped to an all-time low of Rs 61.51 against the dollar, which made imports costlier, also influenced gold prices.
Globally, gold fell USD 11.70, or 0.90 per cent, to USD 1,292.10 an ounce in Singapore.
Base Metals & Energy
C O P P E R C R U D E O I L
D A I L Y B U Z Z
Copper prices rose 0.60 per cent to Rs 430.75 per kg in futures trade today as speculators
created fresh positions after increased industrial demand in the spot market.
At the Multi Commodity Exchange, copper for delivery in August rose by Rs 2.55, or 0.60 per
cent to Rs 430.75 per kg in business turnover of 5958 lots.
Similarly, the metal for delivery in November traded higher by Rs 2.10, or 0.48 per cent to Rs
438.30 per kg in 404 lots.
Market analysts said fresh positions created by speculators on the back of increased industrial
demand in the spot market mainly helped copper to trade higher at futures trade.
Agro Outlook
CHANA DHANIYA
D A I L Y B U Z Z
Sugar futures edged lower on Tuesday on surplus supplies, though an improvement in demand
due to festivals and prospects of exports due a weak rupee limited the downside.
At 0900 GMT, the key September contract on the National Commodity and Derivatives
Exchange was down 0.26 per cent at Rs 3,011 ($48.88) per 100 kg.
"In the coming weeks we may see few exports deals happening. The depreciation in the rupee is bringing parity."
The rupee lost as much as 1.5 per cent to 61.80 per dollar on Tuesday, breaking a previous record low of 61.21 on July 8, on sustained worries about the country's record high current account deficit.
.
Spot sugar rose Rs 11 to Rs 3,062 per 100 kg at the Kolhapur market in Maharashtra state.
India is likely to produce 23.7 million tonnes of sugar in the 2013/14 marketing year beginning
October, down 5.2 per cent from a year earlier, but higher than the local demand of around 23
million tonnes.
Gold futures prices today rose by 0.31 per cent to Rs 27,821 per 10 grams as speculators
covered-up their short positions even as metal weakened overseas.
Weakening rupee also influenced gold prices at futures trade.
At the Multi Commodity Exchange, metal prices for delivery in December gained Rs 86, or 0.31 per cent, to trade higher at Rs 27,821 per 10 gm in a turnover of 325 lots.
Similarly, the metal prices for delivery in October edged up by Rs 53, or 0.19 per cent, to Rs
27,909 per 10 gm, clocking a business volume of 6,177 lots.
Analysts attributed gains in the precious metal at futures trade to covering-up of short positions
by speculators even as metal showed weakness in the global market.
Besides, weakening rupee dropped to an all-time low of Rs 61.51 against the dollar, which made imports costlier, also influenced gold prices.
Globally, gold fell USD 11.70, or 0.90 per cent, to USD 1,292.10 an ounce in Singapore.
Base Metals & Energy
C O P P E R C R U D E O I L
D A I L Y B U Z Z
Copper prices rose 0.60 per cent to Rs 430.75 per kg in futures trade today as speculators
created fresh positions after increased industrial demand in the spot market.
At the Multi Commodity Exchange, copper for delivery in August rose by Rs 2.55, or 0.60 per
cent to Rs 430.75 per kg in business turnover of 5958 lots.
Similarly, the metal for delivery in November traded higher by Rs 2.10, or 0.48 per cent to Rs
438.30 per kg in 404 lots.
Market analysts said fresh positions created by speculators on the back of increased industrial
demand in the spot market mainly helped copper to trade higher at futures trade.
Agro Outlook
CHANA DHANIYA
D A I L Y B U Z Z
Sugar futures edged lower on Tuesday on surplus supplies, though an improvement in demand
due to festivals and prospects of exports due a weak rupee limited the downside.
At 0900 GMT, the key September contract on the National Commodity and Derivatives
Exchange was down 0.26 per cent at Rs 3,011 ($48.88) per 100 kg.
"In the coming weeks we may see few exports deals happening. The depreciation in the rupee is bringing parity."
The rupee lost as much as 1.5 per cent to 61.80 per dollar on Tuesday, breaking a previous record low of 61.21 on July 8, on sustained worries about the country's record high current account deficit.
.
Spot sugar rose Rs 11 to Rs 3,062 per 100 kg at the Kolhapur market in Maharashtra state.
India is likely to produce 23.7 million tonnes of sugar in the 2013/14 marketing year beginning
October, down 5.2 per cent from a year earlier, but higher than the local demand of around 23
million tonnes.
Tuesday, July 16, 2013
Commodity Update For 16/july/2013
Precious Metals
D A I L Y B U Z Z
D A I L Y B U Z Z
Silver prices spurted by nearly 1 per cent to Rs 42,590 per kg in futures trade today as participants engaged in creating speculative positions, tracking a firming trend in base metals overseas.
At the Multi Commodity Exchange, silver for delivery in far-month December traded higher by Rs 417, or 0.99 per cent, to Rs 42,590 per kg in business turnover of 33 lots.
On similar lines, the metal for delivery in September traded Rs 290, or 0.94 per cent, higher at Rs 41,870 per kg in a turnover of 1,648 lots.
In the international market, silver climbed 1.2 per cent, to trade at USD 20.17 an ounce in Singapore.
Base Metals & Energy
D A I L Y B U Z Z
Supported by a firming trend in the global markets, copper prices today rose by 0.47 per cent to Rs 427.70 per kg in futures trade as speculators indulged in enlarging positions.
At the Multi Commodity Exchange, copper for delivery in November edged up by Rs 2, or 0.47 per cent, to Rs 427.70 per kg in business turnover of 103 lots.
Likewise, the metal for delivery in August traded higher by Rs 1.85, or 0.44 per cent, to Rs 421.90 per kg in 1,899 lots.
Lead futures prices today gained 0.44 per cent on rising demand at domestic spot markets amid a firming trend in the global markets after China released data showing the economy grew in line with expectations in the April-June quarter.
At the Multi Commodity Exchange, lead for delivery in August traded 55 paise, or 0.44 per cent, higher at Rs 125.30 per kg, with a turnover of 23 lots.
The metal for delivery in July also up by 45 paise, or 0.36 per cent, to trade at Rs 124.2 per kg, in a business turnover of 524 lots.
Nickel prices moved up by 0.34 per cent to Rs 833.70 per kg in the futures market today as speculators
enlarged their positions, tracking a firming trend in spot market on increased demand from alloy makers. At the Multi Commodity Exchange, nickel for delivery in August gained Rs 2.80, or 0.34 per cent, to Rs 833.70 per kg in business turnover of 38 lots.
Agro Outlook
D A I L Y B U Z Z
Cardamom prices fell by 2.16 per cent to Rs 670 per kg in futures trade today as speculators booked profits driven by sluggish demand in the spot market.
Adequate stocks availability in the physical market on increased arrivals from the producing belts also put pressure on the Cardamom prices.
At the Multi Commodity Exchange, cardamom for delivery in July fell by Rs 14.80, or 2.16 per cent, to Rs 670 per kg in business turnover of 88 lots.
Similarly, the spice for delivery in August traded lower by Rs 2, or 0.27 per cent, to Rs 752.20 per kg in 394 lots.
Thursday, May 30, 2013
Commodity Market Update For 30/may/2013
Gold News
Gold rebounded smartly at the domestic market
today on emergence of fresh demand from stockiest and
traders as well as good retail buying.
Silver also gained owing to
renewed industrial demand. Brisk low-level buying, ongoing wedding season off
take and sliding rupee valuations too supported the price trend in
the yellow metal. Rupee today hit nearly 10-month low of 56.17 against the
greenback.
Standard gold of 99.5 per cent
purity rose by Rs 240 to conclude at Rs 26,630 per 10 gm from Tuesday's closing
level of Rs 26,390.
Pure gold of 99.9 per cent
purity shot up by Rs 245 to end at Rs 26,775 per 10 gm from Rs 26,530.
Silver ready (.999 fineness)
firmed up by Rs 230 to conclude at Rs 44,660 per kg as against Rs 44,430
yesterday.
In overseas trade, the yellow
metal traded higher on strong Asian demand despite improving US macroeconomic
data amid stimulus uncertainty in the world's largest economy.
Spot gold rose to USD 1,391 an
ounce in European trade, while spot silver was up at USD 22.38 an ounce.
Base metals News
Led by nickel, select copper, brass and aluminum utensils prices recovered at the
non-ferrous metal market here today on stockiest buying amidst better demand
from industrial users.
Meanwhile, tin declined on subdued demand from alloy industries.
In the global, the London Metal Exchange (LME) market was closed for a holiday.
Nickel shot-up by Rs 10 per kg to Rs 990 from last Saturday's closing level of Rs 980.
Copper sheet cutting and aluminum utensils scrap climbed by Rs 3 per kg each to Rs 459 and Rs 117 from Rs 456 and Rs 114.
Brass sheet cutting moved up by Rs 2 per kg to Rs 333 from Rs 331.
Copper cable scrap, copper armiture, copper wire bar and brass utensils scrap all inched up by a rupee per kg to Rs 482, Rs 463, Rs 510 and Rs 323, respectively.
Meanwhile, tin declined on subdued demand from alloy industries.
In the global, the London Metal Exchange (LME) market was closed for a holiday.
Nickel shot-up by Rs 10 per kg to Rs 990 from last Saturday's closing level of Rs 980.
Copper sheet cutting and aluminum utensils scrap climbed by Rs 3 per kg each to Rs 459 and Rs 117 from Rs 456 and Rs 114.
Brass sheet cutting moved up by Rs 2 per kg to Rs 333 from Rs 331.
Copper cable scrap, copper armiture, copper wire bar and brass utensils scrap all inched up by a rupee per kg to Rs 482, Rs 463, Rs 510 and Rs 323, respectively.
Tuesday, May 15, 2012
MCX Silver Tips, NCDEX, Copper Updates, Gold Tips Today 15 May 2012
MCX Bullions Tips, Gold and Silver Updates:
Gold along with silver may trade with weak bias due to euro zone crises and rising dollar index. MCX Gold can trade in range of Rs. 27,900-28,300 and MCX silver can trade in range of Rs. 52,500-53,800 in near term.
MCX Base Metals Tips, Copper Updates:
Base metals counter can trade in red tracking weak international markets. MCX Copper may trade in range of Rs. 420-430 while Lead may trade in range of Rs. 109.50-111 and zinc in range of Rs. 102.70-104.50 in near term.
MCX Energy Tips, Crude oil Updates:
Crude oil can further dip lower tracking weak international markets. Crude can trade in range of Rs. 5,050-5,150. Oil fell from the lowest settlement in almost five months in New York.
Gold along with silver may trade with weak bias due to euro zone crises and rising dollar index. MCX Gold can trade in range of Rs. 27,900-28,300 and MCX silver can trade in range of Rs. 52,500-53,800 in near term.
MCX Base Metals Tips, Copper Updates:
Base metals counter can trade in red tracking weak international markets. MCX Copper may trade in range of Rs. 420-430 while Lead may trade in range of Rs. 109.50-111 and zinc in range of Rs. 102.70-104.50 in near term.
MCX Energy Tips, Crude oil Updates:
Crude oil can further dip lower tracking weak international markets. Crude can trade in range of Rs. 5,050-5,150. Oil fell from the lowest settlement in almost five months in New York.
Commodity Tips on Mobile CLICK HERE MCX Updates
Monday, February 27, 2012
NCDEX ~ Agri commodity market updates
Pepper futures to trade higher for the day. Pepper futures (Mar) seems to be surpassing 36,500 levels amid good domestic demand and tight supply scenario. Outlook for Jeera is up for the day. Jeera futures may trade with a bearish bias & remain below 14,000 levels. Turmeric futures may continue to consolidate above 4,700 levels. Cardamom futures surpassing 1,000 levels may trade higher as the exporters are buying keeping in mind that arrival of the next crop will be in July. Outlook for Chana is up for the day. Guar Complex is expected to trade higher for the day. Outlook for Soybean is seen up for the day.
Monday, February 6, 2012
NCDEX Agri Commodity Market Updates, Live NCDEX Tips
Turmeric futures may trade range bound, facing resistance near 4,700 levels. Jeera futures may remain below 14,870 levels. Pepper futures may trade in weak zone. Pepper prices are likely to trade lower on higher arrivals in the spot market. Cardamom ended higher on strong export demand at the current price levels. Outlook for Soybean is seen up for the day. Guar Complex is expected to trade higher for the day. Outlook for Chana is up for the day. Outlook for Jeera is down for the day. Pepper futures to trade lower for the day.
Tuesday, October 11, 2011
MCX & NCDEX Commodity Market News Today
MCX Commodity Market Updates:-
Precious metals are trading higher on COMEX today. Base metals are trading lower on International bourses today. Crude oil is trading lower on NYMEX today. Today MCX Gold and MCX Crude Oil is trading at higher prices. MCX Silver and other Base Metals MCX Copper, Zinc, Lead are trading at lower prices.
• NYMEX crude trades near $85/bbl Tuesday after 2.9% gain yesterday.
• NYMEX gas trades higher Tuesday after 1.7% gain yesterday.
• LME Copper trades lower in early trades today after rallying yesterday.
NCDEX Agri Commodity Market Updates:-
Outlook for Soybean is seen sideways to up for the day. Pepper futures to trade higher for the day. CPO is expected to trade sideways to higher for the day. Guar Complex is expected to trade sideways to up for the day. Outlook for Chana is up for the day. Outlook for Jeera is sideways to down for the day.
Precious metals are trading higher on COMEX today. Base metals are trading lower on International bourses today. Crude oil is trading lower on NYMEX today. Today MCX Gold and MCX Crude Oil is trading at higher prices. MCX Silver and other Base Metals MCX Copper, Zinc, Lead are trading at lower prices.
• NYMEX crude trades near $85/bbl Tuesday after 2.9% gain yesterday.
• NYMEX gas trades higher Tuesday after 1.7% gain yesterday.
• LME Copper trades lower in early trades today after rallying yesterday.
NCDEX Agri Commodity Market Updates:-
Outlook for Soybean is seen sideways to up for the day. Pepper futures to trade higher for the day. CPO is expected to trade sideways to higher for the day. Guar Complex is expected to trade sideways to up for the day. Outlook for Chana is up for the day. Outlook for Jeera is sideways to down for the day.
Free mcx gold prices, mcx silver prices, mcx gold and silver tips, ncdex tips, crude updates, mcx updates, mcx copper tips, NCDEX Agri commodity market updates, NCDEX Tips, chana news, pepper updates, guar seed news
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