Showing posts with label chana prices. Show all posts
Showing posts with label chana prices. Show all posts
Wednesday, September 30, 2015

Chana Ends lower on lack of Buying Interest

http://www.researchvia.com/ultra-commodity/
Chana prices closed lower by 0.81 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the steady sowing progress of pulses along with high supplies in major producing states. At the NCDEX, chana futures for Oct 2015 contract closed at Rs. 4,780 per quintal, down by 0.81 per cent, after opening at Rs. 4,751 against the previous closing price of Rs. 4,819. It touched the intra-day low of Rs. 4,746.

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. 
 
Read More - mcx commodity tips
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Monday, March 3, 2014

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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.
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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. 

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Wednesday, November 27, 2013

Commodity Precious Metals Tips & Ncdex Agro Outlook Update For 27 Nov 2013

SILVER   GOLD
                                                               D A I L Y B U Z Z
Silver prices rose by 0.98 per cent to Rs 44,936 per kg in futures trade today largely in tune with a recovery trend in precious metals overseas amid covering up of pending short positions by speculators.

At the Multi Commodity Exchange, silver for delivery in December traded higher by Rs 436, or 0.98 per cent, to Rs 44,936 per kg in business turnover of 987 lots.

Similarly, the white metal for delivery in far-mmonth March next year contracts traded Rs 431, or 0.94 per cent, higher at Rs 46,350 per kg in a turnover of 77 lots.

In the international market, silver rebounded to USD 20.11 an ounce in Singapore from yesterday's $19.59, the lowest since August 8.

Market analysts said besides short covering by speculators, a recovery in both the precious metals in the global market as the dollar weakened and lower prices spurred demand in China, the second-largest consumer, influenced silver prices in futures trade here.

COPPER CRUDE OIL
                                                                D A I L Y B U Z Z
Soybean futures January contract fell 2.83% to Rs 3823.5 per 100 kg, while December contract fel1 2.23% to Rs 3838 per 100 kg on Monday noon trade. Erractic domestic supplies, late rains in Madhya Pradesh, Maharashtra and Rajasthan have affected the yeilds and quality of soybeans causing short supply of quality beans and consequent bullish momentum to prices.

India soybean futures rose to near Rs 4000 per 100 kg last week on declining supplies in the spot market and healthy demand but has opened the week on a corrective note having fallen close to three percent in early trades on profit booking.

Soybean futures January contract fell 2.83% to Rs 3823.5 per 100 kg, while December contract fel1 2.23% to Rs 3838 per 100 kg on Monday noon trade. Erractic domestic supplies, late rains in Madhya Pradesh, Maharashtra and Rajasthan have affected the yeilds and quality of soybeans causing short supply of quality beans and consequent bullish momentum to prices.
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Wednesday, November 20, 2013

RESEARCH VIA DAILY COMMODITY REPORT FOR 20 NOV 13

Precious Metals
GOLD     SILVER 
                                                     D A I L Y B U Z Z
The trend in gold futures for December delivery on India's Multi Commodity Exchange (MCX) looks sideways to bearish for the day and intra-day traders are advised to sell on rise. MCX gold futures was seen trading with a gain of 0.13 at Rs.30090 per 10 grams as of 16.08 IST on Tuesday.

Gold prices continued their weakness in the global market and were seen trading almost steady amid weak physical demand, strengthening equity markets. Meanwhile, India gold futures remained almost steady tracking weak global cues and on appreciation of Indian Rupee against US Dollar.

Comex gold futures for December delivery was seen trading with a gain of $1 at $1273.3 per troy ounce as of 16.07 IST while the futures on India's Multi Commodity Exchange (MCX) was seen trading with a gain of 0.13 at Rs.30090 per 10 grams as of 16.08 IST on Tuesday.

Base Metals & Energy
COPPER      CRUDE OIL
                                                  D A I L Y B U Z Z
              Copper prices rose by 0.08 per cent on Tuesday at the domestic markets after German economic sentiment improved more-than-expected in November, rising to the highest level since October 2009 raising the demand outlook for the industrial metal. ZEW Centre for Economic Research said that its index of German economic sentiment rose by 1.8 points to hit 54.6 in November from October’s reading of 52.8. At the MCX, copper futures for November 2013 contract were trading at Rs. 433.40 per 1 kg, up by 0.08 per cent, after opening at Rs. 432.40 against the previous closing price of Rs. 433.05. It touched the intra-day high of Rs. 433.80 till the trading. (At 4.20 PM today). Sentiment improved further due to the decline in the copper stockpiles at the London Metal Exchange (LME) on account of the strong demand for the commodity. LME copper stocks fell by 1300 metric tonnes to 447650 metric tonnes as on November 19, 2013.

            Crude oil prices rose by 0.14 per cent on Tuesday at the domestic markets as a probable decline in US crude oil stockpiles last week may signal a pickup in fuel demand in the world’s biggest crude oil consuming nation. US crude oil stockpiles may have declined 1 million barrels last week, according to
analysts’ estimates ahead of Energy Department data. At the MCX, crude oil futures for November 2013 contract were trading at Rs. 5,781 per barrel, up by 0.14 per cent, after opening at Rs. 5,773 against the previous closing price of Rs. 5,773. It touched the intra-day high of Rs. 5,794 till the trading. (At 4.45 PM today). Sentiment improved further after ZEW Centre for Economic Research said that its index of German economic sentiment rose by 1.8 points to hit 54.6 in November from October’s reading of 52.8 in turn raising the demand outlook for the fuel.

Agro Outlook
                                              D A I L Y B U Z Z
India soybean futures dropped on Wednesday as a result of profit booking despite weak Indian
currency and concerns over crop damage in key soybean growing areas due to excess rain fall
activities.

Soybean futures for December delivery on India's National Commodity and Derivatives Exchange (NCDEX) was seen trading with a loss of 1.13% at Rs.3920 per 100 kgs as of 13.14 IST on Wednesday.
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Friday, November 15, 2013

MCX COMMODITY REPORT FOR EVENING FOR 15 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
Crude oil prices in the global market remained weak on Thursday due to concerns over higher than
expected crude oil inventories and fears that US Central Bank may roll back its monetary stimulus later
this year on improving conditions of the United States. However, the statement from Yellen may have
limited further weakness in the commodity prices. Janet Yellen, nominee to lead the US Fed, said on
Wednesday that economy and labour market are still weak and Fed continue to support the economy

through its monetary stimulus program.

WTI crude oil for December delivery on NYMEX was seen trading with a loss of 15 cents at $93.73 per barrel as of 17.02 IST on Thursday.

Agro Outlook
CHANA     DHANIYA
                                                       D A I L Y B U Z Z
India soybean futures dropped on Wednesday as a result of profit booking despite weak Indian
currency and concerns over crop damage in key soybean growing areas due to excess rain fall
activities.

Soybean futures for December delivery on India's National Commodity and Derivatives Exchange (NCDEX) was seen trading with a loss of 1.13% at Rs.3920 per 100 kgs as of 13.14 IST on Wednesday.

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Thursday, October 17, 2013

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Tuesday, October 15, 2013

COMMODITY UPDATE FOR 15/10/2013

Precious Metals
SILVER GOLD
                                                        D A I L Y B U Z Z
Gold futures prices recovered by 0.11 per cent to Rs 28,395 per 10 gram on Monday as speculators enlarged their positions in tune with a better trend overseas.
At the Multi Commodity Exchange, gold for delivery in December up by Rs 30, or 0.11 per cent, to Rs 28,395 per 10 gram, with a business turnover of 345 lots.
In a similar fashion, the metal for delivery in the far-month February next year contracts gained Rs 26, or 0.09 per cent, to Rs 28,150 per 10 gram, with a trade volume of 7 lots.
Silver prices fell 0.31 per cent to trade at Rs 46,745 per kg in futures trade today as speculators reduced positions amid a weakening trend in the global markets.
Besides, a weak trend in the precious metals at the domestic bullion market also weighed on silver futures. At the Multi Commodity Exchange, Silver for delivery in December lost Rs 146, or 0.31 per cent, to Rs 46,745 per kg in business turnover of 457 lots.
In a similar fashion, the white metal for delivery in far-month march, next year contracts traded Rs 95, or 0.20 per cent lower, at Rs 48,049 per kg in ten lots.

Base Metals & Energy
COPPER CRUDE OIL
                                                           D A I L Y B U Z Z
Nickel prices moved down by 0.34 per cent to Rs 856.90 per kg in futures trade today as speculators reduced their position, driven by weak demand from alloy-makers in the spot
market.
Besides, a lower global trend further gloomed the sentiment.
At the Multi Commodity Exchange, nickel for delivery in November declined by Rs 2.90, or 0.34 per cent, to Rs 856.90 per kg in business turnover of 10 lots.
Similarly, the metal for delivery in October shed Rs 2.40, or 0.28 per cent, to Rs 848.50 per kg in 284 lots.
Aluminium futures prices fell by 0.40 per cent to Rs 112.85 per kg today as speculators trimmed positions amid a weak trend in metal at the London Metal Exchange.
At the Multi Commodity Exchange, aluminium for delivery in October lost 45 paise, or 0.40 per cent, to Rs 112.85 per kg, with a business turnover of 104 lots.
The metal for delivery in November also shed 30 paise, or 0.26 per cent, to trade at Rs 114.50 per kg in a turnover of 4 lots.

Agro Outlook
CHANA  DHANIYA
                                                         D A I L Y B U Z Z
Supported by strong demand in the spot market and restricted arrivals from producing regions, cardamom prices rose further by Rs 2.40 to Rs 751 per kg in futures trade today.
At the Multi Commodity Exchange, cardamom for delivery in November added Rs 2.40, or 0.32 per cent, to Rs 751 per kg in business turnover of 388 lots.
Similarly, the spice for delivery in October edged up 60 paise, or 0.08 per cent, to Rs 706.50 per kg in 546 lots.
Mentha oil prices moved up by 0.18 per cent to Rs 870.80 per kg in futures trade today as speculators created fresh positions amid rising demand from consuming industries in the spot market.
Besides, tight supplies in the physical market following less arrivals from Chandausi in Uttar Pradesh also supported the uptrend.
At the Multi Commodity Exchange, mentha oil for delivery in October month rose by 1.60, or 0.18 per cent, to Rs 870.80 per kg in business turnover of 206 lots.
Likewise, the oil for delivery in November edged up by Rs 1.30, or 0.15 per cent, to Rs 884.50 per kg in 6 lots.


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Tuesday, September 17, 2013

RESEARCH VIA DAILY COMMODITY REPORT FOR 17/09/2013

Precious Metals
SILVER  GOLD
                                  DAILY BUZZ
Gold futures prices today fell by 1.52 per cent to Rs 29,669 per 10 grams as speculators 
offloaded their positions, taking weak cues from the global market amid rising rupee.

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 459, or 1.52 per cent, to Rs 29,669 per 10 grams in business turnover of 2,853 lots. 

Similarly, metal prices for delivery in far-month December declined by Rs 430, or 1.44 per cent, to Rs 29,526 per 10 grams in 291 lots. 

Analysts said the fall in gold futures was mostly attributed to a weak trend in the Asian region and a rising rupee, which made dollar-quoted precious metal cheaper.

Globally, gold prices fell $ 4.20, or 0.32 per cent to trade at $ 1,323.70 an ounce in Singapore.

Base Metals & Energy
COPPER CRUDE OIL
                                   DAILY BUZZ
Nickel prices surged by 0.32 per cent to Rs 885 per kg in futures trade today as speculators enlarged their positions on the back of strong demand from alloy -makers in the spot market amid a firming global trend.

At the Multi Commodity Exchange, nickel for delivery in October month up by Rs 2.80, or 0.32
per cent, to Rs 885 per kg in business turnover of 166 lots.

In a similar fashion, the metal for delivery in September edged higher by Rs 2.60, or 0.30 per
cent, to Rs 876.10 per kg in 1,887 lots.

Lead prices rose by 0.37 per cent to Rs 135.80 per kg in futures market today as speculators
built-up positions, driven by pick-up in demand from battery makers in the spot market amid a
firm global trend.

At the Multi Commodity Exchange, lead for delivery in October rose by 50 paise, or 0.37 per
cent, to Rs 135.80 per kg in business turnover of 83 lots.

Likewise, the metal for delivery in September traded higher by 35 paise, or 0.26 per cent, to Rs
134.70 per kg in 1,889 lots.

Market analysts attributed the rise in lead prices at futures trade to rising demand from battery -
makers in the spot market and a firming trend in the global market.


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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.



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.
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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.
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Tuesday, February 14, 2012

NCDEX Agri Commodity Updates Today, NCDEX Live Tips 14 Feb 2012

Turmeric futures may trade higher, holding previous gains. Pepper futures to trade lower for the day. Pepper futures (March) breaking 29,500 levels may trade further downside. Outlook for Jeera is down for the day. Jeera futures may trade sideways & manage to maintain support above 14,400 levels. Cardamom futures may trade with a positive bias. Outlook for Chana is up for the day. Chana futures (March) may remain below 3400 levels owing to profit booking from higher levels. Outlook for Soybean is seen down for the day. Soybean futures may trade sideways with a bearish bias. The counter is expected to remain below 2,560 levels. Guar Complex is expected to trade lower for the day.

Cardamom prices:
Resistances: 793/810/835
Supports: 775/750/730/710

Pepper prices:
Resistances: 30000/30600/30900
Supports: 29000/28800/28500
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Thursday, February 9, 2012

NCDEX Agri Commodity Updates Today, NCDEX Live Tips

Cardamom futures may continue to post gains and trade higher supported by its bullish fundamentals. Cardamom contracts ended higher for the fourth consecutive trading session on strong export demand. Turmeric futures may trade sideways. Turmeric futures traded mixed by taking cues from the price movement in the spot market. Pepper futures may remain in bearish zone. Most pepper futures erased early gains and ended down due to probable rise in fresh crop arrivals in the upcoming days. Jeera futures may continue to hold above 14,000 levels. Soybean futures may trade with a positive bias & hold the upside tracking firmness in international prices.
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Wednesday, September 21, 2011

NCDEX Agri Commodity market Pepper, Guar Seed, Chana News Today

In Agri Commodity Market we see the news of NCDEX agri commodity market like Pepper, Guar Seed, Chana. Pepper futures are trading on higher levels for profit booking today. Pepper futures prices are supported by good exports and domestic demands in North India. Guar Seed futures are trading mixed on NCDEX. Guar Seed futures prices are also supported by exports demands on lower levels. Chana futures are trading on higher levels for profit booking today. Chana prices are high due to the demand in the market in festival seasons.

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Thursday, September 8, 2011

NCDEX Agri Commodity Market Updates | NCDEX Tips

Guar Seed futures are trading marginally higher as the heavy rainfall activities are reportedly affecting the growth of the sown crop. The rates had fallen a lot in last few sessions and that has supported the prices with short covering at lower levels.

The contract of Guar Seed for September delivery was trading at Rs 4,401.00, up by 0.07% or Rs 3.00 from its previous closing of Rs 4,398.00. The open interest of the contract stood at 116310 lots. The contract of Guar Seed for October delivery was trading at Rs 4,392.00, up by 0.05% or Rs 2.00 from its previous closing of Rs 4,390.00. The open interest of the contract stood at 113530 lots on NCDEX.

Chana futures have extended their somber run on Thursday as the present high levels have been affecting the demand adversely; the spot prices too have been trading lower impacting the mood. Traders however, expect the short term trend to remain volatile but are optimistic on reports of lower global production for Pulses which may keep trend firm for the Indian markets.

The contract of channa for September delivery was trading at Rs 3292.00, down by 0.12% or Rs 4.00 from its previous closing of Rs 3296.00. The open interest of the contract stood at 220890 lots. The contract of channa for October delivery was trading at Rs 3388.00, flat at its previous closing. The open interest of the contract stood at 257610 lots on NCDEX.

NCDEX Tips, agri commodity tips, commodity control, agri commodity prices, pepper news, cardamon in hindi, mcadamom prices, chana prices, channa, guar seed rate, guar guar, guargum
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