Currently, Domestic commodities markets are trading with positive note. All the indices are showing upward trend on Multi Commodity Exchange (MCX). At MCX futures, MCXCOMDEX is trading at 3,529.29 (up by 0.94%), MCXMETAL is trading at 4,483.28 (up by 0.64%), MCXENERGY is trading at 3,241.51 (up by 1.64%), and MCXAGRI is trading at 2,902.75 (up by 0.35%). (At 02:55 PM today).
At NCDEX, the Dhaanya, an agri commodity index, is currently trading at 1,130.72, down by 0.04% (At 02:53 AM today).
On the domestic market, Potato futures declined in the domestic market today due to weaker demand in the spot market. March contract declined by Rs. 15.0, or 2.13%, to Rs. 693.30 per 100 kgs on Multi Commodity Exchange (MCX) due to increased arrivals from the producing regions in the spot market. Moreover, sluggish demand in the spot market also kept the prices in the negative zone today.
At Multi commodity Exchange (MCX), potato future for March contract is trading at Rs. 694.40 per 100 kgs, down by 1.98%, after opening at Rs. 708.00 against the previous close price of Rs. 708.40. It touched the intra-day low of Rs. 693.30 till the trading. (At 02:52 PM today).
The top gainers at MCX are Crude oil for March contract (2.02%), Crude oil for April contract (1.97%), Crude oil for August contract (1.80%), Crude oil for May contract (1.80%) and Crude oil for June contract (1.50%). (At 02:46 PM today).
The top losers at MCX are Potato for May contract (-3.68%), Heating oil for May contract (-3.13%), Potato for April contract (-3.00%), Potato TRWR for May contract (-2.99%) and Iron ore for April contract (-2.84%). (At 02:45 PM today).
The top gainers at NCDEX are Light sweet crude oil for March contract (2.00%), Refined soya oil for May contract (1.2%), Refined soya oil for June contract (1.2%), Turmeric for April contract (1.2%) and Copper cathode for April contract (1.00%). (At 02:42 PM today).
The top losers at NCDEX are Potato for April contract (-4.00%), Potato for May contract (-3.3%), Potato for July contract (-4.00%), Potato for August contract (-4.00%) and Potato for September contract (-4.00%). (At 02:41 PM today).
As a result of restricted arrivals from major producing region, refined soya oil futures surged in the domestic market today. March future rose as much as 0.83% to Rs. 637.55 per 10 kg on the Multi Commodity Exchange (MCX) due to supply concern, and pick-up in spot demand due to marriage season.
At Multi Commodity Exchange (MCX), refined soya oil for March contract is trading at Rs. 636.65 per 10 kg, up by 0.69%, after opening at Rs. 634.10 against the previous close price of Rs. 632.30. It touched the intra-day high of 637.55 till the trading. (At 02:38 PM today).
Copper for April contract, at MCX, is trading at Rs. 453.10 per kg (up by 0.96%) after opening at Rs. 449.80 against the previous close price of Rs. 448.80 with intra-day high of Rs. 453.15 till the trading. (At 02:37 PM today).
At Multi Commodity Exchange (MCX), nickel future for March contract is trading at Rs. 1,311.00 per kg, up by 0.99%, after opening at Rs. 1,301.00 against the previous close price of Rs. 1,298.50 per kg. It touched the intra-day high of Rs. 1,312.00 till the trading. (At 02:35 PM today).
Crude oil futures prices advanced today, after falling 1.17% in previous session, in the domestic market due to tracking firm global cues. March future surged by Rs. 105, or 2.31%, to Rs. 4,650.00 per barrel on the Multi Commodity Exchange (MCX) as speculators started to take fresh long position in hoping that political tensions may spread to Iran and Oman, boosting concern of oil supply disruption.
Crude oil for April contract climbed as much as 1.09% to $103.03 per barrel in the New York today as turmoil in Libya renewed after opposition leaders in Libya rejected a mediation offer by Venezuelan President Hugo Chavez and prepared to push toward Qaddafi’s stronghold. On Thursday, crude oil dropped 32 cents to $101.91.4 per ounce after Libya received mediation Offer from Venezuela in order to resolve the political tensions in the country.
Moreover, signs of U.S. economic recovery also boosted the demand outlook for oil in the country, as the Department of Labor showed yesterday that U.S. initial jobless claims fell substantial by 23,000 to 368,000 in the week ended February 26, 2011 as compared to previous figure of 391,000.
At Multi Commodity Exchange (MCX), crude oil future for March contract is trading at Rs. 4,635.00 per barrel, up by 1.98%, after opening at Rs. 4,543.00 against the previous close price of Rs. 4,545.00. It touched the intra-day high of Rs. 4,650.00 till the trading. (At 02:33 PM today).
Crude oil for April future, at NYMEX, is trading at $102.77 per barrel, up by 86 cents, after opening at $101.70 against the previous close price of $101.91. It touched the intra-day high of $103.03 with a business volume of 15,477 lots till the electronic trading. (At 02:30 PM today).
Gold futures are trading with positive note, after falling 1.38% in the previous session, in the domestic market today as unrest in the Middle East boosted the demand for precious metal as a protection of wealth. Opposition leaders in Libya rejected a mediation offer by Venezuelan President Hugo Chavez and prepared to push toward Qaddafi’s stronghold, boosting concern of spreading political tensions in other part of Middle East.
At Multi Commodity Exchange (MCX), gold future for April contract is trading at Rs. 20,892.00 per 10 grams, up by 0.16%, after opening at Rs. 20,875.00 against the previous close price of Rs. 20,858.00. It touched the intra-day high of Rs. 20,918.00 till the trading. (At 02:29 PM today).
At COMEX, gold future for April contract is trading at $1,418.3 per ounce, up by $1.9, after opening at $1,415.7 against the previous close price of $1,416.4 per ounce. It touched the intra-day high of 1,420.3 with a business volume of 17,015 lots till the electronic trading. (At 02:27 PM today).
At Multi Commodity Exchange (MCX), silver future for March contract is trading at Rs. 50,600.00 per kg, up by 0.68%, after opening at Rs. 50,477.00 against the previous close price of Rs. 50,258.00 per kg. It touched the intra-day high of Rs. 50,600.00 till the trading. (At 02:26 PM today).
On the international front, European Central Bank (ECB) President Trichet said yesterday that the ECB may increase interest rate in April in order to control rising inflation pressures in the country. While, Federal Reserve Bank’s Chairman Ben has indicated the he will maintain the previous measures to finish $600 billion of Treasury purchase through June.
At NCDEX, the Dhaanya, an agri commodity index, is currently trading at 1,130.72, down by 0.04% (At 02:53 AM today).
On the domestic market, Potato futures declined in the domestic market today due to weaker demand in the spot market. March contract declined by Rs. 15.0, or 2.13%, to Rs. 693.30 per 100 kgs on Multi Commodity Exchange (MCX) due to increased arrivals from the producing regions in the spot market. Moreover, sluggish demand in the spot market also kept the prices in the negative zone today.
At Multi commodity Exchange (MCX), potato future for March contract is trading at Rs. 694.40 per 100 kgs, down by 1.98%, after opening at Rs. 708.00 against the previous close price of Rs. 708.40. It touched the intra-day low of Rs. 693.30 till the trading. (At 02:52 PM today).
The top gainers at MCX are Crude oil for March contract (2.02%), Crude oil for April contract (1.97%), Crude oil for August contract (1.80%), Crude oil for May contract (1.80%) and Crude oil for June contract (1.50%). (At 02:46 PM today).
The top losers at MCX are Potato for May contract (-3.68%), Heating oil for May contract (-3.13%), Potato for April contract (-3.00%), Potato TRWR for May contract (-2.99%) and Iron ore for April contract (-2.84%). (At 02:45 PM today).
The top gainers at NCDEX are Light sweet crude oil for March contract (2.00%), Refined soya oil for May contract (1.2%), Refined soya oil for June contract (1.2%), Turmeric for April contract (1.2%) and Copper cathode for April contract (1.00%). (At 02:42 PM today).
The top losers at NCDEX are Potato for April contract (-4.00%), Potato for May contract (-3.3%), Potato for July contract (-4.00%), Potato for August contract (-4.00%) and Potato for September contract (-4.00%). (At 02:41 PM today).
As a result of restricted arrivals from major producing region, refined soya oil futures surged in the domestic market today. March future rose as much as 0.83% to Rs. 637.55 per 10 kg on the Multi Commodity Exchange (MCX) due to supply concern, and pick-up in spot demand due to marriage season.
At Multi Commodity Exchange (MCX), refined soya oil for March contract is trading at Rs. 636.65 per 10 kg, up by 0.69%, after opening at Rs. 634.10 against the previous close price of Rs. 632.30. It touched the intra-day high of 637.55 till the trading. (At 02:38 PM today).
Copper for April contract, at MCX, is trading at Rs. 453.10 per kg (up by 0.96%) after opening at Rs. 449.80 against the previous close price of Rs. 448.80 with intra-day high of Rs. 453.15 till the trading. (At 02:37 PM today).
At Multi Commodity Exchange (MCX), nickel future for March contract is trading at Rs. 1,311.00 per kg, up by 0.99%, after opening at Rs. 1,301.00 against the previous close price of Rs. 1,298.50 per kg. It touched the intra-day high of Rs. 1,312.00 till the trading. (At 02:35 PM today).
Crude oil futures prices advanced today, after falling 1.17% in previous session, in the domestic market due to tracking firm global cues. March future surged by Rs. 105, or 2.31%, to Rs. 4,650.00 per barrel on the Multi Commodity Exchange (MCX) as speculators started to take fresh long position in hoping that political tensions may spread to Iran and Oman, boosting concern of oil supply disruption.
Crude oil for April contract climbed as much as 1.09% to $103.03 per barrel in the New York today as turmoil in Libya renewed after opposition leaders in Libya rejected a mediation offer by Venezuelan President Hugo Chavez and prepared to push toward Qaddafi’s stronghold. On Thursday, crude oil dropped 32 cents to $101.91.4 per ounce after Libya received mediation Offer from Venezuela in order to resolve the political tensions in the country.
Moreover, signs of U.S. economic recovery also boosted the demand outlook for oil in the country, as the Department of Labor showed yesterday that U.S. initial jobless claims fell substantial by 23,000 to 368,000 in the week ended February 26, 2011 as compared to previous figure of 391,000.
At Multi Commodity Exchange (MCX), crude oil future for March contract is trading at Rs. 4,635.00 per barrel, up by 1.98%, after opening at Rs. 4,543.00 against the previous close price of Rs. 4,545.00. It touched the intra-day high of Rs. 4,650.00 till the trading. (At 02:33 PM today).
Crude oil for April future, at NYMEX, is trading at $102.77 per barrel, up by 86 cents, after opening at $101.70 against the previous close price of $101.91. It touched the intra-day high of $103.03 with a business volume of 15,477 lots till the electronic trading. (At 02:30 PM today).
Gold futures are trading with positive note, after falling 1.38% in the previous session, in the domestic market today as unrest in the Middle East boosted the demand for precious metal as a protection of wealth. Opposition leaders in Libya rejected a mediation offer by Venezuelan President Hugo Chavez and prepared to push toward Qaddafi’s stronghold, boosting concern of spreading political tensions in other part of Middle East.
At Multi Commodity Exchange (MCX), gold future for April contract is trading at Rs. 20,892.00 per 10 grams, up by 0.16%, after opening at Rs. 20,875.00 against the previous close price of Rs. 20,858.00. It touched the intra-day high of Rs. 20,918.00 till the trading. (At 02:29 PM today).
At COMEX, gold future for April contract is trading at $1,418.3 per ounce, up by $1.9, after opening at $1,415.7 against the previous close price of $1,416.4 per ounce. It touched the intra-day high of 1,420.3 with a business volume of 17,015 lots till the electronic trading. (At 02:27 PM today).
At Multi Commodity Exchange (MCX), silver future for March contract is trading at Rs. 50,600.00 per kg, up by 0.68%, after opening at Rs. 50,477.00 against the previous close price of Rs. 50,258.00 per kg. It touched the intra-day high of Rs. 50,600.00 till the trading. (At 02:26 PM today).
On the international front, European Central Bank (ECB) President Trichet said yesterday that the ECB may increase interest rate in April in order to control rising inflation pressures in the country. While, Federal Reserve Bank’s Chairman Ben has indicated the he will maintain the previous measures to finish $600 billion of Treasury purchase through June.
No comments:
Post a Comment