Tuesday, 20 February 2018

COMMODITY MARKET NEWS IN MENTHA OIL

Mentha oil futures were trading lower during the morning trade in the domestic market on Tuesday as investors and speculators cut down their positions in the agri-commodity amid muted physical demand for mentha oil from major consuming industries in the domestic spot market.
Further, exiting of bets by traders in the spot market was due to a fall in physical demand for mentha oil from consuming industries at the domestic spot market against sufficient stocks position on higher supplies from producing regions. At the MCX, mentha oil futures for February 2018 contract was trading at Rs 1276.80 per kg, down by 2.93 per cent, after opening at Rs 1281.20, against the previous closing price of Rs 1315.40. It touched the intra-day low of Rs 1276.
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Monday, 19 February 2018

GOLD MARKET NEWS UPDATE BY MARKETMAGNIFY

Gold futures were down today as speculators cut bets even as the metal strengthened overseas. Market analysts said the fall in gold futures was mostly attributed to offloading of positions by participants despite a firm trend in global markets.
At the MCX, gold futures for April 2018 contract is trading at Rs 30740 per 10 grams, up by 0.25 per cent, after opening at Rs 30763, against a previous close of Rs 30816. It touched the intra-day low of Rs 30725 .
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Friday, 16 February 2018

CARDAMOM FUTURES NEWS UPDATE BY MARKETMAGNIFY

Cardamom futures were trading higher during the morning trade in the domestic market on Friday as investors and speculators extended their positions in the agri-commodity amid rise in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on higher physical arrivals from the major cardamom producing regions, supported the upward trend in the domestic cardamom prices.
At the MCX, cardamom futures for March 2018 contract was trading at Rs 1155 per kg, up by 0.37 per cent, after opening at Rs 1157, against a previous close of Rs 1150.70. It touched the intra-day high of Rs 1157.
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Thursday, 15 February 2018

ZINC NEWS UPDATE 15 FEB.

Zinc futures were trading higher during the afternoon trade in the domestic market on Thursday as speculators created fresh positions on pick-up in demand from consuming industries at the spot markets. Market analysts attributed the rise in zinc futures to fresh bets created by participants on the back of rising demand at the domestic spot market.
At the MCX, zinc futures for February 2018 contract was trading at Rs 230.15 per kg, up by 0.26 per cent, after opening at Rs 229, against a previous close of Rs 229.55. It touched the intra-day high of Rs 230.75 .
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Wednesday, 14 February 2018

Commodity Market Live Call 14th-Feb

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