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Upbeat physical demand buoys Mentha Oil
26/10/2016 14:38
Mentha Oil futures rose during noon trade in the domestic market on Wednesday as investors and speculators booked fresh positions in the agri-commodity amid a pickup in physical demand for mentha oil in the domestic spot market.
Further, restricted supplies amid lower physical arrivals from the major mentha oil producing regions also exerted upward pressure on domestic mentha oil prices.
At the MCX, mentha oil futures for October 2016 contract were trading at Rs 899.2 per kg, up by 0.66 per cent after opening at Rs 894.1, against the previous closing price of Rs 893.30. It touched the intra-day high of Rs 901 (at 14:36 PM).
Cardamom little changed on soft physical demand
26/10/2016 14:37
Cardamom futures were trading flat, with a positive bias during noon trade in the domestic market on Wednesday as investors and speculators stayed cautious over booking fresh positions in the agri-commodity amid soft physical demand for cardamom from the domestic spot market.
However, restricted supplies amid lower physical arrivals from the major cardamom producing regions also exerted downward pressure on domestic cardamom prices.
At the MCX, cardamom futures for November 2016 contract is trading at Rs 1227 per kg, up by 0.05 per cent, after opening at Rs 1208.2, against a previous close of Rs 1226.40. It touched the intra-day high of Rs 1238.9 (at 14:28 PM).
Aluminium futures flat on muted demand
26/10/2016 13:48
Aluminium futures were trading flat during the afternoon trade in the domestic market on Wednesday as investors and speculators remained on the sidelines in the industrial metal amidst muted physical demand for aluminium in the domestic spot market.
Further, subdued demand for aluminium at the domestic spot market was due to trimming of positions by speculators in the spot markets, influenced aluminium prices at futures trade.
At the MCX, aluminium futures for October 2016 contract is trading flat at Rs 111.30 per kg after opening at Rs 111.40, against a previous close of Rs 111.30. It touched the intra-day low of Rs 111.05 (at 13:46 hours).
White metal shines on firm global cues
26/10/2016 13:40
Silver futures were trading higher during the afternoon trade in the domestic market on Wednesday as participants widened their bets in the precious metal tracking firm cues overseas.
Further, analysts attributed the rise in silver prices at futures trade to a firm trend in the precious metal globally and building up of fresh positions by speculators at the domestic markets ahead of the festive season.
At the MCX, silver futures for December 2016 contract is trading at Rs 42500 per kg, up by 0.20 per cent, after opening at Rs 42452, against a previous close of Rs 42415. It touched the intra-day high of Rs 42569 (at 13:33 hours).
Free Mcx Commodity Trend Update ( Call - 9094047040)
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Keep Refresh for Fresh Tips
Upbeat physical demand buoys Mentha Oil
26/10/2016 14:38
Mentha Oil futures rose during noon trade in the domestic market on Wednesday as investors and speculators booked fresh positions in the agri-commodity amid a pickup in physical demand for mentha oil in the domestic spot market.
Further, restricted supplies amid lower physical arrivals from the major mentha oil producing regions also exerted upward pressure on domestic mentha oil prices.
At the MCX, mentha oil futures for October 2016 contract were trading at Rs 899.2 per kg, up by 0.66 per cent after opening at Rs 894.1, against the previous closing price of Rs 893.30. It touched the intra-day high of Rs 901 (at 14:36 PM).
Cardamom little changed on soft physical demand
26/10/2016 14:37
Cardamom futures were trading flat, with a positive bias during noon trade in the domestic market on Wednesday as investors and speculators stayed cautious over booking fresh positions in the agri-commodity amid soft physical demand for cardamom from the domestic spot market.
However, restricted supplies amid lower physical arrivals from the major cardamom producing regions also exerted downward pressure on domestic cardamom prices.
At the MCX, cardamom futures for November 2016 contract is trading at Rs 1227 per kg, up by 0.05 per cent, after opening at Rs 1208.2, against a previous close of Rs 1226.40. It touched the intra-day high of Rs 1238.9 (at 14:28 PM).
Aluminium futures flat on muted demand
26/10/2016 13:48
Aluminium futures were trading flat during the afternoon trade in the domestic market on Wednesday as investors and speculators remained on the sidelines in the industrial metal amidst muted physical demand for aluminium in the domestic spot market.
Further, subdued demand for aluminium at the domestic spot market was due to trimming of positions by speculators in the spot markets, influenced aluminium prices at futures trade.
At the MCX, aluminium futures for October 2016 contract is trading flat at Rs 111.30 per kg after opening at Rs 111.40, against a previous close of Rs 111.30. It touched the intra-day low of Rs 111.05 (at 13:46 hours).
White metal shines on firm global cues
26/10/2016 13:40
Silver futures were trading higher during the afternoon trade in the domestic market on Wednesday as participants widened their bets in the precious metal tracking firm cues overseas.
Further, analysts attributed the rise in silver prices at futures trade to a firm trend in the precious metal globally and building up of fresh positions by speculators at the domestic markets ahead of the festive season.
At the MCX, silver futures for December 2016 contract is trading at Rs 42500 per kg, up by 0.20 per cent, after opening at Rs 42452, against a previous close of Rs 42415. It touched the intra-day high of Rs 42569 (at 13:33 hours).
