Mcx Commodity Market News : Evening Session - 14.102016
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Mentha oil futures up on surge in demand
14/10/2016 15:03
Mentha oil futures were trading higher during the afternoon trade in the domestic market on Friday as participants build up fresh positions in the agri-commodity amid pick up in physical demand for mentha oil from major consuming industries in the domestic spot market.
At the MCX, mentha oil futures for October 2016 contract were trading at Rs 899.30 per kg, up by 1.85 per cent after opening at Rs 884.30, against the previous closing price of Rs 883. It touched the intra-day high of Rs 903 (at 15:08 hours).
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Crude oil up as US output dips
14/10/2016 14:25
Crude oil futures were trading higher in the domestic market on Friday in the wake of a U.S. government report that revealed the first weekly rise in crude supplies since the end of August, but also a drop in output for the lower 48 states to the lowest level in over two years.
At the MCX, crude oil futures for October 2016 contract was trading at Rs 3404 per barrel, up by 1.16 per cent, after opening at Rs 3386, against a previous close of Rs 3365. It touched the intra-day high of Rs 3415. (At 02:25 PM).
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Lead advances driven by spot demand
14/10/2016 13:18
Lead futures rose during the afternoon trade in the domestic market on Friday amid a firming trend at the spot market on rising demand from battery makers.
Furthermore, a firming trend in base metals overseas supported the upside in metal prices. According to market analysts, rising demand from battery makers at spot markets and strength in base metals at the London Metal Exchange helped lead futures trade higher.
At the MCX, lead futures for October 2016 contract was trading at Rs 133.55 per kg, up by 0.38 per cent, after opening at Rs 133.40, against a previous close of Rs 133.05. It touched the intra-day high of Rs 134.15 (at 13:18 hrs).
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Silver bulls rule the roost
14/10/2016 13:03
Silver futures jumped during noon trade in the domestic market on Friday as investors as participants engaged in trimming their positions taking weak cues from global market.
Marketmen attributed the fall in silver prices at futures trade to a weak trend in the precious metals overseas and profit-booking by participants at existing levels.
At the MCX, silver futures for December 2016 contract was trading at Rs 41,930 per kg, up by 0.10 per cent, after opening at Rs 41,856, against a previous close of Rs 41,890. It touched the intra-day high of Rs 41,965 (At 13:03 hrs).
Free Mcx Commodity Trend Update ( Call - 9094047040)
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Keep Refresh for Fresh Tips
Mentha oil futures up on surge in demand
14/10/2016 15:03
Mentha oil futures were trading higher during the afternoon trade in the domestic market on Friday as participants build up fresh positions in the agri-commodity amid pick up in physical demand for mentha oil from major consuming industries in the domestic spot market.
At the MCX, mentha oil futures for October 2016 contract were trading at Rs 899.30 per kg, up by 1.85 per cent after opening at Rs 884.30, against the previous closing price of Rs 883. It touched the intra-day high of Rs 903 (at 15:08 hours).
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Join Our Whatsapp No : 9841986753
Crude oil up as US output dips
14/10/2016 14:25
Crude oil futures were trading higher in the domestic market on Friday in the wake of a U.S. government report that revealed the first weekly rise in crude supplies since the end of August, but also a drop in output for the lower 48 states to the lowest level in over two years.
At the MCX, crude oil futures for October 2016 contract was trading at Rs 3404 per barrel, up by 1.16 per cent, after opening at Rs 3386, against a previous close of Rs 3365. It touched the intra-day high of Rs 3415. (At 02:25 PM).
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Lead advances driven by spot demand
14/10/2016 13:18
Lead futures rose during the afternoon trade in the domestic market on Friday amid a firming trend at the spot market on rising demand from battery makers.
Furthermore, a firming trend in base metals overseas supported the upside in metal prices. According to market analysts, rising demand from battery makers at spot markets and strength in base metals at the London Metal Exchange helped lead futures trade higher.
At the MCX, lead futures for October 2016 contract was trading at Rs 133.55 per kg, up by 0.38 per cent, after opening at Rs 133.40, against a previous close of Rs 133.05. It touched the intra-day high of Rs 134.15 (at 13:18 hrs).
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Join Our Whatsapp No : 9841986753
Silver bulls rule the roost
14/10/2016 13:03
Silver futures jumped during noon trade in the domestic market on Friday as investors as participants engaged in trimming their positions taking weak cues from global market.
Marketmen attributed the fall in silver prices at futures trade to a weak trend in the precious metals overseas and profit-booking by participants at existing levels.
At the MCX, silver futures for December 2016 contract was trading at Rs 41,930 per kg, up by 0.10 per cent, after opening at Rs 41,856, against a previous close of Rs 41,890. It touched the intra-day high of Rs 41,965 (At 13:03 hrs).
