Mcx Commodity Market News : Morning Session
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Nickel futures gain on upsurge in demand
10/11/2016 10:41
Nickel futures were trading higher during the morning trade in the domestic market on Thursday as investors and speculators indulged in building up their positions in the industrial metal amid an upsurge in physical demand for nickel from major consuming industries at the domestic spot market. Further, nickel prices were up led by offloading of positions by traders in the industrial metal amid uptick in physical demand from alloy-makers at the domestic spot markets. At the MCX, nickel futures for November 2016 contract is trading at Rs 777 per kg, up by 0.73 per cent, after opening at Rs 774.80, against a previous close of Rs 771.40. It touched the intra-day high of Rs 778.40 (at 10:41 hours).
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Mentha oil futures slide 0.88% on subdued demand
10/11/2016 10:37
Mentha oil futures were trading lower during the morning trade in the domestic market on Thursday as participants trimmed their positions in the agri-commodity amid fall in physical demand for mentha oil from major consuming industries in the domestic spot market. Further, cut down of positions by traders in the spot market was due to decline in demand for mentha oil from consuming industries at the domestic spot market against sufficient stocks position on higher supplies from producing regions, influenced mentha oil prices at futures trade. At the MCX, mentha oil futures for November 2016 contract were trading at Rs 928 per kg, down by 0.88 per cent after opening at Rs 934.30, against the previous closing price of Rs 936.20. It touched the intra-day low of Rs 917 (at 10:37 hours).
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Uptick in demand lifts cardamom futures by 0.64%
10/11/2016 10:34
Cardamom futures were trading higher during the morning trade in the domestic market on Thursday as investors and speculators build up fresh positions in the agri-commodity amid uptick in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on restricted physical arrivals from the major cardamom producing regions, too supported the uptrend in the domestic cardamom prices. At the MCX, cardamom futures for November 2016 contract is trading at Rs 117.05 per kg, up by 0.64 per cent, after opening at Rs 116.85, against a previous close of Rs 116.30. It touched the intra-day high of Rs 117.05 (at 10:33 hours).
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10/11/2016 10:41
Nickel futures were trading higher during the morning trade in the domestic market on Thursday as investors and speculators indulged in building up their positions in the industrial metal amid an upsurge in physical demand for nickel from major consuming industries at the domestic spot market. Further, nickel prices were up led by offloading of positions by traders in the industrial metal amid uptick in physical demand from alloy-makers at the domestic spot markets. At the MCX, nickel futures for November 2016 contract is trading at Rs 777 per kg, up by 0.73 per cent, after opening at Rs 774.80, against a previous close of Rs 771.40. It touched the intra-day high of Rs 778.40 (at 10:41 hours).
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Mentha oil futures slide 0.88% on subdued demand
10/11/2016 10:37
Mentha oil futures were trading lower during the morning trade in the domestic market on Thursday as participants trimmed their positions in the agri-commodity amid fall in physical demand for mentha oil from major consuming industries in the domestic spot market. Further, cut down of positions by traders in the spot market was due to decline in demand for mentha oil from consuming industries at the domestic spot market against sufficient stocks position on higher supplies from producing regions, influenced mentha oil prices at futures trade. At the MCX, mentha oil futures for November 2016 contract were trading at Rs 928 per kg, down by 0.88 per cent after opening at Rs 934.30, against the previous closing price of Rs 936.20. It touched the intra-day low of Rs 917 (at 10:37 hours).
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Join Our Whatsapp No : 9841986753
Uptick in demand lifts cardamom futures by 0.64%
10/11/2016 10:34
Cardamom futures were trading higher during the morning trade in the domestic market on Thursday as investors and speculators build up fresh positions in the agri-commodity amid uptick in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on restricted physical arrivals from the major cardamom producing regions, too supported the uptrend in the domestic cardamom prices. At the MCX, cardamom futures for November 2016 contract is trading at Rs 117.05 per kg, up by 0.64 per cent, after opening at Rs 116.85, against a previous close of Rs 116.30. It touched the intra-day high of Rs 117.05 (at 10:33 hours).
