Mcx Commodity Market News : Morning Session
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Mentha oil futures rise 0.23% as demand picks up
04/11/2016 10:46
Mentha oil futures were trading higher during the morning trade in the domestic market on Friday as participants started building up fresh positions in the agri-commodity amid uptick in physical demand for mentha oil from major consuming industries in the domestic spot market. Further, extending of positions by traders in the spot market was led by rise in demand for mentha oil from consuming industries at the domestic spot market against insufficient stocks position on restricted supplies from producing regions, supported mentha oil prices at futures trade. At the MCX, mentha oil futures for November 2016 contract were trading at Rs 933.20 per kg, up by 0.23 per cent after opening at Rs 932, against the previous closing price of Rs 931.10. It touched the intra-day high of Rs 935.40 (at 10:46 hours).
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Cardamom futures flat on muted demand
04/11/2016 10:41
Cardamom futures were flat during the morning trade in the domestic market on Friday as investors and speculators remained on the sidelines in the agri-commodity amid muted physical demand for cardamom in the domestic spot market. Further, sufficient supplies on higher physical arrivals from the major cardamom producing regions, too influenced the downtrend in the domestic cardamom prices. At the MCX, cardamom futures for November 2016 contract is trading at Rs 1278.30 per kg, down by 0.01 per cent, after opening at Rs 1284, against a previous close of Rs 1278.40. It touched the intra-day low of Rs 1265 (at 10:42 hours).
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Nickel futures flat on spot demand
04/11/2016 10:51
Nickel futures were flat during the morning trade in the domestic market on Friday as investors and speculators started building up fresh positions in the industrial metal amid an increase in physical demand for nickel from major consuming industries at the domestic spot market. Nickel prices rise on account of widening of positions by traders in the industrial metal amid an uptick in physical demand from alloy-makers at domestic spot markets. At the MCX, nickel futures for November 2016 contract is trading at Rs 700.20 per kg, up by 0.01 per cent, after opening at Rs 700, against a previous close of Rs 700.10. It touched the intra-day high of Rs 700.80 (at 10:51 hours).
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Mentha oil futures rise 0.23% as demand picks up
04/11/2016 10:46
Mentha oil futures were trading higher during the morning trade in the domestic market on Friday as participants started building up fresh positions in the agri-commodity amid uptick in physical demand for mentha oil from major consuming industries in the domestic spot market. Further, extending of positions by traders in the spot market was led by rise in demand for mentha oil from consuming industries at the domestic spot market against insufficient stocks position on restricted supplies from producing regions, supported mentha oil prices at futures trade. At the MCX, mentha oil futures for November 2016 contract were trading at Rs 933.20 per kg, up by 0.23 per cent after opening at Rs 932, against the previous closing price of Rs 931.10. It touched the intra-day high of Rs 935.40 (at 10:46 hours).
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Cardamom futures flat on muted demand
04/11/2016 10:41
Cardamom futures were flat during the morning trade in the domestic market on Friday as investors and speculators remained on the sidelines in the agri-commodity amid muted physical demand for cardamom in the domestic spot market. Further, sufficient supplies on higher physical arrivals from the major cardamom producing regions, too influenced the downtrend in the domestic cardamom prices. At the MCX, cardamom futures for November 2016 contract is trading at Rs 1278.30 per kg, down by 0.01 per cent, after opening at Rs 1284, against a previous close of Rs 1278.40. It touched the intra-day low of Rs 1265 (at 10:42 hours).
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Join Our Whatsapp No : 9841986753
Nickel futures flat on spot demand
04/11/2016 10:51
Nickel futures were flat during the morning trade in the domestic market on Friday as investors and speculators started building up fresh positions in the industrial metal amid an increase in physical demand for nickel from major consuming industries at the domestic spot market. Nickel prices rise on account of widening of positions by traders in the industrial metal amid an uptick in physical demand from alloy-makers at domestic spot markets. At the MCX, nickel futures for November 2016 contract is trading at Rs 700.20 per kg, up by 0.01 per cent, after opening at Rs 700, against a previous close of Rs 700.10. It touched the intra-day high of Rs 700.80 (at 10:51 hours).