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Uptick in demand lifts mentha oil futures by 0.71%
08/11/2016 10:56
Mentha oil futures were trading higher during the morning trade in the domestic market on Tuesday as participants build up fresh positions in the agri-commodity amid rise in physical demand for mentha oil from major consuming industries in the domestic spot market.
Further, widening of positions by traders in the spot market was led by uptick 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 965.50 per kg, up by 0.71 per cent after opening at Rs 960.10, against the previous closing price of Rs 958.70. It touched the intra-day high of Rs 968.30 (at 10:54 hours).
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Nickel futures climb on rising demand
08/11/2016 10:50
Nickel futures were trading higher during the morning trade in the domestic market on Tuesday as investors and speculators indulged in 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 753.50 per kg, up by 0.78 per cent, after opening at Rs 752.80, against a previous close of Rs 747.70. It touched the intra-day high of Rs 754.60 (at 10:55 hours).
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Cardamom futures zoom as demand picks up
08/11/2016 10:49
Cardamom futures were trading higher during the morning trade in the domestic market on Tuesday 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 1348 per kg, up by 1.25 per cent, after opening at Rs 1354, against a previous close of Rs 1331. It touched the intra-day high of Rs 1360.10 (at 10:50 hours).
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08/11/2016 10:56
Mentha oil futures were trading higher during the morning trade in the domestic market on Tuesday as participants build up fresh positions in the agri-commodity amid rise in physical demand for mentha oil from major consuming industries in the domestic spot market.
Further, widening of positions by traders in the spot market was led by uptick 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 965.50 per kg, up by 0.71 per cent after opening at Rs 960.10, against the previous closing price of Rs 958.70. It touched the intra-day high of Rs 968.30 (at 10:54 hours).
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Join Our Whatsapp No : 9841986753
08/11/2016 10:50
Nickel futures were trading higher during the morning trade in the domestic market on Tuesday as investors and speculators indulged in 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 753.50 per kg, up by 0.78 per cent, after opening at Rs 752.80, against a previous close of Rs 747.70. It touched the intra-day high of Rs 754.60 (at 10:55 hours).
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Join Our Whatsapp No : 9841986753
08/11/2016 10:49
Cardamom futures were trading higher during the morning trade in the domestic market on Tuesday 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 1348 per kg, up by 1.25 per cent, after opening at Rs 1354, against a previous close of Rs 1331. It touched the intra-day high of Rs 1360.10 (at 10:50 hours).
