Showing posts with label Mcx Commodity News for NICKEL. Show all posts
Showing posts with label Mcx Commodity News for NICKEL. Show all posts

Mcx Commodity News for Nickel, Menthaoil, Cardamom : Morning Session - 10.11.2016

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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).

Mcx Commodity News for Nickel, Menthaoil, Cardamom : Morning Session - 9.11.2016

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Muted demand bites nickel futures
09/11/2016 10:36
Nickel futures were trading lower during the morning trade in the domestic market on Wednesday as investors and speculators indulged in trimming their positions in the industrial metal amid a slide in physical demand for nickel from major consuming industries at the domestic spot market. Further, nickel prices fall due to offloading of positions by traders in the industrial metal amid downtick in physical demand from alloy-makers at the domestic spot markets. At the MCX, nickel futures for November 2016 contract is trading at Rs 742.50 per kg, down by 0.35 per cent, after opening at Rs 738, against a previous close of Rs 745.10. It touched the intra-day low of Rs 735 (at 10:33 hours).

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Mentha oil futures drop 3.80% on diminishing demand
09/11/2016 10:28
Mentha oil futures were trading lower during the morning trade in the domestic market on Wednesday 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 937.20 per kg, down by 3.80 per cent after opening at Rs 969.10, against the previous closing price of Rs 974.20. It touched the intra-day low of Rs 936 (at 10:27 hours).
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Sluggish demand drags down cardamom futures by 1.12%
09/11/2016 10:23
Cardamom futures were trading lower during the morning trade in the domestic market on Wednesday as investors and speculators remained on the sidelines in the agri-commodity amid downtick in 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 1,340 per kg, down by 1.12 per cent, after opening at Rs 1340.20, against a previous close of Rs 1355.20. It touched the intra-day low of Rs 1340 (at 10:21 hours).

Mcx Commodity News for Nickel, Menthaoil, Cardamom : Morning Session - 8.11.2016

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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).

Mcx Commodity News for Nickel, Menthaoil, Cardamom : Morning Session - 7.11.2016

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Nickel futures climb 3.64% on rising demand
07/11/2016 10:26
Nickel futures were trading higher during the morning trade in the domestic market on Monday 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 723.40 per kg, up by 3.64 per cent, after opening at Rs 702.40, against a previous close of Rs 698. It touched the intra-day high of Rs 724.90 (at 10:26 hours).

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Mentha oil futures down 0.58% on slide in demand
07/11/2016 10:22
Mentha oil futures were trading lower during the morning trade in the domestic market on Monday as participants remained on the sidelines in the agri-commodity amid fall in physical demand for mentha oil from major consuming industries in the domestic spot market. Further, trimming of positions by traders in the spot market was due to slide 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 961 per kg, down by 0.58 per cent after opening at Rs 960.20, against the previous closing price of Rs 966.60. It touched the intra-day low of Rs 955.10 (at 10:20 hours).

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Cardamom futures zoom 3% as demand picks up
07/11/2016 10:13
Cardamom futures were trading higher during the morning trade in the domestic market on Monday 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 1318.50 per kg, up by 3 per cent, after opening at Rs 1299, against a previous close of Rs 1280.10. It touched the intra-day high of Rs 1318.50 (at 10:10 hours).

Mcx Commodity News for Nickel, Menthaoil, Cardamom : Morning Session - 4.11.2016

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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).

Mcx Commodity News for Nickel, Menthaoil, Cardamom : Morning Session - 3.11.2016

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Uptick in demand lifts nickel futures by 0.59%
03/11/2016 10:49
Nickel futures were trading higher during the morning trade in the domestic market on Thursday as investors and speculators widened their positions in the industrial metal amid uptick in physical demand for nickel from major consuming industries at the domestic spot market. Nickel prices rise on account of building up of fresh positions by traders in the industrial metal amid an increase in physical demand from alloy-makers at domestic spot markets. At the MCX, nickel futures for November 2016 contract is trading at Rs 695 per kg, up by 0.59 per cent, after opening at Rs 694.70, against a previous close of Rs 690.90. It touched the intra-day high of Rs 695.20 (at 10:47 hours).

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Mentha oil futures flat on subdued demand
03/11/2016 10:42
Mentha oil futures were flat during the morning trade in the domestic market on Thursday as participants remained on the sidelines in the agri-commodity amid subdued physical demand for mentha oil from major consuming industries in the domestic spot market. Further, trimming of positions by traders in the spot market due to slide 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 944.40 per kg, down by 0.01 per cent after opening at Rs 944.90, against the previous closing price of Rs 944.50. It touched the intra-day low of Rs 941.50 (at 10:43 hours).

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Muted demand drags down cardamom futures by 0.87%
03/11/2016 10:39
Cardamom futures were trading lower during the morning trade in the domestic market on Thursday 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 1295 per kg, down by 0.87 per cent, after opening at Rs 1309.90, against a previous close of Rs 1306.30. It touched the intra-day low of Rs 1290 (at 10:38 hours).

Mcx Commodity News for Nickel, Menthaoil, Cardamom : Morning Session - 2.11.2016

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Sluggish demand drags down nickel futures by 0.42%
02/11/2016 10:37
Nickel futures were trading lower during the morning trade in the domestic market on Wednesday as investors and speculators exited their positions in the industrial metal amid sluggish physical demand for nickel from major consuming industries at the domestic spot market.
The prices of nickel slide due to trimming of positions by participants in the industrial metal amid fall in physical demand from alloy-makers at domestic spot markets. At the MCX, nickel futures for November 2016 contract is trading at Rs 694.30 per kg, down by 0.42 per cent, after opening at Rs 696, against a previous close of Rs 697.20. It touched the intra-day low of Rs 693 (at 10:36 hours).

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Mentha oil futures slide 0.40% on diminishing demand
02/11/2016 10:32
Mentha oil futures were trading lower during the morning trade in the domestic market on Wednesday as participants remained on the sidelines in the agri-commodity amid subdued physical demand for mentha oil from major consuming industries in the domestic spot market.
Further, trimming of positions by traders in the spot market due to slide 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 948 per kg, down by 0.40 per cent after opening at Rs 956, against the previous closing price of Rs 951.80. It touched the intra-day low of Rs 945.50 (at 10:31 hours).

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Uptick in demand lifts cardamom futures by 1.46%
02/11/2016 10:27
Cardamom futures were trading higher during the morning trade in the domestic market on Wednesday 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 1275 per kg, up by 1.46 per cent, after opening at Rs 1256.40, against a previous close of Rs 1256.60. It touched the intra-day high of Rs 1275 (at 10:27 hours).

Mcx Commodity News for Nickel, Menthaoil, Cardamom : Morning Session - 1.11.2016

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Spot demand lifts nickel futures by 1.02%
01/11/2016 10:48
Nickel futures were trading higher during the morning trade in the domestic market on Tuesday as investors and speculators extended their positions in the industrial metal amid rising physical demand for nickel from major consuming industries at the domestic spot market. The prices of nickel surged led by widening of positions by participants in the industrial metal on account of increase in physical demand from alloy-makers at domestic spot markets. At the MCX, nickel futures for November 2016 contract is trading at Rs 703.40 per kg, up by 1.02 per cent, after opening at Rs 700.20, against a previous close of Rs 696.30. It touched the intra-day high of Rs 703.50 (at 10:47 hours).

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Mentha oil futures little changed on subdued demand
01/11/2016 10:42
Mentha oil futures were little changed during the morning trade in the domestic market on Tuesday as participants remained on the sidelines in the agri-commodity amid subdued physical demand for mentha oil from major consuming industries in the domestic spot market. Further, trimming of positions by traders in the spot market due to slide 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 916 per kg, down by 0.04 per cent after opening at Rs 916.50, against the previous closing price of Rs 916.40. It touched the intra-day low of Rs 915.60 (at 10:41 hours).

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Cardamom futures slide 1.04% on diminishing demand
01/11/2016 10:38
Cardamom futures were trading lower during the morning trade in the domestic market on Tuesday as investors and speculators remained on the sidelines in the agri-commodity amid decrease in 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 1277.1 per kg, down by 1.04 per cent, after opening at Rs 1287, against a previous close of Rs 1290.50. It touched the intra-day low of Rs 1277.10 (at 10:37 hours).

Mcx Commodity News for Nickel, Menthaoil, Cardamom : Morning Session - 28.10.2016

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Nickel futures up 0.35% on rising demand
28/10/2016 10:30
Nickel futures were trading higher during the morning trade in the domestic market on Friday as investors and speculators extended their positions in the industrial metal amid rising physical demand for nickel from major consuming industries at the domestic spot market. The prices of nickel surge due to widening of positions by participants in the industrial metal on account of subdued physical demand from alloy-makers at domestic spot markets. At the MCX, nickel futures for October 2016 contract is trading at Rs 692.30 per kg, up by 0.35 per cent, after opening at Rs 693.40, against a previous close of Rs 689.90. It touched the intra-day high of Rs 693.40 (at 10:25 hours).

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Mentha oil futures surge as demand picks up
28/10/2016 10:26
Mentha oil futures were trading higher during the morning 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. Further, building up of fresh positions by traders in the spot market led by an increase 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 October 2016 contract were trading at Rs 903 per kg, up by 0.33 per cent after opening at Rs 900.80, against the previous closing price of Rs 900. It touched the intra-day high of Rs 903 (at 10:25 hours).

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Uptick in demand lifts cardamom futures by 0.25%
28/10/2016 10:22
Cardamom futures were trading higher during the morning trade in the domestic market on Friday as investors and speculators build up fresh positions in the agri-commodity amid increase 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 1263.50 per kg, up by 0.25 per cent, after opening at Rs 1265, against a previous close of Rs 1260.40. It touched the intra-day high of Rs 1271.60 (at 10:21 hours).

Mcx Commodity News for Nickel, Menthaoil, Cardamom : Morning Session - 27.10.2016

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Muted spot demand drags down nickel futures by 0.66%
27/10/2016 10:44
Nickel futures were trading lower during the morning trade in the domestic market on Thursday as investors and speculators trimmed their positions in the industrial metal amid muted physical demand for nickel from major consuming industries in the domestic spot market. The prices of nickel fall due to exiting of positions by participants in the industrial metal on account of subdued physical demand from alloy-makers at domestic spot markets. At the MCX, nickel futures for October 2016 contract is trading at Rs 676.70 per kg, down by 0.66 per cent, after opening at Rs 681, against a previous close of Rs 681.20. It touched the intra-day low of Rs 676.10 (at 10:42 hours).

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Mentha oil futures surge on pick up in demand
27/10/2016 10:38
Mentha oil futures were trading higher during the morning trade in the domestic market on Thursday 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. Further, building up of fresh positions by traders in the spot market led by an increase 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 October 2016 contract were trading at Rs 904.50 per kg, up by 0.23 per cent after opening at Rs 904.90, against the previous closing price of Rs 902.40. It touched the intra-day high of Rs 905 (at 10:38 hours).

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Uptick in demand lifts cardamom futures by 1.24%
27/10/2016 10:33
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 increase 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 1239 per kg, up by 1.24 per cent, after opening at Rs 1248, against a previous close of Rs 1223.80. It touched the intra-day high of Rs 1249 (at 10:32 hours).

Mcx Commodity News for Nickel, Menthaoil, Cardamom : Morning Session - 25.10.2016

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Govt to impose anti-dumping duty on certain steel products
25/10/2016 10:31
The Indian Government has said that it may impose anti-dumping duty on imports of certain flat steel products from China and European Union to protect the interest of domestic players from cheap in-bound shipments.
In its preliminary findings, the directorate general of antidumping and allied duties (DGAD) has recommended the duty on imports of colour coated / pre-painted flat products of alloy or non-alloy steel.
As per reports, Essar Steel India and JSW Steel Coated Products had jointly filed the application for initiation of anti- dumping investigations. DGAD has suggested the duty be the difference between the landed value of steel products and USD 849 per tonne.
As per reports, these steel products offer resistance to corrosion with barrier protection. It is used in many applications and sectors including construction, roofing, walling, paneling, cladding and decking, automotive, white goods, appliances and furniture.

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Upsurge in demand lifts cardamom futures by 1.23%
25/10/2016 10:37
Cardamom futures were trading higher during the morning trade in the domestic market on Tuesday as investors and speculators widened their positions in the agri-commodity amid surge 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 1241.50 per kg, up by 1.23 per cent, after opening at Rs 1249, against a previous close of Rs 1226.40. It touched the intra-day high of Rs 1253 (at 10:36 hours).

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Mentha oil futures gain as demand picks up
25/10/2016 10:43
Mentha oil futures were trading higher during the morning trade in the domestic market on Tuesday as participants extended their positions in the agri-commodity amid uptick in physical demand for mentha oil from major consuming industries in the domestic spot market.
Further, building up of frash positions by traders in the spot market led by an increase 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 October 2016 contract were trading at Rs 894.50 per kg, up by 0.36 per cent after opening at Rs 893.30, against the previous closing price of Rs 891.30. It touched the intra-day high of Rs 896.70 (at 10:41 hours).

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Nickel futures zoom 0.81% on uptick in demand
25/10/2016 10:49
Nickel futures were trading higher during the morning trade in the domestic market on Tuesday as investors and speculators build up fresh bets in the industrial metal amid an increase in physical demand for nickel from major consuming industries in the domestic spot market.
The prices of nickel rise due to raising of positions by participants in the industrial metal on account of upsurge in spot demand from alloy-makers at domestic spot markets. At the MCX, nickel futures for October 2016 contract is trading at Rs 683.10 per kg, up by 0.81 per cent, after opening at Rs 680.40, against a previous close of Rs 677.60. It touched the intra-day high of Rs 684 (at 10:41 hours).

Mcx Commodity News for Nickel, Menthaoil, Cardamom : Morning Session - 24.10.2016

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Nickel futures gain 0.65% on upsurge in demand
24/10/2016 10:20
Nickel futures were trading higher during the morning trade in the domestic market on Monday as investors and speculators widened their bets in the industrial metal amid an increase in physical demand for nickel from major consuming industries in the domestic spot market.
The prices of nickel rise due to build up of fresh positions by participants in the industrial metal on account of upsurge in spot demand in the domestic spot market. At the MCX, nickel futures for October 2016 contract is trading at Rs 670.90 per kg, up by 0.65 per cent, after opening at Rs 670.80, against a previous close of Rs 666.60. It touched the intra-day high of Rs 671.20 (at 10:19 hours).

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Mentha oil futures little changed on spot demand
24/10/2016 10:14
Mentha oil futures were little changed during the morning trade in the domestic market on Monday 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.
Further, widening of positions by traders in the spot market led by a 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 October 2016 contract were trading at Rs 904.10 per kg, up by 0.04 per cent after opening at Rs 903.50, against the previous closing price of Rs 903.70. It touched the intra-day high of Rs 906 (at 10:14 hours).

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Cardamom futures zoom 2.17% on uptick in demand
24/10/2016 10:10
Cardamom futures were trading higher during the morning trade in the domestic market on Monday 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 1205 per kg, up by 2.17 per cent, after opening at Rs 1190, against a previous close of Rs 1179.40. It touched the intra-day high of Rs 1211 (at 10:09 hours).

Mcx Commodity News for Nickel, Menthaoil, Cardamom : Morning Session - 17.10.2016

Mcx Commodity Market News : Morning Session - 17.10.2016

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Subdued demand drags down nickel futures
17/10/2016 11:12
Nickel futures were trading lower during the morning trade in the domestic market on Monday as investors and speculators exited their positions in the industrial metal amid muted physical demand for nickel from major consuming industries in the domestic spot market. The prices of nickel fell due to trimming of positions by participants in the industrial metal on account of slide in spot demand in the domestic spot market.
At the MCX, nickel futures for October 2016 contract is trading at Rs 697.60 per kg, down by 0.04 per cent, after opening at Rs 698.50, against a previous close of Rs 697.90. It touched the intra-day low of Rs 697.20 (at 11:15 hours).

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Mentha oil futures gain on rising demand
17/10/2016 11:08
Mentha oil futures were trading higher during the morning trade in the domestic market on Monday 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 916.80 per kg, up by 1.13 per cent after opening at Rs 904.90, against the previous closing price of Rs 904.70. It touched the intra-day high of Rs 916.80 (at 11:13 hours).

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Cardamom futures up 1% on pickup in demand
17/10/2016 11:04
Cardamom futures were trading higher during the morning trade in the domestic market on Monday 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 1138.90 per kg, up by 1 per cent, after opening at Rs 1135.10, against a previous close of Rs 1127.60. It touched the intra-day high of Rs 1144 (at 11:09 hours).

Mcx Commodity News for Nickel, Menthaoil, Cardamom, Crudeoil : Morning Session - 10.10.2016

Mcx Commodity Market News : Morning Session - 10.10.2016

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Oil plunges on rise in US drilling count
10/10/2016 11:26
Crude oil futures tanked by more than 1 per cent during morning trade in the domestic market on Monday as investors and speculators exit positions in the energy commodity as the 14th rise in US oil drilling count in the last 15 weeks signaled higher production in the world’s biggest crude consuming nation, going forward, exacerbating fears over a global supply glut. Baker Hughes said that the number of rigs drilling for oil climbed by 3 to 428 last week.
Traders are awaiting details of an OPEC plan announced last month, to cut output for the first time in eight years.
At the MCX, crude oil futures for October 2016 contract is trading at Rs 3,284 per barrel, down by 1.17 per cent, after opening at Rs 3,292, against a previous close of Rs 3,323. It touched the intra-day low of Rs 3,279.

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Nickel futures zoom as China returns after break
10/10/2016 10:51
Nickel futures were trading higher during the morning trade in the domestic market on Monday as investors and speculators build up fresh positions amid rise in domestic demand in the industrial metal, and tracking positive cues from overseas markets as Chinese markets returned after a week-long break.
The prices of nickel fell last week when Indonesian officials said they were considering reinstating nickel ore exports. At the MCX, nickel futures for October 2016 contract is trading at Rs 693.90 per kg, up by 1.91 per cent, after opening at Rs 682, against a previous close of Rs 680.90. It touched the intra-day high of Rs 695.80 (at 10:44 hours).

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Pick up in demand lifts mentha oil futures by 0.13%
10/10/2016 10:40
Mentha oil futures were trading higher during the morning trade in the domestic market on Monday 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.
Further, widening of positions by traders in the spot market led by a 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 October 2016 contract were trading at Rs 867.50 per kg, up by 0.13 per cent after opening at Rs 866.80, against the previous closing price of Rs 866.40. It touched the intra-day high of Rs 868.80 (at 10:40 hours).

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Uptick in demand lifts cardamom futures by 1.34%
10/10/2016 10:36
Cardamom futures were trading higher during the morning trade in the domestic market on Monday 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 1147.60 per kg, up by 1.34 per cent, after opening at Rs 1140, against a previous close of Rs 1132.40. It touched the intra-day high of Rs 1147.80 (at 10:34 hours).

Mcx Commodity News for Nickel, Menthaoil, Cardamom, Crudeoil : Morning Session - 30.9.2016

Mcx Commodity Market News : Morning Session - 30.9.2016

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Nickel futures fall on muted demand
30/09/2016 10:53
Nickel futures were trading lower during the morning trade in the domestic market on Friday as investors and speculators remained on the sidelines in the industrial metal amid a fall in demand from consuming industries at the domestic spot markets. Further, participants cut down their bets in the industrial metal due to a decline in demand from consuming industries, influenced prices of zinc at futures trade. At the MCX, nickel futures for September 2016 contract is trading at Rs 692.20 per kg, down by 0.23 per cent, after opening at Rs 692.30, against a previous close of Rs 693.80. It touched the intra-day low of Rs 690.60 (at 10:48 hours).

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Mentha oil futures up on rising demand
30/09/2016 10:45
Mentha oil futures were trading higher during the morning trade in the domestic market on Friday as participants build up fresh positions in the agri-commodity amid an increase 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 led by upsurge in physical 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 September 2016 contract were trading at Rs 852.30 per kg, up by 0.20 per cent after opening at Rs 852, against the previous closing price of Rs 850.90. It touched the intra-day high of Rs 854.90 (at 10:43 hours).

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Oil lower on profit booking
30/09/2016 10:42
Crude oil futures tanked 1 per cent during morning trade in the domestic market on Friday as investors and speculators resorted to profit taking in the energy commodity after stellar gains in the previous session when the OPEC announced a cut in output for the first time in eight years. The OPEC, a cartel which accounts for about 40 per cent of global crude supplies, at an informal meeting in Algiers on Wednesday, agreed in a preliminary deal to cut output to a range of 32.5 million to 33 million barrels per day, easing worries over a global supply glut, and spurring an over 4.4 per cent rally in domestic crude futures on Thursday. At the MCX, crude oil futures for October 2016 contract is trading at Rs 3,172 per barrel, down by 1 per cent, after opening at Rs 3,190, against a previous close of Rs 3,204. It touched the intra-day low of Rs 3,172 (at 10:09 PM).

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Cardamom futures rise 0.75% on pick up in demand
30/09/2016 10:40
Cardamom futures were trading higher during the morning trade in the domestic market on Friday as investors and speculators build up fresh positions in the agri-commodity amid a surge in physical demand for cardamom in the domestic spot market. Further, insufficient supplies amid restricted physical arrivals from the major cardamom producing regions, too supported the uptrend in the domestic cardamom prices. At the MCX, cardamom futures for October 2016 contract is trading at Rs 1,136.10 per kg, up by 0.75 per cent, after opening at Rs 1,130, against a previous close of Rs 1,127.60. It touched the intra-day high of Rs 1,143.70 (at 10:37 hours).

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Ministry recommends anti-dumping duty on Chinese products
30/09/2016 10:01
The commerce ministry has said that it has suggested imposition of anti-dumping duty on imports of steel wire rods from China to guard the interest of domestic players from cheap in-bound shipments. In its initial findings, the directorate general of anti-dumping and allied duties (DGAD) has recommended the duty. As per reports, DGAD has suggested that for certain Chinese companies, the duty should be the difference between the landed value of the steel products and USD 499 per tonne while for others, it should be the gap between the landed value and USD 538 per tonne. As per reports, the duty was recommended on imports of 'wire rod of alloy or non-alloy steel', which is used in many applications and sectors such as automotive components, welding electrodes, fasteners, including nuts and bolts, nails, railway sleepers, general engineering, binding wires for construction industry and armoured cables.

Mcx Commodity News for NICKEL, MENTHAOIL, CARDAMOM, : Morning Session - 26.08.2016

Mcx Commodity Market News : Morning Session - 26.08.2016


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Pickup in demand lifts nickel futures by 0.58%
26/08/2016 10:45
NICKEL: UP Trend
Nickel futures were trading higher during the morning trade in the domestic market on Friday as investors and speculators build up fresh positions amid surge in demand from alloy-makers at the domestic spot market. Further, an increase in domestic demand from alloy-makers at the domestic spot markets, supported the uptrend in nickel prices at futures trade. At the MCX, nickel futures for August 2016 contract is trading at Rs 660.50 per kg, up by 0.58 per cent, after opening at Rs 660, against a previous close of Rs 656.70. It touched the intra-day high of Rs 661.90 (at 10:42 hours).

Mentha oil futures up 0.56% on rise in demand
26/08/2016 10:42
MENTHAOIL: UP Trend
Mentha oil futures were trading higher during the morning trade in the domestic market on Friday as participants widened their bets in the agri-commodity amid increase in physical demand from major consuming industries for mentha oil in the domestic spot market. Further, an uptick in demand for mentha oil futures was attributed to widening of positions by traders in the spot market, supported prices of mentha oil at futures trade. At the MCX, mentha oil futures for August 2016 contract were trading at Rs 884 per kg, up by 0.56 per cent after opening at Rs 880.30, against the previous closing price of Rs 879.10. It touched the intra-day high of Rs 885.80 (at 10:42 hours).


Uptick in demand lifts cardamom futures by 1.83%
26/08/2016 10:39
CARDAMOM: UP Trend
Cardamom futures were trading higher during the morning trade in the domestic market on Friday 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, tight stock positions on restricted supplies from producing regions, too supported the uptrend in domestic cardamom prices. At the MCX, cardamom futures for September 2016 contract is trading at Rs 1,165.80 per kg, up by 1.83 per cent, after opening at Rs 1,140, against a previous close of Rs 1,144.90. It touched the intra-day high of Rs 1,174.80 (at 10:36 hours).

Industry advises Govt to relook Stainless Steel (QC) Order
26/08/2016 10:09
Major metals and stainless steel industries associations, have said that they have urged the Steel Ministry to have a relook at the Stainless Steel products Quality Control (QC) Order, 2016. As per reports, Industry bodies, Process Plant & Machinery Association of India (PPMAI) and the Metal and Stainless Steel Merchants Association (MASSMA) have said that the order do not cover over 60 per cent of most of the non-standard grades of stainless steel being produced and imported in the country. As per reports, the Stainless Steel Products QC Order makes it mandatory to register with the Bureau of Indian Standards (BIS) and prohibits manufacture, import, storage, sale and distribution of stainless steel products by trade and industry without such registration. Commenting on the issue, an industry official told the media, "More than 60 per cent of stainless steel produced in the country includes non-standard flat products not conforming to American Standards for Testing of Materials (ASTM) or any other international standard or local BIS standard." “Though the order seeks to ensure that the domestic and industrial users get quality products, however, over 60 per cent stainless steel (of 200 series with below 1 per cent Nickel) is used mostly by utensil makers, which is not covered under the QC Order or under IS Standards of BIS,” he added.