Today's Commodity Reviews, 19 July,2013

Precious Metals

DAILY BUZZ

Taking positive cues from the global markets, silver traded higher by 0.62 per cent to Rs 41,180
per kg in futures market today as speculators enlarged their positions.

At the Multi Commodity Exchange, silver for delivery in December rose by Rs 255, or 0.62 per
cent, to Rs 41,180 per kg in business turnover of 365 lots.

Likewise, the white metal for delivery in September gained Rs 181, or 0.45 per cent, to Rs

40,335 per kg in 8,624 lots.

Base Metals & Energy

DAILY BUZZ

Nickel prices moved up by 3,60, or 0.35 per cent to Rs 830.90 per kg in futures market on
Thursday as speculators enlarged positions, tracking a firming trend in spot market on good
demand from alloy-makers but weak overseas cues, limited the gains.

At the Multi Commodity Exchange, nickel for delivery in August gained Rs 3.60, or 0.35 per

cent, to Rs 830.90 per kg in business turnover of 130 lots.

In the international market, nickel dropped 0.6 per cent to $ 13,893 a tonne at the London

Metal Exchange.

Agro Outlook

DAILY BUZZ

Cardamom prices declined by 1.32 per cent to Rs 758 per kg in futures trade today as speculators 

trimmed their positions amid adequate stocks.

At the Multi Commodity Exchange, cardamom prices for delivery in August declined by Rs 

10.20, or 1.32 per cent, to Rs 758 per kg, with a business turnover of 1,100 lots.

Market analysts said besides profit-booking, subdued demand in the spot markets against 

adequate stocks position also kept pressure on cardamom prices at futures trade.

Potato futures prices today fell by 2.25 per cent to Rs 646.30 per quintal on profit booking by 

traders due to lower domestic demand.

The commodity for delivery in August slipped by Rs 13.80, or 1.93 per cent, to Rs 700 per 

quintal, with a trading volume of 93 lots.