Showing posts with label commodity trading tips. Show all posts
Showing posts with label commodity trading tips. Show all posts

Monday, 21 December 2015

Prices of crude prices fell on Monday 21 Dec, 2015

http://www.researchvia.com/base-metals-energy-pack/

Prices of Brent crude fell down today to their weakest since 2008 on renewed worries over a global oil glut, with production around the whole world remaining at or near record highs and new supplies looming from Iran and the US(United States).

Brent futures fell down as low as $36.32 per barrel in overnight trading near 0000 GMT, the weakest since 2008, before edging back to $36.49 per barrel by 0203 GMT.
 
U.S. West Texas Intermediate (WTI) futures went  down by 20 cents at $34.53 per barrel and close to Friday's last week 2015 lows.

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Wednesday, 16 September 2015

Agri tips & Updates : Cardamom prices fell by 0.05 per-cent 16 Sep, 2015


Agri tips & updates - Today, Cardamom prices fell by 0.05 per-cent at the Multi Commodity Exchange (MCX) due to the insufficient stocks availability in the physical market on account of larger supply from the producing belts of Chandausi in Uttar Pradesh. At MCX, Cardamom futures contract for October 2015  were trading at Rs. 821 per kg, down by 0.05 per-cent, after unlocking at Rs. 823.90 against the preceding closing price of Rs. 821.40. It touched the intra-day low of Rs. 819.60 till the trading.

http://www.researchvia.com/base-metals-energy-pack/
At 10.45 AM morning today. Sentiment weakened further as the traders booked profits at the prevailing levels in the midst of a subdued requirement for the commodity.

Kerala (70 per cent), Karnataka (20 per cent) and Tamil Nadu (10 per cent) are the cardamom growing states in India while around to be 90 per-cent of the produce is consumed within the nation. The most important markets for cardamom in India are Bodinayakanur, Vandanmendu, Kumbum, Kumily, Thekkady & Pattiveeran Patti in Kerala.

Read More news : Mcx copper tips

Friday, 6 February 2015

AGRO OUTLOOK REPORT FOR 06 FEB 2015

Agro Outlook
D A I L Y B U Z Z
CASTORSEED
Castorseed prices fell by 0.38 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of fresh supply of the commodity in the major mandies as well as strong production estimates .At the NCDEX, castor seed futures for February 2015 contract was trading at Rs. 3,985 per quintal tonnes, down by 0.38 per cent, after opening at Rs. 3,986 against the previous closing price of Rs. 4,000. It touched the intra-day low of Rs. 3,971 till the trading. (At 12.17 PM).
 
http://www.researchvia.com/free-trials/

MUSTARD SEED
Mustard Seed prices closed lower by 0.72 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the profit booking by the traders on account of the weak crushing and export demand of mustard meal. At the NCDEX, Mustard Seed futures for April 2015 contract closed at Rs. 3,314 per quintal, down by 0.72 per cent, after opening at Rs. 3,345 against the previous closing price of Rs. 3,338. It touched the intra-day low of Rs. 3,296 Sentiment weakened further due to the sluggish export demand as a result of the weak demand for the commodity. EU-27 accounts to about 34 per cent of worlds RM seed production, others major producers are China (23 per cent), Canada (19 per cent), India (14 per cent), Australia (3 per cent), Ukraine (2 per cent). India produces 5.5 million MT to7 million MT annually.


Wednesday, 10 December 2014

AGRO OUTLOOK REPORT FOR 10.12.2014

Agro Outlook
D A I L Y B U Z Z
CORIANDER
Coriander prices fell by 0.72 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the adequate stocks availability in the physical market put pressure on coriander prices. At the NCDEX, coriander futures for December 2014 contract were trading at Rs. 12,692 per quintal, down by 0.72 per cent, after opening at Rs. 12,790 against the previous closing price of Rs. 12,784. It touched the intra-day low of Rs. 12,670 till the trading. (At 12.20 PM).

http://www.researchvia.com/free-trials/
CASTOR SEED
Castorseed prices rose by 0.24 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the rise in demand from consuming industries against restricted arrivals in domestic markets which in turn encouraged the investors to enlarge their holdings. At the NCDEX, castor seed futures for December 2014 contract were trading at Rs. 4,527 per quintal tonnes, up by 0.24 per cent, after opening at Rs. 4,515 against the previous closing price of Rs. 4,516. It touched the intra-day high of Rs. 4,559 till the trading. (At 3.40 PM).


Thursday, 4 December 2014

AGRO OUTLOOK REPORT FOR 04/12/2014

Agro Outlook
D A I L Y B U Z Z
http://www.researchvia.com/free-trials/
CARDAMOM
Cardamom prices rose by 0.26 per cent on Wednesday at the Multi Commodity Exchange (MCX) on account of good buying support from both exporters and upcountry buyers and also on hopes of improved export demand. At MCX, Cardamom futures for December 2014 contract were trading at Rs 804 per kg, up by 0.26 per cent, after opening at Rs. 801.90 against the previous closing price of Rs. 801.90. It touched the intra-day high of Rs. 808.50 till the trading. (At 10.45 AM ).

MENTHA OIL
Mentha oil prices fell by 1.21 per cent on Wednesday at the Multi Commodity Exchange (MCX) as a result of the increased arrivals of the commodity in the physical market from the major producing belts in Uttar Pradesh. At MCX, Mentha oil futures for December 2014 contract, at MCX, were trading at Rs 695.80 per kg, down by 1.21 per cent after opening at Rs. 707.90 against the previous closing price of Rs. 704.30. It touched the intra-day low of Rs. 691.10 till the trading. (At 2.45 PM).


Saturday, 1 November 2014

NCDEX TIPS FOR THE WEEK AS 01 NOVEMBER 2014

Agro Outlook
D A I L Y B U Z Z
CHANA
Chana prices closed higher 3.06 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the traders enlarged their holdings in the commodity on account of the good demand in the market. At the NCDEX, chana futures for November 2014 contract closed at Rs. 3,136 per quintal, up by 3.06 per cent, after opening at Rs. 3,055 against the previous closing price of Rs. 3,043. It touched the intra-day high of Rs. 3,156. Moreover, the restricted arrivals of the commodity in the physical market due to lower estimated output also influenced the chana prices. India is the largest producer of chickpea followed by Pakistan, Turkey and Iran. India produces around 6 to 8 million tonnes and contributes around 70 per cent of the total world production.

CORIANDER
Coriander prices rose by 0.31 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the limited stocks on account of restricted arrivals from the major growing belts. At the NCDEX, coriander futures for November 2014 contract was trading at Rs.  12,005 per quintal, up by 0.31 per cent after opening at Rs. 11,930 against the previous closing price of Rs. 11,968. It touched the intra-day high of Rs. 12,030 till the trading. (At 11.45 AM today). Sentiment improved further as the investors enlarged their holdings tracking the surge in the demand for the commodity. Coriander is common in South Asian, Middle Eastern, Central Asian, Mediterranean, Indian, Tex-Mex, Latin American, Portuguese, Chinese, African, and Scandinavian cuisine.

http://www.researchvia.com/free-trials/

Wednesday, 24 September 2014

AGRO OUTLOOK REPORT FOR 24 SEPTEMBER 2014

Agro Outlook
D A I L Y B U Z Z
CARDAMOM
Cardamom prices rose by 0.80 per cent to Rs 878.10 per kg in futures trade today as speculators indulged in creating fresh positions driven by firm demand in the spot market.
 

Further, tight stocks in the physical market following restricted arrivals from producing belts also supported the uptrend.
 

At the Multi Commodity Exchange, Cardamom for October contracts rose by Rs 7.10, or 0.80 per cent, to Rs 878.10 per kg, with a trading volume of 211 lots.
 

The spice for delivery in November was trading up by Rs 6.70, or 0.74 per cent, to Rs 889.10 per kg, with a business volume of 33 lots.

http://www.researchvia.com/free-trials/

Thursday, 28 August 2014

TODAY AGRO OUTLOOK REPORT FOR 28 AUGUST 2014

Agro Outlook
D A I L Y B U Z Z
CARDAMOM
Cardamom prices rose by 1.63 per cent on Wednesday at the Multi Commodity Exchange (MCX) on account of good buying support from both exporters and upcountry buyers and also on hopes of improved export demand. At MCX, Cardamom futures for September 2014 contract were trading at Rs 940.90 per kg, up by 1.63 per cent, after opening at Rs. 926 against the previous closing price of Rs. 925.80. It touched the intra-day high of Rs. 943.90 till the trading. (At 10.41 AM today).

CORIANDER
Coriander prices rose by 0.43 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the limited stocks on account of restricted arrivals from the major growing belts. At the NCDEX, coriander futures for September 2014 contract was trading at Rs. 12,016 per quintal, up by 0.43 per cent after opening at Rs. 11,992 against the previous closing price of Rs. 11,965. It touched the intra-day high of Rs. 12,027 till the trading. (At 11.31 AM today).

http://www.researchvia.com/free-trials/

Saturday, 19 July 2014

NCDEX TIPS FOR THE WEEK AS ON JULY 21, 2014

Agro Outlook
D A I L Y B U Z Z
CORIANDER
Coriander prices fell by 0.33 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the adequate stocks availability in the physical market put pressure on coriander prices. At the NCDEX, coriander futures for July 2014 contract were trading at Rs. 11,310 per quintal, down by 0.33 per cent, after opening at Rs. 11,400 against the previous closing price of Rs. 11,348. It touched the intra-day low of Rs. 11,201 till the trading.

CASTORSEED
Castorseed prices fell by 0.31 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of fresh supply of the commodity in the major mandies as well as strong production estimates. At the NCDEX, castor seed futures for July 2014 contract was trading at Rs. 4,121 per quintal tonnes, down by 0.31 per cent, after opening at Rs. 4,152 against the previous closing price of Rs. 4,134. It touched the intra-day low of Rs. 4,105 till the trading.


Monday, 14 July 2014

DAILY NCDEX TIPS FOR 14 JULY 2014

Agro Outlook
D A I L Y B U Z Z
MENTHA OIL
Mentha oil rose 0.49 per cent to Rs 753 per kg in futures trade today as speculators enlarged positions amid increased domestic demand and restricted arrivals from producing belts.
 

At the Multi Commodity Exchange, mentha oil for delivery in August moved up by Rs 3.70, or 0.49 per cent, to Rs 753 per kg in a business turnover of 90 lots.
 

In a similar fashion, the oil for delivery in July traded higher by Rs 2.80, or 0.38 per cent, to Rs 735.80 per kg in 385 lots.

CARDAMOM
Cardamom prices edged up by 0.20 per cent to Rs 729.40 per kg in futures trading today as speculators created fresh positions amid a firm trend at spot markets.
 

Besides, tight stocks position in the physical market due to restricted arrivals from producing regions also supported the uptrend.

At the Multi Commodity Exchange, cardamom for delivery in August rose by Rs 1.90, or 0.20 per cent, to Rs 929.40 per kg in a business turnover of 222 lots.
 

Likewise, the spice for delivery in September edged up by 40 paise, or 0.04 per cent, to Rs 913.90 per kg in 30 lots.


Tuesday, 8 July 2014

AGRO OUTLOOK FOR 08 JULY 2014

Agro Outlook
D A I L Y B U Z Z
MENTHA OIL
Mentha oil prices edged higher by 0.53 per cent to Rs 678.40 per kg in futures trade today after speculators created fresh positions amid tight supplies against rising demand in the spot market.
 

At the Multi Commodity Exchange, mentha oil for delivery in July gained Rs 3.60, or 0.53 per cent, to Rs 678.40 per kg in a business turnover of 488 lots.
 

Similarly, the oil for delivery in August moved up by Rs 3, or 0.43 per cent, to Rs 696.50 per kg in 126 lots.
 

Analysts said pick-up in demand from consuming industries in the spot market led to the rise in mentha oil prices at futures trade.


Thursday, 26 June 2014

AGRO OUTLOOK FOR 26 JUNE 2014

Agro Outlook
DAILY BUZZ
CORIANDER
Coriander prices fell by 0.33 per cent to Rs 10,600 per quintal in futures trade today as speculators reduced positions amidst subdued demand in the spot markets.
 

At the National Commodity and Derivatives Exchange, coriander for delivery in July eased by Rs 35, or 0.33 per cent, to Rs 10,600 per quintal with an open interest of 27,560 lots.
 

The price for August declined by Rs 34, or 0.31 per cent, to Rs 10,908 per quintal with an open interest of 29,470 lots.
 

CARDAMOM
Continuing its winning streak for the fourth day in a row, cardamom prices moved up further by Rs 6.40 to Rs 944.50 per kg in futures trade today, taking positive cues from the spot markets.
 

Besides, tight stocks position in the physical market due to decline in arrivals from producing regions influenced cardamom prices.

At the Multi Commodity Exchange, cardamom for delivery in July added Rs 6.40, or 0.68 per cent, to Rs 944.50 per kg in business turnover of 279 lots. In a similar manner, the spice for delivery in August gained Rs 4.60, or 0.50 per cent, to Rs 920 per kg in 61 lots.



Thursday, 19 June 2014

AGRO OUTLOOK FOR 19 JUNE 2014

Agro Outlook
DAILY BUZZ
SUGAR 
Sugar prices rose by 0.23 per cent to Rs 3,028 per quintal in futures trade today as speculators created fresh positions, driven by pick up in demand in the spot market.
 

At the National Commodity and Derivatives Exchange, sugar for delivery in July rose by Rs 7, or 0.23 per cent, to Rs 3,028 per quintal with an open interest of 36,690 lots.
 

The sweetener for delivery in June contract also traded marginally up by Rs 2, or 0.07 per cent, to Rs 3,061 per quintal in 8,990 lots.
 

CORIANDER
Coriander prices fell by 0.71 per cent on Wednesday at the National Commodity & Derivatives
Exchange Limited (NCDEX) as the adequate stocks availability in the physical market put
pressure on coriander prices. At the NCDEX, coriander futures for June 2014 contract were
trading at Rs. 9,972 per quintal, down by 0.71 per cent, after opening at Rs. 9,870 against the
previous closing price of Rs. 10,043. It touched the intra-day low of Rs. 9,870 till the trading



Friday, 13 June 2014

AGRO OUTLOOK FOR 13 JUNE 2014

Agro Outlook
DAILY BUZZ
CARDAMOM
Cardamom prices fell 1.60 per cent to Rs 940 per kg in futures trading today as speculators booked profits at prevailing levels amid subdued demand in the spot market against adequate stocks position.
 

At the Multi Commodity Exchange, cardamom for delivery in June declined by Rs 15.30, or 1.60 per cent to Rs 940 per kg in business turnover of 4 lots.
 

Market analysts said besides profit-taking by speculators at existing levels, weak demand in the spot market against adequate stocks position, mainly led to the fall in cardamom prices at futures trade.
 

CHANA
Chana remained firm for the second day and prices advanced by 1.18 per cent to Rs 2,740 per quintal in futures trading today as speculators engaged in creating positions amid rising demand in spot markets.
 

Besides, restricted arrivals from producing regions also supported the uptrend.
 

At the National Commodity and Derivatives Exchange, chana for delivery in June added Rs 32, or 1.18 per cent to Rs 2,740 per quintal with an open interest of 3,590 lots.


Thursday, 12 June 2014

AGRO OUTLOOK FOR 12 JUNE 2014

Agro Outlook
DAILY BUZZ
CHANA
Chana prices rose 0.46 per cent to Rs 2,812 per quintal in futures trade today on rising demand in spot markets.
 

At the National Commodity and Derivatives Exchange, chana for delivery in July moved up by Rs 13, or 0.46 per cent, to Rs 2,812 per quintal with an open interest of 1,58,990 lots.
 

Similarly, the commodity for delivery in June traded higher by Rs 10, or 0.37 per cent, to Rs 2,730 per quintal in 22,470 lots.


Friday, 23 May 2014

AGRO OUTLOOK FOR 23 MAY 2014

Agro Outlook
                                                        DAILY BUZZ
JEERA
Jeera prices shot up by over 1 per cent to Rs 11,130 per quintal in futures trading today as speculators created fresh positions.
 

At the National Commodity and Derivatives Exchange, jeera for delivery in June spurted by Rs 115, or 1.04 per cent, to Rs 11,130 per quintal with an open interest of 8,511 lots.
 

Similarly, the spice for delivery in July shot up by Rs 115, or 1.03 per cent to Rs 11,255 per quintal in 3,627 lots. Analysts attributed rise in jeera futures to pick up in domestic and export demand in the spot market, triggering speculators to enlarge positions.


Thursday, 22 May 2014

AGRO OUTLOOK FOR 22 MAY 2014

                                                              DAILY BUZZ

CHANA
Chana remained weak for the third day in a row and prices shed 0.37 per cent to Rs 2,964 per
quintal in futures market today as speculators offloaded positions, triggered by increased
supplies from producing regions.
Expectations of bumper production this year further fuelled the downtrend, traders said.
At the National Commodity and Derivative Exchange, chana for delivery in June fell by Rs 11, or
0.37 per cent to Rs 2,964 per quintal with an open interest of 1,46,750 lots.
Similarly, the commodity for delivery in July shed Rs 9, or 0.30 per cent to Rs 3,031 per quintal
in 63,620 lots.


REFINED SOYA OIL
Refined soya oil prices rose by 0.42 per cent to Rs 671.50 per 10 kg in futures trading today as
speculators created fresh positions, supported by pick-up in demand in the spot market.

At the National Commodity and Derivatives Exchange, refined soya oil for delivery in July rose
by Rs 2.80, or 0.42 per cent to Rs 671.50 per 10 kg with an open interest of 1,22,400 lots.
Similarly, the oil for delivery in June contract traded higher by Rs 2.45, or 0.36 per cent to Rs
689.40 per 10 kg in 1,43,570 lots.