commodity

Crudeoil trading range for the day is 5865-6159. Crude oil jumped fuelled by a sharp run-up in gasoline and gas oil prices on news of dwindling stocks and refinery glitches in the United States and Europe. Unrest in Libya has helped support prices by stoking supply concerns.Equity market tips

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CPO trading range for the day is 553.7-571.3.Crude palm oil ended with gains tracking firmness in spot demand and also prices supported due to steady demand for the tropical oil Cargo surveyor Intertek Testing Services showed exports of Malaysian palm oil in Nov. 1-20 slipped 2.1 percent to...

Chana trading range for the day is 3108-3174.Chana fell on weak spot demand, sufficient stocks and favourable weather for sowing.Expectation of higher acreage for the season amid sufficient stocks with the traders could keep sentiment weak. NCDEX accredited warehouses chana stocks dropped by 293...

Crudeoil trading range for the day is 5822-5992.Crude oil gained after U.S. oil inventories increased by less than expected last week, although optimism about nuclear talks with Iran kept prices in check.The U.S. Energy Information Administration said in its weekly report that U.S. crude oil...

Ref.Soya oil trading range for the day is 705-721.Ref soyoil gained following gain in overseas edible oil prices and on strong demand in local spot markets amid limited suppliesSoybean supplies are not rising as per expectations and demand is robust.Technically market is under short covering as...

Jeera trading range for the day is 12478-12998.Jeera prices dropped due to large stocks, favourable weather for sowing and prospects of a higher area under cultivation.The total sowing acreage is likely to increase by 10-12% in the current year as strong sowing is likely in the areas of Gujarat...

Ref.Soya oil trading range for the day is 699-725.Ref soyoil ended with losses due to weak demand and losses in overseas markets.Demand is extremely weak and no immediate relief is visible.Physical market sentiments are also down on poor demand amidst prospects of improving supply from the...

Crudeoil trading range for the day is 5815-5951. Crude oil recovered in a choppy session as investors waited for talks to begin between Western delegates and Iran over the latter's nuclear program and ways to close it. Crude prices have been on a downward trend in recent weeks amid concerns U.S...

Turmeric trading range for the day is 4888-5272.Turmeric rose due to a pick-up in local demand and on expectations of an improvement in export inquiriesThe fresh arrivals of the commodity would start at the beginning of the next year and though the stocks are quite comfortableNCDEX accredited...

Ref.Soya oil trading range for the day is 707-725.Ref soyoil gained on limited supplies of good quality harvest amid good demand from oil millers.Exports of soymeal from India rose to 182,724 tonnes in October from 49,840 tonnes a year earlier.Soybean crushing has started picking up that may...

Menthaoil trading range for the day is 834-889.2.Menthaoil spot is at 956/-. Spot market is down by Rs.19/-.Mentha oil ended with losses driven by sluggish demand in the spot market.Adequate stocks position in the physical market following increased arrivals from Chandausi in Uttar Pradesh also...

Crudeoil trading range for the day is 5685-5937. Crude oil fell weighed down by expectations the Federal Reserve could taper its bond buying program. Libyan crude oil exports have fallen by more than 1 million bpd over the last six months. Investors were assessing how energy reforms pledged by...

Crudeoil trading range for the day is 5800-6000.Crudeoil dropped on the reports that a senior U.S. official said a deal with Iran on its nuclear program was "quite possible".Sanctions against Iran because of its nuclear program have kept some 1 million barrels of oil off the global market.The...

Cardamom prices rose by 1.30 per cent on Monday 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 November 2013 contract were trading at Rs. 738 per kg, up by...

Chilli prices rose by 2.18 per cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of a rise in the export demand for the commodity in the midst of limited supply. At the NCDEX, chilli futures for November 2013 contract were trading at Rs. 7,310 per...

Coriander prices rose by 0.16 per cent on Monday 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 2013 contract was trading at Rs. 7,040...

At the NCDEX, Mustard Seed futures for November 2013 contract closed at Rs. 3,685 per quintal, down by 0.54 per cent, after opening at Rs. 3,705 against the previous closing price of Rs. 3,705. Equity market tips

At the NCDEX, chana futures for November 2013 contract closed at Rs. 3,021 per quintal, down by 0.33 per cent, after opening at Rs. 3,026 against the previous closing price of Rs. 3,031.Equity market tips

At MCX, Cardamom futures for November 2013 contract were trading at Rs. 760 per kg, up by 0.42 per cent, after opening at Rs. 775 against the previous closing price of Rs. 756.80.Equity market tips