commodity

Crudeoil trading range for the day is 6004-6134.Crude dropped on expectations that fresh disruptions over the weekend in exports from OPEC member Libya could be short-lived.Libya's crude oil exports have dropped to around 90,000 barrels per day (bpd), less than 10 percent of capacityToday crude...

Cardamom prices rose by 0.62 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 November 2013 contract were trading at Rs. 715.60 per kg...

Menthaoil trading range for the day is 847.3-866.1.Menthaoil spot is at 946/-. Spot market is up by Rs. 8/-.Mentha oil ended with losses due to strong carryover stocks in major mandies along with sluggish demand.Most of cultivators have reported strong liquidation in the major mandies to meet...

Jeera trading range for the day is 12465-12715.Jeera rose on some bargain-buying, supported by hopes of a pick-up in overseas demand.However, large spot supplies and expectations of higher acreage due to ample rains capped the upside.NCDEX accredited warehouses jeera stocks dropped by 163 tonnes...

Cardamom prices fell by 0.17 per cent on Tuesday at the Multi Commodity Exchange (MCX) due to the adequate stocks availability in the physical market on account of higher supply from the producing belts of Chandausi in Uttar Pradesh. At MCX, Cardamom futures for November 2013 contract were...

Crude oil futures may remain volatile today ahead of key US industrial production data which may determine when the US Federal Reserve starts tapering record stimulus. At the MCX, Crude Oil futures, for the November 2013 contract, closed at Rs 6,045 per barrel, up by 0.75 per cent, after opening...

Coriander prices rose by 1.68 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. 6,711...

Menthaoil trading range for the day is 830.9-850.5.Menthaoil spot is at 940/-. Spot market remains unchanged.Menthaoil dropped due to strong carryover stocks in major mandies along with sluggish demand by user industriesEquity market tips

Crudeoil trading range for the day is 5891-6093.Crude oil dropped as rising supplies of crude oil in the United States drove the prices downConcerns over the U.S. economic outlook and the impact on future oil demand prospects also dampened sentimentsAny relaxation of the sanctions regime against...

The MCX Gold December futures, as expected, has almost achieved our short-term target of Rs 30,700-odd levels. Gold prices may spike to Rs 30,850-odd levels, or consolidate around current levels given the sharp 7.7 per cent rally in the last nine trading days. The overall bias for the MCX Gold...

NCDEX accredited warehouses turmeric stocks dropped by 330 tonnes to 6188 tonnes. In Nizamabad, a major spot market in AP, the price ended at 4904.15 rupees gained 11.15Equity market tips

Ref.Soya oil trading range for the day is 700-740.Ref soyoil ended with gains on better export demand and worries of raw material shortage Equity market tips

Most of the cultivators reported strong liquidation in the major mandies to meet their cash requirement during the festivals season.Technically market is under long liquidation as market has witnessed drop in open interest by -2.2% to settled at 4306Equity market tips

crude oil inventories rose by 5.2 million barrels.Over the past four weeks, inventories have risen by 22 million barrels, the biggest four-week build since April 2012 and the second largest since February 2009.Equity market tips

.Market sources suggested that strong demand is mainly on the account of possibility of poor sowing acreage in the next seasonEquity market tips Commodity Tips Epic Research

At the NCDEX, castor seed futures for November 2013 contract were trading at Rs. 3,640 per quintal tonnes, up by 0.64 per cent, after opening at Rs. 3,620 against the previous closing price of Rs. 3,617.Equity market tips

Menthaoil trading range for the day is 846.7-864.1.Menthaoil spot is at 953/-. Spot market remains unchanged.Mentha oil rose tracking a firm trend at spot market on strong retailers and export demand.Sentiment improved further due to restricted arrivals from major producing regions

Crudeoil trading range for the day is 6099-6301. Crude oil dropped after official data revealed that U.S. crude supplies rose more than expected. The U.S. Energy Information Administration said in its weekly report that U.S. crude oil inventories rose by 4 million barrels Saudi Arabia increased...

MCX GOLD on its daily charts unable to sustain on lower level and showed some correction towards the 50% retracement level. Now, if it sustains below the psychological level of 30000 then 28740 will act as major support. On other hand if it maintain above 30000 then trend reversal can be seen...

NCDEX accredited warehouses turmeric stocks dropped by 169 tonnes to 7156 tonnes.In Nizamabad, a major spot market in AP, the price ended at 4834.35 rupees gained 8.05 rupeesEQUITY TIPS