commodity

Menthaoil trading range for the day is 852.8-898.Menthaoil spot is at 970/-. Spot market is down by Rs. 5/-.Mentha oil ended with losses due to higher production prospects, high stock levels and reports of better sowing.Winter season demand expected to pick up in coming months, the downtrend...

Crudeoil trading range for the day is 6336-6536.Crude rose after energy company TransCanada said that it would complete work on the southern leg of its Keystone Pipeline later this month.Crude inventories in the United States rose sharply last week as refinery utilisation fell, while the...

Castorseed prices fell by 0.64 per cent on Tuesday 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 October 2013 contract was trading at...

Crudeoil trading range for the day is 6326-6534.Crude oil dropped as tensions over Iran eased and a potential U.S. government shutdown clouded the outlook for demand.Exports from Iran have more than halved in recent years to around 1 million barrels per day in 2012 due to tightening...

Cardamom futures for October 2013 contract were trading at Rs. 709.70 per kg, up by 0.17 per cent, after opening at Rs. 708 against the previous closing price of Rs. 708.50.EQUITY TIPS

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Soyabean trading range for the day is 3408-3472.Soybean prices ended with gains on active intake and lower than expected supplies.Due to open weather, there is active participation from both buyers and sellers in most mandis.The concerns regarding quality of new soybean crop are also supporting...

Crudeoil trading range for the day is 6283-6707.Crude rose as rupee weakness supported prices but pressure seen as a U.S.-Russia deal to remove chemical weapons from Syria.EQUITY TIPS

Cardamom futures for October 2013 contract were trading at Rs. 716.20 per kg, down by 0.78 per cent, after opening at Rs. 722.50 against the previous closing price of Rs. 721.80. EQUITY TIPS

US gold futures swung between gains and losses on Friday. However it remained almost steady amid weak US Dollar, poor physical demand from Asia and concerns that US Central Bank may start tapering its monetary stimulus later this year on improving economic conditions in the United States and...

Turmeric trading range for the day is 4537-4717.Turmeric ended with losses due to higher carry forward stocks, weak local demand and proper growth on conducive weather conditions.Local demand is almost negligible and stocks are huge.EQUITY TIPS

Menthaoil trading range for the day is 845.6-898.4.Menthaoil spot is at 969/-. Spot market is down by Rs.6/-.Mentha oil ended with losses as higher stocks and better production reports weighed on prices.EQUITY TIPS

Ref.Soya oil trading range for the day is 662-670.Ref.Soya oil dropped on late profit booking after prices seen supportive amidst thin arrivals.Last week, widespread rains were seen in many parts of the Madhya Pradesh which resulted in some delay in fresh crop arrivalsThe import of vegetable...

Soyabean trading range for the day is 3410-3484.Soyabean dropped on late profit booking tracking weakness in spot demand after prices rose on lower than expected suppliesRains in the previous days in growing regions have slowed the harvest and disrupted arrivals in growing states.Arrivals of...

Jeera trading range for the day is 12807-13247.Jeera settled down as prospects of better sowing in the winter months and higher stocks weighed on sentimentMoreover, restricted supplies of jeera in local mandies by traders also facilitated some support to the jeera prices.NCDEX accredited...

At the MCX, Crude Oil futures, for the October 2013 contract, is trading at Rs 6,381 per barrel, down by 0.33 per cent, after opening at Rs 6,397, against a previous close of Rs 6,402.EQUITY TIPS

Cardamom prices reversed its previous day’s losses on Thursday 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 October 2013 contract were trading at Rs...

Menthaoil trading range for the day is 851.1-886.3.Menthaoil spot is at 975/-. Spot market is up by Rs.3/-.Mentha oil ended with gains on the account of strong demand with the anticipation of weak production next year.Strong demand is mainly on the account of possibility of poor sowing acreage...

Chana trading range for the day is 3001-3107.Chana gained tracking firmness in spot demand amid short covering after prices dropped due to mounting stocks and expectations of higher sowingEstimates of higher summer-sown or kharif pulses output due to good rains also weighed on sentiment.NCDEX...

Turmeric trading range for the day is 4543-4811.Turmeric fell due to sluggish demand amid higher carry forward stocks and conducive weather for the crop.Weather is favourable for the growth of the crop. Prices may fall further because demand is weak and supplies are good.NCDEX accredited...