commodity

Jeera trading range for the day is 12873-13239.Jeera ended with gains due to overseas demand while a pickup in the local demand also supported the upside.Upside was seen limited on rains that brightened the prospects of better sowing while higher stocks and weak demand also weighedNCDEX...

Menthaoil trading range for the day is 853.2-872.4.Menthaoil spot is at 972/-. Spot market is down by Rs.6/-.Mentha oil weakened due to sluggish demand from consuming industries in the spot market.Adequate stocks position in the physical market following increased arrivals from Chandousi in...

CPO trading range for the day is 527.1-538.5.Crude palm oil ended with losses due to ample stocks availability in the spot market on account of higher supply from major producing belts Edible oil imports of India could rise 4 percent to a record 10.7 million tonnes in 2013/14 due to growth in...

Ref.Soya oil trading range for the day is 653-667.Ref soyaoil gains as late monsoon rains over the growing areas of central India are likely to delay the harvest of the crop.India could export as much as 5 million tonnes of soymeal in the year from Oct. 1, 2013, a rise of about 25% on the...

At the MCX, Crude Oil futures, for the October 2013 contract, closed at Rs 6,501 per barrel, down by 0.52 per cent, after opening at Rs 6,536, against a previous close of Rs 6,535. It touched an intra-day low of Rs 6,476EQUITY TIPS

Jeera prices closed higher by 0.02 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors increased their holdings in the commodity in the midst limited arrivals from growing regions. At the NCDEX, jeera futures for October 2013 contract closed at...

The MCX October gold futures opened in positive territory with a gap of Rs 45 at Rs 29,919 from its previous close of Rs 29,874, due to the shallow entry into the international markets. Soon, the gold price reached a high of Rs 29,920 touched but deleted the Indian gold all its early gains and...

Jeera trading range for the day is 12832-13322.Jeera eased weighed down by mounting stocks and prospects of better sowing.Rumors of early sowing of jeera in Gujarat due to ample soil moisture may add more bearish sentimentsNCDEX accredited warehouses jeera stocks dropped by 9 tonnes to 3752...

Soyabean trading range for the day is 3365-3481.Soyabean prices ended with gains as supplies are not increasing as per the market expectations which are supporting the pricesRains in the previous days have slowed the harvest due to which supplies are not increasing as expected.Arrivals of...

Crudeoil trading range for the day is 6421-6701.Crude oil dropped as higher crude output from Iraq and a possible thaw in U.S.-Iran relations boosted the supply outlook.Iraq, a key OPEC producer, said it boosted output from its southern oilfields after repairing a leaking pipeline.Reports that...

Ref.Soya oil trading range for the day is 649-659.Ref soyoil dropped tracking weakness in spot demand on estimates of higher oilseed production in the current season due to increased acreage.The latest data showed that the overall sowing acreage of Kharif oilseeds was reported at 188 lakh...

Soyabean trading range for the day is 3348-3436.Soyabean ended with gains on buying support tracking firm spot demand and lower US soybean production estimates by the USDA.The global soybean consumption for 2013/14 is projected higher at 238.24 million tonnes, up 0.31 million tonnes million...

Jeera prices closed lower by 1.34 per cent on Saturday at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a surge in the supply from the producing regions in the midst of a decline in the export demand. At the NCDEX, jeera futures for October 2013 contract closed at...

Turmeric trading range for the day is 4786-4962.Turmeric settled flat driven by an improvement in demand and increased upcountry orders.However, higher carry forward stocks against increased production estimates restricted the uptrend.NCDEX accredited warehouses turmeric stocks dropped by 10...

At the MCX, Crude Oil futures, for the September 2013 contract, closed at Rs 6,637 per barrel, up by 0.11 per cent, after opening at Rs 6,601, against a previous close of Rs 6,630.EQUITY TIPS

Soyabean trading range for the day is 3400-3494. Soybean settled flat amid higher than expected sowing supported by good rain fall activities. India's area under soybean cultivation rose to 19.25 million hectares from 17.10 million hectares in the same period last year However, the report kept...

Crudeoil trading range for the day is 6525-7023.Crude rose after official U.S. data revealed inventories hit lows not seen since March of 2012.The Energy Information Administration reported earlier that U.S. crude oil stockpiles dropped by 4.37 million barrelsU.S. government data showed that...

Ref.Soya oil trading range for the day is 654-664.Ref soyoil ended with losses tracking weakness in spot demand on expectations of higher arrivals from new crop.Downside was limited on worries over soybean crop in MP and Rajasthan and a less than satisfactory oilseeds harvest in...

Menthaoil trading range for the day is 848.1-881.1.Menthaoil spot is at 976/-. Spot market is up by Rs.6/-.Mentha oil ended with gains due to steady demand by stockiest and end user companies propelled strong gains in mentha Mentha oil Production this year expected higher at more than 60000 tons...

market at lower levelsDemand from Pharma industries was noted and is expected to pick up somewhat at these levels.