Mcx commodity market traded at down side with lower prices,mostly commodities are traded at down side with negative prices.mcx cotton traded at down side with -130.00 points and stands with 14740.00 points.
Otherside NCDEX Chana February futures traded up by 1.14 per cent to 3455 levels on Friday India’s National Commodity & Derivatives Exchange Limited (NCDEX).
Agri research analyst at commodity Online, said Chana February contract is likely to trade bullish for both short term and intra day.our expert says,“Short term support is seen at 3350 and resistance at 3550. Intra day support is seen at 3400 and resistance at 3450,”.
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Today mcx commodity market looking at down side with dull prices, and mostly commodities are traded at down side and stay in negative zone.Gold and silver both commodities are traded at down side with lower prices.
Mcx silver in morning time opens with 39350.00 points and its previous close prices is 39472.00 points while recently traded at down side with -372.00 points and stands with 39100.00 points.
Otherside mentha oil and cotton both commodities are looking in positive zone and recently mentha oil goes upside with 4.30 points upside and stands with 733.20 points while cotton recently stands with 14490 with +130 increment points.
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Turmeric futures fell on Thursday tracking other Agri commodities as higher arrivals in the mandis from the ongoing harvest kept pressure on the market sentiments.
Turmeric April contract fell0.74% to 8532 level on Thursday(11.45am) at India’s National Commodity& Derivatives Exchange(NCDEX).
Otherside,in mcx commodity market,today mcx gold and silver both precious metals are traded at down side with lower prices.
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Today in morning time after the strong rise in Jeera rates over last few days, profit booking at the higher levels brought some dips to the rising rates as possibilities of rains in Gujarat over next 1-2 days too kept sentiments weak.
Jeera February contract dipped by 2.3 per cent to 16590 on Wednesday(11.30 am) at India’s National Commodity& Derivative Exchange(NCDEX).
Otherside if we talk about mcx market,so gold and silver both metals are traded at upside with optimistic prices, and silver goes above side with 703.00 points and stands with 40225.00 points.
Crude oil goes down side with -32.00 points and stands with 2909.00 points.
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Today in morning time,mcx gold opens with 27730.00 points upside with incremented prices and its last previous closed price is 27700.00 points while recently gold traded at upside with 120.00 points above side and stands with 27820.00 points.
Mcx silver opens with 38900.00 points and its last closed price is 39028.00 points and recently mcx silver stands with 155.00 points and stands with 39183.00 points.
Whole base metals like aluminum,copper,nickel,lead and zinc all are traded at upperside and in morning time nickel opens with 895.00 points and its last closed prices is 888.60 points and recently stands with 896.30 points.
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On monday mcx and ncdex market traded at upside and as well as down side with changing prices.some of commodities are traded at down side with lower prices and some of stay in optimistic side.
Castor seed in ncdex market traded at down side with lower prices for all contracts. Castor seed for januaary contract traded at down side with -3.18% down side and stands with 4515.00 points.
Otherside side mcx market also traded at changing mode. Mcx gold goes upside with 69.00 points above side and stands with 27720.00 points.
Crude oil traded with in positive zone and recently goes upside with 35.00 points and stands with 3056.00 points.
Yesterday mcx market closed with in green gloom with optimistic prices and traded at above side with positive prices. Mcx gold and silver both are traded in positive zone and stands with incremented prices.
Mcx gold closed with +162.00 points upside and stands with 27654.00 points and silver closed with incremented 1139.00 points above side.
All base metals like,aluminum,copper,nickel,lead and zinc all are traded at upperside with optimistic prices and stands with in positive zone.
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Crude oil in morning time, opens with 2939.00 points and its last closed price is 2939.00 points. Recently crude oil traded at -63.00 points down side and crude oil stands with 2876.00 points.
Otherside if we move on ncdex market, so ncdex market goes down side with reed gloom. Barley,chana,cotton seed oilcake,Gold hedge,gaur gum,gaur seed 10 MT,Jeera,Maize,Mustard seed,soyabean,sugar m Grade,Turmeric,and wheat all are traded at down side with lower prices.
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Today in morning time,mcx gold and silver both commodities are traded ta down side with lower prices and gold traded down side with 409.00 points while silver goes down side with -770.00 points.
Crude oil recently traded at above side in market and goes above side with +105.00 points and stands with 2968.00 points.
India’s vegetable oil imports during December 2014, witnessed an increase of 7 percent, according to the latest data by Solvent Extractors’ Association of India(SEA).
“Import of vegetable oils during December 2014 is reported at 1,139,586 tonnes compared to 1,067,709 tons in December, 2013, consisting of 1,121,590 tons of edible oils and 17,996 tons of non-edible oils i.e. up by 7%,” SEA said.
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Commodity prices are projected to stay soft in 2015. The unusually steep decline in oil prices in the second half of 2014 could significantly reduce inflationary pressures and improve current account and fiscal balances in oil-importing developing countries.
In South Asia, growth rose to an estimated 5.5 percent in 2014 from a 10-year low of 4.9 percent in 2013. The upturn was driven by India, the region’s largest economy, which emerged from two years of modest growth.
Otherside today mcx commodities are traded at down side with lower prices and here mcx gold and silver both precious metals again traded at down side. All base metals are traded at down side with lower prices.