Lead futures down on easing demand 22/02/2018

Lead futures down on easing demand
22/02/2018


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Lead futures down on easing demand
22/02/2018 16:28
Lead futures were trading lower during the evening trade in the domestic market on Thursday as participants reduced their exposure amid subdued demand from consuming industries in the spot market.

Marketmen said the weakness in lead futures was due to a sluggish demand from battery-makers at the domestic markets.

At the MCX, lead futures for February 2018 contract is trading at Rs 164.30 per kg, down by 0.76 per cent, after opening at Rs 164, against a previous close of Rs 165.55. It touched the intra-day low of Rs 161.65(at 16:37 hours).

Mentha oil futures down on easing demand 22/02/2018

Mentha oil futures down on easing demand
22/02/2018


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Mentha oil futures down on easing demand
22/02/2018 16:25
Mentha oil futures were trading lower during the evening trade in the domestic market on Thursday as investors and speculators cut down their positions in the agri-commodity amid muted physical demand for mentha oil from major consuming industries in the domestic spot market.

Further, exiting of bets by traders in the spot market was due to a fall in physical demand for mentha oil from consuming industries at the domestic spot market against sufficient stocks position on higher supplies from producing regions.

At the MCX, mentha oil futures for February 2018 contract was trading at Rs 1260 per kg, down by 2.30 per cent, after opening at Rs 1299.80, against the previous closing price of Rs 1289.70. It touched the intra-day low of Rs 1250.10(at 16:35 hours).

Cardamom futures up on increasing demand 22/02/2018

Cardamom futures up on increasing demand
22/02/2018


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Cardamom futures up on increasing demand
22/02/2018 15:42
Cardamom futures were trading higher during the afternoon trade in the domestic market on Thursday as investors and speculators extended their positions in the agri-commodity amid rise in physical demand for cardamom in the domestic spot market.

Further, insufficient supplies on higher physical arrivals from the major cardamom producing regions, supported the upward trend in the domestic cardamom prices.

At the MCX, cardamom futures for March 2018 contract was trading at Rs 1151.50 per kg, up by 0.14 per cent, after opening at Rs 1150, against a previous close of Rs 1149.90. It touched the intra-day high of Rs 1153.90(at 15:50 hours).

Zinc futures dip on easing demand 22/02/2018

Zinc futures dip on easing demand
22/02/2018


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Zinc futures dip on easing demand
22/02/2018 14:00
Zinc futures were trading lower during the afternoon trade in the domestic market on Thursday as speculators trimmed positions amid easing demand in the spot market. Analysts said offloading of positions by participants on the back of tepid demand in the spot markets, mainly led to decline in zinc prices at futures trade.

At the MCX, zinc futures for February 2018 contract was trading at Rs 226.65 per kg, down by 1.73 per cent, after opening at Rs 229.20, against a previous close of Rs 230.65. It touched the intra-day low of Rs 226(at 14:02 hours).

Gold futures decline 0.21% on weak global cues 22/02/2018

Gold futures decline 0.21% on weak global cues
22/02/2018


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Gold futures decline 0.21% on weak global cues
22/02/2018 13:22
Gold futures were down today as participants cut bets, taking weak cues from overseas markets.

Analysts said the weakness in gold futures was mostly in tune with a subdued trend overseas as minutes from the last US Federal Reserve indicated a hike in interest rates, strengthening the dollar and diminishing the appeal of the precious metal as a safe haven.

At the MCX, gold futures for April 2018 contract is trading at Rs 30412 per 10 grams, down by 0.21 per cent, after opening at Rs 30459, against a previous close of Rs 30476. It touched the intra-day low of Rs 30400 (at 13:27 hours).

Nickel futures dip on subdued demand 22/02/2018

Nickel futures dip on subdued demand
22/02/2018


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Nickel futures dip on subdued demand
22/02/2018 13:00
Nickel futures were trading lower during the afternoon trade in the domestic market on Thursday tracking a weak trend in base metals at the London Metal Exchange (LME) amid muted demand at the domestic spot markets. Market analysts said the fall in nickel prices was mostly in tune with a weak trend in the base metals pack at the LME. Besides, muted demand from alloy-makers at the domestic spot markets weighed on metal prices in futures trade.

At the MCX, nickel futures for February 2018 contract is trading at Rs 873.40 per kg, down by 2.28 per cent, after opening at Rs 888, against a previous close of Rs 893.80. It touched the intra-day low of Rs 872.70(at 13:06 hours).

Lead futures down on subdued demand 22/02/2018

Lead futures down on subdued demand
22/02/2018


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Lead futures down on subdued demand
22/02/2018 12:01
Lead futures were trading lower during the afternoon trade in the domestic market on Thursday as participants reduced their exposure amid subdued demand from consuming industries in the spot market.

Marketmen said the weakness in lead futures was due to a sluggish demand from battery-makers at the domestic markets.

At the MCX, lead futures for February 2018 contract is trading at Rs 164.35 per kg, down by 0.72 per cent, after opening at Rs 164, against a previous close of Rs 165.55. It touched the intra-day low of Rs 161.65(at 12:07 hours).

Mentha oil futures down on subdued demand 22/02/2018

Mentha oil futures down on subdued demand
22/02/2018


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Mentha oil futures down on subdued demand
22/02/2018 11:00
Mentha oil futures were trading lower during the morning trade in the domestic market on Thursday as investors and speculators cut down their positions in the agri-commodity amid muted physical demand for mentha oil from major consuming industries in the domestic spot market.

Further, exiting of bets by traders in the spot market was due to a fall in physical demand for mentha oil from consuming industries at the domestic spot market against sufficient stocks position on higher supplies from producing regions.

At the MCX, mentha oil futures for February 2018 contract was trading at Rs 1272 per kg, down by 1.37 per cent, after opening at Rs 1299.80, against the previous closing price of Rs 1289.70. It touched the intra-day low of Rs 1267.50(at 11:04 hours).

Cardamom futures up on rising demand 22/02/2018

Cardamom futures up on rising demand
22/02/2018


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Cardamom futures up on rising demand
22/02/2018 10:20
Cardamom futures were trading higher during the morning trade in the domestic market on Thursday as investors and speculators extended their positions in the agri-commodity amid rise in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on higher physical arrivals from the major cardamom producing regions, supported the upward trend in the domestic cardamom prices. At the MCX, cardamom futures for March 2018 contract was trading at Rs 1150 per kg, up by 0.01 per cent, after opening at Rs 1150, against a previous close of Rs 1149.90. It touched the intra-day high of Rs 1150(at 10:28 hours).

Silver rises on strong global cues 22/02/2018

Silver rises on strong global cues
22/02/2018


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Silver rises on strong global cues
22/02/2018 07:35
Silver futures closed higher in the domestic market on Wednesday taking positive cues from the global market. Market analysts said a firm trend in precious metals in global market mainly attributed to the rise in silver prices at the futures trade. At the MCX, silver futures for March 2018 contract closed at Rs 38,640 per kg, up by 0.65 per cent, after opening at Rs 38,247, against a previous close of Rs 38,389. It touched the intra-day high of Rs 38,677.

Gold down on rising dollar 22/02/2018

Gold down on rising dollar
22/02/2018


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Gold down on rising dollar
22/02/2018 07:35
Gold futures closed lower in the domestic market on Wednesday against a backdrop of a strengthening dollar and stabilizing equities. A weaker dollar can boost commodities priced in dollars, because it makes them cheaper to buy for holders of other currencies. At the MCX, gold futures for April 2018 contract ended at Rs 30493 per 10 grams, down by 0.13 per cent, after opening at Rs 30,451 against a previous close of Rs 30,532. It touched the intra-day low of Rs 30,387.

Mentha oil futures rise on surging demand 21/02/2018

Mentha oil futures rise on surging demand
21/02/2018


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Mentha oil futures rise on surging demand
21/02/2018 16:40
Mentha oil futures were trading higher during the evening trade in the domestic market on Wednesday amid pick-up in demand at domestic spot market and restricted supplies from producing regions.

Market analysts said fresh positions built up by traders following pick-up in demand from consuming industries in the spot market against restricted supplies from Chandausi, led to the rise in mentha oil prices in futures trade.

At the MCX, mentha oil futures for February 2018 contract was trading at Rs 1298.10 per kg, up by 2.24 per cent, after opening at Rs 1266.10, against the previous closing price of Rs 1262.90. It touched the intra-day low of Rs 1306.50(at 16:55 hours).

Nickel futures dip on subdued demand 21/02/2018

Nickel futures dip on subdued demand
21/02/2018


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Nickel futures dip on subdued demand
21/02/2018 16:36
Nickel futures were trading lower during the evening trade in the domestic market on Wednesday tracking a weak trend in base metals at the London Metal Exchange (LME) amid muted demand at the domestic spot markets. Market analysts said the fall in nickel prices was mostly in tune with a weak trend in the base metals pack at the LME. Besides, muted demand from alloy-makers at the domestic spot markets weighed on metal prices in futures trade.

At the MCX, nickel futures for February 2018 contract is trading at Rs 874.60 per kg, down by 0.39 per cent, after opening at Rs 878.50, against a previous close of Rs 880.10. It touched the intra-day low of Rs 866.90(at 16:44 hours).

Lead futures dip on subdued demand 21/02/2018

Lead futures dip on subdued demand
21/02/2018


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Lead futures dip on subdued demand
21/02/2018 15:43
Lead futures were trading lower during the afternoon trade in the domestic market on Wednesday as participants reduced their exposure amid subdued demand from consuming industries in the spot market. Marketmen said the weakness in lead futures was due to a sluggish demand from battery-makers at the domestic markets.

At the MCX, lead futures for February 2018 contract is trading at Rs 166.60 per kg, down by 0.83 per cent, after opening at Rs 167, against a previous close of Rs 168. It touched the intra-day low of Rs 166.40(at 15:52 hours).

Zinc futures dip on subdued demand 21/02/2018

Zinc futures dip on subdued demand
21/02/2018


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Zinc futures dip on subdued demand
21/02/2018 14:02
Zinc futures were trading lower during the afternoon trade in the domestic market on Wednesday as speculators trimmed positions amid easing demand in the spot market. Analysts said offloading of positions by participants on the back of tepid demand in the spot markets, mainly led to decline in zinc prices at futures trade.

At the MCX, zinc futures for February 2018 contract was trading at Rs 229.35 per kg, down by 0.89 per cent, after opening at Rs 230.50, against a previous close of Rs 231.40. It touched the intra-day low of Rs 229.35(at 14:02 hours).