Mentha oil futures up on surging demand 08/12/2017

Mentha oil futures up on surging demand
08/12/2017


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Mentha oil futures up on surging demand
08/12/2017 16:26
Mentha oil futures were trading higher during the evening trade in the domestic market on Friday 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 December 2017 contract was trading at Rs 1892.30 per kg, up by 1.73 per cent, after opening at Rs 1872, against the previous closing price of Rs 1860.10. It touched the intra-day high of Rs 1915.90(at 16:30 hours).

White metal dips on weak global cues 08/12/2017

White metal dips on weak global cues
08/12/2017


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White metal dips on weak global cues
08/12/2017 15:00
Silver futures were trading lower during the afternoon trade in the domestic market on Friday as participants engaged in trimming their positions taking weak cues from global market.
Marketmen attributed the fall in silver prices at futures trade to a weak trend in the precious metals overseas and profit-booking by participants at existing levels.
At the MCX, silver futures for March 2017 contract was trading at Rs 36980 per kg, down by 0.15 per cent, after opening at Rs 37,000, against a previous close of Rs 37,036. It touched the intra-day low of Rs 36,926(at 15:05 hours).

Zinc futures up on pick-up in demand 08/12/2017

Zinc futures up on pick-up in demand
08/12/2017


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Zinc futures up on pick-up in demand
08/12/2017 14:28
Zinc futures were trading higher during the afternoon trade in the domestic market on Friday as speculators created fresh positions on pick-up in demand from consuming industries at the spot markets.
Market analysts attributed the rise in zinc futures to fresh bets created by participants on the back of rising demand at the domestic spot market.
At the MCX, zinc futures for December 2017 contract was trading at Rs 199.35 per kg, up by 0.23 per cent, after opening at Rs 199.85, against a previous close of Rs 198.90. It touched the intra-day high of Rs 200.60(at 14:35 hours).

Nickel futures up on increasing demand 08/12/2017

Nickel futures up on increasing demand
08/12/2017


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Nickel futures up on increasing demand
08/12/2017 13:03
Nickel futures were trading higher during the afternoon trade in the domestic market on Friday as participants widened their bets, driven by pick-up in demand in the spot market.
Analysts attributed rise in nickel futures to building-up of positions by traders due to pick up in demand from alloy- makers in the spot market.
At the MCX, nickel futures for December 2017 contract is trading at Rs 711.80 per kg, up by 0.24 per cent, after opening at Rs 713.70, against a previous close of Rs 710.10. It touched the intra-day high of Rs 715.10(at 13:07 hours).

Gold futures slide on weak global cues, profit-booking 08/12/2017

Gold futures slide on weak global cues, profit-booking
08/12/2017


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Gold futures slide on weak global cues, profit-booking
08/12/2017 12:10
Gold futures were down in the domestic market on Friday as participants cut their bets amid a weak global trend.
Profit-booking by speculators also weighed on gold prices.
Analysts attributed the fall in gold prices at futures trade to a weak trend overseas where gold is heading for the biggest weekly drop since May as investors anticipate higher US interest rates, and progress on tax reform buoys the dollar, eroding safe-haven appeal of the precious metal.
At the MCX, gold futures for February 2018 contract is trading at Rs 28578 per 10 grams, down by 0.31 per cent, after opening at Rs 28650, against a previous close of Rs 28667. It touched the intra-day low of Rs 28566 (at 12:13hours).

Lead futures up on surging demand 08/12/2017

Lead futures up on surging demand
08/12/2017


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Lead futures up on surging demand
08/12/2017 12:00
Lead futures were trading higher during the afternoon trade in the domestic market on Friday as participants created fresh positions, taking positive cues from spot market on pick-up in demand.
Marketmen said building up of positions by traders backed by upsurge in demand from battery-makers at domestic spot market, supported the upside in lead prices at futures trade.
At the MCX, lead futures for December 2017 contract is trading at Rs 158.85 per kg, up by 0.86 per cent, after opening at Rs 158.85, against a previous close of Rs 157.50. It touched the intra-day high of Rs 159.20(at 12:04 hours).

Cardamom futures down on subdued demand 08/12/2017

Cardamom futures down on subdued demand
08/12/2017


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Cardamom futures down on subdued demand
08/12/2017 11:01
Cardamom futures were trading lower during the morning trade in the domestic market on Friday as speculators booked profits at prevailing levels amid easing demand in the spot market. Analysts said besides profit booking by participants at existing level, fall in demand against adequate stocks position, mainly led to decline in cardamom prices at futures trade. At the MCX, cardamom futures for January 2017 contract was trading at Rs 1044 per kg, down by 0.15 per cent, after opening at Rs 1043.90, against a previous close of Rs 1045.60. It touched the intra-day low of Rs 1043.90(at 11:03 hours).

Mentha oil futures up on rising demand 08/12/2017

Mentha oil futures up on rising demand
08/12/2017


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Mentha oil futures up on rising demand
08/12/2017 10:18
Mentha oil futures were trading higher during the morning trade in the domestic market on Friday 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 December 2017 contract was trading at Rs 1867 per kg, up by 0.37 per cent, after opening at Rs 1872, against the previous closing price of Rs 1860.10. It touched the intra-day high of Rs 1873.10(at 10:25 hours).

Silver down on weak global cues 08/12/2017

Silver down on weak global cues
08/12/2017


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Silver down on weak global cues
08/12/2017 07:43
Silver futures closed lower in the domestic market on Thursday as participants engaged in trimming their positions taking weak cues from global market. Marketmen attributed the fall in silver prices at futures trade to a weak trend in the precious metals overseas and profit-booking by participants at existing levels. At the MCX, silver futures for March 2017 contract closed at Rs 37,058 per kg, down by 1.03 per cent, after opening at Rs 37,469, against a previous close of Rs 37,444. It touched the intra-day low of Rs 36,992.

Gold dips on rising US stocks 08/12/2017

Gold dips on rising US stocks
08/12/2017


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Gold dips on rising US stocks
08/12/2017 07:43
Gold futures closed lower in the domestic market on Thursday as bitcoin surged and U.S. stocks traded broadly higher. Investors await the nonfarm-payroll report due Friday for clues on the U.S. Federal Reserve’s path on interest-rate hikes. Higher rates are typically a negative factor for nonyielding bullion, while also boosting the dollar, making U.S.-priced gold less attractive to investors using another currency. At the MCX, gold futures for February 2017 contract ended at Rs 28668 per 10 grams, down by 1.03 per cent, after opening at Rs 28,916 against a previous close of Rs 28,967. It touched the intra-day low of Rs 28,653.

Crude oil rises on rising crude production 08/12/2017

Crude oil rises on rising crude production
08/12/2017


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Crude oil rises on rising crude production
08/12/2017 07:42
Crude oil futures closed higher in the domestic market on Thursday as the market’s focus continued to be on rising U.S. crude production. The U.S. Energy Information Administration released weekly data showing a 6.8 million barrel increase in gasoline inventories for the week ended Dec. 1, as well as record U.S. crude production of 9.7 million barrels a day for last week. At the MCX, crude oil futures for December 2017 contract closed at Rs 3659 per barrel, up by 0.60 per cent, after opening at Rs 3625, against a previous close of Rs 3637. It touched the intra-day high of Rs 3660.

Lead futures dip on subdued demand 07/12/2017

Lead futures dip on subdued demand
07/12/2017


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Lead futures dip on subdued demand
07/12/2017 17:00
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 December 2017 contract is trading at Rs 162.40 per kg, down by 0.09 per cent, after opening at Rs 161.60, against a previous close of Rs 162.55. It touched the intra-day low of Rs 160.35(at 17:06 hours).

Cardamom futures dip on subdued demand 07/12/2017

Cardamom futures dip on subdued demand
07/12/2017


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Cardamom futures dip on subdued demand
07/12/2017 16:00
Cardamom futures were trading lower during the evening trade in the domestic market on Thursday as speculators booked profits at prevailing levels amid easing demand in the spot market.
Analysts said besides profit booking by participants at existing level, fall in demand against adequate stocks position, mainly led to decline in cardamom prices at futures trade.
At the MCX, cardamom futures for December 2017 contract was trading at Rs 980 per kg, down by 0.21 per cent, after opening at Rs 970, against a previous close of Rs 982.10. It touched the intra-day low of Rs 970(at 16:05 hours).

White metal dips on weak global cues 07/12/2017

White metal dips on weak global cues
07/12/2017


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White metal dips on weak global cues
07/12/2017 15:22
Silver futures were trading lower during the afternoon trade in the domestic market on Thursday as participants engaged in trimming their positions taking weak cues from global market.
Marketmen attributed the fall in silver prices at futures trade to a weak trend in the precious metals overseas and profit-booking by participants at existing levels.
At the MCX, silver futures for March 2017 contract was trading at Rs 37320 per kg, down by 0.33 per cent, after opening at Rs 37,469, against a previous close of Rs 37,444. It touched the intra-day low of Rs 37,264(at 15:23 hours).

Zinc futures dip on subdued demand 07/12/2017

Zinc futures dip on subdued demand
07/12/2017


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Zinc futures dip on subdued demand
07/12/2017 14:04
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 December 2017 contract was trading at Rs 199.70 per kg, down by 0.08 per cent, after opening at Rs 201, against a previous close of Rs 199.85. It touched the intra-day low of Rs 199.05(at 14:03 hours).