Live Commodities Prices

Live Commodities Prices :

# Market Trading Time

Mondays through Fridays is 10:00 A.M. to 11:30 P.M. IST(GMT +5:30) On Saturdays it is 10:00 A.M. to 02:00 P.M. IST(GMT +5:30)

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             Live Commodities Prices


#Commodities Trade Tips 22/03/2019
  • Mentha Oil trading range for the day is 1631-1654.2.
  • Mentha Oil spot at Sambhal closed at 1719.70 per 1kg. Spot prices was up by Rs.3.20/-.
  • Mentha Oil settled up amid improved demand from consuming industries at the domestic spot market.
  • Further, lower arrivals from major producing belts of Chandausi in Uttar Pradesh also supporting prices.
  • However, upside seen limited amid expectations of higher acreage under mint in 2019 due to lucrative prices throughout last year.
  • Aluminium trading range for the day is 143.3-147.5.
  • Aluminium dropped on profit booking after prices gained amid decline of some 20,000 mt in social inventories of primary aluminium in China.
  • There were also report that Rio Tinto suspended operations at its bauxite mine in north Australia due to a cyclone.
  • China produced some 2.97 million mt of primary aluminium in January, down 0.5% from January 2018, and down 0.7% from December.

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  • # MCX Nickel under fresh buying; Resistance seen at 907.8
  • # MCX Aluminium likely to move in a range of 133.3-136.1
  • # MCX Mentha Oil under fresh selling; Support seen at 1575.6

# In fact Natural Gas showcase is getting support at 188.7 and underneath same could see a trial of 185.8 dimensions and opposition is presently prone to be seen at 193.4, a move above could see costs testing 195.2.Gaseous petrol on MCX settled up 1.86% at 191.60 picked up in the line of desire costs revived on Thursday following a bigger than anticipated attract inventories. Colder than anticipated climate is figure to cover a large portion of the US for the following 2-weeks.

The virus climate design is moving down from Canada into the mid-west of the US and gives off an impression of being steady for both the 6-10 and 8-multi day conjectures. The decrease away dimension extends a declining direction of inventories.

The DOE revealed that working gas away was 1,705 Bcf as of Friday, February 15, 2019. This speaks to a net decline of 177 Bcf from the earlier week. Desires where for a 150 Bcf decrease as indicated by Estimize and a 168 Bcf decay as per Bloomberg.

The EIA reports that petroleum gas inventories were 73 Bcf not exactly a year ago as of now and 362 Bcf underneath the five-year normal of 2,067 Bcf. At 1,705 Bcf, the all out working gas is inside the five-year authentic range.

One Reply to “Live Commodities Prices”

  1. Nice read, I just passed this onto a friend who was doing a little research on that. And he actually bought me lunch because I found it for him smile So let me rephrase that: Thank you for lunch! “Without friends no one would choose to live, though he had all other goods.” by Aristotle.

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