subject: Intraday Free Mcx Commodity Trading Tips [print this page] The crude oil reserves in the United States have seen growth than expected. At the same time Iraq has promised not to close the Strait of Hormuj. Iran's Nuclear Hormuj Progrom and to close the Strait of Iraq next month to have an International Diplomatic Gedring.
Crude oil prices declined. MCX crude oil and the selling pressure on Naimeks. Despite weakness in the rupee against the dollar in oil pressure could be clearly seen. On MCX, crude oil is trading at Rs 5370 with lethargy.
Is being witnessed selling pressure on gold. Decline in the international market is seeing an impact on the domestic market. Weakness in the rupee against the dollar from gold is not getting any support. 0.1 per cent fall on mcx tips gold has come down to Rs 28,500. Rs 56,000 with a decline of 0.15 per cent, while silver is down.
MCX denies any involvement in the base metals is being witnessed. On MCX Aluminum, Copper and zinc have been strong in the 0.1 to 0.25 per cent. While on MCX Nickel and lead have declined slightly. MCX Natural Gas 1 per cent fall is trading at Rs 101.90.
Despite the projected increase in sugar production has recovered its costs. NCDEX April futures have risen close to Rs 2,800. The May futures price has crossed Rs 2,850. According to government estimates nearly 255 million tonnes of sugar this year, the country can produce.
The decline in international commodity markets, the effect of silver in the domestic market is also being witnessed. Silver on MCX has come down to Rs 50,000.
Currently, 2.2 per cent fall on MCX silver updates is trading at Rs 49,500. With 0.5 per cent on MCX gold is trading at Rs 27 100. Do you see a slight decline in crude oil. Crude oil slipped 0.2 per cent to Rs 5,300 on MCX is trading around.
Copper declined in terms of base metals. Copper dropped 0.5 percent on MCX is trading close to Rs 398. Although nickel has recovered strongly from 0.2 per cent and is trading at Rs 956.60. Zinc has a 0.4 per cent and is trading at Rs 96.45.
Agri commodities in terms of castor seed has 2 per cent. Gram has declined marginally. Guar gum and guar seed have gone up by 1.5 per cent. NCDEX 3 per cent in the cotton looks. There is a strength of 1 per cent in soybeans.
International commodity markets have witnessed a sense of lethargy. Crude oil fluctuation is being witnessed. Continues to decline in the gold and silver.
Crude oil has gone up. Prices have risen to Rs 5,400 on mcx tips . Stand fast in the international market. Naimeks price of crude oil has exceeded $ 100. Reserves of crude in the United States is projected to decline. He warned Iran that if it is unfair to Hrmug strait way he will stop the supply of crude oil.
Gold and silver trading is slow today. MCX gold and silver have seen a decline in volume. Business in international markets is weak. MCX gold updates has been around Rs 27 650. Silver has been around Rs 52 700. MCX has remained firmly in the base metals but zinc and lead are now looking lethargy.
Agri commodities in terms of soybean has recovered strongly. About 1.5 percent above the January soybean futures on NCDEX is trading. The February futures price has crossed Rs 2,500. The rising price of soybeans in the United States and China in the domestic market is witnessing rapid in soybean.
by: Ctcalls
welcome to Insurances.net (https://www.insurances.net)
