Sunday, January 30, 2011

Commodity Tips Free Trial

At NCDEX future, the Dhaanya, an agri commodity benchmark index, is closed at 1,156.57, up by 1.53%.

On the domestic front, Sugar prices increased modestly in future trade yesterday due to bargain buying by speculators. At NCDEX future, Sugar M Grade for February contract traded at Rs 2,793.00, up by 0.94, Sugar M Grade for March traded at Rs 2,881.00, up by 0.66 per cent and Sugar M Grade for April contract traded at Rs 2,974.00, up by 0.81 per cent. (At
11:53 P.M yesterday)

Refined Soya Oil traded higher in future trade yesterday on pick up in demand in the spot market, following the ongoing marriage season. At NCDEX future, Refined Soya Oil for February contract traded at Rs 653.10, up by 0.17 per cent, Refined Soya Oil for March contract traded at Rs 660.50, up by 0.43 per cent and Refined Soya Oil for April contract traded at Rs 665.40, up by 0.66 per cent. (At
11:53 P.M yesterday) 

The top losers at NCDEX future were Silver for May contract (-2.8%), Barley for March contract (-2.2%), Guar Gum for July contract (-2.0%), Gold 100 Grams for February contract (-1.5%) and Barley for May contract (-1.4%)

On the domestic arena, at NCDEX future, Gold for February contract traded at Rs 20,053.00, up by 1.83 per cent. Silver for March contract traded at Rs 43,300.00, up by 3.33 per cent. Sugar M Grade for February contract traded at Rs 2,793.00, 0.94 per cent. (At
11:53 P.M yesterday)

The top gainers at NCDEX future are Castor Seed for March contract (4.0%), Castor Seed for February contract (4.0%), Chilli for March contract (4.0%), Chilli for April contract (4.0%) and Coriander for February contract (4.0%). (At
5.09 P.M today)

On the domestic front, Forward Markets Commission (FMC) permitted Multi Commodity Exchange of India (MCX) to launch iron ore futures contract. MCX will start trading iron ore futures contract from today, making it
India''s first commodity exchange to launch the contract.

According to Agriculture minister Narendra Singh,
Bihar government will provide all possible help needed for experimentation and cultivation of new vegetables and fruit.

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