On 14th January 2010 (Friday), the domestic commodity markets were closed with a mixed trend. At MCX future, 3 out of 4 indexes closed with a downward trend. In the MCX future, MCX METAL closed negatively at 4,223.77 after opening at 4,219.24, MCX COMDEX closed at 3,314.93 after opening at 3,313.19 and MCX AGRI closed at 2,817.47 after opening at 2,817.09 while MCX ENERGY closed positively at 2,986.31 after opening at 2,978.16.
At NCDEX, the Dhaanya, an agri commodity benchmark index, is closed at 1,123.35, up by 1.44%.
On the domestic front, Coriander traded higher in future trade yesterday on robust demand. At NCDEX future, Coriander for January contract traded at Rs 5,142, up by 4 per cent, Coriander for February contract traded at Rs 5,474, up by 4 per cent, Coriander for March contract traded at Rs 5,595, up by 4 per cent and Coriander for April contract is traded at Rs 5,641, up by 4 per cent. Total production of coriander in 2010-11 is estimated about 90 lakhs bags and carry over stocks has been estimated 20 lakhs bags.
Silver traded lower in future trade yesterday due to the heavy sell-off by stockists on the back of weakening global trend. At MCX future, Silver M foe February contract traded at Rs 43,714, down by 2.09 per cent, Silver for March contract traded at Rs 43,708, down by 2.09 per cent, Silver for July contract traded at Rs 44,229, down by 2.09 per cent.
Yesterday, at MCX, the top gainers were Nickel for January contract (2.31%), Nickel for February contract (2.02%), Lead for January contract (1.87%), Nickel for March contract (1.78%) and Lead Mini for January contract (1.70%)
The top losers at MCX were Platinum for June contract (-4.00%), Silver for September contract (-2.33%), Silver for March contract (-2.09%), Silver M for February contract (-2.09%) and Silver for July contract (-2.09%)
Yesterday, at NCDEX, the top gainers were Coriander for January contract (4.0%), Coriander for February contract (4.0%), Coriander for March contract (4.0%), Coriander for April contract (4.0%) and Guar Gum for February contract (3.2%)
The top losers at NCDEX were Steel Long for May contract (-2.7%), Steel Long for January contract (-2.4%), Silver for March contract (-2.2%), Steel Long for February contract (-2.2%) and Barley for April contract (-2.0%)
Yesterday, at MCX, the top traded commodities in terms of quantity were Crude Oil for January contract with 1,40,366 lots, Silver M for February contract with 1,21,517 lots, Copper for February contract with 1,07,991 lots, Silver for March contract with 1,01,174 lots and Nickel for January contract with 50,931 lots.
On the domestic arena, at MCX, Crude Oil for January contract traded at Rs 4,149.00. Gold for February contract traded at Rs 20,249.00, Gold M for February contract traded at Rs 20,254.00. Silver for March contract traded at Rs 43,708.00. Natural gas for January contract closed at Rs 204.10.
In the international market, Gold prices dropped in New York to the lowest settlement price in seven weeks on speculation that European Union leaders will stabilize the region’s economy, eroding the appeal of the metal as a haven.
Gold futures for February delivery dropped USD 26.50, or by 1.9 per cent, to settle at USD 1,360.50 an ounce at 1:37 P.M. on the Comex in New York, the lowest closing price since November 22nd 2010. In the same manner, Silver futures for March delivery dropped 94.3 cents, or 3.2 per cent, to USD 28.32 an ounce, the lowest settlement price since December 8th 2010.
No comments:
Post a Comment