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- Britannia Q4 results: Profit rises 32% to Rs 381 crore; revenue up 2%
- Hummingbird Resources joins WGC's board of members
- Which sectors should you focus on to build your portfolio?
- Outlook for next 6-9 months is quite bearish: Shapoorji Pallonji
- Crude oil prices rise before Opec+ meeting about extending output cuts
- Sensex jumps 522 pts, posts longest winning run in 7 months on hopes of economic recovery
- High-frequency indicators signalling a collapse ahead for many sectors: Nomura economist
- Gold prices slip on strong equities; trade jitters, US unrest limit losses
- Received good response to RTM, says IEX
Commodity Watch
02 Jun | 05:19PM
FUTURES PRICE(Near month contract prices)
Hummingbird Resources joins WGC's board of members
As part of joining the World Gold Council, the company has agreed to adopt and adhere to the Responsible Gold Mining Principles.
Crude oil prices rise before Opec+ meeting about extending output cuts
US West Texas Intermediate (WTI) crude climbed 2 per cent, or 72 cents, to $36.16 a barrel.
Gold prices slip on strong equities; trade jitters, US unrest limit losses
US gold futures were steady at $1,750.
Received good response to RTM, says IEX
The real time market traded 3.41 million units of volume in 48 auction sessions on day one of the launch.
Top News
Gold prices today flat as traders remain in wait and watch mode Oil prices hold ground ahead of Opec+ meeting on extended output cuts Gold edges lower as economies open up mjunction conducts first e-auction on new tea e-marketplace at Jorhat Saudi Arabia may raise July oil prices to Asia: Survey BSE launches options on gold mini, silver kg Crude oil prices drop as US-China tension escalates
Trading hours for agri-commodities revised to 9 am-9 pm
The revised timing has come into effect from Tuesday, the exchange said in a circular.
Calendar Spread
(Far - Near month contract)
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SPREAD (Rs)
CHART (Day)
Calendar Spread
(Far - Near month contract)
Calendar Spread means entering a long and short position on the same underlying asset futures but with different delivery months. The strategy to play with calendar spread is to understand how much premium/discount two different contracts are trading at.(Far - Near month contract)
Disclaimer:These Strategies are not ET recommended its a market overview.
(Near Month Futures - Spot Price)
COMMODITIES
FUTURES (Rs)
SPOT (Rs)
PREM/DISC
Calender Spread
Premium = Futures Price > Spot Price
Discount = Futures Price < Spot Price
Its relevance in derivatives market is to understand the trend whether it’s bullish or bearish. Moreover it helps arbitrageurs and hedgers to decide on cost of carry.Premium = Futures Price > Spot Price
Discount = Futures Price < Spot Price
Disclaimer:These Strategies are not ET recommended its a market overview.
Hot/Cold Contract
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Crude oil prices rise before Opec+ meeting about extending output cuts
US West Texas Intermediate (WTI) crude climbed 2 per cent, or 72 cents, to $36.16 a barrel.
US West Texas Intermediate (WTI) crude climbed 2 per cent, or 72 cents, to $36.16 a barrel.
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Base metals: Nickel, copper futures slide on weak demand
Analysts said subdued demand in spot market mainly led to fall in nickel prices.
Analysts said subdued demand in spot market mainly led to fall in nickel prices.
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High local prices may hit cardamom exports
India’s cardamom exports plunged 72 per cent year-on-year to 405 tonnes in the six months to September 2019.
India’s cardamom exports plunged 72 per cent year-on-year to 405 tonnes in the six months to September 2019.
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Malaysia cuts crude palm oil export duty for May to 4.5%
The world's second-largest producer and exporter of palm oil calculated a reference price of 2,460.89 ringgit per tonne.
The world's second-largest producer and exporter of palm oil calculated a reference price of 2,460.89 ringgit per tonne.
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Soybeans recover from 3-1/2-week low; wheat faces headwinds
Wheat prices were little changed after two sessions of losses, while corn ticked higher.
Wheat prices were little changed after two sessions of losses, while corn ticked higher.
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ICE cotton falls on spike in virus cases
The USDA on Thursday projected US cotton plantings at 12.5 million acres in 2020.
The USDA on Thursday projected US cotton plantings at 12.5 million acres in 2020.
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Mentha oil price hits season low; outlook bearish
Stocks of mentha oil at MCX-accredited warehouse declined to 77,799.35 kg by February 11 against 88,601.70 kg a week earlier.
Stocks of mentha oil at MCX-accredited warehouse declined to 77,799.35 kg by February 11 against 88,601.70 kg a week earlier.
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