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Commodity Watch

24 Sep | 05:18PM
FUTURES PRICE

(Near month contract prices)
Guar Seed futures decline on low demand

Guar Seed futures decline on low demand

Marketmen attributed the downward trend in guar seed prices to increasing supplies from growing regions.

Cottonseed oil cake futures slide on soft demand

Cottonseed oil cake futures slide on soft demand

On the National Commodity and Derivatives Exchange, cottonseed oil cake for December delivery fell by Rs 19, or 1.03 per cent, to Rs 1,825 per quintal with an open interest of 17,560 lots.

Zinc futures down on muted demand

Zinc futures down on muted demand

Analysts said offloading of positions by participants owing to slackened demand from consuming industries in the physical market mainly weighed on zinc prices here.

Gold, silver in free fall. How much more can prices decline?

Gold, silver in free fall. How much more can prices decline?

This could be the right time to buy gold in a staggered manner as analysts believe the yellow metal will reclaim its recent highs in the long run.

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Calendar Spread

(Far - Near month contract)
Commodities
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.
1651
Graph
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.
164.6
153.9
10.70
1700.0
1595.0
105.00
17950.0
17470.0
480.00
57325.0
56147.0
1178.00
57295.0
56147.0
1148.00
526.25
516.9
9.35
2956.0
2936.0
20.00
4986.0
4981.0
5.00
Disclaimer:These Strategies are not ET recommended its a market overview.

Hot/Cold Contract

 
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UNIT
Gold, silver in free fall. How much more can prices decline?
This could be the right time to buy gold in a staggered manner as analysts believe the yellow metal will reclaim its recent highs in the long run.
SPOT
COMMODITIES
PLACE
PRICE
UNIT
Zinc futures down on muted demand
Analysts said offloading of positions by participants owing to slackened demand from consuming industries in the physical market mainly weighed on zinc prices here.
SPOT
COMMODITIES
PLACE
PRICE
UNIT
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.
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Crude palm oil becomes India's largest traded farm contract
According to data sourced from the Multi Commodity Exchange’s (MCX) website, the average daily turnover in the crude palm oil contract was Rs 273.60 crore. The daily volume averaged 39,068 tonnes, or over 5 per cent of the country’s monthly imports.
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COMMODITIES
PLACE
PRICE
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Masks, surgical gowns & export boost the prices of organic cotton
Usually organic cotton fetches a premium of Rs 1000 per candy in comparison to Bt cotton of similar quality, but currently companies were paying a premium of over Rs 2500 per candy in Maharashtra and Gujarat mantis, said millers
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COMMODITIES
PLACE
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UNIT
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.

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