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Commodity Watch

20 Jan | 03:47AM
FUTURES PRICE

(Near month contract prices)
Gold firm but on track for biggest weekly fall in 2 months

Gold firm but on track for biggest weekly fall in 2 months

US gold futures rose 0.3 per cent to $1,555.40.

Oil ends week steady as China growth offsets trade deal optimism

Oil ends week steady as China growth offsets trade deal optimism

Brent crude futures were up 44 cents at $65.06 by 1014 GMT.

Agri Commodities: Cottonseed, coriander, guar gum gain in futures trade amid high demand

Agri Commodities: Cottonseed, coriander, guar gum gain in futures trade amid high demand

Cottonseed oil cake prices on Friday jumped by Rs 21 to Rs 2,083 per quintal in futures trade.

Base Metals: Nickel, copper edge up in futures amid high demand

Base Metals: Nickel, copper edge up in futures amid high demand

Nickel prices on Friday edged up by Rs 5.30 to Rs 1,020.50 per kg in futures trade.

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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.
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.
36000.0
34815.0
1185.00
19900.0
19340.0
560.00
4101.4
4025.0
76.40
46777.0
46527.0
250.00
46762.0
46527.0
235.00
1070.0
1065.5
4.50
39971.0
39804.0
167.00
142.8
142.3
.50
4150.0
4142.0
8.00
185.1
184.8
.30
Disclaimer:These Strategies are not ET recommended its a market overview.

Hot/Cold Contract

 
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It’s another dull year for cardamom
A surge in prices after a twomonth gap has put an end to a revival in shipments.
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Mentha oil slips on muted spot demand
Around 10:30 am, MCX Mentha oil was at Rs 1,271.20 per kg, down Rs 3, or 0.24 per cent.

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