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Commodity Watch

18 Dec | 07:00PM
FUTURES PRICE

(Near month contract prices)
Gold rallies on positive global cues, jewellers' buying

Gold rallies on positive global cues, jewellers' buying

Globally, gold traded 0.16 per cent higher at USD 1,248.20 an ounce in New York.

Agriwatch: Coriander, chana and castor dip in futures market

Agriwatch: Coriander, chana and castor dip in futures market

Chana prices dipped 1.41 per cent to Rs 4,488 per quintal in futures trade.

Commodity outlook: How to play with gold, silver, crude oil and base metals today

Commodity outlook: How to play with gold, silver, crude oil and base metals today

​​ Jeera futures (Jan) is expected to plunge further towards Rs 18250-18100.

Gold Rate Today: Gold, silver down in morning trade

Gold Rate Today: Gold, silver down in morning trade

Gold can take support near Rs 31,485 levels and can face resistance near Rs 31,800 levels.

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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.
2500
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.
1520.0
1417.3
102.70
5430.0
5083.0
347.00
13200.0
12417.0
783.00
261.2
252.9
8.30
511.2
504.0
7.20
37595.0
37073.0
522.00
37546.0
37073.0
473.00
21540.0
21380.0
160.00
137.4
137.0
.40
137.35
137.0
.35
Disclaimer:These Strategies are not ET recommended its a market overview.

Hot/Cold Contract

 
SPOT
COMMODITIES
PLACE
PRICE
UNIT
ICEX to allow trading in pepper, cardamom
At a meeting ICEX held with the black pepper traders, it was suggested that the trading lot and delivery unit of pepper contracts be changed from 100 kg to 1 tonne.
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SPOT
COMMODITIES
PLACE
PRICE
UNIT
Rubber output, import may be at same level this year
But the sliding local prices, tracking the global trend, may discourage small growers from regular tapping.
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COMMODITIES
PLACE
PRICE
UNIT
Muted demand drags down mentha oil futures 0.08%
Mentha this month traded lower by Rs 1.40, or 0.08 per cent, to Rs 1,733.10 per kg.