SECTIONS
ET APPS
Commodities
LATEST NEWS
- Global banking recovery will stretch to 2023 and beyond: S&P
- Accenture forecasts current-quarter revenue below estimates
- Jio's new post paid plans won't start 'tariff war': Goldman
- Next 2 months look dicey for market as V-shaped recovery hopes fade: Sandip Sabharwal
- Rs 3.91 lakh crore wiped off! Sensex slides for 6th day, down 1,115 points; VIX surges 12%
- Kya lagta hai? This is how D-St analysts see the stocks selloff
- A market correction of 5-10% is okay: BOI AXA
- Stock market crash: Investors lose over Rs 11 lakh crore in 6 days
- PGCIL gets shareholders' nod to raise up to Rs 10,000 cr
Commodity Watch
24 Sep | 05:18PM
FUTURES PRICE(Near month contract prices)
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
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
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?
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.
Top News
Commodity outlook: Natural gas surges; here's how others may fare Gold rate today slips further, near Rs 49,000 mark on weak global trend Palm oil hits two-week low in longest losing streak since June Oil falls on fuel demand growth concerns as coronavirus lingers Gold falls to over two-month low on stronger dollar Oil edges up to $42, eyeing Libya and U.S. inventories Gold touches six-week low as firm dollar dims appeal
Nickel futures slide on tepid demand
Analysts said subdued demand in spot market mainly led to the fall in nickel futures prices.
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.(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
SPOT
COMMODITIES
PLACE
PRICE
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.
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
Commodity outlook: Natural gas surges; here's how others may fare
Here is how SMC Global expects commodities to fare today.
Here is how SMC Global expects commodities to fare today.
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.
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.
India’s cardamom exports plunged 72 per cent year-on-year to 405 tonnes in the six months to September 2019.
Forex Calculator
SPOT
COMMODITIES
PLACE
PRICE
UNIT
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.
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.
SPOT
COMMODITIES
PLACE
PRICE
UNIT
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.
SPOT
COMMODITIES
PLACE
PRICE
UNIT
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
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
SPOT
COMMODITIES
PLACE
PRICE
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.
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.
Quick Links
Commodity Quick Links
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service
