Higher arrivals drag turmeric prices | Agri Commodity Price

Prices of turmeric have been under stress in the near-term as a consequence of higher arrivals in the terminal markets and lower exports. On the other hand, the fundamentals support a strong market based on reports that turmeric production in Tamil Nadu, Telengana and Andhra would be lower than last season. NCDEX Turmeric’s spot prices on Mond…

MCX Cardamom under fresh selling seen in, Commodity Online

Cardamom on Multi Commodity Exchange (MCX) is on fresh selling, since market has witnessed gain in open interest by 0.84 percent to settle at 362. The price of cardamom on Multi Commodity Exchange was settled down by -0.1% at 1,054 amid good arrivals in the auctions at the Southern states. The delayed monsoon in south-west regions has helped lift u…

Commodity Tips- Base Metals Copper and Crude oil future, MCX Gold prices

Copper futures ended on lower note on Wednesday, followed by unsatisfactory Chinese data on industrial output. Copper futures for December delivery plunged 0.35 to settle at USD 3.055 a pound on the Comex metals division of NY Mercantile Exchange, while on the LMX ended up 0.2% at USD 6,773 a metric ton Sequentially, Gold futures dropped during th…

30/12/13 Gold silver updates| Today MCX tips

After a week off commodity market open in mixed variation, hot gold and silver prices open in red zone. Gold for February contract open bit low of Friday close to 28551, in today morning trade gold prices expected in sideways trend. S1: 28400 S1: 28315 R1: 28630 R2: 28750 white metal silver declined sharply on morning trade after open at 44829 a…