Commodity Tips Advisory

International crude oil traded above $ 98 with half per cent is. On Tuesday, crude oil in the domestic market with a gain of 1.5 per cent to close at Rs 4851. 

Copper on the London Metal Exchange ended has seen. Copper in the domestic market on Tuesday with nearly half a per cent to close at Rs 420. 

Pressure on crude oil prices continues. On commodity, crude oil fell 0.5 per cent on 4746 levels. Natural gas is close to Rs 126 with a gain of 1.25 per cent.

 

Gold is trading at Rs 27 942 is ended. However, silver is the nearly 0.5 per cent at Rs 56235.

Base metals business is vulnerable. Copper, nickel, lead, zinc is in the 0.5 to 0.8 per cent. 

Agri commodities have gone up in the cardamom 2.5-3 per cent. Cardamom export demand because prices have gone up to Rs 700. Coriander and red pepper in a 3 percent decline. 

Gold - Silver in the early weakness is intact. MCX gold is trading at Rs 27 980. With pressure in the silver business is being seen at Rs 56 400.

 

Crude oil is traded in sluggish. Slight decline in the domestic market with crude oil is trading at Rs 4763. Naimaks slowdown in crude oil is still on. 

The initial decline in base metals is still intact. Copper and nickel are seeing a decline of half per cent. The lead, zinc and aluminum are also broken from 0.20 to 0.30. 

Red pepper has gone down today. Red pepper futures on NCDEX is trading at around 1 per cent.

Posted in: Commodity-Tips-Advisory