Thursday, March 24, 2011

Commodity Market Tips

Raw oil commodity prices are trading with negative note on the back of following vulnerable international hints. May commodity slipped as much as 0.60% to $105.11 per boxes on the New You are able to Mercantile Exchange (NYMEX) due to larger increase in U.S. oil stockpiles the other day that ease the concern over risks to resources from the assault in Libya and the Middle Eastern.
The Energy Information Management (EIA) revealed last night oil selections improved by 2.1 thousand boxes to 352.8 thousand boxes in the weeks time finished Goal 18, 2011. A 1.7 thousand boxes was predicted to rise.

At Multiple Investment Change (MCX), raw oil upcoming for May agreement is dealing at Rs. 4,748.00 per gun barrel, up by 0.46%, after starting at Rs. 4,766.00 against the past near cost of Rs. 4,770.00. It moved the intra-day low of Rs. 4,741.00 until the dealing. (At 11:10 AM today).

At NYMEX, raw oil for May agreement is dealing at $105.43 per boxes, down by 32 cent, after starting at $105.52 against the past near cost of $105.75. It moved the intra-day low of $105.11 with a business variety of 4,748 plenty until the automated dealing. (At 11:09 AM today).

At Multiple Investment Change (MCX), special metal upcoming for May agreement is dealing with stable observe at Rs. 20,980.00 per 10 h, down by 0.16%, after starting at Rs. 21,001.00 against the past near cost of Rs. 21,013.00. It moved the intra-day higher of Rs. 21,001.00 until the dealing. (At 11:08 AM today).

At COMEX, special metal upcoming for May agreement is dealing at $1,438.6 per ounces, up by 60 dollars, after starting at $1,438.0 against the past near cost of $1,438.0. It moved the intra-day higher of $1,439.5 per ounces with a business variety of 7,236 plenty until the automated dealing. (At 11:07 AM today).
Silver for May agreement, at MCX, is dealing at Rs. 55,506.00 per kg, up by 0.01%, after starting at Rs. 55,555.00 against the past near cost of Rs. 55,498.00. It moved the intra-day higher of Rs. 55,582.00 until the dealing. (At 11:06 AM today).

Copper for May agreement, at MCX, is dealing at Rs. 438.60 per kg (down by 0.58%) after starting at Rs. 440.05 against the past near cost of Rs. 441.15 with intra-day higher of Rs. 440.05 until the dealing. (At 11:04 AM today).

At Multiple Investment Change (MCX), normal gas upcoming for Goal agreement is dealing at Rs. 194.60 per mmBtu, up by 0.93%, after starting at Rs. 194.00 against the past near cost of Rs. 192.80 per mmBtu. It moved the intra-day higher of Rs. 194.80 until the dealing. (At 11:02 AM today).

Today, normal gas commodity prices will take hints from the international industry as the Energy Information Administration (EIA) has planned to release normal gas selections report at 09:00 PM IST.
On Twenty third Goal 2011 (Wednesday), the home commodity markets shut with a optimistic observe.
Most of the spiders, at MCX, shut in the optimistic location compared to the past near cost except MCXAGRI. Last night, at MCX upcoming, MCXCOMDEX shut at 3,545.75 (up by 1.07%), MCXMETAL shut at 4,523.02 (up by 1.58%), MCXENERGY shut at 3,323.27 (up by 1.15%) and MCXAGRI shut at 2,745.08 (down by 0.77%).

Yesterday, special metal and gold coins shut with optimistic observe in the home industry on the back of following firm international hints. Silver upcoming for May agreement increased as much as 0.66% to Rs. 21,045.00 per 10 h, while gold for May agreement rose as much as 2.30% to Rs. 55,543.00 per kg on the Multiple Investment Change (MCX).
Gold for May upcoming advanced as much as 0.95% to $1,441.2 per ounces on the COMEX on concern over the debts turmoil in Western countries and governmental assault in Libya increased the demand for special metal and gold coins as a money of protection.

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