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Mentha oil futures were trading higher during the morning trade in the domestic market on Monday amid pick-up in demand at domestic spot market and restricted supplies from producing regions. Market analysts said fresh positions built up by traders following pick-up in demand from consuming industries in the spot market against restricted supplies from Chandausi, led to the rise in mentha oil prices in futures trade.   At the MCX mentha oil futures for April 2018 contract was trading at Rs 1509 per kg up by 0.63 per cent after opening at Rs 1509.80 against the previous closing price of Rs 1499.60. It touched the intra-day high of Rs 1509.80.    Get Commodity Tips So Give A Missed Call @ 9039001060 And Like This Page >> Investment Visor .

Lead futures were trading higher during the afternoon trade in the domestic market on Monday as participants created fresh positions, taking positive cues from spot market on pick-up in demand. Building up of positions by traders backed by upsurge in demand from battery-makers at domestic spot market, supported the upside in lead prices at futures trade.   At the MCX, lead futures for April 2018 contract is trading at Rs 156.70 per kg, up by 0.06 per cent, after opening at Rs 156.30, against a previous close of Rs 156.60. It touched the intra-day high of Rs 158.10.   Get Commodity Tips So Give A Missed Call @ 9039001060 And Like This Page >> Investment Visor .

India has registered a 2.46% rise in crude steel production in the last quarter of 2017-18. As per data compiled by the Joint Plant Committee (JPC), the country has produced 26.363 million tonnes (MT) of crude steel in January - March 2017-18 compared to production of 25.729 MT during the January-March period of 2016-17.   The country’s crude steel output stood at 8.778 MT in January 2018, as against 8.811 MT during the same month a year ago. In the following month, the production was at 8.506 MT, compared to 8.154 MT in February 2017. During last month, the output stood at 9.079 MT, higher from 8.764 MT in the same month previous fiscal.   India has set a production target of 300 MT by the year 2030. Last year, the Cabinet approved the National Steel Policy (NSP) that aims to achieve steelmaking capacity of 300 MT by 2030 with an additional investment of Rs 10 lakh crore.   Get Commodity Tips So Give A Missed Call @ 9039001060 And Lik...

Gold futures traded marginally higher on Monday, backed by the cautiousness spread due to the report which said that US economy slowed in the first quarter as consumer spending grew at its weakest pace in nearly five years. However, the yellow metal pares some gains as the dollar remains unchanged.   Gold futures for June delivery traded up 0.1 percent at $1,324.40 per ounce, on the Comex division of the New York Mercantile. While, spot gold was up by 0.1 percent to $1,323.20 per ounce.   Get Commodity Tips So Give A Missed Call @ 9039001060 And Like This Page >> Investment Visor .

Gold futures settled higher on Friday, after dollar and US Treasury bonds snapped gains. U.S. Treasury. The bullion usually shows an inverse relation to the bond prices and dollar index. However, the yellow metal pared some gains on the assured global peace prospects after Korean leaders set 'complete denuclearization' goal.   Gold futures for June delivery settled up $5.50, or 0.42 percent, at $1,323.40 per ounce, on the Comex division of the New York Mercantile. While, spot gold was up by 0.4 percent at $1,321.81per ounce.   Get Commodity Tips So Give A Missed Call @ 9039001060 And Like This Page >> Investment Visor .

Copper futures ended lower on Friday on account of a firm dollar, which makes metals expensive for holders of other currencies. Copper prices fell further on worries that the supply disruptions that buoyed prices last year from mining labor contract renegotiations and other conflicts with host governments haven’t materialized yet in 2018, meaning the market could continue to be well supplied.   Copper futures for May delivery fell 2.2 percent to settle at $3.046 a pound on the Comex metals division of New York Mercantile Exchange. While, copper on the London Metal Exchange ended down 2.4 percent at $6,796 a metric ton.   Get Commodity Tips So Give A Missed Call @ 9039001060 And Like This Page >> Investment Visor .

Mentha oil futures were trading lower during the morning trade in the domestic market on Friday as investors and speculators cut down their positions in the agri-commodity amid muted physical demand for mentha oil from major consuming industries in the domestic spot market.    Further exiting of bets by traders in the spot market was due to a fall in physical demand for mentha oil from consuming industries at the domestic spot market against sufficient stocks position on higher supplies from producing regions.   At the MCX mentha oil futures for April 2018 contract was trading at Rs 1487.10 per kg down by 0.42 per cent after opening at Rs 1487.10 against the previous closing price of Rs 1493.30. It touched the intra-day low of Rs 1487.10   Get Commodity Tips So Give a Missed Call @ 9039001060 And Like This Page >> Investment Visor .

Gold futures declined on Thursday, as a firm dollar and higher U.S. Treasury yields dampened interest in bullion. Moreover, stronger-than-expected economic growth or inflation would hurt gold by bolstering expectations of more rapid increases in interest rates.   Gold futures for June delivery settled down $4.90, or 0.4 percent, at $1,317.90 per ounce, on the Comex division of the New York Mercantile. While, spot gold was down 0.4 percent at $1,317.31 per ounce.   Get Commodity Tips So Give a Missed Call @ 9039001060 And Like This Page >> Investment Visor .

Crude oil futures edged higher on Thursday as traders looked beyond a surprise increase in U.S. supplies, and instead focused on the possibility that the U.S. will re-impose sanctions on Iran. Recent comments from French President Emmanuel Macron indicate his belief that President Donald Trump will move to pull the U.S. out of the Iranian nuclear deal, despite Macron’s efforts to secure continued partnership from the U.S. That move would risk some of the oil supply gains that Iran has seen following the removal of sanctions more than two years ago, and is a fundamentally bullish factor for oil futures.   Benchmark crude oil futures for June delivery rose 14 cents or 0.2 percent to settle at $68.19 a barrel on the New York Mercantile Exchange. June Brent crude gained 74 cents or 1 percent to settle at $74.74 a barrel on London’s Intercontinental Exchange.   Get Commodity Tips So Give a Missed Call @ 9039001060 And Like This Page >> Investment Visor...

The Indian rupee opened lower by 8 paise at 66.83 per dollar on Friday versus previous close 66.75.   After remaining under pressure in the past few sessions, yesterday, the rupee consolidated against the US dollar. Weakness in the rupee had been triggered on back of sharp rise in global crude oil prices and fund outflow by FIIs in the equity and debt segment. Yesterday, they sold another USD 100 million, now getting the cumulative figure for this month to almost USD 2 billion.    Continued fund outflows by FIIs in the equity and debt segment could weigh on the rupee. For the day, the USD-INR pair is expected to quote in the range of 66.60 and 67.20(Spot), it added.    Get Commodity Tips So Give a Missed Call @ 9039001060 And Like This Page >> Investment Visor .

Gold prices seen pressure as the dollar jumped and U.S. Treasury yields continued to rise on signs of U.S. economic strength and an easing in the U.S.-China trade conflict. The benchmark U.S. Treasury 10-year yield edged above 3 percent as jitters about growing federal borrowing spurred more selling in the U.S. government bonds, paving the path for it to visit levels not seen since July 2011.   Trading Ideas:     * Gold trading range for the day is 31287-31489.   * Gold prices seen pressure as the dollar jumped and U.S. Treasury yields continued to rise on signs of U.S. economic strength and an easing in the U.S.-China trade conflict.   * The benchmark U.S. 10-year Treasury yield breached 3 percent as jitters about growing federal borrowing spurred selling of U.S. government bonds.   * The dollar was boosted by rising U.S. yields and the prospect of a faster pace of rate hikes by the Fe...

Silver on MCX settled down -0.24% at 39490 as the dollar and U.S. bond yields resumed their upward trend, curbing demand for the precious metal. The 10-year US treasury yield edged higher after topping 3% for the first time in four years, lifting the dollar to a three-month high as traders bet for a faster pace of rate hikes in the wake of firmer inflation and solid economic growth.   Trading Ideas:    * Silver trading range for the day is 39267-39795.   * Silver prices dropped as the dollar and U.S. bond yields resumed their upward trend, curbing demand for the precious metal.   * Meanwhile, political risk declined after US said it would likely reach a trade agreement with China and that officials from both sides would sit down for negotiations.   * ECB is set to keep policy unchanged, playing down worries over recent softness in economy and leaving door open to ending its lavish bond purchase sc...

Crude oil futures edged higher on Wednesday with concerns surrounding Iran and the risks to global crude supplies helping to erase earlier losses fed by an unexpected weekly rise in U.S. inventories. A report from the U.S. Energy Information Administration (EIA) showed that crude supplies rose by 2.2 million barrels for the week ended April 20, defying expectations for a 2 million barrel draw-down. Gasoline stockpiles grew by 800,000 barrels for the week, while distillate stockpiles fell 2.6 million barrels. The S&P Global Platts survey forecast a supply decline of 500,000 barrels for gasoline, while distillates stockpiles were expected to be unchanged.   Benchmark crude oil futures for June delivery rose 35 cents or 0.5 percent to settle at $68.05 a barrel on the New York Mercantile Exchange. June Brent crude gained 14 cents or 0.2 percent to settle at $74 a barrel on London’s Intercontinental Exchange.   Get More Trading Tips So Click Here >...

India's overall global trade has increased by 16.32 per cent in 2017-18.    According to the Department of Commerce, the overall trade last fiscal increased to $767.9 billion from $660.2 billion in 2016-17.   India's global trade has risen from USD 660.2 billion in 2016-17 to USD 767.9 billion in 2017-18(P), the Department of Commerce under the Ministry of Commerce and Industry tweeted on Wednesday.   While India's global trade grew by 16.32 percent between 2016-17 and 2017-18, India's total trade with LAC (Latin American countries) grew by 19.63 percent.   Get More Trading Tips So Click Here >> Commodity Tips And Give A Missed Call On @ 9039001060 And Like This Page >> Investment Visor .

Soyabean trading range for the day is 3612-3706.   Soyabean prices dropped tracking weakness in spot demand due to negative sentiment overseas followed by slowing Chinese demand for US cargoes.   Reports of higher output of bean in upcoming kharif season and sluggish buying in domestic market kept prices down.   NCDEX accredited warehouses soyabean stocks dropped by 2027 tonnes to 103955 tonnes. At the Indore spot market in top producer MP, soybean dropped -55 Rupees to 3737 Rupees per 100 kgs.   Get Commodity Tips So Give A Missed Call @ 9039001060 And Like This Page >> Investment Visor .

CPO trading range for the day is 640.3-645.3.    Crude palm oil ended with losses tracking weakness in spot demand and overseas prices amid higher output in Malaysia.    Data from AmSpec showed Malaysia's palm oil export during Apr 1-20 jumped by 2% to 931,758 tons compared to 913,091 tons in same period a month ago.    Indonesia shipped 2.37 million tonnes of the palm oils in February, down from 2.53 million in the same month last year.    Crude palm oil prices in spot market dropped by 1.30 rupees and settled at 644.70 rupees.   Get Commodity Tips So Give A Missed Call @ 9039001060 And Like This Page >> Investment Visor .

Crude oil futures declined on Tuesday, finding little support from uncertainty surrounding Iran’s nuclear deal, as a diminished appetite for risk weighed on the U.S. stock market. Iran has reportedly nixed a formal extension of the cartel’s supply quota plan with Russia, but Saudi Arabia and others will continue to limit production beyond this year. Iran’s oil minister Bijan Zanganeh said that if oil prices continued to rise, there will be no need to extend the OPEC/non-OPEC production deal beyond the end of 2018. Last week, President Donald Trump blasted OPEC for trying to artificially boost prices.   Benchmark crude oil futures for June delivery lost 94 cents or 1.4 percent to settle at $67.70 a barrel on the New York Mercantile Exchange. June Brent crude declined 85 cents or 1.1 percent to settle at $73.86 a barrel on London’s Intercontinental Exchange.   Get Commodity Tips So Give A Missed Call @ 9039001060 And Like This Page >> Investmen...

Gold prices edged higher on Wednesday as most global stock markets fell and as the U.S. dollar eased below an over three-month high hit in the previous session.   Fundamentals   * Spot gold was up 0.1 percent at $1,330.96 per ounce at 0058 GMT. Prices on Tuesday rose 0.5 percent to break a three-session losing streak.   * U.S. gold futures were steady at $1,332.60 per ounce.   * The dollar index , which measures the greenback against a basket of currencies, was little changed at 90.800, lower than 91.076 hit in the previous session, its strongest level since Jan. 12.   * U.S. consumer confidence rebounded in April and new home sales increased more than expected in March, pointing to underlying strength in the economy despite signs that growth slowed in the first quarter.   * South Africa's mines minister will appeal a court ruling that held that mining companies did not have to maintain ...