Ncdex Cardamom Latest News Update By MarketMagnify

Cardamom prices fell by 0.23 per cent on Wednesday at the Multi Commodity Exchange (MCX) due to the adequate stocks availability in the physical market on account of higher supply from the producing belts of Chandausi in Uttar Pradesh. 

At MCX, Cardamom futures for March 2016 contract were trading at Rs. 648.30 per kg, down by 0.23 per cent, after opening at Rs. 648.40 against the previous closing price of Rs. 649.80. It touched the intra-day low of Rs. 644 till the trading. (At 10.45 AM today). Sentiment weakened further as the traders booked profits at the prevailing levels in the midst of a subdued demand for the commodity. 

MarketMagnify Is a leading Commodity Advisory CompanyIn India.We are Providing AgriCommodity Tips ,Agri Commodity Trading tips,ncdex tips,ncdex live market on mobile with 90-95% accuracy level.

Ncdex Mustard Seed Latest News Update

  Agri Commodity Market Tips Update Visit Us:-www.marketmagnify.com/agri-services.php

Mustard Seed prices closed lower by 0.8 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the profit booking by the traders on account of the weak crushing and export demand of mustard meal. 

At the NCDEX, Mustard Seed futures for April 2016 contract closed at Rs. 3,846 per quintal, down by 0.8 per cent, after opening at Rs. 3,862 against the previous closing price of Rs. 3,877. 

It touched the intra-day low of Rs. 3,830. Sentiment weakened further due to the sluggish export demand as a result of the weak demand for the commodity. 

Ncdex Soyabean Latest News Update By MarketMagnify

Mcx Tips Update Visit Us:-

www.marketmagnify.com/bullion-tips.php

Soyabean settled up by 0.11% at 3689 on fresh buying support, guided by firm spot markets. Rising demand of soymeal also enthused trading sentiments. However, lower prices at international markets ahead of the release of USDA’s acreage forecasts at its annual two-day Outlook Forum that expected to say that farmers will plant more soybeans this year than last, capped some gains.

Trading Ideas:

Soyabean trading range for the day is 3642-3728. 

Soyabean edged higher on fresh buying support, guided by firm spot markets. 

In the second Advance Estimates of production of major crops for 2015-16, soybean production is pegged at 9.13 mt. 

NCDEX accredited warehouses soyabean stocks gained by 192 tonnes to 47195 tonnes. 

Zinc Mcx Latest News Update

For More Information : Bullion Tips, Mcx Trading Tips, Mcx Tips, Commodity Market Tips,Bullion Trading Tips

Zinc futures tumbled in the domestic market on Thursday as investors and speculators exited positions in the industrial metal amid weak physical demand for zinc in the domestic spot market.

Fears that a worsening economic slowdown in China, the world’s biggest metals consumer may limit demand also hit Zinc as China’s equities tumbled with the benchmark Shanghai Composite tanking almost 6 per cent while money market rates jumped. 

At the MCX, Zinc futures for February 2016 contract closed at Rs 118.9 per kg, down by 1.7 per cent after opening at Rs 121.35, against the previous closing price of Rs 120.95. It touched the intra-day low of Rs 118.75.

Ncdex Sugar Latest News Update

Mcx NCDEX Commodity Trading Tips Update Visit Us:- www.marketmagnify.com/agri-services.php

Sugar Futures on NCDEX closed lower yesterday on reports of slowdown in exports from the country. Sugar Mar futures closed lower by 0.32% at Rs. 3,140/quintal. Sugar mills from the country may find it difficult to meet the mandatory export targets set by the Centre due to a fall in international prices. 

The sugar mills have contracted to export 900,000 tonne of the sweetener so far in the 2015-16 marketing season. Out of the contracted quantity, mills have dispatched nearly 700,000 tonne. In Maharashtra, top sugar producing state, the area under sugarcane cultivation expected to decline 25% during the 2016-17 season in due to drought. 

Best Mcx Market News On Gold

Bullion Premium Tips Update Visit Us :-www.marketmagnify.com/bullion-power-tips.php

Gold stretched its losses into a third session and tumbled below $1,200 an ounce on Tuesday, as easing concerns over the global economy buoyed stocks and hurt safe-haven demand for the metal.

Bullion's three-day loss of more than 4 percent, its biggest such drop in seven months, takes the precious metal further away from a one-year high reached last week and threatens to undo a rally that has seen prices gain 13 percent so far this year.

Spot gold fell 1.5 percent to $1,191.40 an ounce by 0415 GMT, after earlier hitting a session low of $1,190.40. The metal slid 2.3 percent on Monday, its biggest slump since July.

Mcx Gold Silver Market Trend & News Update

  Bullion Premium Tips Update Visit Us :-www.marketmagnify.com/bullion-power-tips.php

Gold:-Spot gold prices jumped by 5.5 percent to close at $1237.7 per ounce. Prices rose to a one-year high, on track for its biggest daily jump in more than seven years as financial uncertainty, a lower dollar and tumbling stock prices around the world prompted investors to seek refuge in bullion.
The U.S. dollar tumbled to a nearly fourmonth low against a basket of major currencies, further supporting bullion prices.

Silver:-Last week, Spot silver prices surged by around 5 percent to close at $15.7 per ounce . Silver prices rose in tandem with rise in gold prices .Weakness in the dollar index supported the rise in silver prices.

On the MCX, silver prices rose by 6.1 percent to close at Rs.37984 per kg.

Live Mcx Market News On Crude oil

SEE MORE MCX TIPS UPDATE VISIT US www.marketmagnify.com/bullion-tips.php

Crude oil futures sank almost 3 per cent in the domestic market on Thursday, hitting the lowest level since 2003 overseas as investors continue to shun the energy commodity amidst fears that last week’s surprise dip of 754,000 barrels in US storage levels won’t be enough to counter a growing supply glut amid rising OPEC production, and signs of slowing global demand growth.

While the IEA this week warned that oversupplies in the oil market may persist for several more months, the OPEC lowered its forecasts for global crude oil demand growth in 2016, as recessions in Brazil and Russia curb consumer spending.