Mustard Seeds Price Today

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Mustard seed prices closed higher by 0.31 per cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the supply for the commodity in the major markets. 

At the NCDEX, mustard seed futures for April 2016 contract closed at Rs. 3,870 per quintal, up by 0.31 per cent, after opening at Rs. 3,850 against the previous closing price of Rs. 3,858. It touched the intra-day high of Rs. 3,915. India produces 5.5 million MT to7 million MT annually and about 0.15 million MT is retained for sowing and direct consumption as seed which leaves about 4.8-5.1 million MT for crushing and extracting oil.

Best Mcx Agri Market News On Chana

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Chana prices closed higher 4 per cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the traders enlarged their holdings in the commodity on account of the good demand in the market. 

At the NCDEX, chana futures for April 2016 contract closed at Rs. 4,238 per quintal, up by 4 per cent, after opening at Rs. 4,125 against the previous closing price of Rs. 4,075. It touched the intra-day high of Rs. 4,238.

Mcx Gold Silver Market Trend & News Update

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MCX Gold Spot gold prices rose by 1.5 percent on Monday to close at $1190.8 per ounce as prices rose to a 7-1/2-month high, briefly nudging above the psychological level of $1,200 an ounce, as sliding stock markets and worries over global economic growth prompted investors to seek safety.On the MCX, gold prices rose by 2.67 percent to close at Rs.28458 per 10 gms.

MCX Silver Spot silver prices rose by 2.3 percent on Monday to close at $15.3 per ounce in line with strength in gold prices coupled with weakness in the dollar index.On the MCX, silver prices rose by 3.69 percent to close at Rs.37127 per kg.

Today's Mcx Market Update on natural gas

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Natural Gas futures surged by more than 4.5 per cent in the domestic market on Monday as investors and speculators booked fresh positions in the energy commodity tracking a bullish trend in the overseas market as forecasts for cold weather across parts of the US over the next two weeks bolstered the demand outlook for the heating fuel in the world’s biggest gas consuming nation. 

At the MCX, Natural Gas futures for February 2016 contract closed at Rs 145.9 per mmBtu, up by 4.59 per cent, after opening at Rs 140.9, against the previous closing price of Rs 139.5. It touched an intra-day high of 147.8.

Best Mcx Ncdex Market News On Mentha oil

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Mentha oil prices rose by 1.37 per cent on Monday at the Multi Commodity Exchange (MCX) due to tight stocks position in the physical market due to restricted arrivals from producing belts.

At MCX, Mentha oil futures for February 2016 contract, at MCX, were trading at Rs. 917.40 per kg, up by 1.37 per cent after opening at Rs. 905.90 against the previous closing price of Rs. 905. It touched the intra-day high of Rs. 918 till the trading. (At 2.30 PM today). 

mcx LME inventory days

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Copper stocks -1550 MT to 227100, 

Aluminum Stocks -5850 MT to 2768125 MT, 

Nickel Stocks -942 MT to 439140 MT, 

Zinc Stocks -1900 MT to 462075 MT, 

Lead Stocks -525 MT to 183725 MT.

Live Mcx Ncdex Market News On Cardamom

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Cardamom prices fell by 2.44 per cent on Monday 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 February 2016 contract were trading at Rs. 663.30 per kg, down by 2.44 per cent, after opening at Rs. 663.30 against the previous closing price of Rs. 679.90. It touched the intra-day low of Rs. 660.80 till the trading. (At 10.45 AM today). 

Lates News On gems & jewellery Budget 2016

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The government is considering a package of tax incentives for the labour-intensive gems and jewellery sectors in the forthcoming Budget to provide a boost to manufacturing as well as exports, reported PTI. For gems and jewellery, which is also the thrust sector under the 'Make in India' programme, the industry has asked to raise customs duty to 15 per cent from the current 10 per cent and abolish the excise duty from the current rate of 6 er cent on 

imitation jewellery. 

The suggestions assumes significance as the popularity of Indian imitation jewellery across the globe is increasing and there is a huge demand in countries including the US and Europe. 

"Extending the tax benefits to the sector will enable competitive manufacturing in the country and also boost exports," Finance Minister Arun Jaitley will unveil the Budget on February 29.

Best Mcx Market News On Gold

Spot gold stepped back on Monday from near a three-month top hit the session before, after a U.S. jobs report cast some doubt over prospects for a quicker pace of rate hikes this year and pushed up the dollar.

U.S. employment gains slowed more than expected in January as the boost to hiring from unseasonably mild weather faded, but rising wages and an unemployment rate at an eight-year low suggested the labour market recovery remains firm.

"We prefer gold," said analyst Lachlan Shaw of UBS.


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Live Mcx Market News On Crude oil

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Crude oil futures sank more than 1 per cent in the domestic market on Friday as investors and speculators exited positions in the energy commodity tracking weakness in the overseas market as a stronger dollar curbed the lure for the fuel as an alternative asset. Stronger greenback makes dollar-denominated commodities such as oil more expensive for those holding other currencies, thus dimming demand. The dollar rose as a fairly upbeat January jobs report raised speculation of a US Federal Reserve interest rate hike this year.

Oil may rebound today after Saudi Arabia’s Oil Minister Ali al- Naimi said that talks with his Venezuelan counterpart over measures to co-operate and stabilize the oil market, were successful, even as he declined to outline the steps producers needed to take to bolster beaten down prices.