Mcx Commodity Price

Offer MCX Silver at Rs 28025; focus on Rs 27930 for 16May

Intraday Mcx & Ncdex Tips has come out with its review on Silver, Silver, Birdwatcher and Cause. The analysis company suggests to offer MCX Silver, Silver and Birdwatcher.

Mcx Intraday Tips

Mcx Gold Intraday Tips for 11May

Identify silver slid reduced as a distinct fall in the Dollar and finished at $1589 an ounces last night. Problems in Spain’s financial industry and gloomy European shares kept Dollar under stress. The continuous governmental difficulty in Portugal which has cause to concerns of a standard and exit from the Dollar location, put additional stress on the forex. As well, actual physical need is seen growing from Japan as traders and investors sought after the low price benefits.

NCDEX Intraday Tips

NCDEX Intraday Tips for 23May

Intraday MCX & NCDEX Tips has come out with its review on farming merchandise. The analysis organization has suggested to offer RMSeed, Refined Soy Oil on pullback and buy Spice up on falls.

Commodity Tips 19 March

“Commodity Tips” 19 March

India’s guar complicated costs increased to tremendous levels on reduced arrivals amongst popular from food industry, oil companies etc. The guar seeds costs increased to 15.30% to Rs 25,360 per qtl from Rs 22,000 per qtl and guar gum up 15.75% to Rs 80,680 per qtl from Rs 69,700 per qtl during the last week period.

Commodity Trading Tips 07 March

“Commodity Trading Tips” for 07 March

Down trend ongoing in turmeric root extract extract futures trading on the back of greater stocks from the fresh plants along with greater production concerns.Demand from the offshore and home buyers kept lower loaning support to the holds in the market.

Rates are dropping for turmeric root extract extract as greater arrivals of the new plants avoided any major uptrend for the investment. With improved arrivals, the uptrend may be restricted until need choices up. Anticipations that arrivals might obtain strength in the future is reducing prices from trading greater.

Good shares and improved selling need along with vulnerable need in the mandis have kept pattern vulnerable for the investment over the last few weeks. Generation of Turmeric root extract extract is predicted to touch traditional level of 81 lakh luggage in 2011-12 season.

Commodity Trading 02 March

Today’s Tips for NCDEX “Commodity Trading”

Soybean futures gained in India on Thursday due to strong domestic demand amid lower production concerns of oilseeds complex.

In NCDEX soybean March contract closed at Rs.2700 per quintal, up by 1.20 oer cent against the previous close.

Guar seed futures hits upper circuit in NCDEX on Thursday due to firm export demand amid limited stocks in the domestic markets.

Guar seed March contract hits upper circuit at Rs.19172 per quintal against the previous close. In the morning session the contract traded at a range of Rs.18310-19170 per quintal. Open interest of the contract is 17871 lots and volume traded is 9180 lots for the time being.

Turmeric futures fell Thursday on higher stocks in the spot markets amid expectations of higher output.

In NCDEX turmeric April contract traded at Rs.4760 per quintal, lower by 1.27% against the previous close.

Commodity Trading Tips 27 Feb

Turmeric prices in the intraday are expected to trade sideways to up due to improved buying at lower levels by the market participants.

Prices are trading at lower levels so fresh orders from the domestic and overseas buyers might be placed which might control prices from falling sharply.

Jeera prices in the intraday are expected to trade sideways on account of lacklustre demand from the domestic buyers.

Favorable weather conditions and thereby better crop expectation may pressurize prices in the short term.

Outlook for Jeera is sideways to up for the day. Pepper futures to trade higher for the day. Guar Complex is expected to trade higher for the day. Outlook for Chana is down for the day. Outlook for Soybean is seen down for the day. CPO is expected to trade lower.

Trading Commodity 23 Feb

Turmeric futures were exhibiting mixed trend on NCDEX. The commodity for near month delivery edged lower as lower demand amidst new crop arrival pressure kept trend weak for the commodity. The new crop arrival is expected by mid-February. Further, the total production this year is expected to touch 76-86 lakh bags (1 bag-75kg) - higher than the 65-70 lakh bags in 2010-11.

Turmeric futures declined Wednesday on higher crop concerns amid ample supply in the physical markets.

In NCDEX turmeric March contract is trading at Rs.4680 per quintal, down by 0.29 per cent on against the previous close.

Pepper futures rose Wednesday on firm domestic demand along with thin supply in the spot markets. Limited stocks in the domestic markets amid lower output concerns also supported the uptrend.

In NCDEX Pepper March contract is trading at Rs.33110 per quintal, down by 3.10 per cent on against the previous close.

Commodity Trading 21 Feb

Spot soy oil traded higher Monday on bullish cues from BMD CPO futures. Domestic futures markets closed yesterday for Mahashivratri festival.
Refined soy oil in benchmark Indore market quoted up Rs 1 at Rs 674 per 10 kg and in Mumbai it quoted higher Rs 6 at Rs 674 per 10 kg.

Crude soy oil in Indore market traded up Rs 4 at Rs 644 per 10 kg, while in Mumbai it quoted up Rs 5 at Rs 6487per 10 kg.
Mustard oil in Mumbai quoted higher Rs 7 at Rs 729 per 10 kg, while refined sunflower quoted at Rs 689 per 10 kg.
Cardamom and pepper in India's commodity exchange traded higher for the week on higher demand from both domestic as well as international while, turmeric fell 10.10% during the period.
Global Pepper production in 2012 is expected to increase 7.1% to 3.20 lakh tons as compared to 2.96 lakh tonnes in 2011 with sharp rise of 23% in Indonesia's output and in Vietnam by 10%.
Outlook for Jeera is sideways to up for the day. Pepper futures to trade higher for the day. Guar Complex is expected to trade higher for the day. Outlook for Chana is down for the day. Outlook for Soybean is seen down for the day. CPO is expected to trade lower.

Commodity Trading 17 Feb 2012

Soybean industry too continued to be unstable and costs hovered in both guidelines but lastly shut with a bad observe due to slack need.

In fact investors are cautious to make refreshing buy opportunities on higher levels as during Goal refreshing plants arrivals of RMseed would come which will pressurize the industry emotions. Thus in the long run soybean industry too may experience some demand on costs.
Further worldwide industry pattern has continued to be positive due to leads of increase in the move need of US soybean by the The far east.

The greater rates could not be continual for Jeera as greater arrivals of the new plants among listlessness in Money vs Rekept need on the market emotions even as investors anticipate a development of exports in coming several weeks.

Reports on arrivals and the move need would stay important for identifying the temporary pattern.

Trend likely to stay unstable based on the arrivals, generation factors, climate in Gujarat, move inquiries and the Dollar-Re activity which could impact the exports somewhat.

Today's Commodity Tip's

We provide commodity tips in bullion metals, precious metals and energy ie: gold prices, silver prices nickel, aluminium, copper, zinc and others 7AQ836CQ2H88

NATURAL GAS :-

R3	R2	R1	S1	S2	S3
178.62	177.10	175.70	171.820	169.19	167.79

Projected High Range: 174.50-176.50

Projected Low Range: 172.70-170.70

NICKLE :-

R3	R2	R1	S1	S2	S3
994.60	986.83	979.06	958.66	946.03	938.26

Projected High Range: 972.75-982.95

Projected Low Range: 965.45-955.25

LEAD :-

R3	R2	R1	S1	S2	S3
112.60	111.98	111.36	110.06	109.38	108.76

Projected High Range: 111.02-111.68

Projected Low Range: 110.93-110.28

ZINC :-

R3	R2	R1	S1	S2	S3
105.95	105.05	104.15	102.50	101.75	100.85

Projected High Range: 103.78-104.60

Projected Low Range: 104-103.18

Today's NCDEX Tip's

The US Department of Agriculture (USDA) revised global cotton ending stocks for 2011-12 upward at 57.66 million bales in its December report from 54.95 million bales estimated in November on higher opening stocks and lower consumption.

USDA forecasted opening stocks of 45.49 million bales, production of 123.42 million bales compared to 123.88 million bales, consumption of 111.34 million bales versus 114.27 million bales, exports of 36.56 million bales compared to 36.32 million bales and ending stocks of 57.66 million bales versus 54.95 million bales in November.

USDA revised production estimates of US downward by 437,000 bales, while output of rest of the major producers likely to remain unchange.

Mill Consumption estimates of most of the big consuming countries revised downward.

World Cotton Supply and Use in million bales (480 pound bales)

2011/12 Proj.		Beginning Stocks	Production	Imports	Domestic Use	Exports	Ending Stocks
World	Nov	45.22	123.89	36.31	114.27	36.33	54.96
	Dec	45.49	123.42	36.55	111.34	36.57	57.67
United States	Nov	2.6	16.3	0.01	3.8	11.3	3.8
	Dec	2.6	15.83	0.01	3.6	11.3	3.5
Australia	Nov	2.55	5	3/	0.04	4.2	3.46
	Dec	2.55	5	3/	0.04	4	3.66
Brazil	Nov	7.81	9	0.1	4.4	3.8	8.86
	Dec	7.91	9	0.1	4.3	3.8	9.06
India	Nov	6.25	27.5	0.45	20.5	5.25	8.45
	Dec	6.15	27.5	0.45	19.5	6	8.6
		filler	filler	filler	filler	filler	filler
Mexico	Nov	0.46	1.15	1.05	1.75	0.25	0.64
	Dec	0.46	1.15	1.05	1.7	0.25	0.69
China	Nov	11.6	33.5	14	45.5	0.05	13.55
	Dec	11.6	33.5	15.5	45	0.05	15.55
EU-27	Nov	0.52	1.6	0.98	1.05	1.29	0.71
	Dec	0.53	1.6	0.97	1.02	1.29	0.74
Turkey	Nov	1.71	3.1	3.1	5.8	0.18	2.02
	Dec	1.71	3.1	2.5	5.3	0.18	1.92
Pakistan	Nov	2.56	10	1.5	10.3	0.45	3.28
	Dec	2.81	10	1.4	10.3	0.45	3.43
Indonesia	Nov	0.44	0.03	2.25	2.2	0.02	0.45
	Dec	0.44	0.03	2.05	2	0.02	0.45
Thailand	Nov	0.32	3/	1.7	1.65	0	0.35
	Dec	0.32	3/	1.63	1.6	0	0.32
Bangladesh	Nov	0.99	0.07	3.5	3.6	0	0.95
	Dec	0.99	0.07	3.28	3.45	0	0.87
Vietnam	Nov	0.38	0.02	1.6	1.65	0	0.35
	Dec	0.38	0.02	1.55	1.6	0	0.35