Monday 20 February 2012

Mcx Tips Expert


Crude oil prices have increased strongly. MCX crude oil price has gone up to Rs 5000. Naimaks 101 dollars a barrel on crude oil is up. 

Gold business is slow. MCX gold was trading at Rs 28 117. Silver with 0.5 per cent to Rs 56 680. 

In base metals mixed business is. Copper and nickel is about 0.5 per cent. Weakness in zinc and lead.
Agri commodity weakness of 2.5 per cent in the turmeric. Being a new crop starts arriving in the spot market has skidded turmeric. 

Turmeric is also falling apart Kastrseed potatoes au. Gwarseed, Gwargm and barley is up by 4 per cent.
Today has been a sharp drop in the potato. NCDEX turnover down 2.7 per cent is close to the potatoes. Potatoes came up strongly in the last days of this month only about 10 per cent of the potato has come. 

China has picked up strongly today. February futures on NCDEX sugar is trading at around 1.5 per cent. The March futures price of sugar is still below Rs 3,900. The Uttar Pradesh 13 per cent in sugar production this year is Bdhtori. While NCDEX has decided to remove the pepper from the special margin. Next week, after which the special margin will be 10 per cent of businesses.
 
Agri commodities and pepper Gwarseed is accelerating. However, the weak business is potatoes and coriander.

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