Saturday, 9 February 2013

Turmeric fell down by 1.231 percent at 6190 rupees

NCDEX JEERA TIPS, MCX SILVER UPDATES, MCX GOLD TIPS, TURMERIC UPDATES, COMMODITY TIPS, NCDEX PEPPER UPDATE, COMMODITY FUTURE TIPS. 

In January as the import duty was hike by 6 percent, RBI putting curbs on imports with launching Gold linked products. 

India is the world biggest buyer of metals as the wedding and festive season is going on. Future Jeera hits contract low on Friday trading. 

Near about 2000 bags of 60 kg crop have started arrival daily in local market. Jeera rose by 42.5 rupees to 13930 rupees per 100 kg in Gujrat. 


NCDEX Turmeric contract for April delivery was fell down by 1.21 percent at 6190 rupees per 100 kg.

Most active Pepper for March delivery was low by 0.54 percent at 35820 rupees per 100 kg. 

For future market all these commodity products were lower. It is expected that output will be improved and sluggish exports. 

The price of MCX precious metal Silver gained 1012 percent since 2003. Furthermore, Silver looks good and attractive from investing angle. 

                                      TOP GAINERS 

CONTRACT                            LTP                      CHANGE 

Cotton – march 2013                17160                        80

BRCRUDE- March 2013          6366                         14 

Cardamom- April 2013              1077                         11.9 

Mentha Oil – March 2013         1308.9                        9.7 

                                            TOP LOSERS 

CONTRACT                            LTP                        CHANGE 

Kapas Khali- Feb 2013            1280                              7 

CPO- Jun 2013                        480.1                             2.4 

Zinc- April 2013                       118.85                           0.2 

Copper- April 2013                  450.75                           0.7

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