
Today has seen a sharp decline in crude oil. MCX crude oil prices dropped 2 per cent has come down to Rs 4,600. No meeting of the Federal Reserve announced in Qi 3 of the pressure on crude oil prices remains. In the United States have seen huge gains in crude oil reserves. United States crude oil stocks rose last week's record in 22 years. Crude oil dropped 1.30 per cent on the Naimaks is trading at 80 dollars a barrel.
The Federal Reserve's decision on the effect of
gold and silver prices being seen. Half per cent of the domestic market, broken
gold, while silver dropped 1 per cent is trading at Rs 54,000. Soneऔr
silver in the international market has declined strongly.
With a decline in base metals are traded. Copper
and nickel were down 1 per cent, while lead and zinc are seeing a decline of
0.5 per cent. 0.20 per cent recorded in the weakness of the aluminum.
In oilseeds declined today. On NCDEX, mustard and
soybean prices have dropped around 1-1.5 per cent. Mustard in the international
market, the selling pressure in Soyabni. While in the country so far this year
30 per cent reduction in the cultivation of oilseeds. The sugar futures up on
Wednesday to see today's session remains intact. July sugar futures have been
up to Rs 2,900. In sugar prices in the international market stand fast.
Although the level of sugar production is projected to decline.
Know what would be a commodity revenues
By CommodityTradingCall -
Gold (August futures) MCX CALLS : Buy Rs
-30 150, -30 050 stoploss of Rs Rs Rs -30 207 goals
Silver (July futures) MCX CALLS: Buy Rs
-54 000, -53 800 stoploss of Rs Rs Rs -54 680 goals
Cumin (June futures) NCDEX: Sell Rs
-13 600, -13 750 stoploss of Rs Rs Rs -13 300 goals
Black pepper (June futures) NCDEX:
Buy Rs -40 050, -38 700 stoploss of Rs Rs Rs -41 000 goals
China (July futures) NCDEX:
Buy RS -2 905, -2 900 stoploss of Rs Rs Rs -2 920 goals
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