Thursday, October 11, 2012

NCDEX and Crude Updates For Today: 11st October

Crude Oil Updates Today

In the domestic market, crude oil is trading with a loss, is firmly in the international market. MCX crude oil slipped 0.5 per cent to Rs 4,850 has. At the NYMEX crude oil with 0.2 per cent is trading around 91.50 dollars a barrel.

The strengthening of the rupee against the dollar decline in crude oil in the domestic market. The crude oil slipped 0.5 per cent is trading at Rs 4,850. Although crude oil in the international market is still firmly intact. Today, the U.S. Energy Department to release crude oil inventory data, which is estimated to increase reserves of crude.

Changing the movement of rupee against the dollar today, the domestic market has started to decline in gold and silver. With a decline of 0.3 per cent on MCX gold is trading at Rs 31 350. The silver is trading at 0.25 per cent to Rs 62 035 apart. MCX 0.5 per cent in the base metals are seeing weakness.

NCDEX Updates For Today

Red Chilli futures volatility is enormous. NCDEX chilli on the October futures gained nearly 1 per cent. The Chilli November futures is trading with a fall of 1.5 per cent. Particular thing than October November futures price is going down around 500.

In terms of other spices on NCDEX coriander trick with 1.3 per cent is trading at Rs 4,340. Cumin dropped 0.5 per cent to Rs 14 315 has arrived. Although turmeric has gained 0.5 percent. October futures on MCX cardamom 4 per cent to Rs 880.20, with the lower circuit is broken.


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