Thursday, December 6, 2012

MCX Bullion Trend and Crude Oil Tips Today

Crude Oil Tips:
MCX crude oil slipped below Rs 4,800. In the last 3 days of trading crude oil slipped 3.5 percent. The MCX crude oil is trading at Rs 4785 slipped 0.7 percent. RS pressure on crude oil in the domestic market increasingly visible.

NYMEX crude oil has seen a decline of 11.2 per cent. NYMEX the crude oil is trading around $ 88 per barrel. Sandy in U.S. gasoline stocks increased and private sector jobs has decreased because of the storm. People are spending less in the Eurozone. Because of all these reasons, the crude oil has come under pressure.

MCX Bullion Trend:
With a decline of 0.8 per cent on MCX gold has come down to Rs 31,000. 0.8 per cent of the crude oil is trading at Rs 61 830 with osteoporosis. MCX base metals declined by 0.5-1 per cent. Copper dropped nearly 1 per cent is trading at Rs 442.50.

MCX Mentha Oil
Mentha oil continues to stand fast, and still seems to be a chance to buy. Mentha oil demand from industry has grown rapidly. Mentha oil supply decreases the production sector is expected to decline. While domestic growth concerns diminished. Mentha oil boom in exports is expected to see an increase. In the last 6 days of trading in mentha oil has 6 per cent. With 2.5 per cent currently on MCX mentha oil is trading at Rs 1,425.

Copyright © MCX NCDEX Commodity Tips Design by O Pregador | Blogger Theme by Blogger Template de luxo | Powered by Blogger