Base Metals & Energy
D A I L Y B U Z Z
Crude oil futures prices today fell further by 0.58 per cent to Rs 6,300 per barrel, as participants engaged in trimming positions, tracking a weak trend in the Asian region.
At the Multi Commodity Exchange, Crude oil for delivery in October fell by Rs 37, or 0.58 per cent, to Rs 6,300 per barrel in 2,770 lots.
In a likewise manner, oil for November shed Rs 32, or 0.50 per cent, to Rs 6,335 per barrel in 201 lots.
Analysts said fall in crude oil futures was attributed to a weak trend in Asian trade despite hopes of a breakthrough in the budget impasse in Washington, as dealers focused on a US supply glut.
Tracking a firming trend in the global markets and rising spot demand, lead futures prices today rose marginally by 0.04 per cent to Rs 126.60 per kg as participants enlarged positions.
At the Multi Commodity Exchange, lead for delivery in October traded 5 paise, or 0.04 per cent, higher at Rs 126.60 per kg, with a turnover of 611 lots.
The metal for delivery in November also rose by a similar margin to Rs 127.75 per kg with a turnover of 11 lots
Research
Via provides free
equity tips, free
share tips, bullion
tips, commodity
updates, nifty
updates, forex
tips, comex
gold trading tips, ncdex
tips, mcx
commodity tips, nifty
future tips.
No comments:
Post a Comment