Cotton and guar gum futures gained on the Multi Commodity Exchange (MCX) and the National Commodities and Derivatives Exchange (NCDEX), respectively, in the initial hour of trading on Friday morning. On MCX, the December cotton futures were trading at ₹32,260 on Friday morning as against the previous close of ₹32,030, up by 0.72 per cent. Read More
National Commodity and Derivatives Exchange Limited (NCDEX) on Monday launched the futures contract on NCDEX GUAREX, India’s first sectoral index in agri-commodities basket. NCDEX GUAREX is a price based index tracking the price movement in the futures contracts of its underlying i.e. Guar Seed and Guar Gum Refined Splits on a real-time basis. The weightage Read More
Markets watchdog Sebi on Friday barred commodity exchange NCDEX from launching new mustard seed contracts till further orders amid efforts to curb rising prices of mustard oil. The latest direction for the National Commodity & Derivatives Exchange Ltd (NCDEX) will come into immediate effect. In respect of running contracts, no new position will be allowed Read More
The Securities and Exchange Board of India may approve proposal of merger of National Commodity and Derivatives Exchange Limited with the National Stock Exchange (NSE) in this week. A source close to development told Zee Business that “In-principal approval of merger of NCDEX-NSE may come at any point of time”. In India, NCDEX was the Read More
The price of guarseed, which largely ruled flat during the first half of this year, began to see an upsurge in July. As a result, the continuous futures contract of guarseed on the National Commodity and Derivatives Exchange (NCDEX) started to rally on the back of the support at ₹4,000.
The crude oil futures were down by 0.55 per cent on the Multi Commodity Exchange (MCX) on Friday afternoon. On MCX, the January crude oil futures were trading at ₹5,477 against the previous close of ₹5,524 on Friday afternoon. Market participants felt that the likely increase of restrictive measures by various countries following the spread Read More
December natural gas futures declined by 2.69 per cent on the Multi Commodity Exchange (MCX) on Tuesday afternoon as globally prices dropped on the forecast of a mild winter this year. On MCX, December natural gas futures were trading at ₹289.40 against the previous close of ₹297.40 on Tuesday afternoon. Reports said the forecast of Read More
Cotton and guar gum futures gained on the Multi Commodity Exchange (MCX) and the National Commodities and Derivatives Exchange (NCDEX), respectively, in the initial hour of trading on Friday morning. On MCX, the December cotton futures were trading at ₹32,260 on Friday morning as against the previous close of ₹32,030, up by 0.72 per cent. Read More
According to market participants, export demand, slow arrivals and the production concerns are leading the increase in the price Cotton and guar gum futures gained on the Multi Commodity Exchange (MCX) and the National Commodities and Derivatives Exchange (NCDEX), respectively, in the initial hour of trading on Friday morning. On MCX, the December cotton futures Read More
Market participants felt that the price trends in the international markets and the increase in the import of some oils are the reasons for the downtrend in edible oils With soyabean oil trending lower globally, refined soyabean oil also traded lower on the National Commodities and Derivatives Exchange (NCDEX) on Wednesday afternoon. The December refined Read More
Refined soyabean oil futures opened lower on the National Commodities and Derivatives Exchange (NCDEX) on Wednesday as soyabean and oil prices dropped in the global market. On the National Commodities and Derivatives Exchange (NCDEX), December futures of the refined soyabean oil traded lower by 0.81 per cent to ₹1,219.60 during the initial hours of trading Read More
Rubber and cotton futures were the top gainers on the Multi Commodity Exchange (MCX) on Wednesday morning, and natural gas and CPO (crude palm oil) futures were quoted lower. On the National Commodities and Derivatives Exchange (NCDEX), guar gum and turmeric (unpolished) futures traded lower and dhaniya and jeera futures were the top gainers. The Read More
Natural gas and CPO (crude palm oil) futures were quoted lower on the Multi Commodity Exchange (MCX) during the afternoon trading on Wednesday, and rubber and nickel futures were the top gainers. On the National Commodities and Derivatives Exchange (NCDEX), steel long and dhaniya were the top gainers during the afternoon trading on Wednesday, and Read More
Markets regulator Sebi on Monday directed the National Commodity and Derivatives Exchange Limited (NCDEX) not to launch new Chana contract till further orders. For running contracts, the regulator said that no new position will be allowed to be taken and that only squaring up of the position will be allowed, as per a press release. Read More
Technically Jeera market is under long liquidation as market has witnessed drop in open interest by 10.46% to settled at while prices down 385 rupees. Now NCDEX Jeera is getting support at 15450 and below same could see a test of 15325 levels, and resistance is now likely to be seen at 15780, a move Read More
Technically Turmeric market is under fresh selling as market has witnessed gain in open interest by 4.23% to settled at 9985 while prices down 134 rupees. Now NCDEX Turmeric is getting support at 7138 and below same could see a test of 7054 levels, and resistance is now likely to be seen at 7358, a Read More
Technically Jeera market is under short covering as market has witnessed drop in open interest by 11.44% to settled at while prices up 120 rupees. Now NCDEX Jeera is getting support at 15690 and below same could see a test of 15460 levels, and resistance is now likely to be seen at 16125, a move Read More
Technically Jeera market is under long liquidation as market has witnessed drop in open interest by 8.04% to settled at 9021 while prices down 385 rupees. Now NCDEX Jeera is getting support at 15810 and below same could see a test of 15650 levels, and resistance is now likely to be seen at 16240, a Read More
Technically Jeera market is under long liquidation as market has witnessed drop in open interest by 1.45% to settled at 9810 while prices down 115 rupees. Now NCDEX Jeera is getting support at 16235 and below same could see a test of 16105 levels, and resistance is now likely to be seen at 16585, a Read More
Technically Jeera market is under fresh buying as market has witnessed gain in open interest by 0.21% to settled at 9954 while prices up 215 rupees. Now NCDEX Jeera is getting support at 16280 and below same could see a test of 16085 levels, and resistance is now likely to be seen at 16605, a Read More
