LIVE MCX PRICE AND TIPS FOR COMMODITY TREND TODAY

After jumping 12 per cent on Friday Crude Oil reversed its gain on Monday reviving its downward journey below $30 a barrel. Brent in London fell 0.7 per cent as markets received the news of Iran's first shipment to Europe, post the sanctions.

FOR COMMODITY CALLS AND TIPS GIVE A MISSED CALL TO >>>08040751836

Agri markets exchanged with a slight positive note before the weekend occasions as feelings began enhancing in the business sectors with interest gradually beginning to get in the midst of falling landings. Prospects of downpours in parts of North and NorthWest India in coming days could however have somewhat bearish effect on costs.

In Spices, there was a moderate recovery at Jeera while costs neglected to clutch the larger amounts for Turmeric. Oil complex too solidified following International markets as the immovability in household markets from rising interest upheld costs here.

Chana, Guar too demonstrated some recuperation even as no solid essentials were noted for Guar. Get sought after in the midst of low stocks bolstered Chana rates.

Gold bounced to Rs 29,650 per ten grams today by adding Rs 850, largely in tandem with a firming trend overseas.

Now, the yellow metal has gained Rs 2,600 in the eleven straight sessions, its longest winning streak this year.

Jeera (cumin seed) prices have gained by about 10% in a week despite fresh arrivals, especially in major producing states like Gujarat and Rajasthan.
The commodity's prices moved up by Rs 250-300 per 20 kg to Rs 2,250-2,750 per 20 kg in different regions. 

Cardamom prices gained 1.26% to Rs 722.90 per kg in futures trading today as speculators enlarged positions amid rising demand in the spot market.


At the Multi Commodity Exchange, cardamom for delivery in March gained Rs 9, or 1.26%, to Rs 722.90 per kg, in a business turnover of 192 lots.