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Crude oil futures rose on
Monday in thin trade as many Asian markets were on holiday for Lunar New Year,
with few trading cues expected until Federal Reserve Chair Janet Yellen gives
testimony to lawmakers later in the week.
Nickel Prices rose by 0.29% to Rs 562.10 per kg in futures trading today as participants widened their bets, driven by pick up in demand in the spot market even as the metal weakened overseas.
At the Multi Commodity Exchange, nickel for delivery in the far-month March moved up by Rs 1.60 or 0.29% to Rs 562.10 per kg in business turnover of 15 lots.
Similarly, the metal for delivery in February contracts edged up by Rs 1.10 or 0.20% to Rs 556.60 per kg in 895 lots.
Zinc Prices moved down by over 1% to Rs 115.05 per kg in futures market today as speculators offloaded their positions in tandem with a weak global trend.
At the Multi Commodity Exchange, zinc for delivery in February contracts moved down by Rs 1.20 or 1.03% to Rs 115.05 per kg in business turnover of 1,272 lots.
The metal for delivery in March traded fell by a similar margin to trade at Rs 115.60 per kg in 24 lots.
Nickel Prices rose by 0.29% to Rs 562.10 per kg in futures trading today as participants widened their bets, driven by pick up in demand in the spot market even as the metal weakened overseas.
At the Multi Commodity Exchange, nickel for delivery in the far-month March moved up by Rs 1.60 or 0.29% to Rs 562.10 per kg in business turnover of 15 lots.
Similarly, the metal for delivery in February contracts edged up by Rs 1.10 or 0.20% to Rs 556.60 per kg in 895 lots.
Zinc Prices moved down by over 1% to Rs 115.05 per kg in futures market today as speculators offloaded their positions in tandem with a weak global trend.
At the Multi Commodity Exchange, zinc for delivery in February contracts moved down by Rs 1.20 or 1.03% to Rs 115.05 per kg in business turnover of 1,272 lots.
The metal for delivery in March traded fell by a similar margin to trade at Rs 115.60 per kg in 24 lots.
India's Steel imports dipped by 8.7 per cent last month but was up 24.1
per cent for the April-January period of the ongoing financial year.
At the Multi Commodity Exchange, crude palm oil for delivery in February eased by Rs 1.90 or 0.41% to Rs 461.50 per 10 kg in a business turnover of 82 lots.
Similarly, the oil for delivery in March traded lower by Rs 1.70 or 0.36% to Rs 466.20 per 10 kg in 38 lots.
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