Cotton trading range for the day is 18133-18393 - Kedia Commodity

Trading Ideas

Menthaoil

Menthaoil trading range for the day is 1694.3-1727.3.

Mentha oil jumped over five-year high on limited stock amid robust demand. Prices of mentha oil were up on limited stocks in the warehouses against surplus demand.

Stock positions of mentha oil accredited warehous

10/11/2017 11:41:23 AM | Posted in Commodities Reports read full news
Crude oil 4Hr technical chart has formed `Ascending broadening wedge` pattern - Enrich Commodities

Crude oil

Crude oil prices edged higher on Thursday despite the current unrest in the Middle East while Saudi Arabia’s plan to cut crude exports lifted sentiment.

The reports of Saudi’s plan to reduce exports came as investor fears grew of instability in the Middle East after Saudi Arabia warned its citizens not to travel to Leba

10/11/2017 11:21:14 AM | Posted in Commodities Reports read full news
Cardamom trading range for the day is 933.4-993.4 - Kedia Commodity

Gold

Gold on MCX settled up 0.43% at 29661 prices rose to three-week highs in yesterday’s session amid a slump in the dollar on fears that the Senate would delay corporate tax cuts until 2019. Gold prices added to gains after the dollar fell on reports that Senate Republicans on Thursday will propose delaying a cut in the corporate tax rate from

10/11/2017 11:16:09 AM | Posted in Commodities Reports read full news
We expect Ref Soy oil to trade sideways to lower today - Angel Commodities

Agri-Fundamentals

Soybean

NCDEX Soybean Dec futures falls in Thursday on expectation that soybean arrivals have peaked and pressure on edible oil counter. Encouraging soy meal exports from the country kept the prices supported this week. Total exports of soy oilmeal in the first seven months of the fiscal star

10/11/2017 10:28:35 AM | Posted in Commodities Reports read full news
Buy Silver Dec 2017 @ 39500 SL 39350 TGT 39800-39990 - Kedia Commodity

MCX GOLD UPDATE

Gold prices rose to three-week highs in yesterday’s session rose by $4.05 to settled at $1287.84 a troy ounce amid a slump in the dollar on fears that the Senate would delay corporate tax cuts until 2019. Gold prices added to gains after the dollar fell on reports that Senate Republicans on Thursday will propose delaying a cut in

10/11/2017 10:08:30 AM | Posted in Commodities Reports read full news
Ref.Soya oil trading range for the day is 708-726 - Kedia Commodity

Trading Ideas

Soyabean trading range for the day is 2828-2952.

Soyabean dropped on profit booking after prices seen supported tracking global cues amid strong China demand and concerns over supply.

Prices were also supported by hope of higher demand for meal in coming month following increased demand in October month.

NCDE

10/11/2017 9:50:24 AM | Posted in Commodities Reports read full news
Gold Outlook By Chirag Mehta Quantum Gold Savings Fund, Quantum Multi Asset Fund & Quantum Equity Fund of Funds

Gold Outlook– CHIRAG MEHTA Senior Fund Manager – Alternative Investments Quantum Gold Fund, Quantum Gold Savings Fund, Quantum Multi Asset Fund & Quantum Equity Fund of Funds

The optimism on the Trump’s tax proposal and increasing likelihood of a rate hike by December led to further strengthening of the dollar. This onward pressured gold to cons

Commodity Report By Enrich ( Silver, Zinc, Copper and More...)

Aluminium

Technical View Aluminium market 4-hr chart has formed a Descending triangle pattern and the market has already broken the triangle’s support level on bearish momentum. The previous session market was successfully bearish and the upcoming session might also be the same. The market is expected to continue

9/11/2017 12:54:20 PM | Posted in Commodities Reports read full news
Jeera trading range for the day is 18820-19060 - Kedia Commodity

Trading Ideas

Turmeric

Turmeric trading range for the day is 6806-7222.

Turmeric prices gained on short covering after prices dropped due to lower demand for exports and expectation higher production in the new season.

In Tamil Nadu, turmeric growing regions still no rainfall reported only

9/11/2017 12:17:33 PM | Posted in Commodities Reports read full news
Cotton trading range for the day is 18120-18380 - Kedia Commodity

Trading Ideas

Menthaoil

Menthaoil trading range for the day is 1588.6-1681.2.

Mentha oil ended with gains on lower supply amid robust demand.

Prices remained supported due to tight stocks and expectations of good industrial and export demand.

Mentha oil demand is likely to pick up

9/11/2017 12:07:59 PM | Posted in Commodities Reports read full news
CPO trading range for the day is 550.1-583.3 - Kedia Commodity

Trading Ideas

Soyabean

Soyabean trading range for the day is 2831-2939.

Soyabean prices ended with gains tracking firmness in spot demand amid rise in overseas prices on concerns over supply in US and Brazil.

USDA may trim its output forecast to 4.4 million bushel compared to 4.43 million

9/11/2017 11:54:32 AM | Posted in Commodities Reports read full news
Oil prices traded steadily on Thursday - Enrich Commodities

CRUDEOIL

Oil prices traded steadily on Thursday after falling late in the previous session which was supported by ongoing supply cuts led by OPEC and Russia. According to traders, a price rally has pushed up Brent crude by over 40 percent since July may have run its course due to increases in U.S. supplies and som9e indicators of a demand slowdown.

9/11/2017 11:42:26 AM | Posted in Commodities Reports read full news
Gold prices settled higher on Wednesday - Enrich Commodities

GOLD

Gold prices settled higher on Wednesday to a nearly three-week high as ongoing concern over tax reform weighed on the dollar, boosting demand for the precious metal. Gold prices reversed losses from Tuesday’s session, as the dollar came under pressure on signs that the GOP Senate could derail Donald Trump’s Tax plan by delaying the imp

9/11/2017 11:36:37 AM | Posted in Commodities Reports read full news
Turmeric trading range for the day is 6806-7222 - Kedia Commodity

Gold

Gold on MCX settled up 0.33% at 29535 as ongoing concerns over tax reform weighed on the dollar, boosting demand for the precious metal. Gold prices reversed losses from Tuesday’s session, as the dollar came under pressure on signs that the GOP Senate could derail Donald Trump’s Tax plan by delaying the implementation of corporate tax

9/11/2017 11:29:04 AM | Posted in Commodities Reports read full news
MCX base metals traded higher on Wednesday - Angel Commodities

Bullion

Gold

On Wednesday, spot gold prices rose 0.43 percent to close at $1280.9 per ounce hovering near a three-week high as the dollar retreated on expectations of possible delays in long-awaited U.S. tax reforms, while palladium hit its highest since 2001.

U.S. House of Representatives Speaker

9/11/2017 11:24:01 AM | Posted in Commodities Reports read full news
NCDEX Jeera closed with some gain on Wednesday - Angel Commodities

Agri-Fundamentals

Soybean

NCDEX Soybean Nov futures close with gains for the second consecutive session on Wednesday on reports of improved meal exports data published by Solvent extractors of India (SEA). India's soymeal exports during October were at 47,219 tn, up 50% from a year ago. Moreover, total e

9/11/2017 11:08:48 AM | Posted in Commodities Reports read full news
Buy Gold Dec 2017 @ 29450 SL 29300 TGT 29600-29750 - Kedia Commodity

MCX GOLD UPDATE

Gold settled up as ongoing concerns over tax reform weighed on the dollar, boosting demand for the precious metal. Gold prices reversed losses from Tuesday’s session, as the dollar came under pressure on signs that the GOP Senate could derail Donald Trump’s Tax plan by delaying the implementation of corporate tax cuts, with

9/11/2017 10:21:42 AM | Posted in Commodities Reports read full news
CPO trading range for the day is 548.8-563.6 - Kedia Commodity

Trading Ideas

Soyabean

Soyabean trading range for the day is 2811-2897.

Soyabean prices gained on anticipation of good demand for the domestic oilseeds as government is going to hike import duty on edible oil and oilseeds.

There are reports that government is expected to reimburse farmers o

8/11/2017 11:55:57 AM | Posted in Commodities Reports read full news