Base Metals
Zinc futures fell in the domestic market on Thursday as investors and speculators exited positions in the industrial metal after retail sales in the Euro area fell for the first time in five months in February 2015, signaling a faltering recovery in the 19-member economy, clouding the demand outlook for industrial metals. Retail sales fell 0.2 percent in February from the previous month, when they rose 0.9 percent. At the MCX, Zinc futures for April 2015 contract is trading at Rs 133.60 per 1 kg, down by 0.48 percent after opening at Rs 134.15, against the previous closing price of Rs 134.25. It touched the intra-day low of Rs 133.35.
Agro Outlook
Coriander prices fell by 0.56 percent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the adequate stocks availability in the physical market put pressure on coriander prices. At the NCDEX, coriander futures for April 2015 contract were trading at Rs. 9,240 per quintal, down by 0.56 percent, after opening at Rs. 9,292 against the previous closing price of Rs. 9,292. It touched the intra-day low of Rs. 9,191 till the trading.
Coriander prices fell by 0.56 percent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the adequate stocks availability in the physical market put pressure on coriander prices. At the NCDEX, coriander futures for April 2015 contract were trading at Rs. 9,240 per quintal, down by 0.56 percent, after opening at Rs. 9,292 against the previous closing price of Rs. 9,292. It touched the intra-day low of Rs. 9,191 till the trading.
No comments:
Post a Comment