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Commodity News

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Smashing Gains For MCX Crude Oil   18-Jun-2013 | 18:34
MCX Crude oil futures recorded smashing gains as a weak rupee and largely upbeat global cues supported sentiments. WTI crude edged up above $98 per barrel after a supportive US housing data amid positive movement in European stocks. The commodity is ..
Economic Buzz: U.S. Building Permits Dip, Housing Starts Rise In May   18-Jun-2013 | 18:22
U.S. Census Bureau said that Privately-owned housing units authorized by building permits in May were at a seasonally adjusted annual rate of 974,000. This is 3.1 percent below the revised April rate of 1,005,000, but is 20.8 percent above the May 20..
Economic Buzz:US Housing Starts Bounce Nearly 7% In May   18-Jun-2013 | 18:23
The upturn in the once beleaguered US housing market continued. Construction on new US houses rebounded 6.8% in May to a seasonally adjusted annual rate of 914,000, the Commerce Department estimated Tuesday. Starts fell 14.8% in April due to a sharp ..
Economic Buzz: U.S CPI Unchanged At 1.70% In May   18-Jun-2013 | 18:13
U.S Consumer prices, excluding food and energy costs, rose 0.2% in May, matching expectations. Core consumer prices eased up 0.1% in April. Core CPI increased at annualized rate of 1.7% last month, in line with forecasts and unchanged from April.Powe..
Copper Moves Lower, FOMC Meet Causing Nervous Trading  18-Jun-2013 | 17:31
Jolted by rise in inventories for the second straight day and fall of sentiments ahead of Federal Reserve meet, prices of Copper moved swiftly lower. LME three month prices were trading at $ 7022 per tonne when last checked, down from $ 7065 per tonn..
U.S Gold Dips Ahead Of Fed Meeting, Local Market Up On Weak INR   18-Jun-2013 | 17:14
Gold futures were lower for the second consecutive session on Tuesday, as investors looked ahead to the Federal Reserve's policy meeting on Wednesday, amid ongoing speculation over whether the central bank will begin to unwind its easing program in t..
Guarseed Slumps On Strong Selling From Higher Levels   18-Jun-2013 | 17:30
Selling intensified in guarseed futures today on the back of strong supplies by farmers in local mandies along with restricted demand by guargum millers and exporters. The NCDEX futures wilted 3.80% today. Traders estimated that anticipation of tim..
Chana Ends Flat, Massive Position Cuts Seen In Near Month   18-Jun-2013 | 17:07
NCDEX Chana futures ended on a flat note today as the expiry of near term contract along with the near standstill price movement in spot markets ensured that a tight activity prevails in futures market. The benchmark NCDEX futures closed at Rs3226, ..
Mentha Settles Flat With Nominal Gains On Crop Concerns In Uttar Pradesh   18-Jun-2013 | 17:05
Steady trend was continued in metha oil futures due to possibility of some crop damage in major growing areas along with fragile arrivals in local mandies. The MCX futures settled flat today after touching one week high in today's trading. As per mar..
Economic Buzz:Hong Kong Unemployment Rate Drops In May  18-Jun-2013 | 16:30
Hong Kong's seasonally adjusted unemployment rate decreased to 3.4 percent in the three-months-to-May from 3.5 percent at the end of April, preliminary data released by the Census and Statistics Department revealed. Unemployment rate decreased modest..
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Registration Nos.: NSE (Cash) : INB231041238 ; NSE (F&O) : INF231041238 ; NSE (CD) INE231041238 , BSE (Cash) : INB011041257 ; BSE(F&O) : INF011041257 ; MCX-SX (Cash) INB261041231;MCX-SX (F&O) INF261041231; MCX-SX (CD) INE261041231 ;CDSL : IN-DP-CDSL-09-99 ; NSDL : IN-DP-NSDL-152-2000 ; AMFI :ARN 17397 *PMS : INP000000670; *PMS & Mutual funds are offered through Motilal Oswal Asset Management Company (MOAMC) which is group company of MOFSL. PMS Regn No. INP000004409 is offered through Motilal Oswal Wealth Management Pvt. Ltd (MOWMPL) which is group company of MOFSL *Motilal Oswal Commodities Broker Pvt Ltd (MOCBPL) member of MCX, NCDEX and NSEL. MCX Member ID 29500, NCDEX – NCDEX-CO-04-00114, NCDEX Spot Exchange Limited 10014 & National Spot Exchange Ltd (NSEL): 13730. FMC Unique membership code: MCX: MCX/TCM/CORP/0725, NCDEX: NCDEX/TCM/CORP/0033,. Commodity Services are offered through MOCBPL which is a group company of MOFSL. Motilal Oswal Securities Ltd is a Distributor of Mutual Fund, IPOs and Insurance Product. *Investment in securities is subject to market risk.
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