Welcome to the Commodity Market tracker, we constantly support traders to analyze the rise and fall of the market for ten categories on the daily basis. We analyze and display the beginning value of the market on the morning updates and the Ending value on the evening updates. We examine the everyday trends for these categories and flash them as push notifications in our mobile applications and our success rate is above 80 percent. Play Store
Jeera futures fell 0.36% to ₹24,700 on profit booking after recent gains driven by strong domestic and export demand. Supply remains tight due to delayed crop arrivals from Gujarat and Rajasthan, but the upside is limited by weak overall demand and ample old stocks. Farmers hold around 20 lakh bags of jeera, but only 3–4…
Brent and WTI Oil are forecast to fall below $40 by the end of 2026 These forecasts are based on two key assumptions: the US economy will avoid a recession thanks to significant tariff cuts starting on April 9, and OPEC+ will moderately increase supply with two increases of 130-140kb each in June and July….
Union Petrol Minister Hardeep Singh Puri announced on Monday that the price of Liquefied Petroleum Gas (LPG) will go up by Rs 50 per cylinder from tomorrow morning for both Ujjwala (PMUY) and non-Ujjwala customers. “The cost would increase from Rs 500 to Rs 550 per cylinder for PMUY beneficiaries. Puri stated that the price…
Natural gas prices fell by 6.67% to settle at ₹330.2 due to weaker short-term demand forecasts, mild weather, and a drop in LNG exports. Despite a dip in production, bearish sentiment dominated the market. The average output in the lower 48 U.S. states slipped to 105.7 billion cubic feet per day in April, slightly below…
Monday’s trading is centred on oil and gas equities because the price of Brent crude oil is close to $60 per barrel, while the price of US WTI crude oil fell below $60 per barrel. It will have an impact on Indian businesses that refine crude oil and produce petroleum products. The US President’s reciprocal…
Crude oil prices fell 6.7% to settle at ₹5,735 after eight OPEC+ countries announced they would go ahead with their production hike plan. While OPEC cited strong fundamentals, it also hinted at pausing future increases if needed. Adding to the downward pressure, the US President’s new tariffs could dampen economic growth and reduce fuel demand….
Natural gas prices rose by 2.05% to 347.8, despite a decline in daily output and higher-than-expected demand forecasts for the next two weeks. Gas stockpiles remain 5% below normal levels due to extreme cold in January and February. Average gas production in the Lower 48 states fell to 104.4 billion cubic feet per day in…
Gold prices rose 0.32% to ₹87,554 on the back of continued uncertainty over US tariffs and their potential to dampen global economic growth. Also, Hong Kong’s gold imports from China rose 7.5% to 14.851 metric tonnes in February from 13.816 tonnes in January, indicating steady demand from the world’s largest gold consumer. The Fed kept…
A stronger US dollar, which touched its highest level since March 4 at 104.3, led gold prices to fall 0.57% to settle at ₹87,278, its lowest since March 4. Traders priced in a rate cut of about 63 basis points for 2024 after the Federal Reserve’s stance on deferring interest rate hikes due to economic…
Record production levels and forecasts of mild weather that are expected to reduce heating demand in early April led natural gas prices to fall -0.29% to 344.2. Gas storage levels are still 8% below seasonal norms, including inventory drawdowns due to severe cold in January. According to LSEG figures, average gas production in the Lower…
