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
Oil prices up in early Asian trade on Wednesday after European Union leaders agreed to a partial and phased ban on Russian oil and China closed its COVID-19 lockdown in Shanghai. Brent crude for August delivery was up 78 cents, or 0.7%, at $116.38 a barrel. The front-month contract for July delivery expired on Tuesday…
Gold prices solid up in gusty trading on Monday in global markets, as a weakening dollar delighted greenback-priced bullion, although gains were controlled by some investors turning to riskier assets in Asia. At morning time, gold contracts were up 0.18% at Rs 51,005 for 10 gram on the Multi-Commodity Exchange (MCX) while silver gained 0.46% at…
Oil prices jumped around a two-month high on Friday, with Brent crude on track for its biggest weekly jump in one and a half months, supported by the prospect of an European Union ban on Russian oil and the upcoming summer driving season in the United States. Brent crude futures for July down 9 cents…
According to the World Steel Association data, international steel production in April was decreased by 5.1% year-on-year to 162.7 million tonnes (mt). World production has been on the down swing since July last year as China, which makes up over 50% of the output among the 64 countries whose data are taken into credit, has…
Indian tea prices have fallen by 20% in a month as arrivals increased in auctions amid dull demand. Price of the Orthodox tea variety has seen a pick-up in the awake of weak sri Lankan shipments following economic trouble in the country. But Orthodox tea constitutes only around 10% of the total tea produced in…
Gold prices in India were trading in the green with soft gains on Tuesday, mirroring the trend in the global markets. On Multi Commodity Exchange, gold June futures were trading 0.20 per cent up at Rs 51,010 per 10 gram, as against the previous close of Rs 50,907. Silver July futures were trading at Rs…
Oil prices are up in early trade on Monday with U.S. fuel demand, tight supply and a slightly weaker U.S. dollar supporting the market, as Shanghai ready to reopen after a two-month lockdown fuelled worries about a sharp slowdown in growth. Brent crude futures raised 82 cents to $113.37 a barrel, while U.S. West Texas…
The National Commodities and Derivatives Exchange (NCDEX), the country’s biggest agriculture commodity exchange, is contracting a major comeback with plans to launch futures trading in Coffee and PVC (polyvinyl chloride). This is part of its plan to launch new contracts in commodities that are not price sensitive. The exchange is also planning to initiate Liquidity…
Oil bounce back on Wednesday after jumping nearly 10% over the previous two sessions, encouraged by supply concerns as the European Union works on gaining support for a stop on Russian oil and as major manufacturers warned they may suffer to fill the gap when demand increases. Oil prices have slipped with commodities and share…
Cotton prices in the international market have increased to almost a 11-year high on the Intercontinental Exchange (ICE), but shareholders in the industry say the raise in natural fibre prices ignores fundamentals. According to the U.S. Department of Agriculture (USDA), global production is likely to be higher from earlier impressions this season to June, while…
