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
Gold prices struggled for momentum on August 10 in the international markets, as investors refrained from making big bets ahead of U.S. inflation data, which is expected to influence the pace of Federal Reserve rate hikes. Today morning the gold contracts were trading 0.24 percent lower on the Multi-Commodity Exchange (MCX) at Rs. 52,361 for 10 grams…
Oil prices pulled back slightly on Tuesday on the latest progress in last-ditch talks to revive the 2015 Iran nuclear accord, which would clear the way to boost its crude exports in a tight market. Brent crude futures dropped 14 cents, or 0.1%, to $96.51 a barrel, paring a 1.8% gain from the previous session….
Edible oil manufacturers, including Adani Wilmar, Emami Agrotech, and Ruchi Soya, on Thursday, “In principle agreed to cut prices further” in a meeting with the food ministry officials here, sources said. Landed prices of these items have seen a steady fall in recent weeks. Since May, the global price of palm oil has been declining after Indonesia,…
Oil prices edged lower on Tuesday, extending losses from the previous session, as investors worried about global oil demand following weak manufacturing data in several countries. Brent crude futures fell 29 cents to $99.74 a barrel, with WTI crude futures down 22 cents at $93.67 a barrel. Prices have been volatile, as investors weigh tight…
Palm oil continued in a downward direction with its prices dropping to a near 13-month low as leading producers, Malaysia and Indonesia struggled with rising production amidst low export demand. On Bursa Malaysia Derivative Exchange, crude palm oil for delivery in October ruled at 3,646 Malaysian ringgit (MYR) a tonne ($818.68), the lowest since June…
Gold produced a marginal gain last week as the dollar retreated from the high. However, silver continues to suffer and saw a marginal drop. On the Multi Commodity Exchange (MCX), gold futures advanced 1.1 percent to end the week at ₹50,644 (per 10 gram). But silver futures posted a loss of 0.8 percent as it…
Ahead of the meeting of the committee of secretaries, the sugar industry has sought the release of 10 lakh tonnes (lt) of additional export quota to mills and bringing back export under the “free” category from next season starting October 1. A sizeable quantity is likely to be cleared even if the government does not…
Gold prices rose on Monday in international markets, helped by a slight pullback in the U.S. dollar and as investors dialled down bets of a 100 basis point interest rate hike by the Federal Reserve this month. Spot gold had advanced 0.4% to $1,713.49 per ounce after falling to its lowest in nearly a year…
Global steel prices, including export prices of Indian mills, have seen a 13-15% downward correction, month-on-month on seasonal demand weaknesses, recessionary pressures across the world, and an economic slowdown eyeing at China. For Indian hot rolled coil the benchmark offering prices are at $ 639 per tonne, fob East Coast, down by $93. The HRC…
Crude palm oil prices, which hit a record high of Malaysian ringgit 7,268 (₹1,30,824) a tonne on March 9, have decreased by half of it’s high price in four months on the back of changing oil market dynamics. Indonesia, the major producer, and exporter, lifted its export ban within three weeks of imposing it in…
