Thursday, September 25, 2014

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Market News: Zinc and Crude Oil Tips 25 september 2014

D A I L Y B U Z Z

ZINC
Zinc futures edged up by 0.22 per cent to Rs 137.40 per kg today as speculators enlarged positions amid a firm global trend and better domestic demand. At the Multi Commodity Exchange, zinc for delivery in October rose 30 paise, or 0.22 per cent,to Rs 137.40 per kg, with a business turnover of 14 lots. Likewise, the metal for delivery in current month (September) traded higher by 25 paise, or 0.18 per cent, to Rs 136.75 per kg in a turnover of 246 lots.

CRUDE OIL
Crude oil futures prices rose by 0.29 per cent to Rs 5,593 per barrel today as speculators created fresh positions, tracking a firming trend in Asia. At the Multi Commodity Exchange, crude oil for delivery in October traded Rs 16, or 0.29 percent, higher at Rs 5,593 per barrel, with a business turnover of 1,516 lots.
The oil for November also moved up by Rs 16, or 0.29 per cent, to Rs 5,594 per barrel, with a business volume of 46 lots.
 

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