Mcx commodity tips: Natural Gas futures ended lower in the domestic and overseas market on Friday as investors and speculators exited positions in the energy commodity amid speculation that the end of the winter heating season may cut the demand outlook for the weather-sensitive fuel.
At the MCX, Natural Gas futures for April 2015 contract ended at Rs 157.90 per 1 kg, down by 0.44 % after opening at Rs 159.4, against the last ending price of Rs 158.6. It touched the intra-day low of Rs 157.6 till the ending.
Cardamom prices fell by 0.23 % on Monday at the Multi Commodity Exchange (MCX) due to the adequate stocks availability in the physical market on account of higher supply from the producing belts of Chandausi in Uttar Pradesh.
At MCX, Cardamom futures for May 2015 contract were trading at Rs. 869 per kg, down by 0.23 %, after opening at Rs. 870 against the last ending price of Rs. 871. It touched the intra-day low of Rs. 864 till the trading.
Mustard seed prices ended higher by 0.06 % on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the supply for the commodity in the major markets. At the NCDEX, mustard seed futures for April 2015 contract ended at Rs. 3,572 per quintal, up by 0.06 %, after opening at Rs. 3,576 against the last ending price of Rs. 3,570. It touched the intra-day high of Rs. 3,589.
Jeera prices ended lower by 1.72 % on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a surge in the supply from the producing regions in the midst of a decline in the export demand. At the NCDEX, jeera futures for April 2015 contract ended at Rs. 16,660 per quintal, down by 1.72 %, after opening at Rs. 16,650 against the last ending price of Rs. 16,840. It touched the intra-day low of Rs. 16,450.
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