Yesterday, at NCDEX future, the top gainers were Castor Seed for February contract (4.0%), Castor Seed for January contract (4.0%), Chilli for February contract (4.0%), Chilli for March contract (4.0%) and Coriander for January contract (4.0%)

The top losers at NCDEX future were Copper Cathode for April contract (-3.3%), Gur for January contract (-0.6%), Gold for April contract (-0.6%), Light Sweet Crude Oil for January contract (-0.4%) and Gold 100 Gms for January contract (-0.3%)

Yesterday, at MCX future, the top traded commodities in terms of quantity were Crude Oil for January contract with 91,856 lots, Copper for February contract with 64,233 lots, Natural gas for December contract with 31,520 lots, Silver M for February contract with 31,071 lots and Natural Gas for January contract with 27,147 lots.

On the domestic arena, at MCX, Crude Oil for January contract closed at Rs 4,142.00. Gold for February contract closed at Rs 20,514.00. Gold M for January contract closed at Rs 20,379.00. Silver for March contract closed at Rs 44,376.00. Natural Gas for December contract closed at Rs 180.80.

In the international market, Crude rose to trade near a two-year high in New York on speculation stockpiles declined in the U.S., the world’s biggest oil-consuming nation, and as the dollar extended losses. Crude for February contract increased as much as 34 cents, or 0.4 per cent, to USD 91.34 a barrel in electronic trading on the New York Mercantile Exchange. It was stood at USD 91.28 at 10:15 a.m. Singapore time. Yesterday, the contract lost 51 cents after reaching USD 91.88.

Gold advanced for a third day on speculation that the dollar’s retreat may boost demand for the precious metal as an alternative investment. Gold for immediate delivery increased by 0.2 per cent to USD 1,387.10 an ounce and was at USD 1,385.75 at 10:19 a.m. in Tokyo. Gold for February contract at the Comex in New York gained 0.3 per cent to USD 1,386.30 an ounce.

On the domestic front, the country is likely to see 2.92 per cent dip in coffee production for the crop year 2010-11. Coffee Board has forecasted post monsoon coffee crop at 2, 99,000 tonnes as against its post blossom estimate of 3, 08,000 tonnes.

Currently commodities markets in India are trading favourably. At MCX future, all the indexes are showing an upward trend. At MCX futures, MCXCOMDEX is trading at 3,274.43, up by 0.36%, MCXMETAL is trading at 4,174.92, up by 0.33%, MCXAGRI is currently trading at 2,784.63, up by 0.67% and MCXENERGY is trading at 2,946.28, up by 0.26% (At 11:28 A.M today)

At NCDEX, the Dhaanya, an agri commodity benchmark index, is currently trading at 1,099.06, up by 0.21%. (At 11:34:46 A.M today)

The top gainers at MCX future are Natural Gas for March contract (5.71%), Cardamom for February contract (2.87%), Cardamom for January contract (2.65%), Cardamom for April contract (2.50%) and Cardamom for March contract (2.50%) (At 11:10 A.M today)

Similarly the top losers at MCX future are Potato TRWR for March contract (-1.50%), Potato TRWR for April contract (-1.32%), Potato for May contract (-1.22%), Potato for March contract (-0.96%) and Potato for April contract (-0.95%). (At 11:10 A.M today)

The top gainers at NCDEX future are Chilli for February contract (4.0%), Chilli for March contract (4.0%), Chilli for April contract (4.0%), Coriander for January contract (4.0%) and Coriander for February contract (4.0%). (At 11:18 A.M today)

Similarly the top losers at NCDEX future are Sugar S for January contract (-3.0%), Potato for April contract (-0.8%), Potato for May contract (-0.8%), Potato for March contract (-0.6%) and Turmeric for June contract (-0.6%). (At 11:18 A.M today)

On the domestic arena, at MCX future, Crude Oil for January contract is trading at Rs 4,137.00 against Previous close price of Rs 4,144.00 (down by 0.17%). (At 11:16 A.M today)

Gold for February contract is trading at Rs 20,587.00 against Previous close price of Rs 20,511.00 (up by 0.37%). (At 11:16 A.M today)

Natural gas for January contract is trading at Rs 188.80 against Previous close price of Rs 186.20(up by 1.45%). (At 11:18 A.M today)

Silver for March contract is trading at Rs 44,550.00 against Previous close price of Rs 44,370.00 (up by 0.41%) (At 11:19 A.M today)

Regards,

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