NEW DELHI, Jan 20: Tracking a lower global trend, nickel prices fell by 0.86 per cent to Rs 890.50 per kg in futures trade today as speculators trimmed their positions.
At the Multi Commodity Exchange, nickel for delivery in January fell by Rs 7.70, or 0.86 per cent, to Rs 890.50 per kg in a business turnover of 3,361 lots.
Similarly, the metal for delivery in February lost Rs 7.30, or 0.81 per cent, at Rs 897.20 per kg in 255 lots.
Market analysts said speculators trimmed their positions in tandem with a lower global trend that put pressure on nickel prices at futures trade.
Meanwhile, the metal lost 1.4 per cent to USD 14,494 a tonne on the London Metal Exchange. (AGENCIES)
Nickel futures fall 0.86 pc on lower global trend
Silver moves up in futures trade on higher global trend
NEW DELHI, Jan 20: Silver prices moved up by 0.18 per cent to Rs 46,200 per kg in futures trading today as speculators enlarged their positions, supported by a higher global trend.
At the Multi Commodity Exchange, silver for delivery in May rose by Rs 83, or 0.18 per cent, to Rs 46,200 per kg in a business turnover of 40 lots.
Likewise, the white metal for delivery in March moved up by Rs 74, or 0.16 per cent, to Rs 45,210 per kg in 1,935 lots.
Analysts attributed the rise in silver futures to a firm global trend.
Meanwhile, silver climbed 0.3 per cent to USD 20.35 an ounce in Singapore. (AGENCIES)
Soyabean futures gain on global cues
NEW DELHI, Jan 20: Soyabean prices rose Rs 40.50 to Rs 3,802 per quintal in futures trade today on increased buying by speculators in tandem with firm global and domestic markets sentiments.
Marketmen said increased buying against restricted supply in domestic markets and a firming trend in overseas markets mainly supported the uptrend in futures trading.
At the National Commodity and Derivatives Exchange, soyabean prices for January contract advanced by Rs 40.50, or 1.08 per cent, to Rs 3,802 per quintal, with an open interest of 9,600 lots.
Near February contract gained Rs 36.50, or 0.99 per cent, to Rs 3,736 per quintal, clocking an open interest of 1,01,220 lots.
Most active March contracts rose Rs 35.50, or 0.97 per cent, to Rs 3,695 per quintal, having an open interest of 1,09,200 lots. (AGENCIES)
Sugar futures decline 0.40 pc on weak demand, ample supply
NEW DELHI, Jan 20: Sugar prices declined 0.40 per cent to Rs 2,747 per quintal in futures trade today as speculators reduced their positions, driven by a weak demand in the spot market against ample supplies.
At the National Commodity and Derivatives Exchange, sugar for delivery in February declined by Rs 11, or 0.40 per cent, to Rs 2,747 per quintal with an open interest of 18,300 lots.
The sweetener for delivery in March also shed Rs 8, or 0.29
per cent, to Rs 2,753 per quintal in 19,000 lots.
Analysts attributed the decline in sugar futures to a weak demand in the spot market against ample supplies. (AGENCIES)
Crude palm oil futures move up by 0.57 pc on spot demand
NEW DELHI, Jan 20: Crude palm oil prices moved up by 0.57 per cent to Rs 533 per 10 kg in futures market today as speculators indulged in creating fresh positions after pick up in demand in the spot market.
At the Multi Commodity Exchange, crude palm oil for delivery in January moved up by Rs 3, or 0.57 per cent, to Rs 533 per 10 kg in a business turnover of 55 lots.
Similarly, oil for delivery in February edged up by Rs 2.30, or 0.44 per cent, to Rs 528 per 10 kg in 55 lots.
Analysts said speculators indulged in creating fresh positions after pick up in demand in the spot market which mainly led to rise in crude palm oil prices at futures trade. (AGENCIES)
Gold futures rise 0.27 pc on global cues
NEW DELHI, Jan 20: Gold prices rose by 0.27 per cent to Rs 29,345 per ten grams in futures trade today as speculators created fresh positions, tracking firm global trend.
At the Multi Commodity Exchange, gold for delivery in February rose by Rs 80, or 0.27 per cent, to Rs 29,345 per ten grams in a business turnover of 952 lots.
Similarly, the metal for delivery in April gained Rs 57, or 0.20 per cent, to Rs 28,701 per ten grams in 88 lots.
Market analysts said speculators created fresh positions in tandem with a firm global trend where gold rose to six-week high that led to rise in gold prices at futures trade.
Meanwhile, it rose 0.5 per cent to USD 1,260.07 an ounce, the highest price since December 11 in Singapore. (AGENCIES)
Mixed trend prevails in foodgrain market
CHENNAI, Jan 20: The prices of thoor dal, urad dal and moong dal increased while gram dal, sugar and wheat decreased in the wholesale foodgrain market here today.
Moong dal and wheat declined by Rs 100 per quintal each to Rs 3,800 and Rs 2,500 from its previous closing rates of Rs 3,900 and Rs 2,600, respectively.
Sugar edged down by Rs 20 per quintal to Rs 2,880 from Rs 2,900.
In contrast, moong dal, urad dal and thoor dal rose by Rs 400, Rs 300 and Rs 200 per quintal each to Rs 9,000, Rs 7,200 and Rs 7,200 from last week’s closing rate of Rs 8,600, Rs 6,900 and Rs 7,000, respectively.
Maida (90 kg) and Sooji (90 kg) prices ruled steady.
Following are the wholesale rates of various agri-commodities today (in rupees per quintal, except where stated otherwise): Thoor Dal Rs 7,200 Urad Dal Rs 7,200 Moong Dal Rs 9,000 Gram Dal Rs 3,800 Sugar Rs 2,880 Wheat Rs 2,500 Maida (90 kg) Rs 2,500 and Sooji (90 kg) Rs 2,600. (AGENCIES)
horoscope
Tuesday Jan 21-2014
Aries : You are bursting with enthusiasm about your career and relationships. At work, you will easily persuade people to jump onto your bandwagon. But look before you leap. If things take a downturn, says Ganesha, the onus will be on you.
Taurus : Family matters might be the blinkers on your eyes today. Your temperament and maturity will help you deal with emotional issues. Your power and panache may partly yield expected results. There is a likelihood of some serious action in the bedroom tonight, mostly verbal though.
Gemini : There are chances that you will take a break from the routine to recharge your batteries today, feels Ganesha. In the afternoon, children will bring home delight and joy. Second half of the day will strengthen your financial position. You may get a little emotional in the evening, feels Ganesha.
Cancer : Today, there is likely to be a twist in your tale. Something is going to happen that is likely to make your life turn a corner. It may be a major breakthrough or a seemingly innocuous accident, but your life is likely to change significantly.
Leo : You will be full of energy and enthusiasm today, and will be able to excel in all spheres of life. Do not feel low if others fail to appreciate your efforts however. You will consider the financial aspect of everything that you take on today, says Ganesha.
Virgo : Ganesha predicts that family matters will occupy most of your attention today. Your power of persuasion and your towering persona may help you get pending work done. Emotional issues may demand your attention as well, and you will handle them with practised ease. You will spend the night discussing intimate matters with your spouse.
Libra : Today shall be, let’s say, different! It promises to be a resourceful day for you, says Ganesha. Chances are today you may decide to refresh your memory and knowledge by visiting a museum or a historical place later in the day. But it’s not all learning for you. You don’t want to be a dull Jack, do you? Ganesha expects you to indulge in some fun and frolic towards the evening, and hints that this may go a long way in improving your physical state and even work as an antidote for stressed relationships.
Scorpio : You will tackle work and commitments with a renewed zeal today, says Ganesha. Your enthusiasm will catch on at the workplace, contagious and inspiring as it is. On the career front, things will look up later in the day and opportunities will shower a plenty. Take a break when the stress begins to pile and indulge in some leisure activity of your liking.
Sagittarius : All prim and proper, today you dress up to grab eyeballs. You are surrounded by glitteratti when you attend a social function today. Your effective communication skills will be like icing on the cake and work wonders. Bask in the limelight, says Ganesha.
Capricorn : You may wobble under the burgeoning work pressure and may have to endure tremendous stress to meet deadlines and achieve set targets. But the hellish situation will fail to affect your state of mind as well as your ability to make sensible decisions, says Ganesha.
Aquarius : Today is just not your day. Accept that nothing will work perfectly, and get on. Any bickering at your workplace can be sorted out with tact. And patience will help you tide over difficult situations. Ganesha wishes you all the best!
Pisces : The focus today is on your spouse. You may mutually give and receive pleasant surprises today. You are likely to take stock of your present and prepare for the future today, but be sure to do so in conjunction with your better half. Your business partners may bring you some good news, says Ganesha.
Chana futures slide 0.20 per cent on increased supply
NEW DELHI, Jan 20: Chana prices declined 0.20 per cent to Rs 3,032 per quintal in futures trade today as participants trimmed positions, triggered by increased supplies from producing regions against subdued demand in spot markets.
At the National Commodity and Derivative Exchange, chana for delivery in January declined by Rs 6, or 0.20 per cent, to Rs 3,032 per quintal with an open interest of 4,680 lots.
Similarly, the commodity for delivery in February traded lower by Rs 5, or 0.16 per cent, to Rs 3,070 per quintal in 87,090 lots.
Analysts said trimming of positions by participants, triggered by increased supplies from producing regions against subdued demand in the spot market, mainly kept pressure on chana prices at futures trade. (AGENCIES)
Cardamom futures up 0.35 pc on spot demand
NEW DELHI, Jan 20: Cardamom prices were up by 0.35 per cent to Rs 736 per kg in futures market today due to rise in demand in the spot market amid tight supplies from producing belts.
At the Multi Commodity Exchange, cardamom for delivery in March rose by Rs 2.60, or 0.35 per cent, to Rs 736 per kg in business turnover of 29 lots.
In a similar fashion, spice for delivery in February gained Rs 1.80, or 0.26 per cent, to Rs 707 per kg in 168 lots.
Market analysts said besides rise in demand in the spot market, tight supplies from producing regions mainly helped cardamom prices to trade higher at futures trade. (AGENCIES)