Commodity

News

Date Heading Details
22-Feb-2020   08:54 Hrs IST Crude oil futures end lower on Friday <p align="justify">Crude oil futures ended lower on Friday pressured by a reported rift in the crude-production alliance between Saudi Arabia and Russia, as concerns about the spread of COVID-19 in China and beyond take a toll on expectations for energy demand. Saudi Arabia is weighing a break from a production alliance with Russia amid a disagreement between the oil heavyweights over the effect of China's COVID-19 outbreak on global crude demand. Meanwhile, the World Health Organization (WHI) said there were 76,767 confirmed cases of COVID-19, with the death toll at 2,247. The WHI said there were 1,019 new cases world-wide, with 100 in South Korea, which has seen a large uptick in recent days.</p><p align="justify">Crude oil futures for March dropped 50 cents or 0.9 percent to settle at $53.38 a barrel on the New York Mercantile Exchange. April Brent crude declined 81 cents or 1.4 percent to settle at $58.50 a barrel on London's Intercontinental Exchange.<br></p>
20-Feb-2020   15:11 Hrs IST Soybean futures exhibit mixed trend on NCDEX <p align="justify">Soybean futures exhibited mixed trend on NCDEX as the February contract traded lower by tracking weak cues from overseas markets amid growing fears over the virus outbreak, while March contract traded higher on firm demand at the domestic spot market.<p align="justify">The contract for February delivery was trading at Rs 3980.00, down by 0.5% or Rs 20.00 from its previous closing of Rs 4000.00. The open interest of the contract stood at 2355 lots.<p align="justify">The contract for March delivery was trading at Rs 3886.00, up by 0.57% or Rs 22.00 from its previous closing of Rs 3864.00. The open interest of the contract stood at 137525 lots on NCDEX.<p align="justify">&nbsp;</p>
20-Feb-2020   14:52 Hrs IST Mentha oil futures trade higher on improved demand
20-Feb-2020   14:36 Hrs IST Gold futures trade higher as demand rises
20-Feb-2020   14:35 Hrs IST Crude palm oil futures trade lower on sluggish demand
20-Feb-2020   14:14 Hrs IST Turmeric futures trade higher on rising demand
20-Feb-2020   13:02 Hrs IST Barley futures trade mixed on NCDEX
20-Feb-2020   12:29 Hrs IST Cotton futures edge marginally higher on MCX
20-Feb-2020   12:26 Hrs IST Chana futures trade lower on weak demand
20-Feb-2020   12:08 Hrs IST Crude oil futures trade higher on firm overseas cues