Refined Soya oil prices dip by 0.07%
Refined soya oil prices were lower by 0.07 percent to Rs 755.05 per 10 kg in futures trading as speculators trimmed positions amid sufficient stocks position at the physical markets.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in December declined by Rs 0.5, or 0.07 percent to Rs 755.05 per 10 kg with an open interest of 34,100 lots.
The oil for delivery in January next year gained Rs 1.5, or 0.2 percent to Rs 758 per 10 kg.
Market analysts participants cut down their positions due to decline in demand in the physical market on increased supplies from producing belts.
Commodities prices today :
- Rice Fine 5000-5600: Medium 4100-4500:
- Jowar 2200-2600:
- Jaggery Cube 3600-3900:
- Jaggery ball 4200-4300:
- Coriander Seed 5600-13500:
- Chilies fine 13500-19000:
- Potato Big 2000-2300: Medium 1400-2000:
- Onion Big 1500-1800: Medium 1000-1500: Small 300-1000:
- Tamarind 9100-16800:
- Garlic 2000-3200:
- Horsegram 4400-4600:
- Wheat 2400-3100:
- Turmeric 7800-12800:
- Tur dhal 5600-7000:
- Green gram dhal 6600-7200:
- Black gram dhal 5000-7600:
- Bengal Gramdhal 5200-5600:
- Mustard 4800-5700:
- Gingely 9500-12000:
- Sugar 3500-3800:
- Groundnut Seed 8600-9000:
- Copra 16000-18000.
- Groundnut oil (10kg): 1250-1350
- Coconut oil (10kg): 3300-3500
- Gingely oil: 1500-1800
- Ghee(5kg): 2200-2300.
On the Other hand, Gold prices rose by Rs 70 to Rs 32,620 per 10 gram Tuesday amid a pick-up in festive demand.
Silver, however, declined by Rs 260 to Rs 39,240 per kg due to tepid demand by industrial units.
Bullion traders said that due to the upcoming Diwali festival there has been a rise in gold coin demand.
In the international market, gold stood at USD 1,224.83 an ounce in New York.
In Delhi, gold of 99.99 and 99.5 percent purity rallied by Rs 70 each to Rs 32,620 and Rs 32,470 per 10 gram, respectively.
Last week on Thursday, gold prices traded at over six-year high of Rs 32,625 per 10 gram.
Meanwhile, sovereign gold Tuesday also rose by Rs 100 to Rs 24,900 per piece of eight gram.
On the other hand, silver ready prices went down by Rs 260 to Rs 39,240 per kg and silver weekly-based delivery by Rs 388 to Rs 38,345 per kg.
Silver coins, however, remained unchanged at Rs 75,000 for buying and Rs 76,000 for selling of 100 pieces.