Commodity Trading Strategies: Commodity prices traded on a mixed note on Thursday, as bullion prices traded steady on pandemic worries while crude oil prices declined on demand growth worries and inventory build. Base metals complex traded on a weak note as they pared gains from the previous session. Here is a look at how different commodities are behaving in today’s market.
base metals
Base Metals Market Update: Aluminium, nickel, zinc drift lower in futures trade amid weak demand
Aluminium prices fell 10 paise at Rs 133.90 per kg on Wednesday as participants trimmed their positions amid a weak trend in spot market.
BASE METAL TIPS – MCX Zinc Tips – Above 182 Buy 10—20—50 Lots for Target 192—195
The global zinc market swung into a 10,900 tonne surplus in June from an upwardly revised deficit at 38,200 tonnes May, data from the International Lead and Zinc Study Group (ILZSG) showed. During the first half of the year, the global deficit rose to 134,000 tonnes from 103,000 tonnes in the same period last year.
MCX Options Tender Period is Starting from 26/08/2019 for Aug Month Contracts
MCX Options Tender Period Dear Client – As in MCX, Base Metals (Alumini & Aluminium, Copper, Lead, LeadMini, Nickel, Zinc, ZincMini) & Cotton, GoldGuinea, GoldPetal, MenthaOil, Silver MCX Options tender period is starting from 26/08/2019 for Aug month contracts. Square off all available Base Metal NRML positions by 10:00PM and …
MCX Nickel BASE METAL Live Trading Tips – Above 879 Target 902—912—920 – Neal Bhai Reports
MCX Nickel BASE METAL TIPS Live Trading Tips – Above 879 Target 902—912—920 – Neal Bhai Reports
Nickel futures traded 1.14 per cent higher at Rs 902 per kg on Thursday after traders enlarged positions amid pick up in spot demand at domestic markets.
MCX Zinc Future Tips – Above 205 Target 212—216, Need Patience – Neal Bhai
MCX Zinc Future Tips – Above 205 Target 212—216, Need Patience – Neal Bhai
