MCX Live News

Natural gas futures rose to Rs 139 per mmBtu on July 29 as participants increased their long positions. Gas price gained 4.4 percent on the NYMEX on July 28. The commodity has been supported by hot weather in parts of the US, increased storm activity in the Gulf of Mexico and expectation of marginal rise Read More

Zinc prices on Tuesday rose by 30 paise to Rs 177.30 per kg in futures trade, tracking a firm trend in physical markets on the back of pick-up in spot demand. On the Multi Commodity Exchange, zinc contracts for July delivery traded higher by 30 paise, or 1.17 percent, at Rs 177.30 per kg with Read More

Copper prices on Friday slipped by Rs 5.10 to Rs 507.50 per kg as participants cut down their positions amid muted demand in domestic market. On the Multi Commodity Exchange, copper for July delivery eased by Rs 5.10, or 0.99 percent, to Rs 507.50 per kg in a business turnover of 3,386 lots. Analysts said Read More

Crude oil futures rose to Rs 3,173 per barrel on July 23 as participants increased their long positions on firmness in equity markets, hopes of further stimulus and weakness in the dollar. The US Energy Information Agency reported that US crude inventories rose 4.9 million barrels for the week-ended July 17. Tapan Patel- Senior Analyst Read More